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
GLLIW
651
DELISTED
Globalink Investment Inc. Warrants
GLLIW
$2.13K ﹤0.01%
213,000
– –
RMCOW icon
652
Royalty Management Holding Warrant
RMCOW
$1.78M
$2K ﹤0.01%
49,999
– –
BCSAW
653
DELISTED
Blockchain Coinvestors Acquisition Corp. I Warrant
BCSAW
$2K ﹤0.01%
24,999
– –
ADOCW
654
DELISTED
Edoc Acquisition Corp. Warrant
ADOCW
$2K ﹤0.01%
50,000
– –
GSQB.WS
655
DELISTED
G Squared Ascend II Inc. Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
GSQB.WS
$2K ﹤0.01%
33,331
– –
IPVIW
656
DELISTED
InterPrivate IV InfraTech Partners Inc. Warrant
IPVIW
$2K ﹤0.01%
50,000
– –
ALSAW
657
DELISTED
Alpha Star Acquisition Corp Warrants
ALSAW
$1.98K ﹤0.01%
+98,841
New +$2K
USCTW
658
DELISTED
Roth CH Acquisition Co. Warrant
USCTW
$1.98K ﹤0.01%
98,850
– –
COOLW
659
DELISTED
Corner Growth Acquisition Corp. Warrant
COOLW
$1.96K ﹤0.01%
65,388
+7,377
+13% +$209
PPHPW
660
DELISTED
PHP Ventures Acquisition Corp. Warrants
PPHPW
$1.89K ﹤0.01%
31,532
– –
FNVTW
661
DELISTED
Finnovate Acquisition Corp. Warrants
FNVTW
$1.88K ﹤0.01%
93,745
– –
MACAW
662
DELISTED
Moringa Acquisition Corp Warrant
MACAW
$1.8K ﹤0.01%
14,999
– –
ENERW
663
DELISTED
Accretion Acquisition Corp Warrant
ENERW
$1.75K ﹤0.01%
87,499
– –
BURU.WS
664
DELISTED
Nuburu, Inc. Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50
BURU.WS
$1.75K ﹤0.01%
24,999
– –
CIIGW
665
DELISTED
CIIG Capital Partners II, Inc. Warrant
CIIGW
$1.75K ﹤0.01%
24,999
– –
MSAIW icon
666
MultiSensor AI Holdings Warrant
MSAIW
$817K
$1.69K ﹤0.01%
56,244
– –
ARBGW
667
DELISTED
Aequi Acquisition Corp warrants
ARBGW
$1.51K ﹤0.01%
50,294
+33,694
+203% +$1.44K
LCW.WS
668
DELISTED
Learn CW Investment Corporation Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
LCW.WS
$1.5K ﹤0.01%
24,999
– –
EDTXW
669
DELISTED
EdtechX Holdings Acquisition Corp. II Warrant
EDTXW
$1.5K ﹤0.01%
24,999
– –
APGNW
670
DELISTED
Apexigen, Inc. WarrantApexigen, Inc. Warrant
APGNW
$1.49K ﹤0.01%
49,499
– –
FTPAW
671
DELISTED
FTAC Parnassus Acquisition Corp. Warrant
FTPAW
$1.46K ﹤0.01%
73,000
– –
MITAW
672
DELISTED
Coliseum Acquisition Corp. Warrant
MITAW
$1.42K ﹤0.01%
28,333
– –
PSPC.WS
673
DELISTED
Post Holdings Partnering Corporation Redeemable Warrants, each whole warrant exercisable for one share of Series A common stock at an exercise price of $11.50
PSPC.WS
$1.42K ﹤0.01%
17,705
– –
LDTCW
674
DELISTED
LeddarTech Holdings Inc. Warrants
LDTCW
$1.36K ﹤0.01%
68,216
– –
RMGCW
675
DELISTED
RMG Acquisition Corp. III Warrant
RMGCW
$1.36K ﹤0.01%
+45,420
New +$1.42K
25 26
27
28 29

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.