ALPS Strategic Income Fund
RIGS
44 hedge funds and large institutions have $47M invested in ALPS Strategic Income Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 6 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
2% more capital invested
Capital invested by funds: $46M → $47M (+$968K)
2.85% less ownership
Funds ownership: 57.24% → 54.38% (-2.9%)
10% less funds holding
Funds holding: 49 → 44 (-5)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.45M |
| 2 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$433K |
| 3 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$404K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$397K |
| 5 |
LPL Financial
San Diego,
California
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$2.55M |
| 2 |
WGCA
Wolf Group Capital Advisors
Fairfax,
Virginia
|
-$559K |
| 3 |
EH
Equitable Holdings
New York
|
-$403K |
| 4 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
-$248K |
| 5 |
CAC
Certified Advisory Corp
Altamonte Springs,
Florida
|
-$225K |
RIGS Hedge Fund Activity: Q1 2025 in Review
44 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q1 2025, worth a combined $47M — up 2.1% from $46M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RIGS and 3 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 19 added.
The largest buyer was Morgan Stanley, adding an estimated $4.45M. The largest seller was RiverFront Investment Group, cutting an estimated $2.55M.
- 44 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q1 2025, down from 49 in Q4 2024.
- Funds reported $47M of ALPS Strategic Income Fund stock for Q1 2025, up 2.1% quarter-over-quarter.
- 3 funds opened new ALPS Strategic Income Fund positions in Q1 2025 and 6 closed out, a net change of -3 holders.
- The largest ALPS Strategic Income Fund buyer in Q1 2025 was Morgan Stanley, an estimated $4.45M added.
- The largest ALPS Strategic Income Fund seller in Q1 2025 was RiverFront Investment Group, an estimated $2.55M sold.
Based on aggregated 13F filings for Q1 2025.