RiverNorth Opportunities Fund
RIV
50 hedge funds and large institutions have $63.5M invested in RiverNorth Opportunities Fund in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2% more funds holding
Funds holding: 49 → 50 (+1)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
0.28% less ownership
Funds ownership: 24.42% → 24.14% (-0.28%)
3% less capital inflows, than outflows
Capital inflows: $4.07M | Capital outflows: $4.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$1.1M |
| 2 |
Allworth Financial
Folsom,
California
|
+$551K |
| 3 |
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$448K |
| 4 |
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
|
+$286K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$2.64M |
| 2 |
Atria Wealth Solutions
New York
|
-$340K |
| 3 |
Readystate Asset Management
Chicago,
Illinois
|
-$321K |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
-$310K |
| 5 |
Truvestments Capital
Sarasota,
Florida
|
-$108K |
RIV Hedge Fund Activity: Q2 2025 in Review
50 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q2 2025, worth a combined $63.5M — up 3% from $61.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RIV positions and 6 closed out — a net gain of 2 holders — while 14 added to existing stakes and 14 trimmed.
The largest buyer was Stifel Financial, opening a new position worth an estimated $1.1M. The largest seller was B. Riley Wealth Advisors, exiting entirely with an estimated $2.64M sold.
- 50 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q2 2025, up from 49 in Q1 2025.
- Funds reported $63.5M of RiverNorth Opportunities Fund stock for Q2 2025, up 3% quarter-over-quarter.
- 8 funds opened new RiverNorth Opportunities Fund positions in Q2 2025 and 6 closed out, a net change of +2 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 B. Riley Wealth Advisors, an estimated $2.64M sold.
Based on aggregated 13F filings for Q2 2025.