RiverNorth Opportunities Fund
RIV
33 hedge funds and large institutions have $33.1M invested in RiverNorth Opportunities Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
3% more funds holding
Funds holding: 32 → 33 (+1)
0.29% less ownership
Funds ownership: 15.21% → 14.92% (-0.29%)
11% less capital invested
Capital invested by funds: $37.1M → $33.1M (-$3.92M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$2.66M |
| 2 |
TVAMP
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
|
+$320K |
| 3 |
Morgan Stanley
New York
|
+$242K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$167K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.31M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$149K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$133K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$117K |
| 5 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
-$85K |
RIV Hedge Fund Activity: Q3 2022 in Review
33 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q3 2022, worth a combined $33.1M — down 11% from $37.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RIV positions and 1 closed out — a net gain of 2 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was B. Riley Wealth Advisors, opening a new position worth an estimated $2.66M. The largest seller was Baird Financial Group, exiting entirely with an estimated $1.31M sold.
- 33 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q3 2022, up from 32 in Q2 2022.
- Funds reported $33.1M of RiverNorth Opportunities Fund stock for Q3 2022, down 11% quarter-over-quarter.
- 3 funds opened new RiverNorth Opportunities Fund positions in Q3 2022 and 1 closed out, a net change of +2 holders.
- The largest RiverNorth Opportunities Fund buyer in Q3 2022 was B. Riley Wealth Advisors, an estimated $2.66M added.
- The largest RiverNorth Opportunities Fund seller in Q3 2022 was Baird Financial Group, an estimated $1.31M sold.
Based on aggregated 13F filings for Q3 2022.