Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Alps ETF Tr (RIGS)

39 + Investors. Track Smart Money conviction in RIGS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
42%

Smart Money Signals — RIGS

Based on 39 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added RIGS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 85% of 3.0Y peak

85% of all-time peak
39 funds currently hold this stock — 85% of the 3.0-year high of 46 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
3 fewer hedge funds hold RIGS compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 42% buying

15 buying21 selling
Last quarter: 21 funds reduced or exited vs 15 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 4 → 2 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 28% medium ■ 10% new
24 out of 39 hedge funds have held RIGS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~6 new funds/quarter

4 → 3 → 4 → 2 → 6 new funds/Q
New funds entering each quarter: 3 → 4 → 2 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 21% newcomers

■ 64% veterans ■ 15% 1-2yr ■ 21% new
Entry-cohort mix of 39 holders: 25 (64%) are 2+ year veterans, 6 entered 1–2 years ago, and 8 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
8 of 39 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — RIGS

In 2026 Q1, 15 hedge funds were net buyers of RIGS (6 opened a new position, 9 added to an existing one), while 21 reduced or exited (17 trimmed, 4 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. 24% of total institutional value in RIGS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 39.

Hedge Fund Ownership: RIGS

How many hedge funds hold RIGS — quarterly history vs. share price
Quarterly hedge fund ownership of RIGS vs. share price

Market Analysis: RIGS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RIGS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Alps ETF Tr (RIGS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RIGS has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
RIGS
+0.1%
SPY
+15.9%

RIGS outperformed SPY by -15.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
RIGS
+1.0%
SPY
+2.0%

Since the filing became public, RIGS outperformed SPY by -1.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: RIGS
39 + Investors

Track Smart Money conviction in RIGS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 39 37 5.41%
13F Shares 2M 2M -8.11%
Total Value $40M $45M -12.0%
New Positions 6 2 +4
Increased Positions 9 9 -
Closed Positions 4 6 -2
Reduced Positions 17 17 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RIGS

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

39 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RIGS. Verified SEC 13F-HR filings.

QUARTER:
Top 25 RIGS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Meridian Financial Advisors, LLC 1.15% 92,260 $2.1M
2 Claris Financial LLC 0.31% 23,656 $551K
3 Laraway Financial Advisors Inc 0.23% 14,018 $320K
4 Elevated Capital Advisors, LLC 0.06% 10,713 $245K
5 Koshinski Asset Management, Inc. 0.05% 38,090 $871K
6 Prospera Financial Services Inc 0.05% 144,064 $3.3M
7 Alps Advisors Inc 0.05% 426,610 $9.8M
8 Opal Wealth Advisors, LLC 0.04% 7,995 $183K
9 Ausdal Financial Partners, Inc. 0.04% 38,336 $876K
10 RiverFront Investment Group, LLC 0.04% 107,273 $2.5M
11 American State Bank (Iowa) 0.04% 1,570 $39K
12 Savvy Advisors, Inc. 0.02% 39,700 $907K
13 Gts Securities LLC 0.02% 25,793 $590K
14 PFG Advisors 0.01% 12,337 $282K
15 Private Advisor Group, LLC 0.01% 74,789 $1.7M
16 Summit Financial, LLC 0.00% 16,133 $369K
17 Quest 10 Wealth Builders, Inc. 0.00% 166 $4K
18 Truist Financial Corp 0.00% 77,389 $1.8M
19 Sanctuary Advisors, LLC 0.00% 16,283 $372K
20 Baird Financial Group, Inc. 0.00% 50,365 $1.2M
21 GAMMA Investing LLC 0.00% 1,591 $36K
22 Kestra Advisory Services, LLC 0.00% 17,038 $389K
23 D.A. Davidson & CO. 0.00% 10,454 $239K
24 Geneos Wealth Management Inc. 0.00% 1,600 $37K
25 Cetera Investment Advisers 0.00% 33,748 $771K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Alps ETF Tr (RIGS)

What does the Smart Money Trend signal show for RIGS?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added RIGS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for RIGS?

More sellers than buyers — 42% buying: Last quarter: 21 funds reduced or exited vs 15 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for RIGS holders?

Strong quality — 24% AUM from major funds: 8 of 39 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held RIGS?

62% of holders stayed for 2+ years: 24 out of 39 hedge funds have held RIGS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Alps ETF Tr (RIGS) following the 2026 Q1 hedge fund 13F filings?

As of today, RIGS has moved +1.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -1.0%. Since the quarter end (March 31, 2026), RIGS has gained +0.1% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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