ALPS Strategic Income Fund
RIGS
42 hedge funds and large institutions have $50.8M invested in ALPS Strategic Income Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 7 closing their positions.
7.82% more ownership
Funds ownership: 40.07% → 47.89% (+7.8%)
7% more capital invested
Capital invested by funds: $47.7M → $50.8M (+$3.14M)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
5% less funds holding
Funds holding: 44 → 42 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10M |
| 2 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
+$6.41M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$913K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$386K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.23M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.7M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$2.23M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.59M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$1.42M |
RIGS Hedge Fund Activity: Q1 2021 in Review
42 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q1 2021, worth a combined $50.8M — up 6.6% from $47.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RIGS and 5 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 15 added.
The largest buyer was Royal Bank of Canada, adding an estimated $10M. The largest seller was Morgan Stanley, cutting an estimated $3.23M.
- 42 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q1 2021, down from 44 in Q4 2020.
- Funds reported $50.8M of ALPS Strategic Income Fund stock for Q1 2021, up 6.6% quarter-over-quarter.
- 5 funds opened new ALPS Strategic Income Fund positions in Q1 2021 and 7 closed out, a net change of -2 holders.
- The largest ALPS Strategic Income Fund buyer in Q1 2021 was Royal Bank of Canada, an estimated $10M added.
- The largest ALPS Strategic Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $3.23M sold.
Based on aggregated 13F filings for Q1 2021.