RiverNorth Opportunities Fund
RIV
21 hedge funds and large institutions have $13.7M invested in RiverNorth Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
37% more capital invested
Capital invested by funds: $9.97M → $13.7M (+$3.69M)
17% more funds holding
Funds holding: 18 → 21 (+3)
5.91% more ownership
Funds ownership: 10.16% → 16.07% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.01M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.44M |
| 3 |
Morgan Stanley
New York
|
+$834K |
| 4 |
EWM
Edge Wealth Management
New York
|
+$417K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$400K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$349K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$230K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$77.4K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$30K |
RIV Hedge Fund Activity: Q4 2018 in Review
21 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2018, worth a combined $13.7M — up 37% from $9.97M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RIV positions and 4 closed out — a net gain of 4 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was CSS LLC, opening a new position worth an estimated $2.01M. The largest seller was Bryn Mawr Capital Management, cutting an estimated $400K.
- 21 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2018, up from 18 in Q3 2018.
- Funds reported $13.7M of RiverNorth Opportunities Fund stock for Q4 2018, up 37% quarter-over-quarter.
- 8 funds opened new RiverNorth Opportunities Fund positions in Q4 2018 and 4 closed out, a net change of +4 holders.
- The largest RiverNorth Opportunities Fund buyer in Q4 2018 was CSS LLC, an estimated $2.01M added.
- The largest RiverNorth Opportunities Fund seller in Q4 2018 was Bryn Mawr Capital Management, an estimated $400K sold.
Based on aggregated 13F filings for Q4 2018.