Who Owns RiverNorth Opportunistic Municipal Income Fund Stock?
NYSE: RMIFinanceFinance/Investors ServicesUSD
At close: Oct 8, 3:59 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 20.73%
- Held by insiders
- 1.32%
- Institutional holders
- 23
- Institutions 20.7%
- Insiders 1.3%
- Public and other 77.9%
Who owns RiverNorth Opportunistic Municipal Income Fund stock?
Institutional investors own about 20.7% of RiverNorth Opportunistic Municipal Income Fund's shares, spread across 23 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 1.32% of RMI.
The largest institutional holders are Morgan Stanley (3.59%), Robinson Capital Management, LLC (2.26%) and Wells Fargo & Company (2.24%). Together, the top 10 institutions control 16.8% of shares outstanding. In their latest filings, 3 of the top 10 institutions increased their RMI positions and 7 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of RMI
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Morgan Stanley | 229.11K | 3.59% | -3.6% |
| Robinson Capital Management, LLC | 143.79K | 2.26% | -6.0% |
| Wells Fargo & Company | 142.96K | 2.24% | -2.5% |
| Guggenheim Capital, LLC | 140.75K | 2.21% | +177.8% |
| Rockefeller Capital Management L.P. | 96.20K | 1.51% | -13.9% |
| Royal Bank of Canada | 87.33K | 1.37% | -6.9% |
| UBS Group AG | 84.33K | 1.32% | -7.4% |
| Gateway Wealth Partners, LLC | 53.14K | 0.83% | -50.0% |
| Envestnet Asset Management Inc. | 47.86K | 0.75% | +11.9% |
| Osaic Holdings Inc. | 47.13K | 0.74% | +37.7% |
% 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 RMI
| Fund | Shares | % Held |
|---|---|---|
| INVESTMENT MANAGERS SERIES TRUST-Robinson Tax Advantaged Income Fund | 143.79K | 2.26% |
Frequently asked questions
Who is the largest shareholder of RiverNorth Opportunistic Municipal Income Fund?
Morgan Stanley is the largest institutional shareholder of RMI, owning 3.59% of shares outstanding (229.11K shares) as of its latest 13F filing.
What percentage of RiverNorth Opportunistic Municipal Income Fund is owned by institutions?
Institutions own about 20.7% of RMI shares and 21.0% of the public float.
How much of RiverNorth Opportunistic Municipal Income Fund do insiders own?
Insiders, such as officers and directors, own about 1.32% of RMI 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.