RiverNorth Opportunities Fund
RIV
59 hedge funds and large institutions have $108M invested in RiverNorth Opportunities Fund in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less funds holding
Funds holding: 60 → 59 (-1)
1.97% less ownership
Funds ownership: 47.39% → 45.42% (-2%)
45% less capital inflows, than outflows
Capital inflows: $5.93M | Capital outflows: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.89M |
| 2 |
Penserra Capital Management
Orinda,
California
|
+$961K |
| 3 |
Arete Wealth Advisors
Chicago,
Illinois
|
+$706K |
| 4 |
LPL Financial
San Diego,
California
|
+$396K |
| 5 |
Everstar Asset Management
Mooresville,
North Carolina
|
+$389K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.21M |
| 2 |
Readystate Asset Management
Chicago,
Illinois
|
-$2.29M |
| 3 |
Yakira Capital Management
Westport,
Connecticut
|
-$2.11M |
| 4 |
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$1.29M |
| 5 |
Quarry LP
New York
|
-$396K |
RIV Hedge Fund Activity: Q1 2026 in Review
59 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunities Fund (RIV) for Q1 2026, worth a combined $108M — down 9.4% from $119M a quarter earlier.
Fund positioning in RIV was balanced in Q1 2026: 4 funds opened new positions, 4 closed out, 21 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.89M. The largest seller was Sit Investment Associates, cutting an estimated $3.21M.
- 59 institutional investors held RiverNorth Opportunities Fund (RIV) as of Q1 2026, down from 60 in Q4 2025.
- Funds reported $108M of RiverNorth Opportunities Fund stock for Q1 2026, down 9.4% quarter-over-quarter.
- 4 funds opened new RiverNorth Opportunities Fund positions in Q1 2026 and 4 closed out, a net change of 0 holders.
- The largest RiverNorth Opportunities Fund buyer in Q1 2026 was Morgan Stanley, an estimated $1.89M added.
- The largest RiverNorth Opportunities Fund seller in Q1 2026 was Sit Investment Associates, an estimated $3.21M sold.
Based on aggregated 13F filings for Q1 2026.