RiverNorth Market Neutral ETF
RNMN
2 hedge funds and large institutions have $1.13M invested in RiverNorth Market Neutral ETF in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
5.07% less ownership
Funds ownership: 26.73% → 21.67% (-5.1%)
28% less capital invested
Capital invested by funds: $1.58M → $1.13M (-$447K)
33% less funds holding
Funds holding: 3 → 2 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGA
Crescent Grove Advisors
Lake Forest,
Illinois
|
-$457K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$14.1K |
| 3 |
Morgan Stanley
New York
|
-$45 |
RNMN Hedge Fund Activity: Q1 2024 in Review
2 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Market Neutral ETF (RNMN) for Q1 2024, worth a combined $1.13M — down 28% from $1.58M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of RNMN and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest seller was Crescent Grove Advisors, cutting an estimated $457K.
- 2 institutional investors held RiverNorth Market Neutral ETF (RNMN) as of Q1 2024, down from 3 in Q4 2023.
- Funds reported $1.13M of RiverNorth Market Neutral ETF stock for Q1 2024, down 28% quarter-over-quarter.
- 0 funds opened new RiverNorth Market Neutral ETF positions in Q1 2024 and 1 closed out, a net change of -1 holder.
- The largest RiverNorth Market Neutral ETF seller in Q1 2024 was Crescent Grove Advisors, an estimated $457K sold.
Based on aggregated 13F filings for Q1 2024.