RiverNorth Opportunities Fund
RIV
18 hedge funds and large institutions have $9.97M invested in RiverNorth Opportunities Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
29% more funds holding
Funds holding: 14 → 18 (+4)
22% more capital invested
Capital invested by funds: $8.17M → $9.97M (+$1.8M)
2.54% more ownership
Funds ownership: 7.45% → 9.99% (+2.5%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.2M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$586K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$546K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$490K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$312K |
| 2 |
RCA
Rowland Carmichael Advisors
Scottsdale,
Arizona
|
-$227K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$190K |
| 4 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$97.9K |
| 5 |
Morgan Stanley
New York
|
-$13.1K |
RIV Hedge Fund Activity: Q3 2018 in Review
18 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q3 2018, worth a combined $9.97M — up 22% from $8.17M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RIV positions and 1 closed out — a net gain of 4 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.2M. The largest seller was UBS Group, cutting an estimated $312K.
- 18 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q3 2018, up from 14 in Q2 2018.
- Funds reported $9.97M of RiverNorth Opportunities Fund stock for Q3 2018, up 22% quarter-over-quarter.
- 5 funds opened new RiverNorth Opportunities Fund positions in Q3 2018 and 1 closed out, a net change of +4 holders.
- The largest RiverNorth Opportunities Fund buyer in Q3 2018 was Royal Bank of Canada, an estimated $1.2M added.
- The largest RiverNorth Opportunities Fund seller in Q3 2018 was UBS Group, an estimated $312K sold.
Based on aggregated 13F filings for Q3 2018.