RiverNorth Opportunities Fund
RIV
9 hedge funds and large institutions have $7.47M invested in RiverNorth Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 2 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
73% more capital invested
Capital invested by funds: $4.33M → $7.47M (+$3.14M)
4.18% more ownership
Funds ownership: 6.32% → 10.5% (+4.2%)
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.37M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$422K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$364K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$53.1K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$42.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$283K |
| 2 |
Morgan Stanley
New York
|
-$7.82K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Wells Fargo
San Francisco,
California
| $3.55M | +$2.37M | +125,383 | +203% |
|
|
RJA
2
Raymond James & Associates
St Petersburg,
Florida
| $1.21M | +$422K | +22,313 | +54% |
|
|
BMCM
3
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
| $1.2M | +$4.63K | +245 | +0.4% |
|
|
SFS
4
Shaker Financial Services
Arlington,
Virginia
| $987K | +$364K | +19,245 | +59% |
|
|
5
UBS Group
Zurich,
Switzerland
| $335K | +$53.1K | +2,808 | +19% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $125K | +$7.41K | +392 | +6% |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| $43K | +$42.6K | +2,256 | New |
|
|
8
Morgan Stanley
New York
| $20K | -$7.82K | -414 | -29% |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| $4K | +$4.04K | +214 | New |
|
|
FFA
10
First Foundation Advisors
Irvine,
California
| – | -$283K | -15,471 | Closed |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$5K | -248 | Closed |
|
RIV Hedge Fund Activity: Q1 2017 in Review
9 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q1 2017, worth a combined $7.47M — up 73% from $4.33M a quarter earlier.
Fund positioning in RIV was balanced in Q1 2017: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 1 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.37M. The largest seller was First Foundation Advisors, exiting entirely with an estimated $283K sold.
- 9 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $7.47M of RiverNorth Opportunities Fund stock for Q1 2017, up 73% quarter-over-quarter.
- 2 funds opened new RiverNorth Opportunities Fund positions in Q1 2017 and 2 closed out, a net change of 0 holders.
- The largest RiverNorth Opportunities Fund buyer in Q1 2017 was Wells Fargo, an estimated $2.37M added.
- The largest RiverNorth Opportunities Fund seller in Q1 2017 was First Foundation Advisors, an estimated $283K sold.
Based on aggregated 13F filings for Q1 2017.