RiverNorth Opportunities Fund
RIV
48 hedge funds and large institutions have $62.7M invested in RiverNorth Opportunities Fund in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $58.2M → $62.7M (+$4.49M)
4% more funds holding
Funds holding: 46 → 48 (+2)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.77% more ownership
Funds ownership: 23.04% → 23.82% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$1.1M |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$551K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$448K |
| 4 |
TVAMP
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
|
+$286K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWS
Atria Wealth Solutions
New York
|
-$340K |
| 2 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$321K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$310K |
| 4 |
TC
Truvestments Capital
Sarasota,
Florida
|
-$108K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$105K |
RIV Hedge Fund Activity: Q2 2025 in Review
48 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q2 2025, worth a combined $62.7M — up 7.7% from $58.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RIV positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Stifel Financial, opening a new position worth an estimated $1.1M. The largest seller was Atria Wealth Solutions, exiting entirely with an estimated $340K sold.
- 48 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q2 2025, up from 46 in Q1 2025.
- Funds reported $62.7M of RiverNorth Opportunities Fund stock for Q2 2025, up 7.7% quarter-over-quarter.
- 8 funds opened new RiverNorth Opportunities Fund positions in Q2 2025 and 5 closed out, a net change of +3 holders.
- The largest RiverNorth Opportunities Fund buyer in Q2 2025 was Stifel Financial, an estimated $1.1M added.
- The largest RiverNorth Opportunities Fund seller in Q2 2025 was Atria Wealth Solutions, an estimated $340K sold.
Based on aggregated 13F filings for Q2 2025.