ALPS Strategic Income Fund
RIGS
40 hedge funds and large institutions have $51.5M invested in ALPS Strategic Income Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
3% more funds holding
Funds holding: 39 → 40 (+1)
3.9% less ownership
Funds ownership: 60.2% → 56.3% (-3.9%)
10% less capital invested
Capital invested by funds: $57M → $51.5M (-$5.47M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$970K |
| 2 |
Morgan Stanley
New York
|
+$697K |
| 3 |
WGCA
Wolf Group Capital Advisors
Fairfax,
Virginia
|
+$571K |
| 4 |
LPL Financial
San Diego,
California
|
+$260K |
| 5 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$6.58M |
| 2 |
Jane Street
New York
|
-$2.02M |
| 3 |
ZIMP
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
|
-$557K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$366K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$199K |
RIGS Hedge Fund Activity: Q3 2024 in Review
40 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2024, worth a combined $51.5M — down 9.6% from $57M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RIGS positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $970K. The largest seller was Elevated Capital Advisors, cutting an estimated $6.58M.
- 40 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2024, up from 39 in Q2 2024.
- Funds reported $51.5M of ALPS Strategic Income Fund stock for Q3 2024, down 9.6% quarter-over-quarter.
- 6 funds opened new ALPS Strategic Income Fund positions in Q3 2024 and 4 closed out, a net change of +2 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2024 was Goldman Sachs, an estimated $970K added.
- The largest ALPS Strategic Income Fund seller in Q3 2024 was Elevated Capital Advisors, an estimated $6.58M sold.
Based on aggregated 13F filings for Q3 2024.