Rivernorth Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nuveen AMT-Free Municipal Credit Income Fund
NVG
|
+$25.5M |
| 2 |
JPS
Nuveen Preferred & Income Securities Fund
JPS
|
+$19.8M |
| 3 |
PIMCO Dynamic Income Fund
PDI
|
+$17.5M |
| 4 |
PHK
PIMCO High Income Fund
PHK
|
+$13M |
| 5 |
WIW
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
|
+$11.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nuveen AMT-Free Quality Municipal Income Fund
NEA
|
+$29.7M |
| 2 |
Nuveen Quality Municipal Income Fund
NAD
|
+$18.2M |
| 3 |
PDO
PIMCO Dynamic Income Opportunities Fund
PDO
|
+$14.6M |
| 4 |
PEPL
PepperLime Health Acquisition Corporation Class A Ordinary Share
PEPL
|
+$13.1M |
| 5 |
JWSM
Jaws Mustang Acquisition Corp.
JWSM
|
+$12.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.27% |
| 2 | Industrials | 1.55% |
| 3 | Technology | 1.3% |
| 4 | Healthcare | 0.84% |
| 5 | Consumer Discretionary | 0.52% |
Similar funds
Rivernorth Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Rivernorth Capital Management held 850 positions worth $2.07B, down 7% from $2.22B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Rivernorth Capital Management withdrew a net $183M in Q1 2023, closing 212 positions and reducing 77 holdings. Its most notable exit was Jaws Mustang Acquisition Corp., an estimated $12.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
Against the trend, Rivernorth Capital Management opened a new position in PIMCO Income Strategy Fund II worth $7.72M.
- Rivernorth Capital Management's largest Q1 2023 buy was PIMCO Income Strategy Fund II: 1,077,061 shares worth $7.72M.
- Rivernorth Capital Management added most to Nuveen AMT-Free Municipal Credit Income Fund in Q1 2023, an estimated $25.5M increase.
- Rivernorth Capital Management's biggest Q1 2023 reduction was Nuveen AMT-Free Quality Municipal Income Fund, cutting an estimated $29.7M.
- Rivernorth Capital Management fully exited Jaws Mustang Acquisition Corp. in Q1 2023, selling an estimated $12.4M.
- Rivernorth Capital Management's ten largest holdings make up 29% of its $2.07B portfolio in Q1 2023.
- Rivernorth Capital Management opened 133 new positions and closed 212 in Q1 2023.
- Rivernorth Capital Management's portfolio value fell 7% quarter-over-quarter to $2.07B.
Based on Rivernorth Capital Management's 13F filing for Q1 2023, filed 15 May 2023.