RiverNorth Opportunities Fund
RIV
54 hedge funds and large institutions have $56.1M invested in RiverNorth Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
26% more funds holding
Funds holding: 43 → 54 (+11)
16% more capital invested
Capital invested by funds: $48.5M → $56.1M (+$7.61M)
2.28% more ownership
Funds ownership: 21.49% → 23.77% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.47M |
| 2 |
TVAMP
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
|
+$1.28M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$771K |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$758K |
| 5 |
QL
Quarry LP
New York
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.67M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$788K |
| 3 |
Morgan Stanley
New York
|
-$612K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$198K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$161K |
RIV Hedge Fund Activity: Q4 2023 in Review
54 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2023, worth a combined $56.1M — up 16% from $48.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RIV positions and 3 closed out — a net gain of 11 holders — while 22 added to existing stakes and 10 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $1.47M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.67M sold.
- 54 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2023, up from 43 in Q3 2023.
- Funds reported $56.1M of RiverNorth Opportunities Fund stock for Q4 2023, up 16% quarter-over-quarter.
- 14 funds opened new RiverNorth Opportunities Fund positions in Q4 2023 and 3 closed out, a net change of +11 holders.
- The largest RiverNorth Opportunities Fund buyer in Q4 2023 was Clough Capital Partners, an estimated $1.47M added.
- The largest RiverNorth Opportunities Fund seller in Q4 2023 was Sit Investment Associates, an estimated $2.67M sold.
Based on aggregated 13F filings for Q4 2023.