ALPS Strategic Income Fund
RIGS
46 hedge funds and large institutions have $73.4M invested in ALPS Strategic Income Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $68.9M → $73.4M (+$4.58M)
5.84% more ownership
Funds ownership: 62.52% → 68.36% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
4% less funds holding
Funds holding: 48 → 46 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Fiduciary Planning
Englewood,
Florida
|
+$6.8M |
| 2 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$6.7M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$773K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$7.77M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.97M |
| 3 |
SWM
Selective Wealth Management
Forest,
Virginia
|
-$596K |
| 4 |
PPWM
Paragon Private Wealth Management
Lexington,
Kentucky
|
-$372K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$277K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$241K | -10,599 | Closed |
|
52
Wells Fargo
San Francisco,
California
| – | -$15.2K | -671 | Closed |
|
RIGS Hedge Fund Activity: Q3 2023 in Review
46 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2023, worth a combined $73.4M — up 6.6% from $68.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RIGS and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 18 added.
The largest buyer was Fiduciary Planning, opening a new position worth an estimated $6.8M. The largest seller was Jane Street, exiting entirely with an estimated $7.77M sold.
- 46 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2023, down from 48 in Q2 2023.
- Funds reported $73.4M of ALPS Strategic Income Fund stock for Q3 2023, up 6.6% quarter-over-quarter.
- 4 funds opened new ALPS Strategic Income Fund positions in Q3 2023 and 6 closed out, a net change of -2 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2023 was Fiduciary Planning, an estimated $6.8M added.
- The largest ALPS Strategic Income Fund seller in Q3 2023 was Jane Street, an estimated $7.77M sold.
Based on aggregated 13F filings for Q3 2023.