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
AVHIW
551
DELISTED
Achari Ventures Holdings Corp I Warrant
AVHIW
$10.5K ﹤0.01%
149,998
– –
HOLOW icon
552
MicroCloud Hologram Inc Warrant
HOLOW
$2.54M
$10.5K ﹤0.01%
149,600
+2,532
+2% +$171
BRD.WS
553
DELISTED
Beard Energy Transition Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
BRD.WS
$10.4K ﹤0.01%
130,450
+74,950
+135% +$4.83K
SDAWW
554
SunCar Technology Group Warrant
SDAWW
$10.2K ﹤0.01%
170,000
– –
MEOAW
555
DELISTED
Minority Equality Opportunities Acquisition Inc. Warrants
MEOAW
$10K ﹤0.01%
200,000
– –
IXAQW
556
DELISTED
IX Acquisition Corp. Warrant
IXAQW
$9.8K ﹤0.01%
490,000
– –
EVEX.WS icon
557
Eve Holding Inc Warrants
EVEX.WS
$47.6M
$9.38K ﹤0.01%
37,499
– –
SOC.WS
558
DELISTED
Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50
SOC.WS
$9.12K ﹤0.01%
12,499
– –
BNZIW
559
DELISTED
Banzai International Warrant
BNZIW
$9.01K ﹤0.01%
128,720
– –
ABLLW
560
DELISTED
Abacus Life Warrant
ABLLW
$9K ﹤0.01%
49,999
– –
GBBKW
561
DELISTED
Global Blockchain Acquisition Corp. Warrant
GBBKW
$9K ﹤0.01%
300,000
– –
JTAIW
562
DELISTED
Jet.AI Inc. Warrant
JTAIW
$9K ﹤0.01%
300,000
– –
SHAP.WS
563
DELISTED
Spree Acquisition Corp. 1 Limited Redeemable warrants, each warrant exercisable for one Class A ordinary share at an exercise price of $11.50
SHAP.WS
$9K ﹤0.01%
+225,000
New +$10.8K
ASPAW
564
DELISTED
Abri SPAC I Inc Warrant
ASPAW
$8.75K ﹤0.01%
175,000
– –
PNTM.WS
565
DELISTED
Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
PNTM.WS
$8.61K ﹤0.01%
107,573
+49,973
+87% +$2.7K
VHAQ.WS
566
DELISTED
Viveon Health Acquisition Corp. Warrants to purchase one-half of a share of common stock at a price of $11.50 per whole share
VHAQ.WS
$8.58K ﹤0.01%
171,595
– –
LIONW
567
DELISTED
Lionheart III Corp Warrant
LIONW
$8K ﹤0.01%
199,999
– –
BRLIR
568
DELISTED
Brilliant Acquisition Corporation Rights
BRLIR
$7.99K ﹤0.01%
42,056
– –
OTECW
569
DELISTED
OceanTech Acquisitions I Corp. Warrant
OTECW
$7.87K ﹤0.01%
196,617
– –
VSEEW
570
DELISTED
VSEE HEALTH INC WTS 29
VSEEW
$7.5K ﹤0.01%
75,000
– –
IMAQW
571
DELISTED
International Media Acquisition Corp. Warrants
IMAQW
$7.5K ﹤0.01%
250,000
– –
ZFOXW
572
DELISTED
ZeroFox Holdings, Inc. Warrants
ZFOXW
$7.5K ﹤0.01%
50,000
– –
DMAQR
573
DELISTED
Deep Medicine Acquisition Corp. Rights
DMAQR
$7.5K ﹤0.01%
150,000
– –
REVEW
574
DELISTED
Alpine Acquisition Corp Warrant
REVEW
$7.5K ﹤0.01%
74,999
– –
SOUNW icon
575
SoundHound AI Warrant
SOUNW
$654M
$7.49K ﹤0.01%
49,904
-95
-0.2% -$19
21 22
23
24 25

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.