RiverNorth Opportunities Fund
RIV
52 hedge funds and large institutions have $59.2M invested in RiverNorth Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 6 closing their positions.
6% more capital invested
Capital invested by funds: $56.1M → $59.2M (+$3.11M)
0.74% less ownership
Funds ownership: 23.77% → 23.02% (-0.74%)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
4% less funds holding
Funds holding: 54 → 52 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$1.48M |
| 2 |
Morgan Stanley
New York
|
+$915K |
| 3 |
LPL Financial
San Diego,
California
|
+$299K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$278K |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.54M |
| 2 |
TVAMP
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
|
-$1.11M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$686K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$424K |
| 5 |
EC
Elequin Capital
New York
|
-$395K |
RIV Hedge Fund Activity: Q1 2024 in Review
52 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q1 2024, worth a combined $59.2M — up 5.5% from $56.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RIV and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 17 added.
The largest buyer was Absolute Investment Advisers, opening a new position worth an estimated $1.48M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $1.54M sold.
- 52 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q1 2024, down from 54 in Q4 2023.
- Funds reported $59.2M of RiverNorth Opportunities Fund stock for Q1 2024, up 5.5% quarter-over-quarter.
- 4 funds opened new RiverNorth Opportunities Fund positions in Q1 2024 and 6 closed out, a net change of -2 holders.
- The largest RiverNorth Opportunities Fund buyer in Q1 2024 was Absolute Investment Advisers, an estimated $1.48M added.
- The largest RiverNorth Opportunities Fund seller in Q1 2024 was Clough Capital Partners, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2024.