ALPS Strategic Income Fund
RIGS
42 hedge funds and large institutions have $75.8M invested in ALPS Strategic Income Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 7 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
19% more capital invested
Capital invested by funds: $63.9M → $75.8M (+$11.9M)
6.9% more ownership
Funds ownership: 47.83% → 54.73% (+6.9%)
7% less funds holding
Funds holding: 45 → 42 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.68M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$446K |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$404K |
| 5 |
LPL Financial
San Diego,
California
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$4.21M |
| 2 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$642K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$346K |
| 4 |
AA
Advisory Alpha
Holland,
Michigan
|
-$271K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$200K |
RIGS Hedge Fund Activity: Q3 2021 in Review
42 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2021, worth a combined $75.8M — up 19% from $63.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RIGS and 4 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 23 added.
The largest buyer was Royal Bank of Canada, adding an estimated $6.68M. The largest seller was Prime Capital Investment Advisors, cutting an estimated $4.21M.
- 42 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2021, down from 45 in Q2 2021.
- Funds reported $75.8M of ALPS Strategic Income Fund stock for Q3 2021, up 19% quarter-over-quarter.
- 4 funds opened new ALPS Strategic Income Fund positions in Q3 2021 and 7 closed out, a net change of -3 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2021 was Royal Bank of Canada, an estimated $6.68M added.
- The largest ALPS Strategic Income Fund seller in Q3 2021 was Prime Capital Investment Advisors, an estimated $4.21M sold.
Based on aggregated 13F filings for Q3 2021.