RiverNorth Capital and Income Fund
15 hedge funds and large institutions have $17.6M invested in RiverNorth Capital and Income Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 4 closing their positions.
9.82% less ownership
Funds ownership: 26.33% → 16.51% (-9.8%)
12% less funds holding
Funds holding: 17 → 15 (-2)
31% less capital invested
Capital invested by funds: $25.3M → $17.6M (-$7.73M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.59M |
| 2 |
Morgan Stanley
New York
|
+$499K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$256K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$130K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.17M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$2.15M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$2M |
| 4 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
-$641K |
| 5 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$222K |
RSF Hedge Fund Activity: Q2 2021 in Review
15 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q2 2021, worth a combined $17.6M — down 31% from $25.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RSF and 2 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Icon Advisers, opening a new position worth an estimated $1.59M. The largest seller was Karpus Investment Management, cutting an estimated $7.17M.
- 15 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q2 2021, down from 17 in Q1 2021.
- Funds reported $17.6M of RiverNorth Capital and Income Fund stock for Q2 2021, down 31% quarter-over-quarter.
- 2 funds opened new RiverNorth Capital and Income Fund positions in Q2 2021 and 4 closed out, a net change of -2 holders.
- The largest RiverNorth Capital and Income Fund buyer in Q2 2021 was Icon Advisers, an estimated $1.59M added.
- The largest RiverNorth Capital and Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $7.17M sold.
Based on aggregated 13F filings for Q2 2021.