ALPS Strategic Income Fund
RIGS
46 hedge funds and large institutions have $74.9M invested in ALPS Strategic Income Fund in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
10% more funds holding
Funds holding: 42 → 46 (+4)
1% less capital invested
Capital invested by funds: $75.8M → $74.9M (-$924K)
3.03% less ownership
Funds ownership: 54.73% → 51.7% (-3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TAP Consulting
Kirkwood,
Missouri
|
+$2.41M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$2.38M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.17M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.28M |
| 5 |
WGCA
Wolf Group Capital Advisors
Fairfax,
Virginia
|
+$988K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$2.42M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.55M |
| 3 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$367K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$270K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$232K |
RIGS Hedge Fund Activity: Q4 2021 in Review
46 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2021, worth a combined $74.9M — down 1.2% from $75.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RIGS positions and 4 closed out — a net gain of 5 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was TAP Consulting, adding an estimated $2.41M. The largest seller was Harbour Investments, cutting an estimated $2.42M.
- 46 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2021, up from 42 in Q3 2021.
- Funds reported $74.9M of ALPS Strategic Income Fund stock for Q4 2021, down 1.2% quarter-over-quarter.
- 9 funds opened new ALPS Strategic Income Fund positions in Q4 2021 and 4 closed out, a net change of +5 holders.
- The largest ALPS Strategic Income Fund buyer in Q4 2021 was TAP Consulting, an estimated $2.41M added.
- The largest ALPS Strategic Income Fund seller in Q4 2021 was Harbour Investments, an estimated $2.42M sold.
Based on aggregated 13F filings for Q4 2021.