RiverNorth Capital and Income Fund
19 hedge funds and large institutions have $24.1M invested in RiverNorth Capital and Income Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more funds holding
Funds holding: 18 → 19 (+1)
1.52% more ownership
Funds ownership: 23.45% → 24.97% (+1.5%)
2% less capital invested
Capital invested by funds: $24.7M → $24.1M (-$547K)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.04M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$2.46M |
| 3 |
DFG
DWM Financial Group
Palatine,
Illinois
|
+$2.17M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$594K |
| 5 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.96M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$2M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$758K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$588K |
| 5 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$221K |
RSF Hedge Fund Activity: Q2 2020 in Review
19 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q2 2020, worth a combined $24.1M — down 2.2% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RSF positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.04M. The largest seller was Matisse Capital, cutting an estimated $2.96M.
- 19 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q2 2020, up from 18 in Q1 2020.
- Funds reported $24.1M of RiverNorth Capital and Income Fund stock for Q2 2020, down 2.2% quarter-over-quarter.
- 5 funds opened new RiverNorth Capital and Income Fund positions in Q2 2020 and 4 closed out, a net change of +1 holder.
- The largest RiverNorth Capital and Income Fund buyer in Q2 2020 was Karpus Investment Management, an estimated $3.04M added.
- The largest RiverNorth Capital and Income Fund seller in Q2 2020 was Matisse Capital, an estimated $2.96M sold.
Based on aggregated 13F filings for Q2 2020.