RiverNorth Capital and Income Fund
15 hedge funds and large institutions have $21.8M invested in RiverNorth Capital and Income Fund in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 5 closing their positions.
50% more capital inflows, than outflows
Capital inflows: $1.91M | Capital outflows: $1.27M
1.26% more ownership
Funds ownership: 41.66% → 42.92% (+1.3%)
6% less funds holding
Funds holding: 16 → 15 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$678K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$373K |
| 3 |
Mendota Financial Group
Madison,
Wisconsin
|
+$360K |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
+$298K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
-$378K |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
-$308K |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$209K |
| 4 |
Icon Advisers
Greenwood Village,
Colorado
|
-$146K |
| 5 |
StrategIQ Financial Group
Merrillville,
Indiana
|
-$86.7K |
RSF Hedge Fund Activity: Q2 2023 in Review
15 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q2 2023, worth a combined $21.8M — up 3% from $21.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RSF and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 3 added.
The largest buyer was Sit Investment Associates, adding an estimated $678K. The largest seller was Twelve Points Wealth Management, exiting entirely with an estimated $378K sold.
- 15 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q2 2023, down from 16 in Q1 2023.
- Funds reported $21.8M of RiverNorth Capital and Income Fund stock for Q2 2023, up 3% quarter-over-quarter.
- 4 funds opened new RiverNorth Capital and Income Fund positions in Q2 2023 and 5 closed out, a net change of -1 holder.
- The largest RiverNorth Capital and Income Fund buyer in Q2 2023 was Sit Investment Associates, an estimated $678K added.
- The largest RiverNorth Capital and Income Fund seller in Q2 2023 was Twelve Points Wealth Management, an estimated $378K sold.
Based on aggregated 13F filings for Q2 2023.