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
-6.48%
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
$1.93B
AUM Growth
-$73.9M
Cap. Flow
+$61.5M
Cap. Flow %
3.19%
Top 10 Hldgs %
31.01%
Holding
632
New
48
Increased
91
Reduced
80
Closed
87

Top Buys

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$34.7M
2
MHD icon
BlackRock MuniHoldings Fund
MHD
+$19.3M
3
BLE
BlackRock Municipal Income Trust II
BLE
+$14M
4
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$13.2M
5
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$13M

Top Sells

Rank Stock Value
1
BBDC icon
Barings BDC
BBDC
+$26.1M
2
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$16.6M
3
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$15.9M
4
PDO
PIMCO Dynamic Income Opportunities Fund
PDO
+$15.8M
5
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$13.3M

Sector Composition

Rank Sector Weight
1 Financials 12.36%
2 Healthcare 1.47%
3 Technology 1.18%
4 Industrials 1.07%
5 Consumer Discretionary 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CCV
101
DELISTED
Churchill Capital Corp V
CCV
$4.16M 0.22%
400,253
+121,548
+44% +$1.25M
IXAQ
102
DELISTED
IX Acquisition Corp. Class A Ordinary Share
IXAQ
$4.09M 0.21%
375,000
– –
BBN icon
103
BlackRock Taxable Municipal Bond Trust
BBN
$985M
$4.07M 0.21%
268,642
+133,611
+99% +$2.13M
KTF
104
DWS Municipal Income Trust
KTF
$353M
$3.88M 0.2%
503,721
+330,864
+191% +$2.78M
BRAC
105
DELISTED
Broad Capital Acquisition Corp Common Stock
BRAC
$3.85M 0.2%
350,000
– –
EVM
106
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
$3.77M 0.2%
464,494
+405,813
+692% +$3.54M
CTOR
107
Citius Oncology
CTOR
$67.9M
$3.77M 0.2%
350,000
– –
MIY icon
108
BlackRock MuniYield Michigan Quality Fund
MIY
$361M
$3.77M 0.2%
379,338
+22,256
+6% +$240K
GLO
109
Clough Global Opportunities Fund
GLO
$257M
$3.77M 0.2%
850,067
+28,480
+3% +$138K
AACI
110
DELISTED
Armada Acquisition Corp. I Common Stock
AACI
$3.75M 0.19%
350,000
– –
SZZL
111
DELISTED
Sizzle Acquisition Corp. Common stock
SZZL
$3.7M 0.19%
340,774
– –
SBI
112
Western Asset Intermediate Muni Fund
SBI
$107M
$3.66M 0.19%
511,109
-61,309
-11% -$461K
NCA icon
113
Nuveen California Municipal Value Fund
NCA
$304M
$3.5M 0.18%
425,712
-96,993
-19% -$831K
CLOE
114
DELISTED
Clover Leaf Capital Corp. Class A Common Stock
CLOE
$3.42M 0.18%
300,000
– –
AEON icon
115
AEON Biopharma
AEON
$13.3M
$3.4M 0.18%
+4,367
New +$2M
BTZ icon
116
BlackRock Credit Allocation Income Trust
BTZ
$956M
$3.39M 0.18%
350,663
+7,412
+2% +$74.4K
FMN
117
Federated Hermes Premier Municipal Income Fund
FMN
$87.1M
$3.21M 0.17%
336,877
+21,839
+7% +$225K
WDI
118
Western Asset Diversified Income Fund
WDI
$685M
$3.18M 0.17%
240,368
-473,659
-66% -$6.46M
CXE
119
DELISTED
MFS High Income Municipal Trust
CXE
$3.15M 0.16%
1,009,600
+423,982
+72% +$1.45M
MNP
120
DELISTED
Western Asset Municipal Partners Fund, Inc.
MNP
$3.14M 0.16%
297,105
+105,988
+55% +$1.21M
WRAC
121
DELISTED
Williams Rowland Acquisition Corp.
WRAC
$3.11M 0.16%
297,000
– –
BACA
122
DELISTED
Berenson Acquisition Corp. I
BACA
$2.94M 0.15%
285,715
– –
JPI
123
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
$2.91M 0.15%
169,728
+126,952
+297% +$2.19M
NETD
124
DELISTED
Nabors Energy Transition Corp II
NETD
$2.9M 0.15%
+284,998
New +$2.9M
MBTC
125
DELISTED
Nocturne Acquisition Corporation Ordinary Shares
MBTC
$2.89M 0.15%
246,352
– –
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 2023 Portfolio in Review

As of Q3 2023, Rivernorth Capital Management held 632 positions worth $1.93B, down 3.7% from $2B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management deployed $61.5M of net new capital in Q3 2023, opening 48 new positions and adding to 91 existing holdings. Its largest new stake was Nuveen Preferred & Income Opportunities Fund: 1,684,591 shares worth $10.7M.

By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 13% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was Barings BDC, an estimated $26.1M trimmed.

  • Rivernorth Capital Management's largest Q3 2023 buy was Nuveen Preferred & Income Opportunities Fund: 1,684,591 shares worth $10.7M.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Quality Municipal Income Fund in Q3 2023, an estimated $34.7M increase.
  • Rivernorth Capital Management's biggest Q3 2023 reduction was Barings BDC, cutting an estimated $26.1M.
  • Rivernorth Capital Management fully exited BlackRock Corporate High Yield Fund in Q3 2023, selling an estimated $9.1M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $1.93B portfolio in Q3 2023.
  • Rivernorth Capital Management opened 48 new positions and closed 87 in Q3 2023.
  • Rivernorth Capital Management's portfolio value fell 3.7% quarter-over-quarter to $1.93B.

Based on Rivernorth Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.