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
+9.45%
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
$2.09B
AUM Growth
+$159M
Cap. Flow
-$8M
Cap. Flow %
-0.38%
Top 10 Hldgs %
31.09%
Holding
587
New
43
Increased
68
Reduced
80
Closed
98

Top Buys

Rank Stock Value
1
JPC icon
Nuveen Preferred & Income Opportunities Fund
JPC
+$50.4M
2
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$21.8M
3
MYD
BlackRock MuniYield Fund
MYD
+$19.7M
4
NUV icon
Nuveen Municipal Value Fund
NUV
+$13.2M
5
BSTZ icon
BlackRock Science and Technology Term Trust
BSTZ
+$12.5M

Top Sells

Rank Stock Value
1
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$42M
2
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$28.5M
3
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$23.2M
4
ZTR
Virtus Total Return Fund
ZTR
+$18M
5
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$17.3M

Sector Composition

Rank Sector Weight
1 Financials 10.43%
2 Technology 0.93%
3 Healthcare 0.8%
4 Industrials 0.53%
5 Consumer Discretionary 0.28%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KVAC
226
DELISTED
Keen Vision Acquisition Corp
KVAC
$517K 0.02%
+50,000
New +$514K
TRIS
227
DELISTED
Tristar Acquisition I Corp.
TRIS
$505K 0.02%
46,770
-53,778
-53% -$579K
ZCAR
228
DELISTED
Zoomcar
ZCAR
$481K 0.02%
21
-84
-80% -$1.65M
FSD
229
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
$463K 0.02%
+38,295
New +$421K
MCAA
230
DELISTED
Mountain & Co. I Acquisition Corp. Class A Ordinary Shares
MCAA
$452K 0.02%
40,000
– –
EVV
231
Eaton Vance Limited Duration Income Fund
EVV
$1.07B
$451K 0.02%
47,056
-182,597
-80% -$1.66M
PFO
232
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$119M
$402K 0.02%
+50,520
New +$379K
EAD
233
Allspring Income Opportunities Fund
EAD
$381M
$347K 0.02%
+53,284
New +$328K
HTY
234
DELISTED
JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND
HTY
$334K 0.02%
+65,409
New +$291K
JHI
235
John Hancock Investors Trust
JHI
$118M
$315K 0.02%
24,345
+800
+3% +$9.9K
AITRU
236
DELISTED
AI Transportation Acquisition Corp Unit
AITRU
$306K 0.01%
+30,000
New +$306K
DHF
237
BNY Mellon High Yield Strategies Fund
DHF
$175M
$282K 0.01%
123,331
+51,822
+72% +$114K
NXN
238
DELISTED
Nuveen New York Tax-Free Income Portfolio
NXN
$245K 0.01%
20,890
– –
CVIIW
239
DELISTED
Churchill Capital Corp VII Warrants
CVIIW
$237K 0.01%
1,480,367
– –
NIM icon
240
Nuveen Select Maturities Municipal Fund
NIM
$115M
$218K 0.01%
24,737
+130
+0.5% +$1.13K
ALCY
241
DELISTED
Alchemy Investments Acquisition Corp 1
ALCY
$193K 0.01%
18,482
-106,234
-85% -$1.1M
VGAS icon
242
Verde Clean Fuels
VGAS
$28.4M
$177K 0.01%
+75,000
New +$231K
PMX
243
DELISTED
PIMCO Municipal Income Fund III
PMX
$167K 0.01%
22,591
-1,164,077
-98% -$8.06M
DMB
244
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$195M
$150K 0.01%
14,536
-200
-1% -$1.96K
FGB
245
DELISTED
First Trust Specialty Finance and Financial Opportunities Fund
FGB
$137K 0.01%
+38,168
New +$125K
MFD
246
DELISTED
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
MFD
$109K 0.01%
+13,872
New +$101K
KCGI.WS
247
DELISTED
Kensington Capital Acquisition Corp. V Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
KCGI.WS
$98.4K ﹤0.01%
983,707
– –
BYNOW
248
DELISTED
byNordic Acquisition Corporation Warrant
BYNOW
$89.1K ﹤0.01%
742,500
– –
PETWW
249
DELISTED
Wag! Group Co Warrant
PETWW
$86.5K ﹤0.01%
600,000
– –
AQUNR
250
DELISTED
Aquaron Acquisition Corp. Rights
AQUNR
$72K ﹤0.01%
400,000
– –
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 Q4 2023 Portfolio in Review

As of Q4 2023, Rivernorth Capital Management held 587 positions worth $2.09B, up 8.3% from $1.93B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management's Q4 2023 filing shows 43 new, 68 increased, 80 reduced and 98 closed positions. Its largest new stake was BlackRock Science and Technology Term Trust: 770,783 shares worth $12.9M. The largest sale was Nuveen Preferred & Income Securities Fund, an estimated $42M.

By sector, the portfolio is most concentrated in Financials at 10% of assets, down from 12% a quarter earlier, followed by Technology and Healthcare.

  • Rivernorth Capital Management's largest Q4 2023 buy was BlackRock Science and Technology Term Trust: 770,783 shares worth $12.9M.
  • Rivernorth Capital Management added most to Nuveen Preferred & Income Opportunities Fund in Q4 2023, an estimated $50.4M increase.
  • Rivernorth Capital Management's biggest Q4 2023 reduction was Nuveen AMT-Free Quality Municipal Income Fund, cutting an estimated $28.5M.
  • Rivernorth Capital Management fully exited Nuveen Preferred & Income Securities Fund in Q4 2023, selling an estimated $42M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $2.09B portfolio in Q4 2023.
  • Rivernorth Capital Management opened 43 new positions and closed 98 in Q4 2023.
  • Rivernorth Capital Management's portfolio value rose 8.3% quarter-over-quarter to $2.09B.

Based on Rivernorth Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.