RiverNorth Capital and Income Fund
21 hedge funds and large institutions have $21.8M invested in RiverNorth Capital and Income Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
20% less capital invested
Capital invested by funds: $27.3M → $21.8M (-$5.48M)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
+$3.32M |
| 2 |
BAC
Boys Arnold & Co
Asheville,
North Carolina
|
+$1.11M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$411K |
| 4 |
FM
Family Management
New York
|
+$399K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$3.62M |
| 2 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$2.3M |
| 3 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$996K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$658K |
| 5 |
Bank of New York Mellon
New York
|
-$439K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| – | -$44K | -2,186 | Closed |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| – | -$22K | -1,115 | Closed |
|
RSF Hedge Fund Activity: Q3 2019 in Review
21 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q3 2019, worth a combined $21.8M — down 20% from $27.3M a quarter earlier.
Fund positioning in RSF was balanced in Q3 2019: 6 funds opened new positions, 6 closed out, 4 added to existing stakes and 9 trimmed.
The largest buyer was Berman Capital Advisors, opening a new position worth an estimated $3.32M. The largest seller was Vivaldi Capital Management, cutting an estimated $3.62M.
- 21 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $21.8M of RiverNorth Capital and Income Fund stock for Q3 2019, down 20% quarter-over-quarter.
- 6 funds opened new RiverNorth Capital and Income Fund positions in Q3 2019 and 6 closed out, a net change of 0 holders.
- The largest RiverNorth Capital and Income Fund buyer in Q3 2019 was Berman Capital Advisors, an estimated $3.32M added.
- The largest RiverNorth Capital and Income Fund seller in Q3 2019 was Vivaldi Capital Management, an estimated $3.62M sold.
Based on aggregated 13F filings for Q3 2019.