RiverNorth Opportunities Fund
RIV
35 hedge funds and large institutions have $43.3M invested in RiverNorth Opportunities Fund in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 11 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
10.49% less ownership
Funds ownership: 25.84% → 15.35% (-10%)
15% less funds holding
Funds holding: 41 → 35 (-6)
20% less capital invested
Capital invested by funds: $54M → $43.3M (-$10.7M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.26M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$567K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$550K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$250K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.42M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.12M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.09M |
| 4 |
LPL Financial
San Diego,
California
|
-$864K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$853K |
RIV Hedge Fund Activity: Q1 2022 in Review
35 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q1 2022, worth a combined $43.3M — down 20% from $54M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RIV and 5 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $5.26M. The largest seller was Sit Investment Associates, cutting an estimated $7.42M.
- 35 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q1 2022, down from 41 in Q4 2021.
- Funds reported $43.3M of RiverNorth Opportunities Fund stock for Q1 2022, down 20% quarter-over-quarter.
- 5 funds opened new RiverNorth Opportunities Fund positions in Q1 2022 and 11 closed out, a net change of -6 holders.
- The largest RiverNorth Opportunities Fund buyer in Q1 2022 was Morgan Stanley, an estimated $5.26M added.
- The largest RiverNorth Opportunities Fund seller in Q1 2022 was Sit Investment Associates, an estimated $7.42M sold.
Based on aggregated 13F filings for Q1 2022.