RiverNorth Flexible Municipal Income Fund II
RFMZ
19 hedge funds and large institutions have $21.8M invested in RiverNorth Flexible Municipal Income Fund II in 2021 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 0 closing their positions.
750% more capital inflows, than outflows
Capital inflows: $4.31M | Capital outflows: $507K
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
58% more funds holding
Funds holding: 12 → 19 (+7)
0.86% more ownership
Funds ownership: 4.13% → 4.98% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$1.98M |
| 2 |
Ackerman Capital Advisors
Dallas,
Texas
|
+$540K |
| 3 |
Clough Capital Partners
Boston,
Massachusetts
|
+$392K |
| 4 |
Morgan Stanley
New York
|
+$337K |
| 5 |
AlphaCentric Advisors
San Juan,
Puerto Rico
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$291K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$207K |
| 3 |
XML Financial
Bethesda,
Maryland
|
-$10.1K |
RFMZ Hedge Fund Activity: Q4 2021 in Review
19 of the 6,521 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Flexible Municipal Income Fund II (RFMZ) for Q4 2021, worth a combined $21.8M — up 18% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RFMZ positions and 0 closed out — a net gain of 7 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Rockefeller Capital Management, adding an estimated $1.98M. The largest seller was Royal Bank of Canada, cutting an estimated $291K.
- 19 institutional investors held RiverNorth Flexible Municipal Income Fund II (RFMZ) as of Q4 2021, up from 12 in Q3 2021.
- Funds reported $21.8M of RiverNorth Flexible Municipal Income Fund II stock for Q4 2021, up 18% quarter-over-quarter.
- 7 funds opened new RiverNorth Flexible Municipal Income Fund II positions in Q4 2021 and 0 closed out, a net change of +7 holders.
- The largest RiverNorth Flexible Municipal Income Fund II buyer in Q4 2021 was Rockefeller Capital Management, an estimated $1.98M added.
- The largest RiverNorth Flexible Municipal Income Fund II seller in Q4 2021 was Royal Bank of Canada, an estimated $291K sold.
Based on aggregated 13F filings for Q4 2021.