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
HPLT
451
DELISTED
Home Plate Acquisition Corporation Class A Common Stock
HPLT
$125K 0.01%
+12,500
New +$124K
CPAA
452
DELISTED
Conyers Park III Acquisition Corp. Class A Common Stock
CPAA
$114K 0.01%
+11,532
New +$113K
JWSM.WS
453
DELISTED
Jaws Mustang Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
JWSM.WS
$110K 0.01%
1,577,424
+120,421
+8% +$10.4K
JUGGU
454
DELISTED
Jaws Juggernaut Acquisition Corporation Unit
JUGGU
$110K ﹤0.01%
+10,900
New +$109K
NKG
455
DELISTED
Nuveen Georgia Quality Municipal Income Fund
NKG
$106K ﹤0.01%
10,495
-102,711
-91% -$1.02M
AFRIW icon
456
Forafric Global PLC Warrants
AFRIW
$9.79M
$104K ﹤0.01%
150,000
– –
AFAQ
457
DELISTED
AF Acquisition Corp
AFAQ
$103K ﹤0.01%
10,293
-190,976
-95% -$1.9M
USCTU
458
DELISTED
Roth CH Acquisition Co. Unit
USCTU
$103K ﹤0.01%
10,000
– –
MPACR
459
DELISTED
Model Performance Acquisition Corp. Right
MPACR
$92.7K ﹤0.01%
171,700
– –
DFLIW icon
460
Dragonfly Energy Holdings Warrant
DFLIW
$32.4K
$90K ﹤0.01%
187,500
– –
CCV.WS
461
DELISTED
Churchill Capital Corp V Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share
CCV.WS
$90K ﹤0.01%
1,124,560
– –
JUN.WS
462
DELISTED
Juniper II Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
JUN.WS
$77.6K ﹤0.01%
484,920
+320
+0.1% +$39
PETWW
463
DELISTED
Wag! Group Co Warrant
PETWW
$72K ﹤0.01%
600,000
– –
SZZLW
464
DELISTED
Sizzle Acquisition Corp. Warrant
SZZLW
$66.8K ﹤0.01%
+222,499
New +$56K
SLND.WS icon
465
Southland Holdings Warrants
SLND.WS
$66K ﹤0.01%
149,999
– –
CVIIW
466
DELISTED
Churchill Capital Corp VII Warrants
CVIIW
$62.5K ﹤0.01%
1,250,482
+10,629
+0.9% +$457
JUGGW
467
DELISTED
Jaws Juggernaut Acquisition Corporation Warrant
JUGGW
$60.3K ﹤0.01%
1,005,168
+800,000
+390% +$96.8K
MFV
468
DELISTED
MFS SPECIAL VALUE TRUST
MFV
$52.6K ﹤0.01%
+12,573
New +$53.5K
NKGNW
469
DELISTED
NKGen Biotech, Inc. Warrants
NKGNW
$52.2K ﹤0.01%
652,825
+489,751
+300% +$41.1K
YOTAR
470
DELISTED
Yotta Acquisition Corporation Right
YOTAR
$51K ﹤0.01%
+425,000
New +$44.2K
BACA.WS
471
DELISTED
Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50
BACA.WS
$49.5K ﹤0.01%
1,237,500
– –
BNIXR
472
DELISTED
Bannix Acquisition Corp. Right
BNIXR
$49K ﹤0.01%
175,000
– –
JCICW
473
DELISTED
Jack Creek Investment Corp. Warrants
JCICW
$45.7K ﹤0.01%
217,622
– –
MCAGR
474
DELISTED
Mountain Crest Acquisition Corp. V Right
MCAGR
$45.1K ﹤0.01%
+215,000
New +$37.7K
RNERW
475
DELISTED
Mount Rainier Acquisition Corp. Warrant
RNERW
$45K ﹤0.01%
225,000
– –
17 18
19
20 21

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.