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
+1.87%
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
$1.23B
AUM Growth
-$81.4M
Cap. Flow
-$106M
Cap. Flow %
-8.66%
Top 10 Hldgs %
35.14%
Holding
152
New
12
Increased
30
Reduced
56
Closed
23

Top Buys

Rank Stock Value
1
CLM icon
Cornerstone Strategic Value Fund
CLM
+$21.6M
2
USA icon
Liberty All-Star Equity Fund
USA
+$16.3M
3
AOD
abrdn Total Dynamic Dividend Fund
AOD
+$6.52M
4
SNAX
Stryve Foods, Inc. Class A Common Stock
SNAX
+$6.05M
5
BRW
Saba Capital Income & Opportunities Fund
BRW
+$5.52M

Top Sells

Rank Stock Value
1
RA
Brookfield Real Assets Income Fund
RA
+$27M
2
BOE icon
BlackRock Enhanced Global Dividend Trust
BOE
+$12.7M
3
AVK
Advent Convertible and Income Fund
AVK
+$8.92M
4
LCM
Advent/Claymore Enhanced Gth & F
LCM
+$8.08M
5
RVT icon
Royce Value Trust
RVT
+$6.47M

Sector Composition

Rank Sector Weight
1 Financials 4.22%
2 Consumer Staples 0.5%
3 Technology 0.49%
4 Energy 0.3%
5 Industrials 0.12%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ADX icon
26
Adams Diversified Equity Fund
ADX
$3.18B
$14.8M 1.21%
965,586
-48,100
-5% -$709K
RVT icon
27
Royce Value Trust
RVT
$2.3B
$13.5M 1.11%
855,296
-436,993
-34% -$6.47M
VWO icon
28
Vanguard FTSE Emerging Markets ETF
VWO
$124B
$12.7M 1.04%
291,859
– –
EDD
29
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$387M
$12.7M 1.04%
1,585,652
-67,155
-4% -$547K
HYI
30
Western Asset High Yield Opportunity Fund Inc
HYI
$135M
$12.7M 1.03%
814,688
– –
ARDC
31
Are Dynamic Credit Allocation Fund
ARDC
$299M
$11.7M 0.95%
711,948
-83,109
-10% -$1.36M
BGB
32
Blackstone Strategic Credit 2027 Term Fund
BGB
$501M
$11.5M 0.94%
718,841
-54,531
-7% -$871K
NXDT
33
NexPoint Diversified Real Estate Trust
NXDT
$239M
$11M 0.9%
476,440
-37,655
-7% -$839K
BIT icon
34
BlackRock Multi-Sector Income Trust
BIT
$701M
$10.9M 0.89%
582,363
-196,139
-25% -$3.59M
PRF icon
35
Invesco FTSE RAFI US 1000 ETF
PRF
$9.96B
$10.8M 0.88%
503,160
– –
JLS icon
36
Nuveen Mortgage and Income Fund
JLS
$94.5M
$10.8M 0.88%
424,124
-54,850
-11% -$1.4M
MZF
37
DELISTED
Managed Duration Inv Grd Muni Fd
MZF
$10.5M 0.86%
768,818
+110,291
+17% +$1.53M
FUND
38
Sprott Focus Trust
FUND
$303M
$10M 0.82%
1,293,758
+24,692
+2% +$185K
CEF icon
39
Sprott Physical Gold and Silver Trust
CEF
$8.09B
$9.32M 0.76%
713,165
– –
TY icon
40
TRI-Continental Corp
TY
$1.89B
$9.23M 0.75%
359,663
-63,539
-15% -$1.58M
NFJ
41
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.43B
$8.63M 0.7%
644,996
-81,659
-11% -$1.08M
GAM
42
General American Investors Company
GAM
$1.6B
$8.4M 0.69%
232,746
-29,209
-11% -$1.02M
DEX
43
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
$8.38M 0.68%
707,871
+124,531
+21% +$1.44M
WIA
44
Western Asset Inflation-Linked Income Fund
WIA
$185M
$8.07M 0.66%
701,628
+189,827
+37% +$2.17M
JGH icon
45
Nuveen Global High Income Fund
JGH
$355M
$7.96M 0.65%
456,712
-126,072
-22% -$2.17M
AVK
46
Advent Convertible and Income Fund
AVK
$565M
$7.96M 0.65%
503,623
-565,446
-53% -$8.92M
GARS
47
DELISTED
Garrison Capital Inc.
GARS
$7.66M 0.63%
910,217
+37,172
+4% +$308K
JMT
48
DELISTED
Nuveen Mortgage Opportunity Term Fund 2
JMT
$7.65M 0.62%
310,077
-10,058
-3% -$247K
RMT
49
Royce Micro-Cap Trust
RMT
$758M
$7.06M 0.58%
749,385
-17,713
-2% -$153K
DHG
50
DELISTED
Deutsche High Incm Opportunities
DHG
$6.83M 0.56%
453,240
-114,683
-20% -$1.72M
1
2
3 4 5

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 2017 Portfolio in Review

As of Q3 2017, Rivernorth Capital Management held 152 positions worth $1.23B, down 6.2% from $1.31B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Rivernorth Capital Management withdrew a net $106M in Q3 2017, closing 23 positions and reducing 56 holdings. Its most notable exit was Barington/Hilco Acquisition Corp., an estimated $6.42M position sold in full.

By sector, the portfolio is most concentrated in Financials at 4.2% of assets, down from 5.2% a quarter earlier, followed by Consumer Staples and Technology.

Against the trend, Rivernorth Capital Management opened a new position in Cornerstone Strategic Value Fund worth $21.6M.

  • Rivernorth Capital Management's largest Q3 2017 buy was Cornerstone Strategic Value Fund: 1,479,892 shares worth $21.6M.
  • Rivernorth Capital Management added most to Liberty All-Star Equity Fund in Q3 2017, an estimated $16.3M increase.
  • Rivernorth Capital Management's biggest Q3 2017 reduction was Brookfield Real Assets Income Fund, cutting an estimated $27M.
  • Rivernorth Capital Management fully exited Barington/Hilco Acquisition Corp. in Q3 2017, selling an estimated $6.42M.
  • Rivernorth Capital Management's ten largest holdings make up 35% of its $1.23B portfolio in Q3 2017.
  • Rivernorth Capital Management opened 12 new positions and closed 23 in Q3 2017.
  • Rivernorth Capital Management's portfolio value fell 6.2% quarter-over-quarter to $1.23B.

Based on Rivernorth Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.