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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
ABLVW icon
326
Able View Global Warrant
ABLVW
$12.3K ﹤0.01%
250,000
– –
CDTTW
327
CDT Equity Inc Warrant
CDTTW
$12K ﹤0.01%
200,000
– –
MSSAR
328
DELISTED
Metal Sky Star Acquisition Corporation Right
MSSAR
$12K ﹤0.01%
200,000
– –
ASCBR
329
DELISTED
A SPAC II Acquisition Corp. Right
ASCBR
$12K ﹤0.01%
199,998
– –
KACLR
330
DELISTED
Kairous Acquisition Corp. Limited Rights
KACLR
$11.9K ﹤0.01%
148,636
– –
AILEW
331
DELISTED
iLearningEngines, Inc. Warrant
AILEW
$11.9K ﹤0.01%
65,898
– –
DISTR
332
DELISTED
Distoken Acquisition Corporation Right
DISTR
$11.8K ﹤0.01%
147,684
-1,365
-0.9% -$141
ALCYW
333
DELISTED
Alchemy Investments Acquisition Corp 1 Warrants
ALCYW
$11.8K ﹤0.01%
61,935
-423
-0.7% -$76
ESHAR
334
DELISTED
ESH Acquisition Corp Right
ESHAR
$11.8K ﹤0.01%
146,934
-3,066
-2% -$350
TBMCR
335
DELISTED
Trailblazer Merger Corporation I Rights
TBMCR
$11.3K ﹤0.01%
161,088
-2,934
-2% -$297
CSLMW
336
DELISTED
CSLM Acquisition Corp. Warrant
CSLMW
$10.5K ﹤0.01%
87,500
– –
KYCHW
337
DELISTED
Keyarch Acquisition Corporation Warrant
KYCHW
$10.4K ﹤0.01%
200,000
– –
VHAQ.RT
338
DELISTED
Viveon Health Acquisition Corp. Rights, each exchangeable into one-twentieth of a share of Common Stock
VHAQ.RT
$10.3K ﹤0.01%
171,595
– –
ALSAR
339
DELISTED
Alpha Star Acquisition Corp Rights
ALSAR
$9.88K ﹤0.01%
98,841
– –
COOLW
340
DELISTED
Corner Growth Acquisition Corp. Warrant
COOLW
$9.81K ﹤0.01%
65,388
– –
DHAIW
341
DELISTED
DIH Holding US Inc Warrants
DHAIW
$9.75K ﹤0.01%
325,000
– –
VSEEW
342
DELISTED
VSEE HEALTH INC WTS 29
VSEEW
$9.75K ﹤0.01%
75,000
– –
SPKLW
343
Spark I Acquisition Corp Warrant
SPKLW
$7M
$9.69K ﹤0.01%
48,465
-1,533
-3% -$223
YOTAW
344
DELISTED
Yotta Acquisition Corporation Warrant
YOTAW
$8.5K ﹤0.01%
425,000
– –
PMGMW
345
DELISTED
Priveterra Acquisition Corp. II Warrant to purchase Class A common stock
PMGMW
$8.05K ﹤0.01%
201,213
– –
BSLKW
346
DELISTED
Bolt Projects Holdings Warrant
BSLKW
$7.99K ﹤0.01%
39,633
– –
CONXW
347
DELISTED
CONX Corp. Warrant
CONXW
$7.95K ﹤0.01%
39,769
– –
HOVRW icon
348
New Horizon Aircraft Ltd
HOVRW
$12.5M
$7.9K ﹤0.01%
158,025
-1,464
-0.9% -$60
DECAW
349
DELISTED
Denali Capital Acquisition Corp. Warrant
DECAW
$7.89K ﹤0.01%
154,800
– –
GRRRW
350
Gorilla Technology Group Warrant
GRRRW
$1.79M
$7.87K ﹤0.01%
98,349
– –
12 13
14
15 16

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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.