ALPS Strategic Income Fund
RIGS
48 hedge funds and large institutions have $68.9M invested in ALPS Strategic Income Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
19% more capital invested
Capital invested by funds: $58M → $68.9M (+$10.9M)
14% more funds holding
Funds holding: 42 → 48 (+6)
11.6% more ownership
Funds ownership: 50.92% → 62.52% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.85M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.88M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.45M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$865K |
| 5 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
+$702K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$650K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$427K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$317K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$195K |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$166K |
RIGS Hedge Fund Activity: Q2 2023 in Review
48 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2023, worth a combined $68.9M — up 19% from $58M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RIGS positions and 3 closed out — a net gain of 6 holders — while 17 added to existing stakes and 17 trimmed.
The largest buyer was Jane Street, adding an estimated $5.85M. The largest seller was AssetMark Inc, exiting entirely with an estimated $650K sold.
- 48 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2023, up from 42 in Q1 2023.
- Funds reported $68.9M of ALPS Strategic Income Fund stock for Q2 2023, up 19% quarter-over-quarter.
- 9 funds opened new ALPS Strategic Income Fund positions in Q2 2023 and 3 closed out, a net change of +6 holders.
- The largest ALPS Strategic Income Fund buyer in Q2 2023 was Jane Street, an estimated $5.85M added.
- The largest ALPS Strategic Income Fund seller in Q2 2023 was AssetMark Inc, an estimated $650K sold.
Based on aggregated 13F filings for Q2 2023.