RiverNorth Managed Duration Municipal Income Fund II
RMMZ
6 hedge funds and large institutions have $4.26M invested in RiverNorth Managed Duration Municipal Income Fund II in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 0 closing their positions.
50% more funds holding
Funds holding: 4 → 6 (+2)
19% more capital invested
Capital invested by funds: $3.59M → $4.26M (+$667K)
0.67% more ownership
Funds ownership: 2.69% → 3.36% (+0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$330K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$269K |
| 3 |
Morgan Stanley
New York
|
+$245K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$60.3K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.1K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
UBS Group
Zurich,
Switzerland
| $2.1M | +$330K | +19,766 | +17% |
|
|
2
Morgan Stanley
New York
| $1.18M | +$245K | +14,697 | +24% |
|
|
3
Wells Fargo
San Francisco,
California
| $456K | +$60.3K | +3,611 | +14% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $264K | +$13.1K | +784 | +5% |
|
|
5
Osaic Holdings
Scottsdale,
Arizona
| $247K | +$269K | +16,131 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $9K | +$9.95K | +596 | New |
|
RMMZ Hedge Fund Activity: Q3 2022 in Review
6 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Managed Duration Municipal Income Fund II (RMMZ) for Q3 2022, worth a combined $4.26M — up 19% from $3.59M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new RMMZ positions and 0 closed out — a net gain of 2 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was UBS Group, adding an estimated $330K.
- 6 institutional investors held RiverNorth Managed Duration Municipal Income Fund II (RMMZ) as of Q3 2022, up from 4 in Q2 2022.
- Funds reported $4.26M of RiverNorth Managed Duration Municipal Income Fund II stock for Q3 2022, up 19% quarter-over-quarter.
- 2 funds opened new RiverNorth Managed Duration Municipal Income Fund II positions in Q3 2022 and 0 closed out, a net change of +2 holders.
- The largest RiverNorth Managed Duration Municipal Income Fund II buyer in Q3 2022 was UBS Group, an estimated $330K added.
Based on aggregated 13F filings for Q3 2022.