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
-6.48%
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
$1.93B
AUM Growth
-$73.9M
Cap. Flow
+$61.5M
Cap. Flow %
3.19%
Top 10 Hldgs %
31.01%
Holding
632
New
48
Increased
91
Reduced
80
Closed
87

Top Buys

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$34.7M
2
MHD icon
BlackRock MuniHoldings Fund
MHD
+$19.3M
3
BLE
BlackRock Municipal Income Trust II
BLE
+$14M
4
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$13.2M
5
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$13M

Top Sells

Rank Stock Value
1
BBDC icon
Barings BDC
BBDC
+$26.1M
2
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$16.6M
3
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$15.9M
4
PDO
PIMCO Dynamic Income Opportunities Fund
PDO
+$15.8M
5
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$13.3M

Sector Composition

Rank Sector Weight
1 Financials 12.36%
2 Healthcare 1.47%
3 Technology 1.18%
4 Industrials 1.07%
5 Consumer Discretionary 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HCVI
51
DELISTED
Hennessy Capital Investment Corp. VI Class A Common Stock
HCVI
$8.41M 0.44%
814,065
+768,101
+1,671% +$7.93M
PFN
52
PIMCO Income Strategy Fund II
PFN
$706M
$8.33M 0.43%
1,264,654
+98,370
+8% +$684K
NPCT icon
53
Nuveen Core Plus Impact Fund
NPCT
$283M
$8.24M 0.43%
900,022
+17,189
+2% +$168K
BYNO
54
DELISTED
byNordic Acquisition Corporation Class A Common Stock
BYNO
$8.04M 0.42%
742,500
-742,500
-50% -$7.93M
FLD
55
Fold Holdings
FLD
$23.1M
$7.83M 0.41%
+750,000
New +$7.81M
LOCC
56
DELISTED
Live Oak Crestview Climate Acquisition Corp.
LOCC
$7.82M 0.41%
+757,077
New +$7.81M
GHIX
57
DELISTED
Gores Holdings IX, Inc. Class A Common Stock
GHIX
$7.75M 0.4%
746,442
– –
CCTS
58
DELISTED
Cactus Acquisition Corp. 1 Limited Class A Ordinary Share
CCTS
$7.72M 0.4%
700,000
– –
PMX
59
DELISTED
PIMCO Municipal Income Fund III
PMX
$7.68M 0.4%
1,186,668
+120,554
+11% +$903K
KDK
60
Kodiak AI
KDK
$909M
$7.57M 0.39%
+737,002
New +$7.53M
MCI
61
Barings Corporate Investors
MCI
$340M
$7.43M 0.39%
466,279
-419,861
-47% -$6.43M
PORT
62
DELISTED
Southport Acquisition Corporation
PORT
$7.39M 0.38%
700,000
-5,036
-0.7% -$53.1K
BYM
63
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$7.22M 0.37%
732,102
+279,955
+62% +$3.01M
SDHY
64
PGIM Short Duration High Yield Opportunities Fund
SDHY
$403M
$6.86M 0.36%
473,666
-63,962
-12% -$964K
BGH
65
Barings Global Short Duration High Yield Fund
BGH
$285M
$6.85M 0.36%
539,242
-25,347
-4% -$336K
GHY
66
PGIM Global High Yield Fund
GHY
$481M
$6.77M 0.35%
627,948
-239,254
-28% -$2.68M
AAC
67
DELISTED
Ares Acquisition Corporation
AAC
$6.77M 0.35%
628,776
-82,530
-12% -$879K
BENF icon
68
Beneficient
BENF
$41.1M
$6.58M 0.34%
3,880
– –
KMF
69
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
$6.3M 0.33%
884,899
+19,779
+2% +$146K
DSM
70
BNY Mellon Strategic Municipal Bond Fund
DSM
$290M
$6.07M 0.31%
1,221,668
+55,508
+5% +$305K
NKGN
71
DELISTED
NKGen Biotech, Inc. Common Stock
NKGN
$6.01M 0.31%
580,432
+74,325
+15% +$756K
MHF
72
Western Asset Municipal High Income Fund
MHF
$154M
$5.95M 0.31%
977,473
+183,661
+23% +$1.17M
LEO
73
BNY Mellon Strategic Municipals
LEO
$386M
$5.77M 0.3%
+1,082,992
New +$6.32M
MAV
74
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$5.7M 0.3%
847,167
+92,077
+12% +$699K
CPZ
75
Calamos Long/Short Equity & Dynamic Income Trust
CPZ
$268M
$5.65M 0.29%
381,996
+58,882
+18% +$902K
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 2023 Portfolio in Review

As of Q3 2023, Rivernorth Capital Management held 632 positions worth $1.93B, down 3.7% from $2B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management deployed $61.5M of net new capital in Q3 2023, opening 48 new positions and adding to 91 existing holdings. Its largest new stake was Nuveen Preferred & Income Opportunities Fund: 1,684,591 shares worth $10.7M.

By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 13% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was Barings BDC, an estimated $26.1M trimmed.

  • Rivernorth Capital Management's largest Q3 2023 buy was Nuveen Preferred & Income Opportunities Fund: 1,684,591 shares worth $10.7M.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Quality Municipal Income Fund in Q3 2023, an estimated $34.7M increase.
  • Rivernorth Capital Management's biggest Q3 2023 reduction was Barings BDC, cutting an estimated $26.1M.
  • Rivernorth Capital Management fully exited BlackRock Corporate High Yield Fund in Q3 2023, selling an estimated $9.1M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $1.93B portfolio in Q3 2023.
  • Rivernorth Capital Management opened 48 new positions and closed 87 in Q3 2023.
  • Rivernorth Capital Management's portfolio value fell 3.7% quarter-over-quarter to $1.93B.

Based on Rivernorth Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.