RiverNorth Opportunities Fund
RIV
7 hedge funds and large institutions have $2.95M invested in RiverNorth Opportunities Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
143% more capital invested
Capital invested by funds: $1.22M → $2.95M (+$1.74M)
75% more funds holding
Funds holding: 4 → 7 (+3)
2.45% more ownership
Funds ownership: 1.84% → 4.29% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$687K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$590K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$268K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$176K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $815K | +$176K | +9,627 | +28% |
|
|
2
Citigroup
New York
| $689K | +$687K | +37,527 | New |
|
|
FFA
3
First Foundation Advisors
Irvine,
California
| $592K | +$590K | +32,238 | New |
|
|
4
Wells Fargo
San Francisco,
California
| $591K | +$268K | +14,621 | +83% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $228K | +$145K | +7,950 | +179% |
|
6
UBS Group
Zurich,
Switzerland
| $28K | +$28.4K | +1,550 | New |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $10K | +$10.1K | +550 | New |
|
|
AW
8
ACG Wealth
Atlanta,
Georgia
| – | -$216K | -12,281 | Closed |
|
RIV Hedge Fund Activity: Q2 2016 in Review
7 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q2 2016, worth a combined $2.95M — up 143% from $1.22M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RIV positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $687K. The largest seller was ACG Wealth, exiting entirely with an estimated $216K sold.
- 7 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q2 2016, up from 4 in Q1 2016.
- Funds reported $2.95M of RiverNorth Opportunities Fund stock for Q2 2016, up 143% quarter-over-quarter.
- 4 funds opened new RiverNorth Opportunities Fund positions in Q2 2016 and 1 closed out, a net change of +3 holders.
- The largest RiverNorth Opportunities Fund buyer in Q2 2016 was Citigroup, an estimated $687K added.
- The largest RiverNorth Opportunities Fund seller in Q2 2016 was ACG Wealth, an estimated $216K sold.
Based on aggregated 13F filings for Q2 2016.