RiverNorth Active Income ETF
CEFZ
29 hedge funds and large institutions have $20.6M invested in RiverNorth Active Income ETF in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
32% more funds holding
Funds holding: 22 → 29 (+7)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
2% more capital invested
Capital invested by funds: $20.3M → $20.6M (+$312K)
0.52% less ownership
Funds ownership: 56.73% → 56.21% (-0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$917K |
| 2 |
GS
GTS Securities
New York
|
+$371K |
| 3 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
+$198K |
| 4 |
GLR
Great Lakes Retirement
Sandusky,
Ohio
|
+$171K |
| 5 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$586K |
| 2 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
-$469K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$203K |
| 4 |
Jane Street
New York
|
-$148K |
| 5 |
PAS
Park Avenue Securities
New York
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APW
26
Aventura Private Wealth
Aventura,
Florida
| $3.14K | – | – | – |
|
|
Q1WB
27
Quest 10 Wealth Builders
Fuquay-Varina,
Virginia
| $1.34K | +$1.34K | +164 | New |
|
|
TCM
28
Triumph Capital Management
Denver,
Colorado
| $205 | +$205 | +25 | New |
|
|
DFA
29
DHJJ Financial Advisors
Naperville,
Illinois
| $60 | – | – | – |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$586K | -71,494 | Closed |
|
|
PPW
31
Pasadena Private Wealth
Pasadena,
California
| – | -$469K | -57,195 | Closed |
|
|
32
Jane Street
New York
| – | -$148K | -18,004 | Closed |
|
33
LPL Financial
San Diego,
California
| – | -$113K | -13,830 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$1.9K | -232 | Closed |
|
CEFZ Hedge Fund Activity: Q4 2025 in Review
29 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Active Income ETF (CEFZ) for Q4 2025, worth a combined $20.6M — up 1.5% from $20.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CEFZ positions and 5 closed out — a net gain of 7 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $917K. The largest seller was Citadel Advisors, exiting entirely with an estimated $586K sold.
- 29 institutional investors held RiverNorth Active Income ETF (CEFZ) as of Q4 2025, up from 22 in Q3 2025.
- Funds reported $20.6M of RiverNorth Active Income ETF stock for Q4 2025, up 1.5% quarter-over-quarter.
- 12 funds opened new RiverNorth Active Income ETF positions in Q4 2025 and 5 closed out, a net change of +7 holders.
- The largest RiverNorth Active Income ETF buyer in Q4 2025 was AE Wealth Management, an estimated $917K added.
- The largest RiverNorth Active Income ETF seller in Q4 2025 was Citadel Advisors, an estimated $586K sold.
Based on aggregated 13F filings for Q4 2025.