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ALPS Strategic Income Fund

44 hedge funds and large institutions have $69.6M invested in ALPS Strategic Income Fund in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

2% more funds holding

Funds holding: 4344 (+1)

6.72% less ownership

Funds ownership: 62.75%56.03% (-6.7%)

19% less capital invested

Capital invested by funds: $86.2M → $69.6M (-$16.6M)

33% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 21

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
44
Holders Change
+1
Holders Change %
+2.33%
% of All Funds
0.74%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
14
Reduced
21
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$24.1M -$2.32M -100,355 -9%
TC
2
TAP Consulting
Missouri
$5.92M -$2.85M -123,309 -32%
RIG
3
RiverFront Investment Group
Virginia
$5.43M +$1.22M +52,925 +28%
Morgan Stanley
4
Morgan Stanley
New York
$3.52M -$302K -13,065 -8%
Koshinski Asset Management
5
Koshinski Asset Management
Illinois
$3.09M -$106K -4,600 -3%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$3M -$203K -8,765 -6%
Truist Financial
7
Truist Financial
North Carolina
$2.23M -$231K -9,983 -9%
Osaic Holdings
8
Osaic Holdings
Arizona
$2.16M +$193K +8,330 +10%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$1.89M -$56.8K -2,455 -3%
Jane Street
10
Jane Street
New York
$1.85M -$520K -22,507 -22%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$1.4M +$1.43M +61,869 New
MF
12
Meridian Financial
Massachusetts
$1.27M +$2.87K +124 +0.2%
Cetera Investment Advisers
13
Cetera Investment Advisers
Illinois
$1.24M +$159K +6,890 +14%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$1.21M +$38.3K +1,658 +3%
UBS Group
15
UBS Group
Switzerland
$1.15M -$306K -13,242 -21%
Citadel Advisors
16
Citadel Advisors
Florida
$928K +$640K +27,659 +208%
AFP
17
Ausdal Financial Partners
Iowa
$894K -$12.8K -552 -1%
CAN
18
Cetera Advisor Networks
California
$773K -$91.5K -3,958 -10%
AssetMark Inc
19
AssetMark Inc
California
$746K -$8.53K -369 -1%
RJA
20
Raymond James & Associates
Florida
$702K +$63.7K +2,754 +10%
PFS
21
Prospera Financial Services
Texas
$628K +$50.3K +2,177 +9%
LPL Financial
22
LPL Financial
California
$566K -$89K -3,848 -13%
TCWM
23
Total Clarity Wealth Management
Illinois
$557K +$568K +24,578 New
IA
24
IFG Advisory
Georgia
$556K -$31.1K -1,347 -5%
WGCA
25
Wolf Group Capital Advisors
Virginia
$484K +$8.02K +347 +2%

RIGS Hedge Fund Activity: Q2 2022 in Review

44 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2022, worth a combined $69.6M — down 19% from $86.2M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new RIGS positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 21 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.43M. The largest seller was TAP Consulting, cutting an estimated $2.85M.

  • 44 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2022, up from 43 in Q1 2022.
  • Funds reported $69.6M of ALPS Strategic Income Fund stock for Q2 2022, down 19% quarter-over-quarter.
  • 5 funds opened new ALPS Strategic Income Fund positions in Q2 2022 and 3 closed out, a net change of +2 holders.
  • The largest ALPS Strategic Income Fund buyer in Q2 2022 was Susquehanna International Group, an estimated $1.43M added.
  • The largest ALPS Strategic Income Fund seller in Q2 2022 was TAP Consulting, an estimated $2.85M sold.

Based on aggregated 13F filings for Q2 2022.