Rivernorth Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nuveen AMT-Free Quality Municipal Income Fund
NEA
|
+$34.7M |
| 2 |
Nuveen Quality Municipal Income Fund
NAD
|
+$29.4M |
| 3 |
Nuveen Municipal Value Fund
NUV
|
+$26.8M |
| 4 |
Nuveen California Quality Municipal Income Fund
NAC
|
+$26M |
| 5 |
BlackRock Municipal 2030 Target Term Trust
BTT
|
+$21.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
|
+$41.4M |
| 2 |
Golub Capital BDC
GBDC
|
+$35.8M |
| 3 |
MUI
BlackRock Municipal Income Fund, Inc.
MUI
|
+$15.2M |
| 4 |
Invesco Municipal Trust
VKQ
|
+$15M |
| 5 |
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% |
Similar funds
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.