RiverNorth Opportunities Fund
RIV
22 hedge funds and large institutions have $15.5M invested in RiverNorth Opportunities Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
28% more capital invested
Capital invested by funds: $12.1M → $15.5M (+$3.36M)
10% more funds holding
Funds holding: 20 → 22 (+2)
2.57% more ownership
Funds ownership: 10.11% → 12.68% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.69M |
| 2 |
Morgan Stanley
New York
|
+$830K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$373K |
| 4 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$204K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$378K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$328K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$256K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$205K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$119K |
RIV Hedge Fund Activity: Q3 2019 in Review
22 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q3 2019, worth a combined $15.5M — up 28% from $12.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RIV positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $2.69M. The largest seller was Bank of America, cutting an estimated $378K.
- 22 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q3 2019, up from 20 in Q2 2019.
- Funds reported $15.5M of RiverNorth Opportunities Fund stock for Q3 2019, up 28% quarter-over-quarter.
- 5 funds opened new RiverNorth Opportunities Fund positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest RiverNorth Opportunities Fund buyer in Q3 2019 was Credit Suisse, an estimated $2.69M added.
- The largest RiverNorth Opportunities Fund seller in Q3 2019 was Bank of America, an estimated $378K sold.
Based on aggregated 13F filings for Q3 2019.