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
+8.69%
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
$1.52B
AUM Growth
-$160M
Cap. Flow
-$284M
Cap. Flow %
-18.72%
Top 10 Hldgs %
30.38%
Holding
315
New
23
Increased
46
Reduced
77
Closed
81

Top Buys

Rank Stock Value
1
EHI
Western Asset Global High Income Fund
EHI
+$10.6M
2
VTA
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
+$10.6M
3
MYI icon
BlackRock MuniYield Quality Fund III
MYI
+$8.55M
4
JQC icon
Nuveen Credit Strategies Income Fund
JQC
+$7.34M
5
EFT
Eaton Vance Floating-Rate Income Trust
EFT
+$7.1M

Top Sells

Rank Stock Value
1
FSK icon
FS KKR Capital
FSK
+$17.4M
2
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$15.2M
3
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$14.8M
4
HYT icon
BlackRock Corporate High Yield Fund
HYT
+$14.1M
5
NXDT
NexPoint Diversified Real Estate Trust
NXDT
+$13.7M

Sector Composition

Rank Sector Weight
1 Financials 3.18%
2 Consumer Discretionary 0.9%
3 Technology 0.67%
4 Healthcare 0.37%
5 Energy 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NBW
76
DELISTED
Neuberger Berman California Municipal Fund Inc.
NBW
$5.45M 0.36%
417,975
+126,294
+43% +$1.6M
NKX icon
77
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$661M
$4.87M 0.32%
349,786
-38,199
-10% -$512K
SPE.PRB
78
DELISTED
Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
$4.79M 0.32%
191,280
– –
ZF
79
DELISTED
Virtus Total Return Fund Inc.
ZF
$4.66M 0.31%
463,710
-339,577
-42% -$3.2M
PHD
80
DELISTED
Pioneer Floating Rate Fund
PHD
$4.32M 0.28%
415,513
+67,644
+19% +$704K
CRF
81
Cornerstone Total Return Fund
CRF
$1.17B
$4.26M 0.28%
362,569
-182,093
-33% -$2.11M
PACK icon
82
Ranpak Holdings
PACK
$446M
$4.08M 0.27%
398,073
– –
AFT
83
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
$4.07M 0.27%
274,383
-2,664
-1% -$39.4K
LOR
84
DELISTED
Lazard World Dividend & Income Fund, Inc.
LOR
$4.05M 0.27%
408,678
-124,684
-23% -$1.19M
PXH icon
85
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.98B
$4.02M 0.26%
187,653
– –
AVCT
86
DELISTED
American Virtual Cloud Technologies, Inc. Common Stock
AVCT
$4M 0.26%
26,000
+14,334
+123% +$2.19M
NSL
87
DELISTED
NUVEEN SENIOR INCM FD
NSL
$3.99M 0.26%
688,605
-30,175
-4% -$176K
BSE
88
DELISTED
BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST
BSE
$3.91M 0.26%
304,532
-159,657
-34% -$2.01M
EXD
89
DELISTED
Eaton Vance TaxManaged Buy-Write Strategy Fund
EXD
$3.86M 0.25%
416,486
+81,713
+24% +$751K
SPE
90
Special Opportunities Fund
SPE
$144M
$3.68M 0.24%
287,064
+93,766
+49% +$1.16M
BYM
91
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$3.54M 0.23%
263,978
-5,700
-2% -$75.2K
EGIF
92
DELISTED
Eagle Growth and Income Opportunities Fund
EGIF
$3.5M 0.23%
227,990
-413,716
-64% -$6.06M
GDO
93
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77.3M
$3.48M 0.23%
211,119
-220,837
-51% -$3.58M
NIQ
94
DELISTED
NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
$3.35M 0.22%
256,527
-108,760
-30% -$1.39M
NBO
95
DELISTED
Neuberger Berman New York Municipal Fund Inc.
NBO
$3.23M 0.21%
260,180
-83,916
-24% -$986K
LEO
96
BNY Mellon Strategic Municipals
LEO
$387M
$3.18M 0.21%
402,731
-426,471
-51% -$3.28M
TKKSU
97
DELISTED
TKK Symphony Acquisition Corporation Unit
TKKSU
$3.08M 0.2%
300,000
– –
LACQ
98
DELISTED
Leisure Acquisition Corp.
LACQ
$3.08M 0.2%
306,594
– –
DDMXU
99
DELISTED
DD3 Acquisition Corp. Units
DDMXU
$3.04M 0.2%
300,000
– –
GRAF.U
100
DELISTED
Graf Industrial Corp. Units, each consisting of One share of Common Stock and One redeemable Warrant
GRAF.U
$3.04M 0.2%
300,000
– –
2 3
4
5 6

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 2019 Portfolio in Review

As of Q1 2019, Rivernorth Capital Management held 315 positions worth $1.52B, down 9.6% from $1.68B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Rivernorth Capital Management withdrew a net $284M in Q1 2019, closing 81 positions and reducing 77 holdings. Its most notable exit was Nuveen Preferred & Income Securities Fund, an estimated $15.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 3.2% of assets, down from 4.3% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Rivernorth Capital Management opened a new position in BlackRock MuniYield Quality Fund III worth $8.83M.

  • Rivernorth Capital Management's largest Q1 2019 buy was BlackRock MuniYield Quality Fund III: 683,169 shares worth $8.83M.
  • Rivernorth Capital Management added most to Western Asset Global High Income Fund in Q1 2019, an estimated $10.6M increase.
  • Rivernorth Capital Management's biggest Q1 2019 reduction was FS KKR Capital, cutting an estimated $17.4M.
  • Rivernorth Capital Management fully exited Nuveen Preferred & Income Securities Fund in Q1 2019, selling an estimated $15.2M.
  • Rivernorth Capital Management's ten largest holdings make up 30% of its $1.52B portfolio in Q1 2019.
  • Rivernorth Capital Management opened 23 new positions and closed 81 in Q1 2019.
  • Rivernorth Capital Management's portfolio value fell 9.6% quarter-over-quarter to $1.52B.

Based on Rivernorth Capital Management's 13F filing for Q1 2019, filed 15 May 2019.