STRATEGIC GLOBAL INCOME FUND
SGL
SGL was delisted on the 18th of May, 2016.
30 hedge funds and large institutions have $56.8M invested in STRATEGIC GLOBAL INCOME FUND in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 7 closing their positions.
32% more capital invested
Capital invested by funds: $43M → $56.8M (+$13.8M)
3% less funds holding
Funds holding: 31 → 30 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$5.64M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.82M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.26M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.33M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$4.33M |
| 2 |
Morgan Stanley
New York
|
-$2.24M |
| 3 |
DIS
Diversified Investment Strategies
Baton Rouge,
Louisiana
|
-$763K |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$325K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$224K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $10K | +$9.61K | +1,100 | New |
|
|
KT
27
Kanaly Trust
Houston,
Texas
| $9K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$10.6K | -1,214 | -78% |
|
|
DIS
29
Diversified Investment Strategies
Baton Rouge,
Louisiana
| – | -$763K | -96,175 | Closed |
|
|
RTS
30
Round Table Services
Westfield,
New Jersey
| – | -$325K | -41,000 | Closed |
|
|
BL
31
BCWM LLC
Overland Park,
Kansas
| – | -$134K | -16,836 | Closed |
|
32
M&T Bank
Buffalo,
New York
| – | -$80K | -10,147 | Closed |
|
33
Envestnet Asset Management
Chicago,
Illinois
| – | -$47K | -5,930 | Closed |
|
|
SSB
34
Sandy Spring Bank
Olney,
Maryland
| – | -$17K | -2,102 | Closed |
|
|
GWM
35
Gupta Wealth Management
San Diego,
California
| – | -$7K | -856 | Closed |
|
36
Barclays
London,
United Kingdom
| – | +$227 | +26 | New |
|
SGL Hedge Fund Activity: Q4 2015 in Review
30 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in STRATEGIC GLOBAL INCOME FUND (SGL) for Q4 2015, worth a combined $56.8M — up 32% from $43M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SGL and 6 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 6 added.
The largest buyer was Icon Advisers, opening a new position worth an estimated $5.64M. The largest seller was Financial & Investment Management Group, cutting an estimated $4.33M.
- 30 institutional investors held STRATEGIC GLOBAL INCOME FUND (SGL) as of Q4 2015, down from 31 in Q3 2015.
- Funds reported $56.8M of STRATEGIC GLOBAL INCOME FUND stock for Q4 2015, up 32% quarter-over-quarter.
- 6 funds opened new STRATEGIC GLOBAL INCOME FUND positions in Q4 2015 and 7 closed out, a net change of -1 holder.
- The largest STRATEGIC GLOBAL INCOME FUND buyer in Q4 2015 was Icon Advisers, an estimated $5.64M added.
- The largest STRATEGIC GLOBAL INCOME FUND seller in Q4 2015 was Financial & Investment Management Group, an estimated $4.33M sold.
Based on aggregated 13F filings for Q4 2015.