RiverNorth Opportunities Fund
RIV
12 hedge funds and large institutions have $6.1M invested in RiverNorth Opportunities Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
20% more funds holding
Funds holding: 10 → 12 (+2)
3.79% less ownership
Funds ownership: 11.65% → 7.86% (-3.8%)
77% less capital inflows, than outflows
Capital inflows: $854K | Capital outflows: $3.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWA Asset Management Group
Naples,
Florida
|
+$209K |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$209K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$145K |
| 4 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$131K |
| 5 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$71.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.38M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
-$929K |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
-$379K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
-$61.3K |
RIV Hedge Fund Activity: Q3 2017 in Review
12 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q3 2017, worth a combined $6.1M — down 30% from $8.72M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RIV positions and 2 closed out — a net gain of 2 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was CWA Asset Management Group, opening a new position worth an estimated $209K. The largest seller was Wells Fargo, cutting an estimated $2.38M.
- 12 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q3 2017, up from 10 in Q2 2017.
- Funds reported $6.1M of RiverNorth Opportunities Fund stock for Q3 2017, down 30% quarter-over-quarter.
- 4 funds opened new RiverNorth Opportunities Fund positions in Q3 2017 and 2 closed out, a net change of +2 holders.
- The largest RiverNorth Opportunities Fund buyer in Q3 2017 was CWA Asset Management Group, an estimated $209K added.
- The largest RiverNorth Opportunities Fund seller in Q3 2017 was Wells Fargo, an estimated $2.38M sold.
Based on aggregated 13F filings for Q3 2017.