RiverNorth Opportunistic Municipal Income Fund
25 hedge funds and large institutions have $20.7M invested in RiverNorth Opportunistic Municipal Income Fund in 2026 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
1% more capital invested
Capital invested by funds: $20.4M → $20.7M (+$219K)
0.92% less ownership
Funds ownership: 22.41% → 21.49% (-0.92%)
11% less funds holding
Funds holding: 28 → 25 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.09M |
| 2 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
+$970K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$766K |
| 4 |
Rockefeller Capital Management
New York
|
+$601K |
| 5 |
LPL Financial
San Diego,
California
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.97M |
| 2 |
PFM
Professional Financial Management
Appleton,
Wisconsin
|
-$1.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$361K |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$264K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$215K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LSC
26
Logan Stone Capital
Chicago,
Illinois
| – | -$1.97M | -137,906 | Closed |
|
|
PFM
27
Professional Financial Management
Appleton,
Wisconsin
| – | -$1.8M | -125,547 | Closed |
|
|
ACM
28
Arlington Capital Management
Arlington Heights,
Illinois
| – | -$264K | -18,442 | Closed |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$215K | -15,027 | Closed |
|
30
Nomura Holdings
Tokyo,
Japan
| – | -$161K | -11,275 | Closed |
|
RMI Hedge Fund Activity: Q1 2026 in Review
25 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunistic Municipal Income Fund (RMI) for Q1 2026, worth a combined $20.7M — up 1.1% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RMI and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $1.09M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $1.97M sold.
- 25 institutional investors held RiverNorth Opportunistic Municipal Income Fund (RMI) as of Q1 2026, down from 28 in Q4 2025.
- Funds reported $20.7M of RiverNorth Opportunistic Municipal Income Fund stock for Q1 2026, up 1.1% quarter-over-quarter.
- 2 funds opened new RiverNorth Opportunistic Municipal Income Fund positions in Q1 2026 and 5 closed out, a net change of -3 holders.
- The largest RiverNorth Opportunistic Municipal Income Fund buyer in Q1 2026 was Morgan Stanley, an estimated $1.09M added.
- The largest RiverNorth Opportunistic Municipal Income Fund seller in Q1 2026 was Logan Stone Capital, an estimated $1.97M sold.
Based on aggregated 13F filings for Q1 2026.