ALPS Strategic Income Fund
RIGS
47 hedge funds and large institutions have $55.8M invested in ALPS Strategic Income Fund in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
12% more funds holding
Funds holding: 42 → 47 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.45% less ownership
Funds ownership: 60.47% → 54.02% (-6.5%)
9% less capital invested
Capital invested by funds: $61.2M → $55.8M (-$5.38M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.76M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$366K |
| 3 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$325K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$243K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.21M |
| 2 |
Jane Street
New York
|
-$3.23M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$730K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$699K |
| 5 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$507K |
RIGS Hedge Fund Activity: Q4 2022 in Review
47 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2022, worth a combined $55.8M — down 8.8% from $61.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RIGS positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.76M. The largest seller was Royal Bank of Canada, cutting an estimated $4.21M.
- 47 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2022, up from 42 in Q3 2022.
- Funds reported $55.8M of ALPS Strategic Income Fund stock for Q4 2022, down 8.8% quarter-over-quarter.
- 7 funds opened new ALPS Strategic Income Fund positions in Q4 2022 and 2 closed out, a net change of +5 holders.
- The largest ALPS Strategic Income Fund buyer in Q4 2022 was Morgan Stanley, an estimated $3.76M added.
- The largest ALPS Strategic Income Fund seller in Q4 2022 was Royal Bank of Canada, an estimated $4.21M sold.
Based on aggregated 13F filings for Q4 2022.