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
+0.81%
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
$22M
AUM Growth
+$19.7M
Cap. Flow
+$203M
Cap. Flow %
924.46%
Top 10 Hldgs %
88.42%
Holding
291
New
48
Increased
64
Reduced
62
Closed
33

Top Buys

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$29.4M
2
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$28.2M
3
AOD
abrdn Total Dynamic Dividend Fund
AOD
+$17.9M
4
MYI icon
BlackRock MuniYield Quality Fund III
MYI
+$17.8M
5
VGM icon
Invesco Trust Investment Grade Municipals
VGM
+$13.7M

Top Sells

Rank Stock Value
1
EAD
Allspring Income Opportunities Fund
EAD
+$10.3M
2
BTZ icon
BlackRock Credit Allocation Income Trust
BTZ
+$10.2M
3
EMD
Western Asset Emerging Markets Debt Fund
EMD
+$8.55M
4
CLM icon
Cornerstone Strategic Value Fund
CLM
+$8.33M
5
CRF
Cornerstone Total Return Fund
CRF
+$6.24M

Sector Composition

Rank Sector Weight
1 Financials 0.2%
2 Consumer Discretionary 0.03%
3 Communication Services 0.03%
4 Healthcare 0.03%
5 Energy 0.02%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MAV
101
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$4.04K 0.02%
+369,478
New +$4.03M
SWZ
102
Swiss Helvetia Fund
SWZ
$77.3M
$3.91K 0.02%
+486,441
New +$3.88M
HYB
103
DELISTED
New America High Income Fund, Inc.
HYB
$3.9K 0.02%
441,719
-120,729
-21% -$1.06M
MQT
104
DELISTED
BlackRock MuniYield Quality Fund II
MQT
$3.85K 0.02%
296,694
+269,969
+1,010% +$3.47M
NID
105
DELISTED
NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
$3.84K 0.02%
279,996
+15,154
+6% +$206K
FUND
106
Sprott Focus Trust
FUND
$312M
$3.83K 0.02%
569,056
+800
+0.1% +$5.4K
RMT
107
Royce Micro-Cap Trust
RMT
$758M
$3.68K 0.02%
457,823
+375,317
+455% +$3.02M
NIQ
108
DELISTED
NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
$3.68K 0.02%
269,233
+12,356
+5% +$168K
PXH icon
109
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.98B
$3.59K 0.02%
178,753
-8,900
-5% -$184K
IIM icon
110
Invesco Value Municipal Income Trust
IIM
$595M
$3.53K 0.02%
+229,788
New +$3.52M
HYT icon
111
BlackRock Corporate High Yield Fund
HYT
$1.37B
$3.51K 0.02%
326,298
-248,886
-43% -$2.65M
DTF
112
DTF Tax-Free Income 2028 Term Fund
DTF
$81.1M
$3.47K 0.02%
239,986
+20,785
+9% +$292K
JRO
113
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
$3.38K 0.02%
354,387
-17,390
-5% -$167K
PAACU
114
DELISTED
Proficient Alpha Acquisition Corp. Unit
PAACU
$3.25K 0.01%
325,000
– –
CCX.U
115
DELISTED
Churchill Capital Corp II
CCX.U
$3.15K 0.01%
300,000
– –
ANDAU
116
DELISTED
Andina Acquisition Corp. III Unit
ANDAU
$3.15K 0.01%
300,000
– –
LACQ
117
DELISTED
Leisure Acquisition Corp.
LACQ
$3.14K 0.01%
306,594
– –
SAMAU
118
DELISTED
Schultze Special Purpose Acquisition Corp. Unit
SAMAU
$3.1K 0.01%
300,000
– –
GRAF.U
119
DELISTED
Graf Industrial Corp. Units, each consisting of One share of Common Stock and One redeemable Warrant
GRAF.U
$3.09K 0.01%
300,000
– –
CHR icon
120
Cheer Holding
CHR
$3.41M
$3.05K 0.01%
+200
New +$3.03M
DDMX
121
DELISTED
DD3 Acquisition Corp. S A de CV
DDMX
$3.04K 0.01%
+300,000
New +$3.02M
KYN icon
122
Kayne Anderson Energy Infrastructure Fund
KYN
$2.45B
$3.04K 0.01%
210,192
-383,044
-65% -$5.68M
JMT
123
DELISTED
Nuveen Mortgage Opportunity Term Fund 2
JMT
$2.97K 0.01%
134,084
-80,023
-37% -$1.79M
EAD
124
Allspring Income Opportunities Fund
EAD
$379M
$2.87K 0.01%
348,463
-1,252,310
-78% -$10.3M
TRNE.U
125
DELISTED
Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of
TRNE.U
$2.85K 0.01%
275,000
– –
3 4
5
6 7

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 2019 Portfolio in Review

As of Q3 2019, Rivernorth Capital Management held 291 positions worth $22M, up 856% from $2.3M the previous quarter. Its ten largest holdings account for 88% of the portfolio.

Rivernorth Capital Management deployed $203M of net new capital in Q3 2019, opening 48 new positions and adding to 64 existing holdings. Its largest new stake was abrdn Total Dynamic Dividend Fund: 2,174,846 shares worth $18.1K.

By sector, the portfolio is most concentrated in Financials at 0.2% of assets, down from 1.9% a quarter earlier, followed by Consumer Discretionary and Communication Services.

On the sell side, the largest reduction was Allspring Income Opportunities Fund, an estimated $10.3M trimmed.

  • Rivernorth Capital Management's largest Q3 2019 buy was abrdn Total Dynamic Dividend Fund: 2,174,846 shares worth $18.1K.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Quality Municipal Income Fund in Q3 2019, an estimated $29.4M increase.
  • Rivernorth Capital Management's biggest Q3 2019 reduction was Allspring Income Opportunities Fund, cutting an estimated $10.3M.
  • Rivernorth Capital Management fully exited Goldman Sachs MLP Energy Renaissance Fund in Q3 2019, selling an estimated $16.9K.
  • Rivernorth Capital Management's ten largest holdings make up 88% of its $22M portfolio in Q3 2019.
  • Rivernorth Capital Management opened 48 new positions and closed 33 in Q3 2019.
  • Rivernorth Capital Management's portfolio value rose 856% quarter-over-quarter to $22M.

Based on Rivernorth Capital Management's 13F filing for Q3 2019, filed 14 Nov 2019.