Who Owns RiverNorth Managed Duration Municipal Income Fund II Stock?
NYSE: RMMZFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 19.14%
- Held by insiders
- 0.00%
- Institutional holders
- 23
- Institutions 19.1%
- Insiders 0.0%
- Public and other 80.9%
Who owns RiverNorth Managed Duration Municipal Income Fund II stock?
Institutional investors own about 19.1% of RiverNorth Managed Duration Municipal Income Fund II'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 0.00% of RMMZ.
The largest institutional holders are Morgan Stanley (2.65%), Royal Bank of Canada (2.31%) and Robinson Capital Management, LLC (2.31%). Together, the top 10 institutions control 16.3% of shares outstanding. In their latest filings, 4 of the top 10 institutions increased their RMMZ positions and 4 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of RMMZ
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Morgan Stanley | 224.42K | 2.65% | +2.6% |
| Royal Bank of Canada | 195.61K | 2.31% | -2.3% |
| Robinson Capital Management, LLC | 195.31K | 2.31% | 0.0% |
| Guggenheim Capital, LLC | 192.93K | 2.28% | +89.4% |
| Wells Fargo & Company | 192.32K | 2.27% | -2.8% |
| Gateway Wealth Partners, LLC | 147.25K | 1.74% | -49.5% |
| UBS Group AG | 103.11K | 1.22% | -1.2% |
| Oppenheimer & Co Inc | 52.67K | 0.62% | +27.8% |
| RiverNorth Capital Management, LLC | 40.25K | 0.48% | +62.3% |
| Closed-end Fund Advisors, Inc. | 38.40K | 0.45% | 0.0% |
% 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 RMMZ
| Fund | Shares | % Held |
|---|---|---|
| INVESTMENT MANAGERS SERIES TRUST-Robinson Tax Advantaged Income Fund | 195.31K | 2.31% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 238 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 84 | 0.00% |
Frequently asked questions
Who is the largest shareholder of RiverNorth Managed Duration Municipal Income Fund II?
Morgan Stanley is the largest institutional shareholder of RMMZ, owning 2.65% of shares outstanding (224.42K shares) as of its latest 13F filing.
What percentage of RiverNorth Managed Duration Municipal Income Fund II is owned by institutions?
Institutions own about 19.1% of RMMZ shares and 19.1% of the public float.
How much of RiverNorth Managed Duration Municipal Income Fund II do insiders own?
Insiders, such as officers and directors, own about 0.00% of RMMZ 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.