RiverNorth Capital and Income Fund
16 hedge funds and large institutions have $13.9M invested in RiverNorth Capital and Income Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
7% more funds holding
Funds holding: 15 → 16 (+1)
2.99% less ownership
Funds ownership: 16.18% → 13.19% (-3%)
61% less capital inflows, than outflows
Capital inflows: $2.06M | Capital outflows: $5.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Icon Advisers
Greenwood Village,
Colorado
|
+$757K |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
+$624K |
| 3 |
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$281K |
| 4 |
Morgan Stanley
New York
|
+$253K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$4.35M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
-$273K |
| 3 |
Berman Capital Advisors
Atlanta,
Georgia
|
-$244K |
| 4 |
StrategIQ Financial Group
Merrillville,
Indiana
|
-$159K |
| 5 |
Harbour Investments
Madison,
Wisconsin
|
-$139K |
RSF Hedge Fund Activity: Q3 2021 in Review
16 of the 5,732 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q3 2021, worth a combined $13.9M — down 21% from $17.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RSF positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Icon Advisers, adding an estimated $757K. The largest seller was Karpus Investment Management, cutting an estimated $4.35M.
- 16 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q3 2021, up from 15 in Q2 2021.
- Funds reported $13.9M of RiverNorth Capital and Income Fund stock for Q3 2021, down 21% quarter-over-quarter.
- 3 funds opened new RiverNorth Capital and Income Fund positions in Q3 2021 and 2 closed out, a net change of +1 holder.
- The largest RiverNorth Capital and Income Fund buyer in Q3 2021 was Icon Advisers, an estimated $757K added.
- The largest RiverNorth Capital and Income Fund seller in Q3 2021 was Karpus Investment Management, an estimated $4.35M sold.
Based on aggregated 13F filings for Q3 2021.