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
+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
OTECW
351
DELISTED
OceanTech Acquisitions I Corp. Warrant
OTECW
$7.87K ﹤0.01%
196,617
– –
RACYW
352
DELISTED
Relativity Acquisition Corp. Warrant
RACYW
$7.5K ﹤0.01%
150,000
– –
MNTN.WS
353
DELISTED
Everest Consolidator Acquisition Corporation Warrants, each whole warrant exercisable for one share of Class A Common Stock, at an exercise price of $11.50
MNTN.WS
$7.15K ﹤0.01%
54,999
– –
FLFVR
354
DELISTED
Feutune Light Acquisition Corporation Right
FLFVR
$7.15K ﹤0.01%
84,000
– –
SHAP.WS
355
DELISTED
Spree Acquisition Corp. 1 Limited Redeemable warrants, each warrant exercisable for one Class A ordinary share at an exercise price of $11.50
SHAP.WS
$6.75K ﹤0.01%
225,000
– –
NMHIW
356
DELISTED
Natures Miracle Holding Inc. Warrants
NMHIW
$6.69K ﹤0.01%
+83,618
New +$5.46K
HSPOW
357
DELISTED
Horizon Space Acquisition I Corp Warrant
HSPOW
$6.43K ﹤0.01%
214,357
-477
-0.2% -$10
PPHPR
358
DELISTED
PHP Ventures Acquisition Corp. Rights
PPHPR
$6.31K ﹤0.01%
63,064
– –
NVNIW
359
Nvni Group Limited Warrants
NVNIW
$6.25K ﹤0.01%
124,999
– –
CCTSW
360
DELISTED
Cactus Acquisition Corp. 1 Limited Warrant
CCTSW
$6.25K ﹤0.01%
124,999
– –
SHFSW icon
361
SHF Holdings Warrants
SHFSW
$6.13K ﹤0.01%
87,500
– –
WINVR
362
DELISTED
WinVest Acquisition Corp. Right
WINVR
$6K ﹤0.01%
150,000
– –
IMAQW
363
DELISTED
International Media Acquisition Corp. Warrants
IMAQW
$6K ﹤0.01%
250,000
– –
MSPRZ
364
DELISTED
MSP Recovery Inc Warrant
MSPRZ
$5.94K ﹤0.01%
118,881
– –
ASCAW
365
DELISTED
A SPAC I Acquisition Corp. Warrant
ASCAW
$5.76K ﹤0.01%
143,997
– –
AERTW
366
Aeries Technology Warrant
AERTW
$891K
$5.66K ﹤0.01%
113,187
– –
BENFW icon
367
Beneficient Warrant
BENFW
$166K
$5.63K ﹤0.01%
562,494
– –
BNIXW
368
DELISTED
Bannix Acquisition Corp. Warrant
BNIXW
$5.25K ﹤0.01%
175,000
– –
TRIS.WS
369
DELISTED
Tristar Acquisition I Corp. Redeemable Warrants, each exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
TRIS.WS
$5.25K ﹤0.01%
74,999
– –
BNZIW
370
DELISTED
Banzai International Warrant
BNZIW
$5.15K ﹤0.01%
128,720
– –
OSRHW
371
OSR Health Warrant
OSRHW
$287K
$5K ﹤0.01%
250,000
– –
FTIIW
372
DELISTED
FutureTech II Acquisition Corp. Warrant
FTIIW
$5K ﹤0.01%
125,000
– –
NVACW
373
DELISTED
NorthView Acquisition Corporation Warrant
NVACW
$5K ﹤0.01%
125,000
– –
BFAC.WS
374
DELISTED
Battery Future Acquisition Corp. Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
BFAC.WS
$5K ﹤0.01%
125,000
– –
NOVVW
375
DELISTED
Nova Vision Acquisition Corp. Warrant
NOVVW
$4.9K ﹤0.01%
165,000
– –
13 14
15
16 17

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 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.