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
+3.24%
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
$2.22B
AUM Growth
-$9.14M
Cap. Flow
-$68.7M
Cap. Flow %
-3.1%
Top 10 Hldgs %
27.51%
Holding
975
New
103
Increased
138
Reduced
81
Closed
258

Top Buys

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$34.7M
2
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$29.4M
3
NUV icon
Nuveen Municipal Value Fund
NUV
+$26.8M
4
NAC icon
Nuveen California Quality Municipal Income Fund
NAC
+$26M
5
BTT icon
BlackRock Municipal 2030 Target Term Trust
BTT
+$21.4M

Top Sells

Rank Stock Value
1
NRK icon
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
+$41.4M
2
GBDC icon
Golub Capital BDC
GBDC
+$35.8M
3
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$15.2M
4
VKQ icon
Invesco Municipal Trust
VKQ
+$15M
5
VVR icon
Invesco Senior Income Trust
VVR
+$12.6M

Sector Composition

Rank Sector Weight
1 Financials 19.93%
2 Industrials 1.07%
3 Technology 1.07%
4 Healthcare 0.96%
5 Consumer Discretionary 0.41%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WIA
401
Western Asset Inflation-Linked Income Fund
WIA
$187M
$428K 0.02%
+49,695
New +$440K
TLGYU
402
DELISTED
TLGY Acquisition Corporation Unit
TLGYU
$428K 0.02%
40,000
– –
HERAU
403
DELISTED
FTAC Hera Acquisition Corp. Units
HERAU
$421K 0.02%
+41,800
New +$419K
NBB icon
404
Nuveen Taxable Municipal Income Fund
NBB
$456M
$404K 0.02%
25,338
-20,187
-44% -$314K
DHF
405
BNY Mellon High Yield Strategies Fund
DHF
$174M
$398K 0.02%
184,431
– –
KAIR
406
DELISTED
Kairos Acquisition Corp. Class A Ordinary Shares
KAIR
$392K 0.02%
38,938
– –
GACQ
407
DELISTED
Global Consumer Acquisition Corp. Common Stock
GACQ
$366K 0.02%
35,816
-62,496
-64% -$628K
LEO
408
BNY Mellon Strategic Municipals
LEO
$389M
$356K 0.02%
58,312
-110,716
-66% -$677K
TWLVU
409
DELISTED
Twelve Seas Investment Company II Unit
TWLVU
$351K 0.02%
+34,938
New +$347K
NIM icon
410
Nuveen Select Maturities Municipal Fund
NIM
$116M
$350K 0.02%
38,580
+1,650
+4% +$14.9K
APN.U
411
DELISTED
Apeiron Capital Investment Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Redeemable Warrant
APN.U
$336K 0.02%
33,000
+8,000
+32% +$81.3K
CHAA.U
412
DELISTED
Catcha Investment Corp Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant
CHAA.U
$332K 0.02%
+33,000
New +$329K
BSAQ.U
413
DELISTED
Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
BSAQ.U
$331K 0.01%
+33,000
New +$328K
SCRMW
414
DELISTED
Screaming Eagle Acquisition Corp. Warrant
SCRMW
$324K 0.01%
1,350,765
+300,000
+29% +$74.6K
VLT icon
415
Invesco High Income Trust II
VLT
$65.7M
$318K 0.01%
31,001
+5,900
+24% +$60.2K
MITAU
416
DELISTED
Coliseum Acquisition Corp. Unit
MITAU
$307K 0.01%
30,609
– –
MACA
417
DELISTED
Moringa Acquisition Corp Class A Ordinary Shares
MACA
$304K 0.01%
29,998
– –
HERA
418
DELISTED
FTAC Hera Acquisition Corp. Class A Ordinary Shares
HERA
$303K 0.01%
30,000
– –
TLGA.U
419
DELISTED
TLG Acquisition One Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
TLGA.U
$274K 0.01%
+27,004
New +$270K
LGSTU
420
DELISTED
Semper Paratus Acquisition Corporation Unit
LGSTU
$270K 0.01%
25,000
– –
MMT
421
Aberdeen Multi-Market Income Fund
MMT
$244M
$258K 0.01%
+57,159
New +$251K
IQMDU
422
DELISTED
Intelligent Medicine Acquisition Corp. Unit
IQMDU
$256K 0.01%
25,000
– –
PHYT.U
423
DELISTED
Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
PHYT.U
$253K 0.01%
25,000
– –
SPKB
424
DELISTED
Silver Spike Acquisition Corp II Class A Ordinary Shares
SPKB
$252K 0.01%
24,996
– –
SOC icon
425
Sable Offshore Corp
SOC
$871M
$251K 0.01%
24,998
– –
15 16
17
18 19

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 Q4 2022 Portfolio in Review

As of Q4 2022, Rivernorth Capital Management held 975 positions worth $2.22B, down 0.41% from $2.23B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Rivernorth Capital Management withdrew a net $68.7M in Q4 2022, closing 258 positions and reducing 81 holdings. Its most notable exit was Nuveen New York AMT-Free Quality Municipal Income Fund, an estimated $41.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 27% a quarter earlier, followed by Industrials and Technology.

Against the trend, Rivernorth Capital Management opened a new position in BlackRock Corporate High Yield Fund worth $20.8M.

  • Rivernorth Capital Management's largest Q4 2022 buy was BlackRock Corporate High Yield Fund: 2,381,391 shares worth $20.8M.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Quality Municipal Income Fund in Q4 2022, an estimated $34.7M increase.
  • Rivernorth Capital Management's biggest Q4 2022 reduction was Golub Capital BDC, cutting an estimated $35.8M.
  • Rivernorth Capital Management fully exited Nuveen New York AMT-Free Quality Municipal Income Fund in Q4 2022, selling an estimated $41.4M.
  • Rivernorth Capital Management's ten largest holdings make up 28% of its $2.22B portfolio in Q4 2022.
  • Rivernorth Capital Management opened 103 new positions and closed 258 in Q4 2022.
  • Rivernorth Capital Management's portfolio value fell 0.41% quarter-over-quarter to $2.22B.

Based on Rivernorth Capital Management's 13F filing for Q4 2022, filed 14 Feb 2023.