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
MONCW
826
DELISTED
Monument Circle Acquisition Corp. Warrant
MONCW
– –
-29,999
Closed -$2K
FPAC.WS
827
DELISTED
Far Peak Acquisition Corporation Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
FPAC.WS
– –
-65,099
Closed -$14K
MON
828
DELISTED
Monument Circle Acquisition Corp. Class A Common Stock
MON
– –
-59,998
Closed -$593K
DILAW
829
DELISTED
DILA Capital Acquisition Corp. Warrant
DILAW
– –
-200,000
Closed -$8K
AFAQW
830
DELISTED
AF Acquisition Corp Warrants
AFAQW
– –
-69,508
Closed -$6K
DILA
831
DELISTED
DILA Capital Acquisition Corp. Class A Common Stock
DILA
– –
-200,000
Closed -$1.99M
PSAG
832
DELISTED
Property Solutions Acquisition Corporation II Class A Common Stock
PSAG
– –
-299,992
Closed -$2.95M
PSAGW
833
DELISTED
Property Solutions Acquisition Corporation II Warrant
PSAGW
– –
-74,998
Closed -$10K
EQHA
834
DELISTED
EQ Health Acquisition Corp.
EQHA
– –
-24,996
Closed -$247K
HCICW
835
DELISTED
Hennessy Capital Investment Corp. V Warrant
HCICW
– –
-86,889
Closed -$9K
HCII
836
DELISTED
Hudson Executive Investment Corp. II Class A Common Stock
HCII
– –
-64,000
Closed -$631K
SCOAW
837
DELISTED
ScION Tech Growth I Warrant
SCOAW
– –
-57,911
Closed -$2K
SCOAU
838
DELISTED
ScION Tech Growth I Unit
SCOAU
– –
-40,000
Closed -$398K
SCOA
839
DELISTED
ScION Tech Growth I Class A Ordinary Shares
SCOA
– –
-174,333
Closed -$1.74M
SHQA
840
DELISTED
Shelter Acquisition Corporation I Class A Common Stock
SHQA
– –
-99,998
Closed -$990K
SHQAW
841
DELISTED
Shelter Acquisition Corporation I Warrants
SHQAW
– –
-49,999
Closed -$3K
ARGUU
842
DELISTED
Argus Capital Corp. Unit
ARGUU
– –
-25,000
Closed -$253K
COVAW
843
DELISTED
COVA Acquisition Corp. Warrants to purchase Class A ordinary shares
COVAW
– –
-12,500
Closed –
COVA
844
DELISTED
COVA Acquisition Corp. Class A Ordinary Share
COVA
– –
-25,000
Closed -$249K
ZVSAW
845
DELISTED
ZyVersa Therapeutics, Inc. Warrants
ZVSAW
– –
-206,247
Closed -$25K
OSTRW
846
DELISTED
Oyster Enterprises Acquisition Corp. Warrant
OSTRW
– –
-37,499
Closed -$6K
OSTR
847
DELISTED
Oyster Enterprises Acquisition Corp. Class A Common Stock
OSTR
– –
-74,998
Closed -$741K
ATA.WS
848
DELISTED
Americas Technology Acquisition Corp.Redeemable Warrants, each whole warrant exercisable for one Ordinary Share at an exercise price of $11.50
ATA.WS
– –
-36,529
Closed -$2K
GLHAU
849
DELISTED
Glass Houses Acquisition Corp. Unit
GLHAU
– –
-14,693
Closed -$145K
PAFO
850
DELISTED
Pacifico Acquisition Corp. Common Stock
PAFO
– –
-115,000
Closed -$1.16M
32 33
34
35 36

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.