RiverNorth Opportunistic Municipal Income Fund
RMI
26 hedge funds and large institutions have $17.6M invested in RiverNorth Opportunistic Municipal Income Fund in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
37% more funds holding
Funds holding: 19 → 26 (+7)
4.36% less ownership
Funds ownership: 23.23% → 18.87% (-4.4%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
17% less capital invested
Capital invested by funds: $21.1M → $17.6M (-$3.52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$818K |
| 2 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
+$596K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$478K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$412K |
| 5 |
PL
Plancorp LLC
Saint Louis,
Missouri
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$6.16M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$210K |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$92.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$53.5K |
RMI Hedge Fund Activity: Q3 2025 in Review
26 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Opportunistic Municipal Income Fund (RMI) for Q3 2025, worth a combined $17.6M — down 17% from $21.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RMI positions and 1 closed out — a net gain of 7 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Logan Stone Capital, adding an estimated $818K. The largest seller was Stratos Wealth Partners, exiting entirely with an estimated $6.16M sold.
- 26 institutional investors held RiverNorth Opportunistic Municipal Income Fund (RMI) as of Q3 2025, up from 19 in Q2 2025.
- Funds reported $17.6M of RiverNorth Opportunistic Municipal Income Fund stock for Q3 2025, down 17% quarter-over-quarter.
- 8 funds opened new RiverNorth Opportunistic Municipal Income Fund positions in Q3 2025 and 1 closed out, a net change of +7 holders.
- The largest RiverNorth Opportunistic Municipal Income Fund buyer in Q3 2025 was Logan Stone Capital, an estimated $818K added.
- The largest RiverNorth Opportunistic Municipal Income Fund seller in Q3 2025 was Stratos Wealth Partners, an estimated $6.16M sold.
Based on aggregated 13F filings for Q3 2025.