RiverNorth Opportunities Fund
RIV
8 hedge funds and large institutions have $3M invested in RiverNorth Opportunities Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
14% more funds holding
Funds holding: 7 → 8 (+1)
2% more capital invested
Capital invested by funds: $2.95M → $3M (+$45K)
0.13% less ownership
Funds ownership: 4.29% → 4.16% (-0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$859K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$344K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$259K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$44.1K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$30.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$815K |
| 2 |
Citigroup
New York
|
-$689K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$84.4K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6.47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Wells Fargo
San Francisco,
California
| $966K | +$344K | +18,121 | +56% |
|
|
RJA
2
Raymond James & Associates
St Petersburg,
Florida
| $869K | +$859K | +45,221 | New |
|
|
FFA
3
First Foundation Advisors
Irvine,
California
| $650K | +$30.4K | +1,600 | +5% |
|
|
VKH
4
Virtu KCG Holdings
New York
| $262K | +$259K | +13,654 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $153K | -$84.4K | -4,443 | -36% |
|
|
6
UBS Group
Zurich,
Switzerland
| $74K | +$44.1K | +2,325 | +150% |
|
7
Morgan Stanley
New York
| $20K | +$19.6K | +1,033 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $4K | -$6.47K | -341 | -62% |
|
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$815K | -44,441 | Closed |
|
|
10
Citigroup
New York
| – | -$689K | -37,527 | Closed |
|
RIV Hedge Fund Activity: Q3 2016 in Review
8 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q3 2016, worth a combined $3M — up 1.5% from $2.95M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RIV positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $859K. The largest seller was Deutsche Bank, exiting entirely with an estimated $815K sold.
- 8 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q3 2016, up from 7 in Q2 2016.
- Funds reported $3M of RiverNorth Opportunities Fund stock for Q3 2016, up 1.5% quarter-over-quarter.
- 3 funds opened new RiverNorth Opportunities Fund positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest RiverNorth Opportunities Fund buyer in Q3 2016 was Raymond James & Associates, an estimated $859K added.
- The largest RiverNorth Opportunities Fund seller in Q3 2016 was Deutsche Bank, an estimated $815K sold.
Based on aggregated 13F filings for Q3 2016.