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
-6.48%
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
$1.93B
AUM Growth
-$73.9M
Cap. Flow
+$61.5M
Cap. Flow %
3.19%
Top 10 Hldgs %
31.01%
Holding
632
New
48
Increased
91
Reduced
80
Closed
87

Top Buys

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$34.7M
2
MHD icon
BlackRock MuniHoldings Fund
MHD
+$19.3M
3
BLE
BlackRock Municipal Income Trust II
BLE
+$14M
4
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$13.2M
5
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$13M

Top Sells

Rank Stock Value
1
BBDC icon
Barings BDC
BBDC
+$26.1M
2
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$16.6M
3
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$15.9M
4
PDO
PIMCO Dynamic Income Opportunities Fund
PDO
+$15.8M
5
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$13.3M

Sector Composition

Rank Sector Weight
1 Financials 12.36%
2 Healthcare 1.47%
3 Technology 1.18%
4 Industrials 1.07%
5 Consumer Discretionary 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KVACU
251
DELISTED
Keen Vision Acquisition Corp Units
KVACU
$512K 0.03%
+50,000
New +$508K
VPV icon
252
Invesco Pennsylvania Value Municipal Income Trust
VPV
$201M
$464K 0.02%
51,867
-20,641
-28% -$198K
CVIIW
253
DELISTED
Churchill Capital Corp VII Warrants
CVIIW
$459K 0.02%
1,480,367
+35,500
+2% +$8.68K
MCAA
254
DELISTED
Mountain & Co. I Acquisition Corp. Class A Ordinary Shares
MCAA
$447K 0.02%
40,000
– –
HIE
255
DELISTED
Miller/Howard High Income Equity Fund
HIE
$442K 0.02%
+44,552
New +$451K
JQC icon
256
Nuveen Credit Strategies Income Fund
JQC
$717M
$412K 0.02%
81,440
-1,833,670
-96% -$9.31M
LCA
257
DELISTED
Landcadia Holdings IV, Inc. Class A Common Stock
LCA
$350K 0.02%
33,592
– –
COCH icon
258
Envoy Medical
COCH
$59.4M
$297K 0.02%
52,647
– –
JHI
259
John Hancock Investors Trust
JHI
$118M
$286K 0.01%
+23,545
New +$299K
SCRMW
260
DELISTED
Screaming Eagle Acquisition Corp. Warrant
SCRMW
$280K 0.01%
1,647,883
– –
NNAGU
261
DELISTED
99 Acquisition Group Inc Unit
NNAGU
$259K 0.01%
+25,000
New +$257K
NKGNW
262
DELISTED
NKGen Biotech, Inc. Warrants
NKGNW
$255K 0.01%
652,663
– –
NXN
263
DELISTED
Nuveen New York Tax-Free Income Portfolio
NXN
$241K 0.01%
20,890
– –
CCV.WS
264
DELISTED
Churchill Capital Corp V Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share
CCV.WS
$232K 0.01%
1,219,885
+30,387
+3% +$6.11K
SLAM
265
DELISTED
Slam Corp. Class A Ordinary Share
SLAM
$210K 0.01%
19,500
– –
NIM icon
266
Nuveen Select Maturities Municipal Fund
NIM
$115M
$208K 0.01%
24,607
+13,171
+115% +$117K
NAN icon
267
Nuveen New York Quality Municipal Income Fund
NAN
$371M
$202K 0.01%
20,913
– –
VCV icon
268
Invesco California Value Municipal Income Trust
VCV
$527M
$188K 0.01%
+22,266
New +$208K
AFRIW icon
269
Forafric Global PLC Warrants
AFRIW
$11M
$180K 0.01%
150,000
– –
QTI
270
QT Imaging Holdings
QTI
$39.8M
$165K 0.01%
15,288
-46,289
-75% -$499K
DHF
271
BNY Mellon High Yield Strategies Fund
DHF
$175M
$153K 0.01%
71,509
-116,638
-62% -$258K
DMB
272
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$195M
$146K 0.01%
14,736
-46,794
-76% -$503K
PRPC.WS
273
DELISTED
CC Neuberger Principal Holdings III Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
PRPC.WS
$128K 0.01%
674,226
+17,000
+3% +$3.21K
CCVI.WS
274
DELISTED
Churchill Capital Corp VI Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share
CCVI.WS
$128K 0.01%
912,140
+68,933
+8% +$12.5K
KCGI.WS
275
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
$118K 0.01%
983,707
– –
9 10
11
12 13

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 Q3 2023 Portfolio in Review

As of Q3 2023, Rivernorth Capital Management held 632 positions worth $1.93B, down 3.7% from $2B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management deployed $61.5M of net new capital in Q3 2023, opening 48 new positions and adding to 91 existing holdings. Its largest new stake was Nuveen Preferred & Income Opportunities Fund: 1,684,591 shares worth $10.7M.

By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 13% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was Barings BDC, an estimated $26.1M trimmed.

  • Rivernorth Capital Management's largest Q3 2023 buy was Nuveen Preferred & Income Opportunities Fund: 1,684,591 shares worth $10.7M.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Quality Municipal Income Fund in Q3 2023, an estimated $34.7M increase.
  • Rivernorth Capital Management's biggest Q3 2023 reduction was Barings BDC, cutting an estimated $26.1M.
  • Rivernorth Capital Management fully exited BlackRock Corporate High Yield Fund in Q3 2023, selling an estimated $9.1M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $1.93B portfolio in Q3 2023.
  • Rivernorth Capital Management opened 48 new positions and closed 87 in Q3 2023.
  • Rivernorth Capital Management's portfolio value fell 3.7% quarter-over-quarter to $1.93B.

Based on Rivernorth Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.