STRATEGIC GLOBAL INCOME FUND
SGL
SGL was delisted on the 18th of May, 2016.
27 hedge funds and large institutions have $63.6M invested in STRATEGIC GLOBAL INCOME FUND in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 6 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
12% more capital invested
Capital invested by funds: $56.8M → $63.6M (+$6.84M)
10% less funds holding
Funds holding: 30 → 27 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.55M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.39M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.01M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$892K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.26M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$648K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$159K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$138K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIMG
26
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$2.26M | -258,287 | Closed |
|
|
GC
27
Guggenheim Capital
Chicago,
Illinois
| – | -$159K | -18,162 | Closed |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| – | -$138K | -15,738 | Closed |
|
|
ICAS
29
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$110K | -12,565 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$50.7K | -5,829 | -100% |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| – | -$10K | -1,100 | Closed |
|
SGL Hedge Fund Activity: Q1 2016 in Review
27 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in STRATEGIC GLOBAL INCOME FUND (SGL) for Q1 2016, worth a combined $63.6M — up 12% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGL and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Sit Investment Associates, adding an estimated $4.55M. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $2.26M sold.
- 27 institutional investors held STRATEGIC GLOBAL INCOME FUND (SGL) as of Q1 2016, down from 30 in Q4 2015.
- Funds reported $63.6M of STRATEGIC GLOBAL INCOME FUND stock for Q1 2016, up 12% quarter-over-quarter.
- 3 funds opened new STRATEGIC GLOBAL INCOME FUND positions in Q1 2016 and 6 closed out, a net change of -3 holders.
- The largest STRATEGIC GLOBAL INCOME FUND buyer in Q1 2016 was Sit Investment Associates, an estimated $4.55M added.
- The largest STRATEGIC GLOBAL INCOME FUND seller in Q1 2016 was Financial & Investment Management Group, an estimated $2.26M sold.
Based on aggregated 13F filings for Q1 2016.