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RSF

RiverNorth Capital and Income Fund

24 hedge funds and large institutions have $24.6M invested in RiverNorth Capital and Income Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more funds holding

Funds holding: 1524 (+9)

12% more capital invested

Capital invested by funds: $22M → $24.6M (+$2.65M)

3.74% more ownership

Funds ownership: 37.44%41.18% (+3.7%)

73% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 11

Holders
24
Holders Change
+9
Holders Change %
+60%
% of All Funds
0.35%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
10
Increased
3
Reduced
11
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$9.94M -$3.63M -231,877 -27%
WA
2
Waverly Advisors
Alabama
$2.5M +$2.49M +158,969 New
IA
3
Icon Advisers
Colorado
$2.01M -$165K -10,559 -8%
SFS
4
Shaker Financial Services
Virginia
$1.39M +$1.38M +88,487 New
QL
5
Quarry LP
New York
$1.17M +$1.16M +74,398 New
AGM
6
Alpine Global Management
New York
$1.17M +$1.16M +74,368 New
BFM
7
Boothbay Fund Management
New York
$1.17M +$1.16M +74,368 New
CL
8
CSS LLC
Illinois
$1.09M +$39.3K +2,508 +4%
SOA
9
Sea Otter Advisors
Florida
$793K +$789K +50,400 New
CIA
10
Capital Investment Advisors
Georgia
$778K +$773K +49,422 New
Osaic Holdings
11
Osaic Holdings
Arizona
$672K +$20.2K +1,288 +3%
Morgan Stanley
12
Morgan Stanley
New York
$418K -$406K -25,970 -49%
CAM
13
Cresset Asset Management
Illinois
$323K +$321K +20,517 New
NA
14
NewEdge Advisors
Louisiana
$306K +$44.2K +2,826 +17%
RJA
15
Raymond James & Associates
Florida
$255K -$26.9K -1,716 -10%
TPWM
16
Twelve Points Wealth Management
Massachusetts
$243K -$4.48K -286 -2%
YCM
17
Yakira Capital Management
Connecticut
$167K -$239K -15,273 -59%
FFA
18
Farther Finance Advisors
California
$99.3K -$6.45K -412 -6%
UBS Group
19
UBS Group
Switzerland
$38.1K -$49.6K -3,167 -57%
MFG
20
Mendota Financial Group
Wisconsin
$27.5K -$329 -21 -1%
WAM
21
WFA Asset Management
Wisconsin
$24.4K +$24.2K +1,548 New
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$22K -$266 -17 -1%
Wells Fargo
23
Wells Fargo
California
$2.28K -$31 -2 -1%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$16 +$16 +1 New

RSF Hedge Fund Activity: Q1 2024 in Review

24 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in RiverNorth Capital and Income Fund (RSF) for Q1 2024, worth a combined $24.6M — up 12% from $22M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new RSF positions and 0 closed out — a net gain of 10 holders — while 3 added to existing stakes and 11 trimmed.

The largest buyer was Waverly Advisors, opening a new position worth an estimated $2.49M. The largest seller was Sit Investment Associates, cutting an estimated $3.63M.

  • 24 institutional investors held RiverNorth Capital and Income Fund (RSF) as of Q1 2024, up from 15 in Q4 2023.
  • Funds reported $24.6M of RiverNorth Capital and Income Fund stock for Q1 2024, up 12% quarter-over-quarter.
  • 10 funds opened new RiverNorth Capital and Income Fund positions in Q1 2024 and 0 closed out, a net change of +10 holders.
  • The largest RiverNorth Capital and Income Fund buyer in Q1 2024 was Waverly Advisors, an estimated $2.49M added.
  • The largest RiverNorth Capital and Income Fund seller in Q1 2024 was Sit Investment Associates, an estimated $3.63M sold.

Based on aggregated 13F filings for Q1 2024.