RiverNorth Capital and Income Fund
18 hedge funds and large institutions have $24.7M invested in RiverNorth Capital and Income Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 9 closing their positions.
5% more capital invested
Capital invested by funds: $23.4M → $24.7M (+$1.25M)
3.69% more ownership
Funds ownership: 19.76% → 23.45% (+3.7%)
25% less funds holding
Funds holding: 24 → 18 (-6)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.68M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$4.96M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$427K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$420K |
| 5 |
Morgan Stanley
New York
|
+$3.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
DWM Financial Group
Palatine,
Illinois
|
-$2.58M |
| 2 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$1.78M |
| 3 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$978K |
| 4 |
FM
Family Management
New York
|
-$578K |
| 5 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
-$220K |
RSF Hedge Fund Activity: Q1 2020 in Review
18 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q1 2020, worth a combined $24.7M — up 5.3% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RSF and 4 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $5.68M. The largest seller was DWM Financial Group, exiting entirely with an estimated $2.58M sold.
- 18 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q1 2020, down from 24 in Q4 2019.
- Funds reported $24.7M of RiverNorth Capital and Income Fund stock for Q1 2020, up 5.3% quarter-over-quarter.
- 4 funds opened new RiverNorth Capital and Income Fund positions in Q1 2020 and 9 closed out, a net change of -5 holders.
- The largest RiverNorth Capital and Income Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $5.68M added.
- The largest RiverNorth Capital and Income Fund seller in Q1 2020 was DWM Financial Group, an estimated $2.58M sold.
Based on aggregated 13F filings for Q1 2020.