RiverNorth Opportunities Fund
RIV
41 hedge funds and large institutions have $53.8M invested in RiverNorth Opportunities Fund in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
54% more capital invested
Capital invested by funds: $35M → $53.8M (+$18.8M)
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
24% more funds holding
Funds holding: 33 → 41 (+8)
9.99% more ownership
Funds ownership: 15.85% → 25.84% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$11.2M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.22M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.15M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.57M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$510K |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$220K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$130K |
| 5 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$126K |
RIV Hedge Fund Activity: Q4 2021 in Review
41 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2021, worth a combined $53.8M — up 54% from $35M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RIV positions and 3 closed out — a net gain of 9 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $11.2M. The largest seller was Morgan Stanley, cutting an estimated $2.57M.
- 41 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2021, up from 33 in Q3 2021.
- Funds reported $53.8M of RiverNorth Opportunities Fund stock for Q4 2021, up 54% quarter-over-quarter.
- 12 funds opened new RiverNorth Opportunities Fund positions in Q4 2021 and 3 closed out, a net change of +9 holders.
- The largest RiverNorth Opportunities Fund buyer in Q4 2021 was Sit Investment Associates, an estimated $11.2M added.
- The largest RiverNorth Opportunities Fund seller in Q4 2021 was Morgan Stanley, an estimated $2.57M sold.
Based on aggregated 13F filings for Q4 2021.