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
+1.99%
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
$2.07B
AUM Growth
-$154M
Cap. Flow
-$183M
Cap. Flow %
-8.88%
Top 10 Hldgs %
28.76%
Holding
850
New
133
Increased
85
Reduced
77
Closed
212

Top Buys

Rank Stock Value
1
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$25.5M
2
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$19.8M
3
PDI icon
PIMCO Dynamic Income Fund
PDI
+$17.5M
4
PHK
PIMCO High Income Fund
PHK
+$13M
5
WIW
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
+$11.9M

Top Sells

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$29.7M
2
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$18.2M
3
PDO
PIMCO Dynamic Income Opportunities Fund
PDO
+$14.6M
4
PEPL
PepperLime Health Acquisition Corporation Class A Ordinary Share
PEPL
+$13.1M
5
JWSM
Jaws Mustang Acquisition Corp.
JWSM
+$12.4M

Sector Composition

Rank Sector Weight
1 Financials 17.27%
2 Industrials 1.55%
3 Technology 1.3%
4 Healthcare 0.84%
5 Consumer Discretionary 0.52%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PPYA
226
DELISTED
Papaya Growth Opportunity Corp. I Class A Common Stock
PPYA
$1.55M 0.08%
+149,115
New +$1.54M
TRIS
227
DELISTED
Tristar Acquisition I Corp.
TRIS
$1.55M 0.08%
149,998
– –
RJAC.U
228
DELISTED
Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
RJAC.U
$1.54M 0.07%
150,000
– –
EOCW
229
DELISTED
Elliott Opportunity II Corp.
EOCW
$1.54M 0.07%
149,996
– –
GFGD
230
DELISTED
The Growth for Good Acquisition Corporation Class A Ordinary Shares
GFGD
$1.53M 0.07%
+149,998
New +$1.52M
CYCU
231
Cycurion Inc
CYCU
$6.75M
$1.53M 0.07%
+5,040
New +$1.55M
TMTCU
232
DELISTED
TMT Acquisition Corp Unit
TMTCU
$1.53M 0.07%
+150,000
New +$1.53M
FTII
233
DELISTED
FutureTech II Acquisition Corp. Class A Common Stock
FTII
$1.52M 0.07%
+145,000
New +$1.5M
NBH
234
Neuberger Municipal Fund Inc
NBH
$302M
$1.51M 0.07%
+137,888
New +$1.5M
FAAS
235
DELISTED
DigiAsia
FAAS
$1.49M 0.07%
+140,957
New +$1.47M
IVCPU
236
DELISTED
Swiftmerge Acquisition Corp. Unit
IVCPU
$1.48M 0.07%
150,000
– –
ACAC
237
DELISTED
Acri Capital Acquisition Corp
ACAC
$1.43M 0.07%
+136,800
New +$1.42M
KVSC
238
DELISTED
Khosla Ventures Acquisition Co. III Class A Common Stock
KVSC
$1.42M 0.07%
140,379
– –
DIST
239
DELISTED
Distoken Acquisition Corp
DIST
$1.41M 0.07%
+138,811
New +$1.41M
MNTN
240
DELISTED
Everest Consolidator Acquisition Corporation
MNTN
$1.41M 0.07%
134,998
+25,000
+23% +$259K
OKLO
241
Oklo
OKLO
$8.74B
$1.39M 0.07%
137,000
– –
PZC
242
DELISTED
PIMCO California Municipal Income Fund III
PZC
$1.38M 0.07%
+178,234
New +$1.4M
EVN
243
Eaton Vance Municipal Income Trust
EVN
$429M
$1.33M 0.06%
131,627
-12,035
-8% -$124K
CBH
244
DELISTED
Virtus Convertible & Income 2024 Target Term Fund
CBH
$1.31M 0.06%
152,317
+164
+0.1% +$1.45K
FNVT
245
DELISTED
Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
$1.3M 0.06%
124,995
– –
ARIZ
246
DELISTED
Arisz Acquisition Corp. Common Stock
ARIZ
$1.29M 0.06%
125,000
– –
PXH icon
247
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.97B
$1.26M 0.06%
68,427
+30,474
+80% +$563K
BRIV
248
DELISTED
B. Riley Principal 250 Merger Corp. Class A common stock
BRIV
$1.24M 0.06%
+122,329
New +$1.23M
FRA icon
249
BlackRock Floating Rate Income Strategies Fund
FRA
$391M
$1.23M 0.06%
105,151
-29,210
-22% -$342K
AIRJ
250
Montana Technologies Corp
AIRJ
$463M
$1.23M 0.06%
119,600
+100,000
+510% +$1.02M
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 2023 Portfolio in Review

As of Q1 2023, Rivernorth Capital Management held 850 positions worth $2.07B, down 7% from $2.22B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Rivernorth Capital Management withdrew a net $183M in Q1 2023, closing 212 positions and reducing 77 holdings. Its most notable exit was Jaws Mustang Acquisition Corp., an estimated $12.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.

Against the trend, Rivernorth Capital Management opened a new position in PIMCO Income Strategy Fund II worth $7.72M.

  • Rivernorth Capital Management's largest Q1 2023 buy was PIMCO Income Strategy Fund II: 1,077,061 shares worth $7.72M.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Municipal Credit Income Fund in Q1 2023, an estimated $25.5M increase.
  • Rivernorth Capital Management's biggest Q1 2023 reduction was Nuveen AMT-Free Quality Municipal Income Fund, cutting an estimated $29.7M.
  • Rivernorth Capital Management fully exited Jaws Mustang Acquisition Corp. in Q1 2023, selling an estimated $12.4M.
  • Rivernorth Capital Management's ten largest holdings make up 29% of its $2.07B portfolio in Q1 2023.
  • Rivernorth Capital Management opened 133 new positions and closed 212 in Q1 2023.
  • Rivernorth Capital Management's portfolio value fell 7% quarter-over-quarter to $2.07B.

Based on Rivernorth Capital Management's 13F filing for Q1 2023, filed 15 May 2023.