RiverNorth Opportunities Fund
RIV
9 hedge funds and large institutions have $4.33M invested in RiverNorth Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
44% more capital invested
Capital invested by funds: $3M → $4.33M (+$1.33M)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
13% more funds holding
Funds holding: 8 → 9 (+1)
2.15% more ownership
Funds ownership: 4.16% → 6.32% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$606K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$210K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$203K |
| 4 |
Morgan Stanley
New York
|
+$7.66K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$721 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$340K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$262K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$69.6K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BMCM
1
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
| $1.15M | +$1.16M | +62,802 | New |
|
|
2
Wells Fargo
San Francisco,
California
| $1.13M | +$210K | +11,352 | +23% |
|
|
RJA
3
Raymond James & Associates
St Petersburg,
Florida
| $758K | -$69.6K | -3,763 | -8% |
|
|
SFS
4
Shaker Financial Services
Arlington,
Virginia
| $599K | +$606K | +32,759 | New |
|
|
FFA
5
First Foundation Advisors
Irvine,
California
| $283K | -$340K | -18,367 | -54% |
|
|
6
UBS Group
Zurich,
Switzerland
| $271K | +$203K | +10,967 | +283% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $113K | -$32.5K | -1,757 | -22% |
|
|
8
Morgan Stanley
New York
| $26K | +$7.66K | +414 | +40% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $5K | +$721 | +39 | +19% |
|
|
VKH
10
Virtu KCG Holdings
New York
| – | -$262K | -13,654 | Closed |
|
RIV Hedge Fund Activity: Q4 2016 in Review
9 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2016, worth a combined $4.33M — up 44% from $3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new RIV positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $606K. The largest seller was First Foundation Advisors, cutting an estimated $340K.
- 9 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2016, up from 8 in Q3 2016.
- Funds reported $4.33M of RiverNorth Opportunities Fund stock for Q4 2016, up 44% quarter-over-quarter.
- 2 funds opened new RiverNorth Opportunities Fund positions in Q4 2016 and 1 closed out, a net change of +1 holder.
- The largest RiverNorth Opportunities Fund buyer in Q4 2016 was Shaker Financial Services, an estimated $606K added.
- The largest RiverNorth Opportunities Fund seller in Q4 2016 was First Foundation Advisors, an estimated $340K sold.
Based on aggregated 13F filings for Q4 2016.