RiverNorth Capital and Income Fund
15 hedge funds and large institutions have $23.2M invested in RiverNorth Capital and Income Fund in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 7 closing their positions.
1% less capital invested
Capital invested by funds: $23.3M → $23.2M (-$119K)
3.17% less ownership
Funds ownership: 29.19% → 26.02% (-3.2%)
17% less funds holding
Funds holding: 18 → 15 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$783K |
| 2 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$174K |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$160K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$131K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$2.31M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$335K |
| 3 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$221K |
| 4 |
SBSB
Sullivan, Bruyette, Speros & Blaney
Mclean,
Virginia
|
-$213K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$204K |
RSF Hedge Fund Activity: Q4 2020 in Review
15 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q4 2020, worth a combined $23.2M — down 0.51% from $23.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RSF and 4 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was Karpus Investment Management, adding an estimated $783K. The largest seller was Vivaldi Capital Management, cutting an estimated $2.31M.
- 15 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q4 2020, down from 18 in Q3 2020.
- Funds reported $23.2M of RiverNorth Capital and Income Fund stock for Q4 2020, down 0.51% quarter-over-quarter.
- 4 funds opened new RiverNorth Capital and Income Fund positions in Q4 2020 and 7 closed out, a net change of -3 holders.
- The largest RiverNorth Capital and Income Fund buyer in Q4 2020 was Karpus Investment Management, an estimated $783K added.
- The largest RiverNorth Capital and Income Fund seller in Q4 2020 was Vivaldi Capital Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q4 2020.