ALPS Strategic Income Fund
RIGS
39 hedge funds and large institutions have $57M invested in ALPS Strategic Income Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.05% less ownership
Funds ownership: 66.25% → 60.2% (-6.1%)
13% less funds holding
Funds holding: 45 → 39 (-6)
16% less capital invested
Capital invested by funds: $67.9M → $57M (-$10.9M)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.28M |
| 2 |
EH
Equitable Holdings
New York
|
+$249K |
| 3 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
+$206K |
| 4 |
Jane Street
New York
|
+$97.2K |
| 5 |
MF
Meridian Financial
Holliston,
Massachusetts
|
+$85.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.48M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.7M |
| 4 |
CWM
Capital Wealth Management
W. Warwick,
Rhode Island
|
-$1.28M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$740K |
RIGS Hedge Fund Activity: Q2 2024 in Review
39 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2024, worth a combined $57M — down 16% from $67.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RIGS and 2 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, adding an estimated $3.28M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $4.48M sold.
- 39 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2024, down from 45 in Q1 2024.
- Funds reported $57M of ALPS Strategic Income Fund stock for Q2 2024, down 16% quarter-over-quarter.
- 2 funds opened new ALPS Strategic Income Fund positions in Q2 2024 and 7 closed out, a net change of -5 holders.
- The largest ALPS Strategic Income Fund buyer in Q2 2024 was LPL Financial, an estimated $3.28M added.
- The largest ALPS Strategic Income Fund seller in Q2 2024 was Cambridge Investment Research Advisors, an estimated $4.48M sold.
Based on aggregated 13F filings for Q2 2024.