RiverNorth Managed Duration Municipal Income Fund
RMM
6 hedge funds and large institutions have $14M invested in RiverNorth Managed Duration Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
3.83% more ownership
Funds ownership: 0% → 3.83% (+3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$7.17M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.19M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.21M |
| 4 |
VF
Virtu Financial
New York
|
+$723K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$591K |
Top Sellers
RMM Hedge Fund Activity: Q3 2019 in Review
6 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Managed Duration Municipal Income Fund (RMM) for Q3 2019, worth a combined $14M.
Buyers outnumbered sellers: 6 funds opened new RMM positions and 0 closed out — a net gain of 6 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $7.17M.
- 6 institutional investors held RiverNorth Managed Duration Municipal Income Fund (RMM) as of Q3 2019, up from 0 in Q2 2019.
- Funds reported $14M of RiverNorth Managed Duration Municipal Income Fund stock for Q3 2019.
- 6 funds opened new RiverNorth Managed Duration Municipal Income Fund positions in Q3 2019 and 0 closed out, a net change of +6 holders.
- The largest RiverNorth Managed Duration Municipal Income Fund buyer in Q3 2019 was UBS Group, an estimated $7.17M added.
Based on aggregated 13F filings for Q3 2019.