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ALPS Strategic Income Fund

48 hedge funds and large institutions have $68.9M invested in ALPS Strategic Income Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

19% more capital invested

Capital invested by funds: $58M → $68.9M (+$10.9M)

14% more funds holding

Funds holding: 4248 (+6)

11.6% more ownership

Funds ownership: 50.92%62.52% (+12%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 17

Holders
48
Holders Change
+6
Holders Change %
+14.29%
% of All Funds
0.75%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
17
Reduced
17
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$597K -$56.2K -2,465 -9%
SWM
27
Selective Wealth Management
Virginia
$596K +$601K +26,348 New
WGCA
28
Wolf Group Capital Advisors
Virginia
$548K -$1.41K -62 -0.3%
TC
29
TAP Consulting
Missouri
$462K -$24.6K -1,077 -5%
PPWM
30
Paragon Private Wealth Management
Kentucky
$372K
T
31
TRUADVICE
Florida
$362K -$92.5K -4,056 -20%
LFA
32
Laraway Financial Advisors
Minnesota
$360K -$1.12K -49 -0.3%
AA
33
Advisory Alpha
Michigan
$286K +$288K +12,605 New
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$277K +$277K +12,138 New
Susquehanna International Group
35
Susquehanna International Group
Pennsylvania
$241K +$242K +10,599 New
CIBC World Market
36
CIBC World Market
Ontario, Canada
$232K -$43K -1,887 -16%
OWA
37
Opal Wealth Advisors
New York
$217K +$218K +9,549 New
KAS
38
Kestra Advisory Services
Texas
$214K +$215K +9,445 New
FFA
39
Farther Finance Advisors
California
$124K +$124K +5,450 New
BFEC
40
Benjamin F. Edwards & Company
Missouri
$50K -$427K -18,717 -89%
GWM
41
Geneos Wealth Management
Colorado
$45.4K
RCM
42
Raleigh Capital Management
North Carolina
$36.3K +$68 +3 +0.2%
ASBI
43
American State Bank (Iowa)
Iowa
$25.8K
HI
44
Harbour Investments
Wisconsin
$25.1K +$228 +10 +0.9%
GWANC
45
Guardian Wealth Advisors (North Carolina)
North Carolina
$22.7K +$22.8K +1,000 New
Wells Fargo
46
Wells Fargo
California
$15.2K
NA
47
NewEdge Advisors
Louisiana
$4.43K
GRP
48
Global Retirement Partners
California
$1.57K -$1.55K -68 -50%
AssetMark Inc
49
AssetMark Inc
California
-$650K -28,278 Closed
BAM
50
Belpointe Asset Management
Nevada
-$36K -1,568 Closed

RIGS Hedge Fund Activity: Q2 2023 in Review

48 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2023, worth a combined $68.9M — up 19% from $58M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new RIGS positions and 3 closed out — a net gain of 6 holders — while 17 added to existing stakes and 17 trimmed.

The largest buyer was Jane Street, adding an estimated $5.85M. The largest seller was AssetMark Inc, exiting entirely with an estimated $650K sold.

  • 48 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2023, up from 42 in Q1 2023.
  • Funds reported $68.9M of ALPS Strategic Income Fund stock for Q2 2023, up 19% quarter-over-quarter.
  • 9 funds opened new ALPS Strategic Income Fund positions in Q2 2023 and 3 closed out, a net change of +6 holders.
  • The largest ALPS Strategic Income Fund buyer in Q2 2023 was Jane Street, an estimated $5.85M added.
  • The largest ALPS Strategic Income Fund seller in Q2 2023 was AssetMark Inc, an estimated $650K sold.

Based on aggregated 13F filings for Q2 2023.