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
LIVB
126
DELISTED
LIV Capital Acquisition Corp. II Class A Ordinary Shares
LIVB
$2.88M 0.15%
265,152
– –
SUAC
127
DELISTED
ShoulderUp Technology Acquisition Corp.
SUAC
$2.77M 0.14%
+263,000
New +$2.78M
WTMA
128
DELISTED
Welsbach Technology Metals Acquisition Corp. Common Stock
WTMA
$2.76M 0.14%
255,425
-66,708
-21% -$716K
RFAC
129
DELISTED
RF Acquisition Corp. Class A Common Stock
RFAC
$2.75M 0.14%
258,463
– –
DHAI
130
DELISTED
DIH Holdings US
DHAI
$2.7M 0.14%
9,955
-1,600
-14% -$430K
NBST
131
DELISTED
Newbury Street Acquisition Corporation Common Stock
NBST
$2.67M 0.14%
254,203
– –
YOTA
132
DELISTED
Yotta Acquisition Corporation Common Stock
YOTA
$2.66M 0.14%
248,680
-60,341
-20% -$638K
QOMO
133
DELISTED
Qomolangma Acquisition Corp. Common Stock
QOMO
$2.65M 0.14%
250,000
– –
AMCI
134
AMC Robotics
AMCI
$100M
$2.64M 0.14%
250,000
– –
OSRH
135
OSR Health
OSRH
$13.6M
$2.6M 0.13%
250,000
– –
SDST
136
Stardust Power Inc
SDST
$7.51M
$2.49M 0.13%
23,049
– –
MHN
137
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$2.48M 0.13%
271,467
+64,460
+31% +$645K
KSM
138
DELISTED
DWS Strategic Municipal Income Trust
KSM
$2.48M 0.13%
+328,027
New +$2.69M
PGP
139
PIMCO Global StockPLUS & Income Fund
PGP
$101M
$2.47M 0.13%
373,076
-10,494
-3% -$75.3K
OHAA
140
DELISTED
OPY Acquisition Corp. I Class A Common Stock
OHAA
$2.4M 0.12%
230,000
– –
PNI
141
PIMCO New York Municipal Income Fund II
PNI
$78M
$2.37M 0.12%
368,861
+928
+0.3% +$6.76K
EVN
142
Eaton Vance Municipal Income Trust
EVN
$430M
$2.34M 0.12%
262,882
+131,255
+100% +$1.27M
ZCAR
143
DELISTED
Zoomcar
ZCAR
$2.33M 0.12%
105
-8
-7% -$179K
BNY
144
DELISTED
BlackRock New York Municipal Income Trust
BNY
$2.31M 0.12%
254,110
+108,099
+74% +$1.07M
CMU
145
DELISTED
MFS High Yield Municipal Trust
CMU
$2.28M 0.12%
722,770
-286,994
-28% -$937K
HSPO
146
DELISTED
Horizon Space Acquisition I Corp
HSPO
$2.27M 0.12%
214,834
– –
JFR icon
147
Nuveen Floating Rate Income Fund
JFR
$1.26B
$2.26M 0.12%
+275,798
New +$2.22M
LBBB
148
DELISTED
Lakeshore Acquisition II Corp. Ordinary Shares
LBBB
$2.2M 0.11%
202,370
– –
WEL
149
DELISTED
Integrated Wellness Acquisition Corp
WEL
$2.19M 0.11%
199,998
– –
GDNR
150
DELISTED
Gardiner Healthcare Acquisitions Corp. Common Stock
GDNR
$2.17M 0.11%
200,000
– –
4 5
6
7 8

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.