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
PAFOR
851
DELISTED
Pacifico Acquisition Corp. Rights
PAFOR
– –
-115,000
Closed -$32K
GSEVW
852
DELISTED
Gores Holdings VII, Inc. Warrant
GSEVW
– –
-448,312
Closed -$54K
AAQC
853
DELISTED
Accelerate Acquisition Corp
AAQC
– –
-99,996
Closed -$984K
GHAC
854
DELISTED
Gaming & Hospitality Acquisition Corp. Class A Common Stock
GHAC
– –
-40,000
Closed -$394K
GSEVU
855
DELISTED
Gores Holdings VII, Inc. Units
GSEVU
– –
-330,807
Closed -$3.25M
GTPAW
856
DELISTED
Gores Technology Partners, Inc. Warrant
GTPAW
– –
-373,196
Closed -$71K
GTPA
857
DELISTED
Gores Technology Partners, Inc. Class A Common Stock
GTPA
– –
-342,500
Closed -$3.37M
GTPB
858
DELISTED
Gores Technology Partners II, Inc. Class A Common
GTPB
– –
-630,203
Closed -$6.19M
GTPBW
859
DELISTED
Gores Technology Partners II, Inc. Warrant
GTPBW
– –
-759,096
Closed -$121K
GSEV
860
DELISTED
Gores Holdings VII, Inc. Class A Common Stock
GSEV
– –
-665,659
Closed -$6.56M
JOFFW
861
DELISTED
JOFF Fintech Acquisition Corp. Warrant
JOFFW
– –
-16,600
Closed -$1K
JOFF
862
DELISTED
JOFF Fintech Acquisition Corp. Class A Common Stock
JOFF
– –
-50,000
Closed -$493K
KAHC.U
863
DELISTED
KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant
KAHC.U
– –
-185,247
Closed -$1.83M
KAHC
864
DELISTED
KKR Acquisition Holdings I Corp.
KAHC
– –
-936,639
Closed -$9.22M
LGV
865
DELISTED
Longview Acquisition Corp. II
LGV
– –
-231,845
Closed -$2.28M
LGV.U
866
DELISTED
Longview Acquisition Corp. II Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant
LGV.U
– –
-209,336
Closed -$2.06M
PCPC
867
DELISTED
Periphas Capital Partnering Corporation
PCPC
– –
-39,996
Closed -$991K
EPWR
868
DELISTED
Empowerment & Inclusion Capital I Corp.
EPWR
– –
-47,120
Closed -$466K
BLTSW
869
DELISTED
Bright Lights Acquisition Corp. Warrant
BLTSW
– –
-19,406
Closed -$1K
BSKYW
870
DELISTED
Big Sky Growth Partners, Inc. Warrant
BSKYW
– –
-24,571
Closed -$2K
BSKY
871
DELISTED
Big Sky Growth Partners, Inc. Class A Common Stock
BSKY
– –
-98,284
Closed -$961K
VENAW
872
DELISTED
Venus Acquisition Corporation Warrant
VENAW
– –
-99,999
Closed -$2K
BLTS
873
DELISTED
Bright Lights Acquisition Corp. Class A Common Stock
BLTS
– –
-38,812
Closed -$385K
VENAR
874
DELISTED
Venus Acquisition Corporation Rights
VENAR
– –
-99,999
Closed -$31K
CND
875
DELISTED
Concord Acquisition Corp.
CND
– –
-44,998
Closed -$452K
33 34
35
36 37

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.