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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
HSPOR
301
DELISTED
Horizon Space Acquisition I Corp Right
HSPOR
$17.1K ﹤0.01%
214,357
-477
-0.2% -$46
NETDW
302
DELISTED
Nabors Energy Transition Corp II Warrant
NETDW
$17.1K ﹤0.01%
142,499
– –
GLLIR
303
DELISTED
Globalink Investment Inc. Rights
GLLIR
$17K ﹤0.01%
213,000
– –
HYAC.WS
304
DELISTED
Haymaker Acquisition Corp 4 Warrants
HYAC.WS
$17K ﹤0.01%
85,043
-366
-0.4% -$66
SDAWW
305
SunCar Technology Group Warrant
SDAWW
$17K ﹤0.01%
62,900
-103,700
-62% -$27K
BUJAR
306
DELISTED
Bukit Jalil Global Acquisition 1 Ltd. Rights
BUJAR
$16.9K ﹤0.01%
71,934
-3,066
-4% -$520
CNDA.WS
307
DELISTED
Concord Acquisition Corp II Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50
CNDA.WS
$16.8K ﹤0.01%
152,962
– –
SOAR.WS
308
DELISTED
Volato Group, Inc. Redeemable Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
SOAR.WS
$16.5K ﹤0.01%
109,998
– –
OPTXW icon
309
Syntec Optics Holdings Warrant
OPTXW
$22M
$16.3K ﹤0.01%
135,514
-10,600
-7% -$1.31K
EVE.WS
310
DELISTED
EVe Mobility Acquisition Corp Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
EVE.WS
$16.3K ﹤0.01%
125,000
– –
ABVEW
311
DELISTED
Above Food Ingredients Inc Warrants
ABVEW
$16.2K ﹤0.01%
231,610
-307
-0.1% -$11
GDSTR
312
DELISTED
Goldenstone Acquisition Limited Rights
GDSTR
$16.1K ﹤0.01%
185,000
– –
MCAFR
313
DELISTED
Mountain Crest Acquisition Corp. IV Rights
MCAFR
$16K ﹤0.01%
100,000
– –
DMYY.WS
314
DELISTED
dMY Squared Technology Group Warrants
DMYY.WS
$15K ﹤0.01%
99,999
– –
PEGRW
315
DELISTED
Project Energy Reimagined Acquisition Corp. Warrant
PEGRW
$15K ﹤0.01%
99,998
– –
LGVCW
316
DELISTED
LAMF Global Ventures Corp. I Warrant
LGVCW
$15K ﹤0.01%
149,999
– –
IXAQW
317
DELISTED
IX Acquisition Corp. Warrant
IXAQW
$14.7K ﹤0.01%
490,000
– –
USARW
318
DELISTED
USA Rare Earth Inc Warrant
USARW
$14.6K ﹤0.01%
104,199
-1,557
-1% -$194
UCFIW
319
CN Healthy Food Tech Group Warrant
UCFIW
$14K ﹤0.01%
+449,025
New +$14.7K
BRLSW icon
320
Borealis Foods Inc Warrant
BRLSW
$547K
$14K ﹤0.01%
100,000
– –
ISRLW
321
DELISTED
Israel Acquisitions Corp Warrant
ISRLW
$13.9K ﹤0.01%
199,036
-714
-0.4% -$55
CLRCR
322
DELISTED
ClimateRock Right
CLRCR
$13.5K ﹤0.01%
169,230
– –
HOLOW icon
323
MicroCloud Hologram Inc Warrant
HOLOW
$2.54M
$13.5K ﹤0.01%
149,600
– –
OAKUR
324
DELISTED
Oak Woods Acquisition Corp Right
OAKUR
$13.4K ﹤0.01%
66,934
-3,066
-4% -$442
ROCLW
325
DELISTED
Roth CH Acquisition V Co. Warrant
ROCLW
$13.4K ﹤0.01%
191,139
– –
11 12
13
14 15

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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.