RiverNorth Opportunities Fund
RIV
39 hedge funds and large institutions have $49.8M invested in RiverNorth Opportunities Fund in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 2 closing their positions.
3,242% more capital inflows, than outflows
Capital inflows: $17.7M | Capital outflows: $529K
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
18% more funds holding
Funds holding: 33 → 39 (+6)
4.2% more ownership
Funds ownership: 14.92% → 19.12% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$13.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.07M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$758K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$535K |
| 5 |
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$227K |
| 2 |
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$130K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$40.5K |
| 4 |
SeaCrest Wealth Management
Purchase,
New York
|
-$33.6K |
| 5 |
BDO Wealth Advisors
Jacksonville,
Florida
|
-$28.2K |
RIV Hedge Fund Activity: Q4 2022 in Review
39 of the 6,243 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2022, worth a combined $49.8M — up 50% from $33.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RIV positions and 2 closed out — a net gain of 6 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $13.1M. The largest seller was Osaic Holdings, cutting an estimated $227K.
- 39 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2022, up from 33 in Q3 2022.
- Funds reported $49.8M of RiverNorth Opportunities Fund stock for Q4 2022, up 50% quarter-over-quarter.
- 8 funds opened new RiverNorth Opportunities Fund positions in Q4 2022 and 2 closed out, a net change of +6 holders.
- The largest RiverNorth Opportunities Fund buyer in Q4 2022 was Sit Investment Associates, an estimated $13.1M added.
- The largest RiverNorth Opportunities Fund seller in Q4 2022 was Osaic Holdings, an estimated $227K sold.
Based on aggregated 13F filings for Q4 2022.