ALPS Strategic Income Fund
RIGS
45 hedge funds and large institutions have $63.9M invested in ALPS Strategic Income Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
26% more capital invested
Capital invested by funds: $50.8M → $63.9M (+$13.1M)
7% more funds holding
Funds holding: 42 → 45 (+3)
0.06% less ownership
Funds ownership: 47.89% → 47.83% (-0.06%)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.22M |
| 2 |
TC
TAP Consulting
Kirkwood,
Missouri
|
+$5.53M |
| 3 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$4.5M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$2.06M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.66M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.2M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
-$645K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$322K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$233K |
RIGS Hedge Fund Activity: Q2 2021 in Review
45 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2021, worth a combined $63.9M — up 26% from $50.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RIGS positions and 6 closed out — a net gain of 4 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $7.22M. The largest seller was Koshinski Asset Management, cutting an estimated $1.66M.
- 45 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2021, up from 42 in Q1 2021.
- Funds reported $63.9M of ALPS Strategic Income Fund stock for Q2 2021, up 26% quarter-over-quarter.
- 10 funds opened new ALPS Strategic Income Fund positions in Q2 2021 and 6 closed out, a net change of +4 holders.
- The largest ALPS Strategic Income Fund buyer in Q2 2021 was Royal Bank of Canada, an estimated $7.22M added.
- The largest ALPS Strategic Income Fund seller in Q2 2021 was Koshinski Asset Management, an estimated $1.66M sold.
Based on aggregated 13F filings for Q2 2021.