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
+2.65%
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
$1.62B
AUM Growth
-$143M
Cap. Flow
-$274M
Cap. Flow %
-16.98%
Top 10 Hldgs %
30.32%
Holding
425
New
161
Increased
45
Reduced
86
Closed
91

Top Buys

Rank Stock Value
1
HIX
Western Asset High Income Fund II
HIX
+$16.6M
2
OCSL icon
Oaktree Specialty Lending
OCSL
+$13.7M
3
BCSF icon
Bain Capital Specialty
BCSF
+$11M
4
FIV
First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest
FIV
+$9.21M
5
CPZ
Calamos Long/Short Equity & Dynamic Income Trust
CPZ
+$8.1M

Top Sells

Rank Stock Value
1
GBDC icon
Golub Capital BDC
GBDC
+$31.3M
2
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$26M
3
HFRO
Highland Opportunities and Income Fund
HFRO
+$17.9M
4
EIM
Eaton Vance Municipal Bond Fund
EIM
+$17.2M
5
SABA
Saba Capital Income & Opportunities Fund II
SABA
+$14.9M

Sector Composition

Rank Sector Weight
1 Financials 8.07%
2 Technology 1.29%
3 Consumer Discretionary 1%
4 Industrials 0.91%
5 Healthcare 0.66%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FSLF
76
DELISTED
First Eagle Senior Loan Fund
FSLF
$4.55M 0.28%
+367,079
New +$4.49M
VLT icon
77
Invesco High Income Trust II
VLT
$65.6M
$4.45M 0.28%
362,541
-32,275
-8% -$401K
PMO
78
Franklin Municipal Opportunities Trust
PMO
$285M
$4.4M 0.27%
338,910
-256,995
-43% -$3.42M
RGT
79
Royce Global Value Trust
RGT
$101M
$4.34M 0.27%
353,825
+331,902
+1,514% +$4.15M
FEN
80
DELISTED
First Trust Energy Income and Growth Fund
FEN
$4.34M 0.27%
478,629
+241,591
+102% +$2.41M
AVK
81
Advent Convertible and Income Fund
AVK
$569M
$4.3M 0.27%
319,887
-1,654
-0.5% -$22.4K
EAD
82
Allspring Income Opportunities Fund
EAD
$381M
$4.16M 0.26%
570,024
-1,316,958
-70% -$9.73M
SPE.PRB
83
DELISTED
Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
$4.07M 0.25%
161,353
-500
-0.3% -$12.7K
MVC
84
DELISTED
MVC Capital, Inc.
MVC
$4.05M 0.25%
+518,323
New +$3.77M
FUND
85
Sprott Focus Trust
FUND
$319M
$4.03M 0.25%
676,858
+78,419
+13% +$484K
THCA
86
DELISTED
Tuscan Holdings Corp. II Common Stock
THCA
$3.99M 0.25%
+399,998
New +$4M
MUC icon
87
BlackRock MuniHoldings California Quality Fund
MUC
$1.02B
$3.97M 0.25%
283,888
-500,790
-64% -$7.23M
DUC
88
DELISTED
Duff & Phelps Utility & Corporate Bond Trust
DUC
$3.95M 0.24%
427,641
+397,020
+1,297% +$3.7M
LFLY
89
DELISTED
Leafly Holdings, Inc. Common Stock
LFLY
$3.85M 0.24%
19,460
– –
MVF
90
DELISTED
BlackRock MuniVest Fund
MVF
$3.64M 0.23%
419,302
+13,200
+3% +$115K
CHI
91
Calamos Convertible Opportunities and Income Fund
CHI
$1.06B
$3.59M 0.22%
+326,079
New +$3.66M
CCIV.U
92
DELISTED
Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth
CCIV.U
$3.56M 0.22%
+355,000
New +$3.55M
AEVA
93
Aeva Technologies
AEVA
$1.68B
$3.5M 0.22%
+70,000
New +$3.48M
BSL
94
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$171M
$3.48M 0.22%
253,277
+82,460
+48% +$1.1M
GLQ
95
Clough Global Equity Fund
GLQ
$157M
$3.48M 0.22%
309,974
+6,173
+2% +$70.9K
PSTH
96
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
$3.4M 0.21%
+150,000
New +$3.37M
BSTZ icon
97
BlackRock Science and Technology Term Trust
BSTZ
$2.06B
$3.29M 0.2%
+128,192
New +$3.2M
SKIL icon
98
Skillsoft
SKIL
$84.4M
$3.14M 0.19%
+14,897
New +$3.22M
ETWO
99
DELISTED
E2open Parent Holdings
ETWO
$3.12M 0.19%
+299,997
New +$3.09M
BIT icon
100
BlackRock Multi-Sector Income Trust
BIT
$702M
$3.03M 0.19%
191,975
-282,440
-60% -$4.41M
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 Q3 2020 Portfolio in Review

As of Q3 2020, Rivernorth Capital Management held 425 positions worth $1.62B, down 8.2% from $1.76B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Rivernorth Capital Management withdrew a net $274M in Q3 2020, closing 91 positions and reducing 86 holdings. Its most notable exit was Virtus Dividend, Interest & Premium Strategy Fund, an estimated $8.76M position sold in full.

By sector, the portfolio is most concentrated in Financials at 8.1% of assets, up from 5.7% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Rivernorth Capital Management opened a new position in First Eagle Senior Loan Fund worth $4.55M.

  • Rivernorth Capital Management's largest Q3 2020 buy was First Eagle Senior Loan Fund: 367,079 shares worth $4.55M.
  • Rivernorth Capital Management added most to Western Asset High Income Fund II in Q3 2020, an estimated $16.6M increase.
  • Rivernorth Capital Management's biggest Q3 2020 reduction was Golub Capital BDC, cutting an estimated $31.3M.
  • Rivernorth Capital Management fully exited Virtus Dividend, Interest & Premium Strategy Fund in Q3 2020, selling an estimated $8.76M.
  • Rivernorth Capital Management's ten largest holdings make up 30% of its $1.62B portfolio in Q3 2020.
  • Rivernorth Capital Management opened 161 new positions and closed 91 in Q3 2020.
  • Rivernorth Capital Management's portfolio value fell 8.2% quarter-over-quarter to $1.62B.

Based on Rivernorth Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.