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ALPS Strategic Income Fund

47 hedge funds and large institutions have $55.8M invested in ALPS Strategic Income Fund in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

12% more funds holding

Funds holding: 4247 (+5)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6.45% less ownership

Funds ownership: 60.47%54.02% (-6.5%)

9% less capital invested

Capital invested by funds: $61.2M → $55.8M (-$5.38M)

25% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 20

Holders
47
Holders Change
+5
Holders Change %
+11.9%
% of All Funds
0.76%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
15
Reduced
20
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFEC
26
Benjamin F. Edwards & Company
Missouri
$399K +$33K +1,468 +9%
T
27
TRUADVICE
Florida
$370K +$53.1K +2,360 +17%
LFA
28
Laraway Financial Advisors
Minnesota
$358K +$7.22K +321 +2%
AFG
29
Arkansas Financial Group
Arkansas
$327K +$325K +14,460 New
CAC
30
Certified Advisory Corp
Florida
$324K +$5.4K +240 +2%
CIBC World Market
31
CIBC World Market
Ontario, Canada
$274K
PPWM
32
Paragon Private Wealth Management
Kentucky
$262K -$20K -889 -7%
Susquehanna International Group
33
Susquehanna International Group
Pennsylvania
$257K -$730K -32,413 -74%
PCA
34
Personal Capital Advisors
California
$206K +$205K +9,103 New
SWP
35
Stratos Wealth Partners
Ohio
$204K +$203K +9,004 New
Wells Fargo
36
Wells Fargo
California
$56.3K
GWM
37
Geneos Wealth Management
Colorado
$45.3K
RCM
38
Raleigh Capital Management
North Carolina
$41.9K +$14K +623 +51%
BAM
39
Belpointe Asset Management
Nevada
$35.5K +$35.3K +1,568 New
HI
40
Harbour Investments
Wisconsin
$24.6K +$360 +16 +1%
ASBI
41
American State Bank (Iowa)
Iowa
$22.6K
MCC
42
Money Concepts Capital
Florida
$6.61K
SWM
43
Sugarloaf Wealth Management
Georgia
$5.15K -$23 -1 -0.4%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$4.56K +$4.5K +200 New
CPG
45
Cornerstone Planning Group
New Jersey
$1.68K +$1.64K +73 New
PAG
46
Private Advisor Group
New Jersey
$820 +$75K +3,331 +10%
NA
47
NewEdge Advisors
Louisiana
$4 +$4.41K +196 New
Citadel Advisors
48
Citadel Advisors
Florida
-$699K -31,442 Closed
PFA
49
Professional Financial Advisors
Nebraska
-$37K -1,662 Closed

RIGS Hedge Fund Activity: Q4 2022 in Review

47 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2022, worth a combined $55.8M — down 8.8% from $61.2M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new RIGS positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 20 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.76M. The largest seller was Royal Bank of Canada, cutting an estimated $4.21M.

  • 47 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2022, up from 42 in Q3 2022.
  • Funds reported $55.8M of ALPS Strategic Income Fund stock for Q4 2022, down 8.8% quarter-over-quarter.
  • 7 funds opened new ALPS Strategic Income Fund positions in Q4 2022 and 2 closed out, a net change of +5 holders.
  • The largest ALPS Strategic Income Fund buyer in Q4 2022 was Morgan Stanley, an estimated $3.76M added.
  • The largest ALPS Strategic Income Fund seller in Q4 2022 was Royal Bank of Canada, an estimated $4.21M sold.

Based on aggregated 13F filings for Q4 2022.