RiverNorth Opportunities Fund
RIV
48 hedge funds and large institutions have $57.7M invested in RiverNorth Opportunities Fund in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
7% more funds holding
Funds holding: 45 → 48 (+3)
0.51% more ownership
Funds ownership: 22.9% → 23.4% (+0.51%)
9% less capital invested
Capital invested by funds: $63.1M → $57.7M (-$5.39M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.26M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
+$1.18M |
| 3 |
LPL Financial
San Diego,
California
|
+$1M |
| 4 |
AO
Advisor OS
Chicago,
Illinois
|
+$646K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$867K |
| 3 |
NAS
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
48 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q4 2024, worth a combined $57.7M — down 8.5% from $63.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RIV positions and 4 closed out — a net gain of 5 holders — while 19 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.
- 48 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q4 2024, up from 45 in Q3 2024.
- Funds reported $57.7M of RiverNorth Opportunities Fund stock for Q4 2024, down 8.5% quarter-over-quarter.
- 9 funds opened new RiverNorth Opportunities Fund positions in Q4 2024 and 4 closed out, a net change of +5 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.