Rivernorth Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blue Owl Capital
OBDC
|
+$35.8M |
| 2 |
Nuveen Municipal Credit Opportunities Fund
NMCO
|
+$25.9M |
| 3 |
Invesco Senior Income Trust
VVR
|
+$19.6M |
| 4 |
Nuveen AMT-Free Quality Municipal Income Fund
NEA
|
+$17M |
| 5 |
BGB
Blackstone Strategic Credit 2027 Term Fund
BGB
|
+$16.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EHI
Western Asset Global High Income Fund
EHI
|
+$53.9M |
| 2 |
HIX
Western Asset High Income Fund II
HIX
|
+$28.4M |
| 3 |
HIO
Western Asset High Income Opportunity Fund
HIO
|
+$20.8M |
| 4 |
PHD
Pioneer Floating Rate Fund
PHD
|
+$15M |
| 5 |
BFZ
BlackRock CA Municipal Income Trust
BFZ
|
+$14.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 11.15% |
| 2 | Healthcare | 0.76% |
| 3 | Technology | 0.75% |
| 4 | Consumer Discretionary | 0.62% |
| 5 | Industrials | 0.54% |
Similar funds
Rivernorth Capital Management's Q4 2020 Portfolio in Review
As of Q4 2020, Rivernorth Capital Management held 496 positions worth $1.68B, up 4.3% from $1.62B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Rivernorth Capital Management withdrew a net $146M in Q4 2020, closing 141 positions and reducing 116 holdings. Its most notable exit was Western Asset Global High Income Fund, an estimated $53.9M position sold in full.
By sector, the portfolio is most concentrated in Financials at 11% of assets, up from 8.1% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Rivernorth Capital Management opened a new position in Blue Owl Capital worth $35.7M.
- Rivernorth Capital Management's largest Q4 2020 buy was Blue Owl Capital: 2,823,663 shares worth $35.7M.
- Rivernorth Capital Management added most to Invesco Senior Income Trust in Q4 2020, an estimated $19.6M increase.
- Rivernorth Capital Management's biggest Q4 2020 reduction was Western Asset High Income Opportunity Fund, cutting an estimated $20.8M.
- Rivernorth Capital Management fully exited Western Asset Global High Income Fund in Q4 2020, selling an estimated $53.9M.
- Rivernorth Capital Management's ten largest holdings make up 29% of its $1.68B portfolio in Q4 2020.
- Rivernorth Capital Management opened 162 new positions and closed 141 in Q4 2020.
- Rivernorth Capital Management's portfolio value rose 4.3% quarter-over-quarter to $1.68B.
Based on Rivernorth Capital Management's 13F filing for Q4 2020, filed 16 Feb 2021.