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
TBMCR
326
DELISTED
Trailblazer Merger Corporation I Rights
TBMCR
$29.5K ﹤0.01%
164,022
– –
MCAFR
327
DELISTED
Mountain Crest Acquisition Corp. IV Rights
MCAFR
$29K ﹤0.01%
100,000
– –
DISTR
328
DELISTED
Distoken Acquisition Corporation Right
DISTR
$28.3K ﹤0.01%
149,049
– –
ISRLW
329
DELISTED
Israel Acquisitions Corp Warrant
ISRLW
$27.5K ﹤0.01%
199,750
– –
MSSAR
330
DELISTED
Metal Sky Star Acquisition Corporation Right
MSSAR
$27K ﹤0.01%
200,000
– –
GDSTR
331
DELISTED
Goldenstone Acquisition Limited Rights
GDSTR
$26.6K ﹤0.01%
185,000
– –
MPRAW
332
DELISTED
Mercato Partners Acquisition Corporation Warrant
MPRAW
$26.3K ﹤0.01%
124,999
– –
NETDW
333
DELISTED
Nabors Energy Transition Corp II Warrant
NETDW
$25.6K ﹤0.01%
+142,499
New +$28.7K
BTMWW
334
DELISTED
Bitcoin Depot Inc Warrant
BTMWW
$25.6K ﹤0.01%
134,976
-190,000
-58% -$40.3K
FGMCW
335
DELISTED
FG Merger Corp. Warrant
FGMCW
$25.3K ﹤0.01%
253,488
-121,509
-32% -$11.6K
DMYY.WS
336
DELISTED
dMY Squared Technology Group Warrants
DMYY.WS
$25K ﹤0.01%
99,999
– –
ASCAR
337
DELISTED
A SPAC I Acquisition Corp. Right
ASCAR
$25K ﹤0.01%
191,996
– –
PNST.WS
338
DELISTED
Pinstripes Holdings, Inc. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
PNST.WS
$22.7K ﹤0.01%
125,000
– –
BENFW icon
339
Beneficient Warrant
BENFW
$155K
$22.5K ﹤0.01%
562,494
– –
DFLIW icon
340
Dragonfly Energy Holdings Warrant
DFLIW
$32.4K
$22.5K ﹤0.01%
187,500
– –
RCACW
341
DELISTED
Revelstone Capital Acquisition Corp. Warrant
RCACW
$22.5K ﹤0.01%
375,000
– –
SDAWW
342
SunCar Technology Group Warrant
SDAWW
$21.8K ﹤0.01%
167,600
-2,400
-1% -$808
SEPAW
343
DELISTED
SEP Acquisition Corp Warrants
SEPAW
$20.6K ﹤0.01%
218,750
– –
CFIVW
344
DELISTED
CF Acquisition Corp. IV Warrant
CFIVW
$20.4K ﹤0.01%
408,241
-30,000
-7% -$2.35K
AIBBR
345
DELISTED
AIB Acquisition Corp Right
AIBBR
$20K ﹤0.01%
200,000
– –
GLLIR
346
DELISTED
Globalink Investment Inc. Rights
GLLIR
$19.2K ﹤0.01%
213,000
– –
MSPRZ
347
DELISTED
MSP Recovery Inc Warrant
MSPRZ
$19K ﹤0.01%
118,881
– –
BREZW
348
DELISTED
Breeze Holdings Acquisition Corp. Warrant
BREZW
$19K ﹤0.01%
100,000
– –
KITTW icon
349
Nauticus Robotics Warrant
KITTW
$194K
$18.8K ﹤0.01%
85,300
– –
ABLLW
350
DELISTED
Abacus Life Warrant
ABLLW
$18.1K ﹤0.01%
47,638
-2,361
-5% -$760
12 13
14
15 16

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.