RiverNorth Capital and Income Fund
24 hedge funds and large institutions have $23.4M invested in RiverNorth Capital and Income Fund in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
19.76% more ownership
Funds ownership: 0% → 19.76% (+20%)
14% more funds holding
Funds holding: 21 → 24 (+3)
7% more capital invested
Capital invested by funds: $21.8M → $23.4M (+$1.58M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.68M |
| 2 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$1.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$619K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$385K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$1.62M |
| 2 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$1.09M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$654K |
| 4 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
-$291K |
| 5 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCOV
26
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$3K | -165 | Closed |
|
27
Fidelity Investments
Boston,
Massachusetts
| – | +$55 | +3 | New |
|
RSF Hedge Fund Activity: Q4 2019 in Review
24 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q4 2019, worth a combined $23.4M — up 7.3% from $21.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RSF positions and 3 closed out — a net gain of 4 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Matisse Capital, opening a new position worth an estimated $1.68M. The largest seller was Vivaldi Capital Management, cutting an estimated $1.62M.
- 24 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q4 2019, up from 21 in Q3 2019.
- Funds reported $23.4M of RiverNorth Capital and Income Fund stock for Q4 2019, up 7.3% quarter-over-quarter.
- 7 funds opened new RiverNorth Capital and Income Fund positions in Q4 2019 and 3 closed out, a net change of +4 holders.
- The largest RiverNorth Capital and Income Fund buyer in Q4 2019 was Matisse Capital, an estimated $1.68M added.
- The largest RiverNorth Capital and Income Fund seller in Q4 2019 was Vivaldi Capital Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q4 2019.