RiverNorth Opportunities Fund
RIV
46 hedge funds and large institutions have $58.2M invested in RiverNorth Opportunities Fund in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more capital invested
Capital invested by funds: $57.7M → $58.2M (+$524K)
0.36% less ownership
Funds ownership: 23.4% → 23.04% (-0.36%)
4% less funds holding
Funds holding: 48 → 46 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.09M |
| 2 |
NAS
NWF Advisory Services
Los Angeles,
California
|
+$678K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$483K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$404K |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWS
Atria Wealth Solutions
New York
|
-$1.02M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$761K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$532K |
| 4 |
Jane Street
New York
|
-$270K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$213K |
RIV Hedge Fund Activity: Q1 2025 in Review
46 of the 7,463 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q1 2025, worth a combined $58.2M — up 0.91% from $57.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RIV positions and 5 closed out — a net gain of 1 holder — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.09M. The largest seller was Atria Wealth Solutions, cutting an estimated $1.02M.
- 46 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q1 2025, down from 48 in Q4 2024.
- Funds reported $58.2M of RiverNorth Opportunities Fund stock for Q1 2025, up 0.91% quarter-over-quarter.
- 6 funds opened new RiverNorth Opportunities Fund positions in Q1 2025 and 5 closed out, a net change of +1 holder.
- The largest RiverNorth Opportunities Fund buyer in Q1 2025 was Morgan Stanley, an estimated $1.09M added.
- The largest RiverNorth Opportunities Fund seller in Q1 2025 was Atria Wealth Solutions, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2025.