RiverNorth Flexible Municipal Income Fund II
RFMZ
14 hedge funds and large institutions have $12.6M invested in RiverNorth Flexible Municipal Income Fund II in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
100% more funds holding
Funds holding: 7 → 14 (+7)
65% more capital invested
Capital invested by funds: $7.59M → $12.6M (+$4.96M)
1.07% more ownership
Funds ownership: 1.72% → 2.79% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$2.05M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$891K |
| 3 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$607K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$442K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$711K |
RFMZ Hedge Fund Activity: Q2 2021 in Review
14 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Flexible Municipal Income Fund II (RFMZ) for Q2 2021, worth a combined $12.6M — up 65% from $7.59M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RFMZ positions and 0 closed out — a net gain of 7 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Rockefeller Capital Management, adding an estimated $2.05M. The largest seller was UBS Group, cutting an estimated $711K.
- 14 institutional investors held RiverNorth Flexible Municipal Income Fund II (RFMZ) as of Q2 2021, up from 7 in Q1 2021.
- Funds reported $12.6M of RiverNorth Flexible Municipal Income Fund II stock for Q2 2021, up 65% quarter-over-quarter.
- 7 funds opened new RiverNorth Flexible Municipal Income Fund II positions in Q2 2021 and 0 closed out, a net change of +7 holders.
- The largest RiverNorth Flexible Municipal Income Fund II buyer in Q2 2021 was Rockefeller Capital Management, an estimated $2.05M added.
- The largest RiverNorth Flexible Municipal Income Fund II seller in Q2 2021 was UBS Group, an estimated $711K sold.
Based on aggregated 13F filings for Q2 2021.