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RCM

Rivernorth Capital Management Portfolio holdings

AUM $2B
1-Year Est. Return 0.79%
This Fund
S&P 500
This Quarter Est. Return
+3.64%
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
-$18.8M
Cap. Flow
-$76.2M
Cap. Flow %
-3.68%
Top 10 Hldgs %
30.81%
Holding
522
New
33
Increased
41
Reduced
115
Closed
59

Top Buys

Rank Stock Value
1
CLM icon
Cornerstone Strategic Value Fund
CLM
+$15.6M
2
BSTZ icon
BlackRock Science and Technology Term Trust
BSTZ
+$9.29M
3
LEGT.U
Legato Merger Corp III Units
LEGT.U
+$8.06M
4
EAD
Allspring Income Opportunities Fund
EAD
+$7.05M
5
BCX icon
BlackRock Resources & Commodities Strategy Trust
BCX
+$5.41M

Top Sells

Rank Stock Value
1
JPC icon
Nuveen Preferred & Income Opportunities Fund
JPC
+$18.2M
2
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$14.2M
3
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$12.5M
4
GHIX
Gores Holdings IX, Inc. Class A Common Stock
GHIX
+$12.5M
5
PAXS
PIMCO Access Income Fund
PAXS
+$8.7M

Sector Composition

Rank Sector Weight
1 Financials 9.07%
2 Technology 0.91%
3 Healthcare 0.64%
4 Industrials 0.4%
5 Materials 0.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GHIXW
251
DELISTED
Gores Holdings IX, Inc. Warrant
GHIXW
$87.9K ﹤0.01%
251,166
-675
-0.3% -$150
NKGNW
252
DELISTED
NKGen Biotech, Inc. Warrants
NKGNW
$78.3K ﹤0.01%
652,432
-231
-0% -$26
KDKRW
253
Kodiak AI Warrants
KDKRW
$69.9K ﹤0.01%
367,930
-1,551
-0.4% -$298
AQUNR
254
DELISTED
Aquaron Acquisition Corp. Rights
AQUNR
$69.8K ﹤0.01%
400,000
– –
BRACR
255
DELISTED
Broad Capital Acquisition Corp Rights
BRACR
$66.8K ﹤0.01%
350,000
– –
TENKR
256
DELISTED
TenX Keane Acquisition Right
TENKR
$64K ﹤0.01%
350,000
– –
AACIW
257
DELISTED
Armada Acquisition Corp. I Warrant
AACIW
$63K ﹤0.01%
742,500
– –
RWODR
258
DELISTED
Redwoods Acquisition Corp. Rights
RWODR
$60.5K ﹤0.01%
275,000
– –
CLBR.WS
259
DELISTED
Colombier Acquisition Corp. II Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
CLBR.WS
$59.3K ﹤0.01%
+128,841
New +$56K
KCGI.WS
260
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
$59K ﹤0.01%
983,707
– –
BWAQR
261
DELISTED
Blue World Acquisition Corporation Right
BWAQR
$58K ﹤0.01%
200,000
– –
BYNOW
262
DELISTED
byNordic Acquisition Corporation Warrant
BYNOW
$53.5K ﹤0.01%
742,500
– –
EUDAW icon
263
EUDA Health Holdings Warrant
EUDAW
$205K
$47.3K ﹤0.01%
175,000
– –
FUFUW icon
264
BitFuFu Inc Warrant
FUFUW
$47.1K ﹤0.01%
+123,950
New +$46.9K
HCVIW
265
DELISTED
Hennessy Capital Investment Corp. VI Warrant
HCVIW
$45.6K ﹤0.01%
456,085
-543
-0.1% -$52
NOVVR
266
DELISTED
Nova Vision Acquisition Corp. Rights
NOVVR
$44.2K ﹤0.01%
165,000
– –
YOTAR
267
DELISTED
Yotta Acquisition Corporation Right
YOTAR
$42.5K ﹤0.01%
425,000
– –
SLND.WS icon
268
Southland Holdings Warrants
SLND.WS
$1.48M
$42.4K ﹤0.01%
96,366
-40,100
-29% -$15.5K
MARXR
269
DELISTED
Mars Acquisition Corp. Rights
MARXR
$41.6K ﹤0.01%
198,053
-1,443
-0.7% -$282
NVACR
270
DELISTED
NorthView Acquisition Corporation Rights
NVACR
$37.5K ﹤0.01%
250,000
– –
SEPAW
271
DELISTED
SEP Acquisition Corp Warrants
SEPAW
$37.2K ﹤0.01%
218,750
– –
CLOER
272
DELISTED
Clover Leaf Capital Corp. Rights
CLOER
$36.9K ﹤0.01%
300,000
– –
BNIXR
273
DELISTED
Bannix Acquisition Corp. Right
BNIXR
$36.8K ﹤0.01%
175,000
– –
ASCAR
274
DELISTED
A SPAC I Acquisition Corp. Right
ASCAR
$36.5K ﹤0.01%
191,996
– –
BLACR
275
DELISTED
Bellevue Life Sciences Acquisition Corp. Rights
BLACR
$35K ﹤0.01%
250,000
– –
9 10
11
12 13

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Rivernorth Capital Management's Q1 2024 Portfolio in Review

As of Q1 2024, Rivernorth Capital Management held 522 positions worth $2.07B, down 0.9% from $2.09B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management withdrew a net $76.2M in Q1 2024, closing 59 positions and reducing 115 holdings. Its most notable exit was Gores Holdings IX, Inc. Class A Common Stock, an estimated $12.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 9.1% of assets, down from 10% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Rivernorth Capital Management opened a new position in Legato Merger Corp III Units worth $8.1M.

  • Rivernorth Capital Management's largest Q1 2024 buy was Legato Merger Corp III Units: 798,972 shares worth $8.1M.
  • Rivernorth Capital Management added most to Cornerstone Strategic Value Fund in Q1 2024, an estimated $15.6M increase.
  • Rivernorth Capital Management's biggest Q1 2024 reduction was Nuveen Preferred & Income Opportunities Fund, cutting an estimated $18.2M.
  • Rivernorth Capital Management fully exited Gores Holdings IX, Inc. Class A Common Stock in Q1 2024, selling an estimated $12.5M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $2.07B portfolio in Q1 2024.
  • Rivernorth Capital Management opened 33 new positions and closed 59 in Q1 2024.
  • Rivernorth Capital Management's portfolio value fell 0.9% quarter-over-quarter to $2.07B.

Based on Rivernorth Capital Management's 13F filing for Q1 2024, filed 15 May 2024.