ALPS Strategic Income Fund
RIGS
49 hedge funds and large institutions have $1.4B invested in ALPS Strategic Income Fund in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 3 closing their positions.
2,614% more capital invested
Capital invested by funds: $51.5M → $1.4B (+$1.35B)
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
23% more funds holding
Funds holding: 40 → 49 (+9)
0.94% more ownership
Funds ownership: 56.3% → 57.24% (+0.94%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAI
Savvy Advisors Inc
New York
|
+$1.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.12M |
| 3 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$309K |
| 4 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
+$247K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$5.91M |
| 2 |
CAC
Certified Advisory Corp
Altamonte Springs,
Florida
|
-$2.36M |
| 3 |
Goldman Sachs
New York
|
-$982K |
| 4 |
Morgan Stanley
New York
|
-$425K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$158K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
51
Farther Finance Advisors
San Francisco,
California
| – | -$87.9K | -3,745 | Closed |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | -$188 | -8 | Closed |
|
RIGS Hedge Fund Activity: Q4 2024 in Review
49 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2024, worth a combined $1.4B — up 2,614% from $51.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RIGS positions and 3 closed out — a net gain of 10 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Savvy Advisors Inc, opening a new position worth an estimated $1.8M. The largest seller was Elevated Capital Advisors, cutting an estimated $5.91M.
- 49 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2024, up from 40 in Q3 2024.
- Funds reported $1.4B of ALPS Strategic Income Fund stock for Q4 2024, up 2,614% quarter-over-quarter.
- 13 funds opened new ALPS Strategic Income Fund positions in Q4 2024 and 3 closed out, a net change of +10 holders.
- The largest ALPS Strategic Income Fund buyer in Q4 2024 was Savvy Advisors Inc, an estimated $1.8M added.
- The largest ALPS Strategic Income Fund seller in Q4 2024 was Elevated Capital Advisors, an estimated $5.91M sold.
Based on aggregated 13F filings for Q4 2024.