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ALPS Strategic Income Fund

42 hedge funds and large institutions have $50.8M invested in ALPS Strategic Income Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

7.82% more ownership

Funds ownership: 40.07%47.89% (+7.8%)

7% more capital invested

Capital invested by funds: $47.7M → $50.8M (+$3.14M)

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

5% less funds holding

Funds holding: 4442 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
42
Holders Change
-2
Holders Change %
-4.55%
% of All Funds
0.74%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
15
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWM
26
Cornerstone Wealth Management
Missouri
$322K -$406K -16,419 -56%
CIBC World Market
27
CIBC World Market
Ontario, Canada
$309K
KAS
28
Kestra Advisory Services
Texas
$307K -$74.3K -3,005 -19%
PFS
29
Prospera Financial Services
Texas
$295K -$203K -8,207 -41%
SWP
30
Stratos Wealth Partners
Ohio
$243K -$161K -6,504 -40%
T
31
TRUADVICE
Florida
$226K -$186K -7,533 -45%
NFG
32
Next Financial Group
Texas
$94K
SFS
33
Sowell Financial Services
Arkansas
$90K +$77.3K +3,130 +605%
GWM
34
Geneos Wealth Management
Colorado
$49K
ASBI
35
American State Bank (Iowa)
Iowa
$38.7K
Wells Fargo
36
Wells Fargo
California
$16K
Citigroup
37
Citigroup
New York
$12K -$124 -5 -1%
LWA
38
Lenox Wealth Advisors
New York
$11K +$10.6K +429 New
EP
39
Eudaimonia Partners
Tennessee
$10K +$10.3K +416 New
VFA
40
Valeo Financial Advisors
Indiana
$6K
WAP
41
Wealthcare Advisory Partners
Pennsylvania
$3K +$3.31K +134 New
SWM
42
Sugarloaf Wealth Management
Georgia
$5 +$49 +2 +0.9%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
-$1.59M -64,089 Closed
SPIA
44
Steward Partners Investment Advisory
New York
-$1.42M -57,402 Closed
SIA
45
Strategic Investment Advisors
Michigan
-$1.19M -48,163 Closed
Jane Street
46
Jane Street
New York
-$394K -15,901 Closed
HFP
47
Holistic Financial Partners
Indiana
-$250K -10,097 Closed
Stifel Financial
48
Stifel Financial
Missouri
-$200K -8,087 Closed
MCC
49
Money Concepts Capital
Florida
-$7K -292 Closed

RIGS Hedge Fund Activity: Q1 2021 in Review

42 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q1 2021, worth a combined $50.8M — up 6.6% from $47.7M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of RIGS and 5 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 15 added.

The largest buyer was Royal Bank of Canada, adding an estimated $10M. The largest seller was Morgan Stanley, cutting an estimated $3.23M.

  • 42 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q1 2021, down from 44 in Q4 2020.
  • Funds reported $50.8M of ALPS Strategic Income Fund stock for Q1 2021, up 6.6% quarter-over-quarter.
  • 5 funds opened new ALPS Strategic Income Fund positions in Q1 2021 and 7 closed out, a net change of -2 holders.
  • The largest ALPS Strategic Income Fund buyer in Q1 2021 was Royal Bank of Canada, an estimated $10M added.
  • The largest ALPS Strategic Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $3.23M sold.

Based on aggregated 13F filings for Q1 2021.