ALPS Strategic Income Fund
RIGS
49 hedge funds and large institutions have $46M invested in ALPS Strategic Income Fund in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
23% more funds holding
Funds holding: 40 → 49 (+9)
0.94% more ownership
Funds ownership: 56.3% → 57.24% (+0.94%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
11% less capital invested
Capital invested by funds: $51.5M → $46M (-$5.47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAI
Savvy Advisors Inc
New York
|
+$1.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.12M |
| 3 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$309K |
| 4 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
+$247K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$5.91M |
| 2 |
CAC
Certified Advisory Corp
Altamonte Springs,
Florida
|
-$2.36M |
| 3 |
Goldman Sachs
New York
|
-$982K |
| 4 |
Morgan Stanley
New York
|
-$425K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$158K |
RIGS Hedge Fund Activity: Q4 2024 in Review
49 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2024, worth a combined $46M — down 11% from $51.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RIGS positions and 3 closed out — a net gain of 10 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Savvy Advisors Inc, opening a new position worth an estimated $1.8M. The largest seller was Elevated Capital Advisors, cutting an estimated $5.91M.
- 49 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2024, up from 40 in Q3 2024.
- Funds reported $46M of ALPS Strategic Income Fund stock for Q4 2024, down 11% quarter-over-quarter.
- 13 funds opened new ALPS Strategic Income Fund positions in Q4 2024 and 3 closed out, a net change of +10 holders.
- The largest ALPS Strategic Income Fund buyer in Q4 2024 was Savvy Advisors Inc, an estimated $1.8M added.
- The largest ALPS Strategic Income Fund seller in Q4 2024 was Elevated Capital Advisors, an estimated $5.91M sold.
Based on aggregated 13F filings for Q4 2024.