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
+0.01%
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
$1.88B
AUM Growth
-$193M
Cap. Flow
-$191M
Cap. Flow %
-10.13%
Top 10 Hldgs %
26.86%
Holding
449
New
40
Increased
54
Reduced
68
Closed
89

Top Buys

Rank Stock Value
1
NQP
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
+$6.71M
2
FGMCU
FG Merger II Corp Unit
FGMCU
+$6.3M
3
BTX
BlackRock Technology and Private Equity Term Trust
BTX
+$6.17M
4
PMX
PIMCO Municipal Income Fund III
PMX
+$5.82M
5
BINC icon
BlackRock Flexible Income ETF
BINC
+$5.69M

Top Sells

Rank Stock Value
1
BCAT icon
BlackRock Capital Allocation Term Trust
BCAT
+$27.2M
2
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$22.7M
3
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$22M
4
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$18.1M
5
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$15M

Sector Composition

Rank Sector Weight
1 Financials 9.55%
2 Industrials 0.58%
3 Consumer Staples 0.28%
4 Energy 0.27%
5 Utilities 0.22%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SDHY
51
PGIM Short Duration High Yield Opportunities Fund
SDHY
$403M
$10.7M 0.57%
649,178
-64,084
-9% -$1.06M
SBI
52
Western Asset Intermediate Muni Fund
SBI
$107M
$9.54M 0.51%
1,223,607
-319,136
-21% -$2.5M
BCX icon
53
BlackRock Resources & Commodities Strategy Trust
BCX
$964M
$9.53M 0.51%
1,021,566
-130,139
-11% -$1.18M
GLQ
54
Clough Global Equity Fund
GLQ
$157M
$9.22M 0.49%
1,465,302
+376,302
+35% +$2.52M
DMB
55
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$195M
$9.15M 0.49%
865,594
+144,471
+20% +$1.53M
CPZ
56
Calamos Long/Short Equity & Dynamic Income Trust
CPZ
$268M
$9.01M 0.48%
578,930
-4,718
-0.8% -$72.9K
MYN icon
57
BlackRock MuniYield New York Quality Fund
MYN
$376M
$8.95M 0.48%
901,809
-14,000
-2% -$142K
BYM
58
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$8.85M 0.47%
820,515
+58,630
+8% +$649K
DSM
59
BNY Mellon Strategic Municipal Bond Fund
DSM
$290M
$8.75M 0.46%
1,515,874
-19,123
-1% -$113K
LEGT
60
DELISTED
Legato Merger Corp III
LEGT
$8.23M 0.44%
784,752
– –
NBH
61
Neuberger Municipal Fund Inc
NBH
$302M
$8.22M 0.44%
790,858
-75,200
-9% -$792K
MHN
62
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$7.56M 0.4%
744,895
-325,678
-30% -$3.39M
NQP
63
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$7.33M 0.39%
653,641
+585,828
+864% +$6.71M
EIM
64
Eaton Vance Municipal Bond Fund
EIM
$497M
$7.33M 0.39%
735,044
-236,913
-24% -$2.41M
VKI icon
65
Invesco Advantage Municipal Income Trust II
VKI
$398M
$6.91M 0.37%
809,034
-480,971
-37% -$4.23M
PCK
66
DELISTED
Pimco California Municipal Income Fund II
PCK
$6.83M 0.36%
1,211,000
+149,690
+14% +$864K
PCQ
67
Pimco California Municipal Income Fund
PCQ
$168M
$6.72M 0.36%
759,403
+133,172
+21% +$1.21M
CMU
68
DELISTED
MFS High Yield Municipal Trust
CMU
$6.68M 0.35%
1,914,727
+567,613
+42% +$2.01M
PMF
69
DELISTED
PIMCO Municipal Income Fund
PMF
$6.29M 0.33%
711,719
+181,643
+34% +$1.64M
FGMCU
70
DELISTED
FG Merger II Corp Unit
FGMCU
$6.28M 0.33%
+642,969
New +$6.3M
NUW icon
71
Nuveen AMT-Free Municipal Value Fund
NUW
$251M
$6.21M 0.33%
452,238
-56,639
-11% -$781K
ALDFU
72
Aldel Financial II Inc Units
ALDFU
$6.15M 0.33%
600,000
– –
EMD
73
Western Asset Emerging Markets Debt Fund
EMD
$610M
$6.11M 0.32%
617,883
-76,483
-11% -$752K
LPBB
74
Launch Two Acquisition Corp
LPBB
$310M
$6.07M 0.32%
600,000
– –
HSPTU
75
DELISTED
Horizon Space Acquisition II Corp Units
HSPTU
$6.06M 0.32%
595,000
– –
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 Q1 2025 Portfolio in Review

As of Q1 2025, Rivernorth Capital Management held 449 positions worth $1.88B, down 9.3% from $2.08B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Rivernorth Capital Management withdrew a net $191M in Q1 2025, closing 89 positions and reducing 68 holdings. Its most notable exit was SK Growth Opportunities Corporation Class A Common Stock, an estimated $11.6M position sold in full.

By sector, the portfolio is most concentrated in Financials at 9.6% of assets, down from 11% a quarter earlier, followed by Industrials and Consumer Staples.

Against the trend, Rivernorth Capital Management opened a new position in FG Merger II Corp Unit worth $6.28M.

  • Rivernorth Capital Management's largest Q1 2025 buy was FG Merger II Corp Unit: 642,969 shares worth $6.28M.
  • Rivernorth Capital Management added most to Nuveen Pennsylvania Quality Municipal Income Fund in Q1 2025, an estimated $6.71M increase.
  • Rivernorth Capital Management's biggest Q1 2025 reduction was BlackRock Capital Allocation Term Trust, cutting an estimated $27.2M.
  • Rivernorth Capital Management fully exited SK Growth Opportunities Corporation Class A Common Stock in Q1 2025, selling an estimated $11.6M.
  • Rivernorth Capital Management's ten largest holdings make up 27% of its $1.88B portfolio in Q1 2025.
  • Rivernorth Capital Management opened 40 new positions and closed 89 in Q1 2025.
  • Rivernorth Capital Management's portfolio value fell 9.3% quarter-over-quarter to $1.88B.

Based on Rivernorth Capital Management's 13F filing for Q1 2025, filed 15 May 2025.