RiverNorth Opportunities Fund
RIV
27 hedge funds and large institutions have $32.7M invested in RiverNorth Opportunities Fund in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 4 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
111% more capital invested
Capital invested by funds: $15.5M → $32.7M (+$17.3M)
23% more funds holding
Funds holding: 22 → 27 (+5)
15.19% more ownership
Funds ownership: 12.68% → 27.87% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.1M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$5.34M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$826K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$610K |
| 5 |
Millennium Management
New York
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.71M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$505K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$266K |
| 4 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$170K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$63K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $4K | +$4.01K | +245 | New |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| – | -$2.71M | -159,669 | Closed |
|
|
28
Bessemer Group
Woodbridge,
New Jersey
| – | -$63K | -3,713 | Closed |
|
|
AIC
29
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$18K | -1,079 | Closed |
|
|
QCIG
30
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$2K | -102 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | +$343 | +21 | New |
|
RIV Hedge Fund Activity: Q4 2019 in Review
27 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2019, worth a combined $32.7M — up 111% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RIV positions and 4 closed out — a net gain of 5 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Credit Suisse, exiting entirely with an estimated $2.71M sold.
- 27 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2019, up from 22 in Q3 2019.
- Funds reported $32.7M of RiverNorth Opportunities Fund stock for Q4 2019, up 111% quarter-over-quarter.
- 9 funds opened new RiverNorth Opportunities Fund positions in Q4 2019 and 4 closed out, a net change of +5 holders.
- The largest RiverNorth Opportunities Fund buyer in Q4 2019 was Morgan Stanley, an estimated $10.1M added.
- The largest RiverNorth Opportunities Fund seller in Q4 2019 was Credit Suisse, an estimated $2.71M sold.
Based on aggregated 13F filings for Q4 2019.