RiverNorth Capital and Income Fund
21 hedge funds and large institutions have $25.9M invested in RiverNorth Capital and Income Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
9.49% more ownership
Funds ownership: 41.18% → 50.67% (+9.5%)
5% more capital invested
Capital invested by funds: $24.6M → $25.9M (+$1.32M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 24 → 21 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.74M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.16M |
| 3 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$1.07M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$678K |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$672K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$1.17M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$1.17M |
| 3 |
QL
Quarry LP
New York
|
-$973K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$601K |
| 5 |
WA
Waverly Advisors
Birmingham,
Alabama
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| – | -$16 | -1 | Closed |
|
RSF Hedge Fund Activity: Q2 2024 in Review
21 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q2 2024, worth a combined $25.9M — up 5.4% from $24.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RSF and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.74M. The largest seller was Alpine Global Management, exiting entirely with an estimated $1.17M sold.
- 21 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q2 2024, down from 24 in Q1 2024.
- Funds reported $25.9M of RiverNorth Capital and Income Fund stock for Q2 2024, up 5.4% quarter-over-quarter.
- 2 funds opened new RiverNorth Capital and Income Fund positions in Q2 2024 and 5 closed out, a net change of -3 holders.
- The largest RiverNorth Capital and Income Fund buyer in Q2 2024 was Sit Investment Associates, an estimated $1.74M added.
- The largest RiverNorth Capital and Income Fund seller in Q2 2024 was Alpine Global Management, an estimated $1.17M sold.
Based on aggregated 13F filings for Q2 2024.