Who Owns RiverNorth Opportunities Fund Stock?
NYSE: RIVFinanceFinance CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 33.96%
- Held by insiders
- 11.48%
- Institutional holders
- 62
- Institutions 34.0%
- Insiders 11.5%
- Public and other 54.6%
Who owns RiverNorth Opportunities Fund stock?
Institutional investors own about 34.0% of RiverNorth Opportunities Fund'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 11.48% of RIV.
The largest institutional holders are SIT Investment Associates Inc (9.09%), Morgan Stanley (6.83%) and Penserra Capital Management LLC (2.84%). Together, the top 10 institutions control 27.2% of shares outstanding. In their latest filings, 6 of the top 10 institutions increased their RIV positions and 4 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of RIV
| Institution | Shares | % Held | Change |
|---|---|---|---|
| SIT Investment Associates Inc | 2.49M | 9.09% | -0.4% |
| Morgan Stanley | 1.87M | 6.83% | -1.3% |
| Penserra Capital Management LLC | 775.99K | 2.84% | +4.0% |
| LPL Financial LLC | 595.64K | 2.18% | +11.4% |
| Arete Wealth Advisors, LLC | 440.15K | 1.61% | +0.7% |
| Bank of America Corporation | 331.85K | 1.21% | +3.0% |
| Wells Fargo & Company | 292.22K | 1.07% | +0.3% |
| Yakira Capital Management, Inc. | 232.72K | 0.85% | -12.9% |
| Everstar Asset Management, LLC | 213.69K | 0.78% | +26.8% |
| Royal Bank of Canada | 199.89K | 0.73% | -2.6% |
% 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 RIV
| Fund | Shares | % Held |
|---|---|---|
| Amplify ETF Trust-Amplify CEF High Income ETF | 772.29K | 2.82% |
| Unified Series Trust-Absolute CEF Opportunities | 30 | 0.00% |
Frequently asked questions
Who is the largest shareholder of RiverNorth Opportunities Fund?
SIT Investment Associates Inc is the largest institutional shareholder of RIV, owning 9.09% of shares outstanding (2.49M shares) as of its latest 13F filing.
What percentage of RiverNorth Opportunities Fund is owned by institutions?
Institutions own about 34.0% of RIV shares and 38.4% of the public float.
How much of RiverNorth Opportunities Fund do insiders own?
Insiders, such as officers and directors, own about 11.48% of RIV 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.