ALPS Strategic Income Fund
RIGS
42 hedge funds and large institutions have $61.2M invested in ALPS Strategic Income Fund in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 3 closing their positions.
4.45% more ownership
Funds ownership: 56.03% → 60.47% (+4.4%)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
5% less funds holding
Funds holding: 44 → 42 (-2)
12% less capital invested
Capital invested by funds: $69.6M → $61.2M (-$8.47M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.54M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$754K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$631K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$214K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.5M |
| 2 |
TC
TAP Consulting
Kirkwood,
Missouri
|
-$1.28M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$602K |
| 4 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
-$557K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$415K |
RIGS Hedge Fund Activity: Q3 2022 in Review
42 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2022, worth a combined $61.2M — down 12% from $69.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RIGS and 2 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 17 added.
The largest buyer was Jane Street, adding an estimated $4.54M. The largest seller was Royal Bank of Canada, cutting an estimated $18.5M.
- 42 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2022, down from 44 in Q2 2022.
- Funds reported $61.2M of ALPS Strategic Income Fund stock for Q3 2022, down 12% quarter-over-quarter.
- 2 funds opened new ALPS Strategic Income Fund positions in Q3 2022 and 3 closed out, a net change of -1 holder.
- The largest ALPS Strategic Income Fund buyer in Q3 2022 was Jane Street, an estimated $4.54M added.
- The largest ALPS Strategic Income Fund seller in Q3 2022 was Royal Bank of Canada, an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2022.