We are live on ! Find out more
RCM

Rivernorth Capital Management Portfolio holdings

AUM $2B
1-Year Est. Return 0.79%
This Fund
S&P 500
This Quarter Est. Return
+2.06%
1 Year Est. Return
-0.79%
3 Year Est. Return
+4.8%
5 Year Est. Return
-8.69%
10 Year Est. Return
+11.73%
AUM
$1.67B
AUM Growth
-$17.3M
Cap. Flow
-$148M
Cap. Flow %
-8.89%
Top 10 Hldgs %
31.26%
Holding
591
New
236
Increased
60
Reduced
68
Closed
132

Top Buys

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$46.7M
2
MHD icon
BlackRock MuniHoldings Fund
MHD
+$14.7M
3
HIO
Western Asset High Income Opportunity Fund
HIO
+$10.6M
4
NAC icon
Nuveen California Quality Municipal Income Fund
NAC
+$8.71M
5
EIM
Eaton Vance Municipal Bond Fund
EIM
+$8.12M

Top Sells

Rank Stock Value
1
OBDC icon
Blue Owl Capital
OBDC
+$36.1M
2
NMCO icon
Nuveen Municipal Credit Opportunities Fund
NMCO
+$26.9M
3
BCSF icon
Bain Capital Specialty
BCSF
+$26.5M
4
EVV
Eaton Vance Limited Duration Income Fund
EVV
+$20.3M
5
NUM
Nuveen Michigan Quality Municipal Income Fund
NUM
+$16.9M

Sector Composition

Rank Sector Weight
1 Financials 8%
2 Healthcare 0.99%
3 Consumer Discretionary 0.78%
4 Technology 0.76%
5 Industrials 0.64%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CEV
226
Eaton Vance California Municipal Income Trust
CEV
$74.6M
$837K 0.05%
+63,193
New +$847K
CBH
227
DELISTED
Virtus Convertible & Income 2024 Target Term Fund
CBH
$835K 0.05%
80,632
+55,825
+225% +$564K
HYI
228
Western Asset High Yield Opportunity Fund Inc
HYI
$135M
$823K 0.05%
53,327
-22,215
-29% -$340K
CRZNU
229
DELISTED
Corazon Capital V838 Monoceros Corp Unit
CRZNU
$796K 0.05%
+80,016
New +$793K
SPTKU
230
DELISTED
SportsTek Acquisition Corp. Unit
SPTKU
$746K 0.04%
+75,000
New +$754K
RBAC
231
DELISTED
RedBall Acquisition Corp.
RBAC
$746K 0.04%
74,994
– –
ZNTE
232
DELISTED
Zanite Acquisition Corp. Class A Common Stock
ZNTE
$746K 0.04%
+74,998
New +$856K
CYXT
233
DELISTED
Cyxtera Technologies, Inc. Class A Common Stock
CYXT
$745K 0.04%
74,994
– –
ATA
234
DELISTED
Americas Technology Acquisition Corp.
ATA
$745K 0.04%
+74,998
New +$753K
OSTRU
235
DELISTED
Oyster Enterprises Acquisition Corp. Unit
OSTRU
$742K 0.04%
+75,000
New +$757K
NRACU
236
DELISTED
Northern Revival Acquisition Corporation Unit
NRACU
$742K 0.04%
+75,000
New +$761K
GIGGU
237
DELISTED
GigCapital4, Inc. Unit
GIGGU
$740K 0.04%
+75,000
New +$759K
HGAS
238
DELISTED
Global Gas Corporation Class A Common Stock
HGAS
$732K 0.04%
+74,998
New +$740K
SBII.U
239
DELISTED
Sandbridge X2 Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
SBII.U
$640K 0.04%
+64,056
New +$638K
MFM
240
Aberdeen Municipal Income Fund
MFM
$222M
$616K 0.04%
+90,384
New +$605K
IID
241
DELISTED
VOYA INTERNATIONAL HIGH DIVIDEND EQUITY INCOME FUND
IID
$598K 0.04%
107,144
-9,953
-8% -$52.4K
KSM
242
DELISTED
DWS Strategic Municipal Income Trust
KSM
$597K 0.04%
+50,430
New +$592K
BITE.U
243
DELISTED
Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant
BITE.U
$592K 0.04%
+60,000
New +$602K
ASAXU
244
DELISTED
Astrea Acquisition Corp. Unit
ASAXU
$591K 0.04%
+60,000
New +$605K
SBI
245
Western Asset Intermediate Muni Fund
SBI
$107M
$582K 0.03%
+62,662
New +$579K
NMZ icon
246
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.21B
$573K 0.03%
+39,733
New +$571K
IHD
247
Voya Emerging Markets High Income Dividend Equity Fund
IHD
$132M
$561K 0.03%
70,072
-23,225
-25% -$184K
JDD
248
DELISTED
Nuveen Diversified Dividend and Income Fund
JDD
$551K 0.03%
+58,108
New +$523K
SCD
249
LMP Capital and Income Fund
SCD
$360M
$545K 0.03%
+42,944
New +$524K
CIFR icon
250
Cipher Digital
CIFR
$7.14B
$542K 0.03%
50,000
– –
8 9
10
11 12

Similar funds

LGM
Logos Global Management San Francisco, California $2B AUM 444.09% 1-Year Est. Return
MYAM
Meiji Yasuda Asset Management Tokyo, Japan $2B AUM 22.52% 1-Year Est. Return
C
Consulta London, United Kingdom $2.01B AUM 16.82% 1-Year Est. Return
CAM
Cormorant Asset Management Boston, Massachusetts $1.99B AUM 737.95% 1-Year Est. Return
SC
Syon Capital San Francisco, California $1.99B AUM 22.67% 1-Year Est. Return
BGM
Burkehill Global Management New York $2.02B AUM 85.32% 1-Year Est. Return
RMCM
Reynders McVeigh Capital Management Boston, Massachusetts $1.98B AUM 23.37% 1-Year Est. Return
AF
Alerus Financial Grand Forks, North Dakota $2.02B AUM 26.03% 1-Year Est. Return

Rivernorth Capital Management's Q1 2021 Portfolio in Review

As of Q1 2021, Rivernorth Capital Management held 591 positions worth $1.67B, down 1% from $1.68B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management withdrew a net $148M in Q1 2021, closing 132 positions and reducing 68 holdings. Its most notable exit was Nuveen Municipal Credit Opportunities Fund, an estimated $26.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 8% of assets, down from 11% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Rivernorth Capital Management opened a new position in BlackRock MuniHoldings Fund worth $14.6M.

  • Rivernorth Capital Management's largest Q1 2021 buy was BlackRock MuniHoldings Fund: 911,692 shares worth $14.6M.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Quality Municipal Income Fund in Q1 2021, an estimated $46.7M increase.
  • Rivernorth Capital Management's biggest Q1 2021 reduction was Blue Owl Capital, cutting an estimated $36.1M.
  • Rivernorth Capital Management fully exited Nuveen Municipal Credit Opportunities Fund in Q1 2021, selling an estimated $26.9M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $1.67B portfolio in Q1 2021.
  • Rivernorth Capital Management opened 236 new positions and closed 132 in Q1 2021.
  • Rivernorth Capital Management's portfolio value fell 1% quarter-over-quarter to $1.67B.

Based on Rivernorth Capital Management's 13F filing for Q1 2021, filed 17 May 2021.