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
-4.74%
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
$2.23B
AUM Growth
-$240M
Cap. Flow
-$153M
Cap. Flow %
-6.87%
Top 10 Hldgs %
22.33%
Holding
940
New
121
Increased
146
Reduced
85
Closed
68

Top Buys

Rank Stock Value
1
ZTR
Virtus Total Return Fund
ZTR
+$22.4M
2
PAXS
PIMCO Access Income Fund
PAXS
+$16M
3
VVR icon
Invesco Senior Income Trust
VVR
+$9.57M
4
BFK
BlackRock Municipal Income Trust
BFK
+$9.31M
5
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$7.54M

Top Sells

Rank Stock Value
1
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
+$41.6M
2
CLM icon
Cornerstone Strategic Value Fund
CLM
+$33.6M
3
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$32.8M
4
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$28.1M
5
PTA icon
Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
+$24.8M

Sector Composition

Rank Sector Weight
1 Financials 27.26%
2 Healthcare 1.37%
3 Technology 1.26%
4 Industrials 0.95%
5 Communication Services 0.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NRAC
426
DELISTED
Northern Revival Acquisition Corporation Class A Ordinary Share
NRAC
$745K 0.03%
74,994
– –
LDHAU
427
DELISTED
LDH Growth Corp I Units
LDHAU
$743K 0.03%
75,000
– –
OSTR
428
DELISTED
Oyster Enterprises Acquisition Corp. Class A Common Stock
OSTR
$741K 0.03%
74,998
– –
MHN
429
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$733K 0.03%
+74,843
New +$814K
WAVC
430
DELISTED
Waverley Capital Acquisition Corp. 1
WAVC
$733K 0.03%
74,997
– –
EVF
431
Eaton Vance Senior Income Trust
EVF
$91.9M
$731K 0.03%
138,770
+348
+0.3% +$1.94K
FMN
432
Federated Hermes Premier Municipal Income Fund
FMN
$87.5M
$730K 0.03%
70,590
+21,561
+44% +$242K
AEF
433
abrdn Emerging Markets Equity Income Fund
AEF
$378M
$724K 0.03%
157,974
-28,053
-15% -$149K
NBB icon
434
Nuveen Taxable Municipal Income Fund
NBB
$457M
$714K 0.03%
+45,525
New +$804K
FCAX.U
435
DELISTED
Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant
FCAX.U
$704K 0.03%
70,800
– –
NRACU
436
DELISTED
Northern Revival Acquisition Corporation Unit
NRACU
$696K 0.03%
70,028
– –
KSICU
437
DELISTED
Kadem Sustainable Impact Corporation Unit
KSICU
$690K 0.03%
70,000
– –
KVSC
438
DELISTED
Khosla Ventures Acquisition Co. III Class A Common Stock
KVSC
$688K 0.03%
70,379
– –
IEFA icon
439
iShares Core MSCI EAFE ETF
IEFA
$196B
$679K 0.03%
+12,897
New +$758K
AVAN
440
DELISTED
Avanti Acquisition Corp.
AVAN
$669K 0.03%
+66,790
New +$666K
CCV
441
DELISTED
Churchill Capital Corp V
CCV
$662K 0.03%
66,899
+1,899
+3% +$18.8K
ONYX
442
DELISTED
Onyx Acquisition Co. I Class A Ordinary Shares
ONYX
$659K 0.03%
65,000
– –
LFACU
443
DELISTED
LF Capital Acquisition Corp. II Units
LFACU
$647K 0.03%
64,298
– –
PPHP
444
DELISTED
PHP Ventures Acquisition Corp. Class A Common Stock
PPHP
$637K 0.03%
63,064
– –
NMI icon
445
Nuveen Municipal Income
NMI
$129M
$633K 0.03%
72,892
+39,425
+118% +$365K
HCII
446
DELISTED
Hudson Executive Investment Corp. II Class A Common Stock
HCII
$631K 0.03%
+64,000
New +$631K
QTI
447
QT Imaging Holdings
QTI
$41.3M
$623K 0.03%
61,577
-88,423
-59% -$891K
FMIV
448
DELISTED
Forum Merger IV Corporation Class A Common stock
FMIV
$623K 0.03%
+63,438
New +$623K
PXH icon
449
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.97B
$614K 0.03%
37,953
– –
PHIC
450
DELISTED
Population Health Investment Co., Inc. Class A Ordinary Share
PHIC
$605K 0.03%
+60,600
New +$603K
16 17
18
19 20

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 2022 Portfolio in Review

As of Q3 2022, Rivernorth Capital Management held 940 positions worth $2.23B, down 9.7% from $2.47B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Rivernorth Capital Management withdrew a net $153M in Q3 2022, closing 68 positions and reducing 85 holdings. Its most notable exit was Pershing Square Tontine Holdings, Ltd., an estimated $41.6M position sold in full.

By sector, the portfolio is most concentrated in Financials at 27% of assets, up from 22% a quarter earlier, followed by Healthcare and Technology.

Against the trend, Rivernorth Capital Management opened a new position in Virtus Total Return Fund worth $17.8M.

  • Rivernorth Capital Management's largest Q3 2022 buy was Virtus Total Return Fund: 2,860,573 shares worth $17.8M.
  • Rivernorth Capital Management added most to PIMCO Access Income Fund in Q3 2022, an estimated $16M increase.
  • Rivernorth Capital Management's biggest Q3 2022 reduction was Nuveen AMT-Free Quality Municipal Income Fund, cutting an estimated $32.8M.
  • Rivernorth Capital Management fully exited Pershing Square Tontine Holdings, Ltd. in Q3 2022, selling an estimated $41.6M.
  • Rivernorth Capital Management's ten largest holdings make up 22% of its $2.23B portfolio in Q3 2022.
  • Rivernorth Capital Management opened 121 new positions and closed 68 in Q3 2022.
  • Rivernorth Capital Management's portfolio value fell 9.7% quarter-over-quarter to $2.23B.

Based on Rivernorth Capital Management's 13F filing for Q3 2022, filed 14 Nov 2022.