RiverNorth Opportunities Fund
RIV
13 hedge funds and large institutions have $8.56M invested in RiverNorth Opportunities Fund in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 9 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
9.86% less ownership
Funds ownership: 17.77% → 7.91% (-9.9%)
36% less capital invested
Capital invested by funds: $13.4M → $8.56M (-$4.86M)
38% less funds holding
Funds holding: 21 → 13 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
+$288K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$74.2K |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$30.3K |
| 4 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$15.9K |
| 5 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
+$1.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.11M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$856K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$733K |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$568K |
| 5 |
LPL Financial
San Diego,
California
|
-$549K |
RIV Hedge Fund Activity: Q1 2018 in Review
13 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q1 2018, worth a combined $8.56M — down 36% from $13.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RIV and 1 opened new positions — a net loss of 8 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Bryn Mawr Capital Management, adding an estimated $288K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.11M sold.
- 13 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q1 2018, down from 21 in Q4 2017.
- Funds reported $8.56M of RiverNorth Opportunities Fund stock for Q1 2018, down 36% quarter-over-quarter.
- 1 fund opened new RiverNorth Opportunities Fund positions in Q1 2018 and 9 closed out, a net change of -8 holders.
- The largest RiverNorth Opportunities Fund buyer in Q1 2018 was Bryn Mawr Capital Management, an estimated $288K added.
- The largest RiverNorth Opportunities Fund seller in Q1 2018 was Sit Investment Associates, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2018.