Rivernorth Capital Management Q3 2022 vs. Q4 2022: A Close Look at 13F Holdings Comparison

Have you ever wondered how institutional investors manage their holdings? One way to gain some insight is through the SEC's requirement for certain firms to file Form 13F. These reports reveal the assets, market values, and changes in holdings of institutional investors.

One noteworthy institutional investor is Rivernorth Capital Management LLC, a Chicago-based firm that specializes in closed-end funds. In this blog post, we will take a closer look at Rivernorth Capital Management's Q3 2022 vs. Q4 2022 13F holdings comparison, focusing on the top changes in share counts and values.

Nuveen AMT Free Qlty Mun Inc: A Significant Increase in Share Counts and Values

Rivernorth Capital Management significantly increased its holdings in Nuveen AMT Free Qlty Mun Inc (NEA) in Q4 2022, holding 9.21 million shares compared to 6.04 million shares in Q3 2022. The firm's share counts increased by 52.2%, and the market value jumped from $64 million in Q3 to $104 million in Q4, indicating a 63.8% increase in values.

Nuveen Quality Muncp Income: Another Notable Increase in Share Counts and Values

Rivernorth Capital Management also increased its holdings in Nuveen Quality Muncp Income (NAD), with the share count increasing by 54.1% in Q4 2022, from 4.82 million shares in Q3 to 7.44 million shares in Q4. This translates to an increase of 65.5% in market values, from $53 million in Q3 to $87 million in Q4.

PIMCO Dynamic Income Oprnts: The Largest Decrease in Share Counts and Values

The PIMCO Dynamic Income Oprnts (PDO) saw the most significant decline in Rivernorth Capital Management's holdings in Q4, with share counts falling from 4.50 million in Q3 to 3.74 million in Q4, reflecting a 16.8% decrease. The market value also decreased by 19.7%, from $59 million in Q3 to $47 million in Q4.

BlackRock ESG Cap Allc Tr: A Significant Increase in Share Counts and Values

Rivernorth Capital Management increased holdings in BlackRock ESG Cap Allc Tr (ECAT) by 6.2% in Q4, from 5.07 million shares in Q3 to 5.39 million shares in Q4. The market value also increased by 11.7%, from $64 million in Q3 to $72 million in Q4.

Conclusion

Rivernorth Capital Management's Q3 2022 vs. Q4 2022 13F holdings comparison shows significant changes in holdings across various stocks. The firm increased its holdings in Nuveen AMT Free Qlty Mun Inc, Nuveen Quality Muncp Income, and BlackRock ESG Cap Allc Tr, while decreasing its holdings in PIMCO Dynamic Income Oprnts. These holdings changes provide insight into Rivernorth Capital Management's investment portfolios and strategies.