RiverNorth Opportunities Fund
RIV
22 hedge funds and large institutions have $12.9M invested in RiverNorth Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
5% more funds holding
Funds holding: 21 → 22 (+1)
4.97% less ownership
Funds ownership: 16.07% → 11.1% (-5%)
6% less capital invested
Capital invested by funds: $13.7M → $12.9M (-$769K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$738K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$495K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$237K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$205K |
| 5 |
Morgan Stanley
New York
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.53M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$252K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$77.3K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$53.8K |
| 5 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$53.5K |
RIV Hedge Fund Activity: Q1 2019 in Review
22 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q1 2019, worth a combined $12.9M — down 5.6% from $13.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RIV positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $738K. The largest seller was UBS Group, cutting an estimated $2.53M.
- 22 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q1 2019, up from 21 in Q4 2018.
- Funds reported $12.9M of RiverNorth Opportunities Fund stock for Q1 2019, down 5.6% quarter-over-quarter.
- 3 funds opened new RiverNorth Opportunities Fund positions in Q1 2019 and 2 closed out, a net change of +1 holder.
- The largest RiverNorth Opportunities Fund buyer in Q1 2019 was Wolverine Asset Management, an estimated $738K added.
- The largest RiverNorth Opportunities Fund seller in Q1 2019 was UBS Group, an estimated $2.53M sold.
Based on aggregated 13F filings for Q1 2019.