RiverNorth Capital and Income Fund
16 hedge funds and large institutions have $21.2M invested in RiverNorth Capital and Income Fund in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 6 closing their positions.
97% more capital invested
Capital invested by funds: $10.8M → $21.2M (+$10.4M)
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
24.06% more ownership
Funds ownership: 18.43% → 42.5% (+24%)
11% less funds holding
Funds holding: 18 → 16 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$10.9M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.18M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$568K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$318K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$847K |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$847K |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$249K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$236K |
| 5 |
Morgan Stanley
New York
|
-$196K |
RSF Hedge Fund Activity: Q1 2023 in Review
16 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q1 2023, worth a combined $21.2M — up 97% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RSF and 4 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Sit Investment Associates, adding an estimated $10.9M. The largest seller was Alpine Global Management, exiting entirely with an estimated $847K sold.
- 16 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q1 2023, down from 18 in Q4 2022.
- Funds reported $21.2M of RiverNorth Capital and Income Fund stock for Q1 2023, up 97% quarter-over-quarter.
- 4 funds opened new RiverNorth Capital and Income Fund positions in Q1 2023 and 6 closed out, a net change of -2 holders.
- The largest RiverNorth Capital and Income Fund buyer in Q1 2023 was Sit Investment Associates, an estimated $10.9M added.
- The largest RiverNorth Capital and Income Fund seller in Q1 2023 was Alpine Global Management, an estimated $847K sold.
Based on aggregated 13F filings for Q1 2023.