RiverNorth Managed Duration Municipal Income Fund
RMM
49 hedge funds and large institutions have $51.1M invested in RiverNorth Managed Duration Municipal Income Fund in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
20% more funds holding
Funds holding: 41 → 49 (+8)
0.86% more ownership
Funds ownership: 18.46% → 19.32% (+0.86%)
2% less capital invested
Capital invested by funds: $52.2M → $51.1M (-$1.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.64M |
| 2 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
+$897K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$487K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$349K |
| 5 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$1.37M |
| 2 |
GS
GTS Securities
New York
|
-$975K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$703K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$547K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$327K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| $6 | – | – | – |
|
|
GS
52
GTS Securities
New York
| – | -$975K | -68,053 | Closed |
|
|
SC
53
SouthState Corp
Winter Haven,
Florida
| – | -$71.6K | -5,000 | Closed |
|
RMM Hedge Fund Activity: Q2 2025 in Review
49 of the 7,598 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Managed Duration Municipal Income Fund (RMM) for Q2 2025, worth a combined $51.1M — down 2% from $52.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RMM positions and 2 closed out — a net gain of 9 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.64M. The largest seller was World Investment Advisors, cutting an estimated $1.37M.
- 49 institutional investors held RiverNorth Managed Duration Municipal Income Fund (RMM) as of Q2 2025, up from 41 in Q1 2025.
- Funds reported $51.1M of RiverNorth Managed Duration Municipal Income Fund stock for Q2 2025, down 2% quarter-over-quarter.
- 11 funds opened new RiverNorth Managed Duration Municipal Income Fund positions in Q2 2025 and 2 closed out, a net change of +9 holders.
- The largest RiverNorth Managed Duration Municipal Income Fund buyer in Q2 2025 was Robinson Capital Management, an estimated $2.64M added.
- The largest RiverNorth Managed Duration Municipal Income Fund seller in Q2 2025 was World Investment Advisors, an estimated $1.37M sold.
Based on aggregated 13F filings for Q2 2025.