Rivernorth Capital Management’s Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant BYN.U Stock Holding History

Rivernorth Capital Management’s Portfolio BYN.U Stock Details BYN.U Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-250,000	Closed	-$2.6M	–	644
2023 Q1	$2.6M	Hold	250,000	–	–	0.13%	150
2022 Q4	$2.77M	Hold	250,000	–	–	0.12%	152
2022 Q3	$2.5M	Hold	250,000	–	–	0.11%	193
2022 Q2	$2.52M	Hold	250,000	–	–	0.1%	176
2022 Q1	$2.5M	Buy	+250,000	New	+$2.5M	0.09%	189

Other funds holding BYN.U

Clear Street New York $24.6B AUM 56.25% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Rivernorth Capital Management's BYN.U Position: Q2 2023 in Review

Rivernorth Capital Management sold out of Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant (BYN.U) in Q2 2023, closing a stake of 250,000 shares — an estimated $2.6M sold.

Rivernorth Capital Management first reported a position in BYN.U in Q1 2022 and held it in 5 quarters. The position peaked at $2.77M in Q4 2022. 2 funds tracked by Wall St. Rank hold BYN.U as of Q2 2023.

Rivernorth Capital Management reported no remaining Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant position as of Q2 2023 after selling out during the quarter.
Rivernorth Capital Management sold 250,000 Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant shares in Q2 2023, an estimated $2.6M.
Rivernorth Capital Management first reported a position in Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant in Q1 2022 and held it in 5 quarters.
Rivernorth Capital Management's Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant position peaked at $2.77M in Q4 2022.
2 funds tracked by Wall St. Rank held Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant as of Q2 2023.

Based on Rivernorth Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.