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RSF

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.

New
Increased
Maintained
Reduced
Closed

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: 2418 (-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

Holders
18
Holders Change
-6
Holders Change %
-25%
% of All Funds
0.4%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
3
Reduced
10
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MC
1
Matisse Capital
Oregon
$6.01M +$4.96M +286,930 +310%
KIM
2
Karpus Investment Management
New York
$5.2M +$5.68M +328,169 New
SFG
3
StrategIQ Financial Group
Indiana
$4.39M -$164K -9,488 -3%
BCA
4
Berman Capital Advisors
Georgia
$2.43M -$220K -12,734 -8%
UCFA
5
United Capital Financial Advisors
Texas
$2M -$45.3K -2,617 -2%
HighTower Advisors
6
HighTower Advisors
Illinois
$1.22M
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$931K +$427K +24,693 +72%
BAC
8
Boys Arnold & Co
North Carolina
$684K -$101K -5,852 -12%
YCM
9
Yakira Capital Management
Connecticut
$418K -$108K -6,259 -19%
CIA
10
Capital Investment Advisors
Georgia
$385K +$420K +24,287 New
Wells Fargo
11
Wells Fargo
California
$335K -$51.3K -2,967 -12%
CWM
12
Centric Wealth Management
Illinois
$221K -$978K -56,526 -83%
CPIG
13
Chicago Partners Investment Group
Illinois
$199K -$3.81K -220 -2%
VCM
14
Vivaldi Capital Management
Illinois
$198K +$3.2K +185 +1%
UBS Group
15
UBS Group
Switzerland
$14K -$54.5K -3,153 -79%
BC
16
Bartlett & Co
Ohio
$3K +$3.01K +174 New
Morgan Stanley
17
Morgan Stanley
New York
$3K +$3.46K +200 New
BCWM
18
Bartlett & Co Wealth Management
Ohio
$2.76K -$277 -16 -8%
DFG
19
DWM Financial Group
Illinois
-$2.58M -144,206 Closed
FM
20
Foster & Motley
Ohio
-$1.78M -99,760 Closed
FM
21
Family Management
New York
-$578K -32,336 Closed
SFS
22
Shaker Financial Services
Virginia
-$218K -12,231 Closed
WPA
23
West Paces Advisors
Georgia
-$105K -5,870 Closed
ASN
24
Advisory Services Network
Georgia
-$38K -2,109 Closed
Bank of America
25
Bank of America
North Carolina
-$33K -1,843 Closed

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.