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RCM

Rivernorth Capital Management Portfolio holdings

AUM $2B
1-Year Est. Return 0.79%
This Fund
S&P 500
This Quarter Est. Return
+3.64%
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
$2.07B
AUM Growth
-$18.8M
Cap. Flow
-$76.2M
Cap. Flow %
-3.68%
Top 10 Hldgs %
30.81%
Holding
522
New
33
Increased
41
Reduced
115
Closed
59

Top Buys

Rank Stock Value
1
CLM icon
Cornerstone Strategic Value Fund
CLM
+$15.6M
2
BSTZ icon
BlackRock Science and Technology Term Trust
BSTZ
+$9.29M
3
LEGT.U
Legato Merger Corp III Units
LEGT.U
+$8.06M
4
EAD
Allspring Income Opportunities Fund
EAD
+$7.05M
5
BCX icon
BlackRock Resources & Commodities Strategy Trust
BCX
+$5.41M

Top Sells

Rank Stock Value
1
JPC icon
Nuveen Preferred & Income Opportunities Fund
JPC
+$18.2M
2
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$14.2M
3
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$12.5M
4
GHIX
Gores Holdings IX, Inc. Class A Common Stock
GHIX
+$12.5M
5
PAXS
PIMCO Access Income Fund
PAXS
+$8.7M

Sector Composition

Rank Sector Weight
1 Financials 9.07%
2 Technology 0.91%
3 Healthcare 0.64%
4 Industrials 0.4%
5 Materials 0.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LDTCW
476
DELISTED
LeddarTech Holdings Inc. Warrants
LDTCW
– –
-67,916
Closed -$6.11K
MCI
477
Barings Corporate Investors
MCI
$342M
– –
-217,847
Closed -$4.01M
MOBXW icon
478
Mobix Labs Warrants
MOBXW
$658K
– –
-150,000
Closed -$10.5K
PDO
479
PIMCO Dynamic Income Opportunities Fund
PDO
$1.86B
– –
-634,202
Closed -$7.76M
PMX
480
DELISTED
PIMCO Municipal Income Fund III
PMX
– –
-22,591
Closed -$167K
ZCAR
481
DELISTED
Zoomcar
ZCAR
– –
-21
Closed -$481K
ZCARW
482
DELISTED
Zoomcar Holdings, Inc. Warrants
ZCARW
– –
-37,499
Closed -$3K
TRUG icon
483
TruGolf
TRUG
$1M
– –
-172
Closed -$999K
DHAI
484
DELISTED
DIH Holdings US
DHAI
– –
-7,056
Closed -$1.92M
TVGNW icon
485
Tevogen Inc. Warrant
TVGNW
$911K
– –
-12,499
Closed -$500
SDST
486
Stardust Power Inc
SDST
$7.13M
– –
-23,049
Closed -$2.55M
BAYAU
487
DELISTED
Bayview Acquisition Corp Unit
BAYAU
– –
-200,000
Closed -$2.02M
AITRU
488
DELISTED
AI Transportation Acquisition Corp Unit
AITRU
– –
-30,000
Closed -$306K
GHIX
489
DELISTED
Gores Holdings IX, Inc. Class A Common Stock
GHIX
– –
-1,186,652
Closed -$12.5M
PNST.WS
490
DELISTED
Pinstripes Holdings, Inc. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
PNST.WS
– –
-125,000
Closed -$46.1K
MCAA
491
DELISTED
Mountain & Co. I Acquisition Corp. Class A Ordinary Shares
MCAA
– –
-40,000
Closed -$452K
GRDI
492
DELISTED
GRIID Infrastructure Inc. Common Stock
GRDI
– –
-71,358
Closed -$768K
PMGM
493
DELISTED
Priveterra Acquisition Corp. II Class A Common Stock
PMGM
– –
-314,426
Closed -$3.46M
AEON.WS
494
DELISTED
AEON Biopharma Inc
AEON.WS
– –
-44,868
Closed -$3.59K
MCAF
495
DELISTED
Mountain Crest Acquisition Corp. IV Common Stock
MCAF
– –
-84,665
Closed -$908K
PEPL
496
DELISTED
PepperLime Health Acquisition Corporation Class A Ordinary Share
PEPL
– –
-200,000
Closed -$2.17M
ADOCR
497
DELISTED
Edoc Acquisition Corp. Right
ADOCR
– –
-50,000
Closed -$3.5K
ADOCW
498
DELISTED
Edoc Acquisition Corp. Warrant
ADOCW
– –
-50,000
Closed -$645
HCMAW
499
DELISTED
HCM Acquisition Corp Warrant
HCMAW
– –
-50,000
Closed -$1.34K
LBBBR
500
DELISTED
Lakeshore Acquisition II Corp. Rights
LBBBR
– –
-222,982
Closed -$42.4K
17 18 19
20
21

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Rivernorth Capital Management's Q1 2024 Portfolio in Review

As of Q1 2024, Rivernorth Capital Management held 522 positions worth $2.07B, down 0.9% from $2.09B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management withdrew a net $76.2M in Q1 2024, closing 59 positions and reducing 115 holdings. Its most notable exit was Gores Holdings IX, Inc. Class A Common Stock, an estimated $12.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 9.1% of assets, down from 10% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Rivernorth Capital Management opened a new position in Legato Merger Corp III Units worth $8.1M.

  • Rivernorth Capital Management's largest Q1 2024 buy was Legato Merger Corp III Units: 798,972 shares worth $8.1M.
  • Rivernorth Capital Management added most to Cornerstone Strategic Value Fund in Q1 2024, an estimated $15.6M increase.
  • Rivernorth Capital Management's biggest Q1 2024 reduction was Nuveen Preferred & Income Opportunities Fund, cutting an estimated $18.2M.
  • Rivernorth Capital Management fully exited Gores Holdings IX, Inc. Class A Common Stock in Q1 2024, selling an estimated $12.5M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $2.07B portfolio in Q1 2024.
  • Rivernorth Capital Management opened 33 new positions and closed 59 in Q1 2024.
  • Rivernorth Capital Management's portfolio value fell 0.9% quarter-over-quarter to $2.07B.

Based on Rivernorth Capital Management's 13F filing for Q1 2024, filed 15 May 2024.