Who Owns RiverNorth Flexible Municipal Income Fund II Stock?
NYSE: RFMZFinanceFinance/Investors ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 32.66%
- Held by insiders
- 0.07%
- Institutional holders
- 62
- Institutions 32.7%
- Insiders 0.1%
- Public and other 67.3%
Who owns RiverNorth Flexible Municipal Income Fund II stock?
Institutional investors own about 32.7% of RiverNorth Flexible Municipal Income Fund II's shares, spread across 62 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.07% of RFMZ.
The largest institutional holders are Pathstone Holdings, LLC (3.45%), Rockefeller Capital Management L.P. (3.36%) and Morgan Stanley (2.88%). Together, the top 10 institutions control 22.2% of shares outstanding. In their latest filings, 5 of the top 10 institutions increased their RFMZ positions and 4 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of RFMZ
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Pathstone Holdings, LLC | 840.05K | 3.45% | +53.8% |
| Rockefeller Capital Management L.P. | 817.45K | 3.36% | +0.7% |
| Morgan Stanley | 700.25K | 2.88% | +0.4% |
| Robinson Capital Management, LLC | 643.73K | 2.64% | 0.0% |
| UBS Group AG | 534.34K | 2.19% | -11.5% |
| Atlas Wealth LLC | 467.36K | 1.92% | +38.7% |
| Guggenheim Capital, LLC | 432.95K | 1.78% | +278.1% |
| Wells Fargo & Company | 375.96K | 1.54% | -3.7% |
| Royal Bank of Canada | 351.75K | 1.44% | -0.9% |
| Karpus Management, Inc. | 254.28K | 1.04% | -3.4% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of RFMZ
| Fund | Shares | % Held |
|---|---|---|
| INVESTMENT MANAGERS SERIES TRUST-Robinson Tax Advantaged Income Fund | 643.73K | 2.64% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 214 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 75 | 0.00% |
Frequently asked questions
Who is the largest shareholder of RiverNorth Flexible Municipal Income Fund II?
Pathstone Holdings, LLC is the largest institutional shareholder of RFMZ, owning 3.45% of shares outstanding (840.05K shares) as of its latest 13F filing.
What percentage of RiverNorth Flexible Municipal Income Fund II is owned by institutions?
Institutions own about 32.7% of RFMZ shares and 32.7% of the public float.
How much of RiverNorth Flexible Municipal Income Fund II do insiders own?
Insiders, such as officers and directors, own about 0.07% of RFMZ shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.