RiverNorth Opportunities Fund
RIV
50 hedge funds and large institutions have $58.2M invested in RiverNorth Opportunities Fund in 2024 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
57% more capital inflows, than outflows
Capital inflows: $6.98M | Capital outflows: $4.45M
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
9% more funds holding
Funds holding: 46 → 50 (+4)
0.61% more ownership
Funds ownership: 22.99% → 23.61% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
+$1.26M |
| 2 |
Atria Wealth Solutions
New York
|
+$1.18M |
| 3 |
LPL Financial
San Diego,
California
|
+$1M |
| 4 |
Advisor OS
Chicago,
Illinois
|
+$646K |
| 5 |
Penserra Capital Management
Orinda,
California
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 2 |
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$867K |
| 3 |
NWF Advisory Services
Los Angeles,
California
|
-$738K |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$456K |
| 5 |
Morgan Stanley
New York
|
-$410K |
RIV Hedge Fund Activity: Q4 2024 in Review
50 of the 7,623 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2024, worth a combined $58.2M — down 8.1% from $63.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RIV positions and 4 closed out — a net gain of 6 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.26M. The largest seller was Bank of America, cutting an estimated $1.07M.
- 50 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2024, up from 46 in Q3 2024.
- Funds reported $58.2M of RiverNorth Opportunities Fund stock for Q4 2024, down 8.1% quarter-over-quarter.
- 10 funds opened new RiverNorth Opportunities Fund positions in Q4 2024 and 4 closed out, a net change of +6 holders.
- The largest RiverNorth Opportunities Fund buyer in Q4 2024 was Shaker Financial Services, an estimated $1.26M added.
- The largest RiverNorth Opportunities Fund seller in Q4 2024 was Bank of America, an estimated $1.07M sold.
Based on aggregated 13F filings for Q4 2024.