RiverNorth Opportunistic Municipal Income Fund
24 hedge funds and large institutions have $23.2M invested in RiverNorth Opportunistic Municipal Income Fund in 2024 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
26% more funds holding
Funds holding: 19 → 24 (+5)
10% more capital invested
Capital invested by funds: $21M → $23.2M (+$2.19M)
3.98% more ownership
Funds ownership: 20.12% → 24.1% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.17M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$844K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$797K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$663K |
| 5 |
LPL Financial
San Diego,
California
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
-$406K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$174K |
| 3 |
Morgan Stanley
New York
|
-$155K |
RMI Hedge Fund Activity: Q4 2024 in Review
24 of the 7,608 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunistic Municipal Income Fund (RMI) for Q4 2024, worth a combined $23.2M — up 10% from $21M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RMI positions and 1 closed out — a net gain of 6 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was Logan Stone Capital, adding an estimated $1.17M. The largest seller was NewEdge Wealth, exiting entirely with an estimated $406K sold.
- 24 institutional investors held RiverNorth Opportunistic Municipal Income Fund (RMI) as of Q4 2024, up from 19 in Q3 2024.
- Funds reported $23.2M of RiverNorth Opportunistic Municipal Income Fund stock for Q4 2024, up 10% quarter-over-quarter.
- 7 funds opened new RiverNorth Opportunistic Municipal Income Fund positions in Q4 2024 and 1 closed out, a net change of +6 holders.
- The largest RiverNorth Opportunistic Municipal Income Fund buyer in Q4 2024 was Logan Stone Capital, an estimated $1.17M added.
- The largest RiverNorth Opportunistic Municipal Income Fund seller in Q4 2024 was NewEdge Wealth, an estimated $406K sold.
Based on aggregated 13F filings for Q4 2024.