RiverNorth Opportunistic Municipal Income Fund
RMI
19 hedge funds and large institutions have $23.8M invested in RiverNorth Opportunistic Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 0 closing their positions.
19% more funds holding
Funds holding: 16 → 19 (+3)
5% more capital invested
Capital invested by funds: $22.7M → $23.8M (+$1.18M)
0.05% less ownership
Funds ownership: 17.29% → 17.24% (-0.05%)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$346K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$229K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$124K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$53.2K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$22.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$544K |
| 2 |
Morgan Stanley
New York
|
-$88K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$73.4K |
| 4 |
FM
Family Management
New York
|
-$68.2K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$43K |
RMI Hedge Fund Activity: Q2 2021 in Review
19 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunistic Municipal Income Fund (RMI) for Q2 2021, worth a combined $23.8M — up 5.2% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RMI positions and 0 closed out — a net gain of 3 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $346K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $544K.
- 19 institutional investors held RiverNorth Opportunistic Municipal Income Fund (RMI) as of Q2 2021, up from 16 in Q1 2021.
- Funds reported $23.8M of RiverNorth Opportunistic Municipal Income Fund stock for Q2 2021, up 5.2% quarter-over-quarter.
- 3 funds opened new RiverNorth Opportunistic Municipal Income Fund positions in Q2 2021 and 0 closed out, a net change of +3 holders.
- The largest RiverNorth Opportunistic Municipal Income Fund buyer in Q2 2021 was Advisors Asset Management, an estimated $346K added.
- The largest RiverNorth Opportunistic Municipal Income Fund seller in Q2 2021 was Thomas J. Herzfeld Advisors, an estimated $544K sold.
Based on aggregated 13F filings for Q2 2021.