Rivernorth Capital Management, LLC 13F Portfolio & Position Changes

CIK: 0001447578

Diversified strategySector-focusedMomentum follower

Total reported value

$2.0B

Reporting period: 2026-03-31 · Number of holdings: 542

RIVERNORTH CAPITAL MANAGEMENT, LLC disclosed 542 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.0B and a quarterly turnover rate of 84.5%.

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Personality snowflake

Concentration: 5.38
Portfolio Stability: 84.51
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 100
Sizing Uniformity: 74.89

Rivernorth Capital Management, LLC's disclosed holdings carry a Herfindahl concentration index of 0.013 — mathematically equivalent to about 74 equally-sized positions, well below its 542 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 2.51), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 4% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Add MHD
+199.7%　$92.1M
Add MQY
+223.8%　$59.2M
Add MYI
+200.0%　$36.2M
Add MUB
+271.0%　$26.0M
Add FSK
+580.7%　$16.8M
Add MYN
+411.5%　$13.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 542 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	MHD	Blackrock Muniholdings Fund	Stock-Other	7.05%	+4.73%	+199.75%
2	MQY	Blackrock Muniyield Quality	Stock-Other	4.34%	+3.04%	+223.82%
3	MYI	Blackrock Muniyield Qlty Iii	Stock-Other	2.76%	+1.86%	+200.00%
4	HYT	Blackrock CORP Hi Yld	Stock-Other	2.51%	+2.51%	NEW
5	VKQ	Invesco Municipal Trust	Stock-Other	2.09%	-0.54%	-23.95%
6	MUB	Ishares National Muni Bond E	ETF-Other	1.79%	+1.33%	+271.05%
7	BSTZ	Blackrock Sci & Tech Trm Tr	Stock-Other	1.65%	—	+2.46%
8	PML	Pimco Municipal Income Fd Ii	Stock-Other	1.61%	—	-15.48%
9	FSSL	Fs Specialty Lending Fund	Stock-Other	1.45%	+0.56%	+73.66%
10	USA	Liberty All Star Equity Fund	Stock-Other	1.44%	-0.23%	-7.75%
11	OTF	Blue Owl Technology Finance	Stock-Other	1.35%	—	+12.48%
12	VMO	Invesco Municipal Opport	Stock-Other	1.30%	-0.53%	-32.41%
13	PDX	Pimco Dynamic Income Strat	Stock-Other	1.26%	—	-28.79%
14	SABA	Saba Capital Income & Opp Ii	Stock-Other	1.19%	—	+2.38%
15	MUC	Blackrock Munihold Ca Qlty	Stock-Other	1.17%	—	-2.19%
16	XPCQX	Pimco California Muni INC Fd	Stock-Other	1.08%	—	+2.65%
17	FSK	Fs Kkr Capital CORP	Stock-Financials	1.07%	+0.85%	+580.72%
18	GOF	Guggenheim Strategic Opport	Stock-Other	1.04%	+0.55%	+132.64%
19	FSCO	Fs Credit Opportunities CORP	Stock-Other	1.02%	+1.02%	NEW
20	COMP	Compass INC - Class A	Stock-Real Estate	1.02%	+1.02%	NEW
21	BTT	Blackrock 2030 Muni Trgt Trm	Stock-Other	1.00%	-0.26%	-24.43%
22	MMU	Western Asset Managed Munici	Stock-Other	1.00%	-0.35%	-28.97%
23	BTX	Blackrock Tech & Priv Eqty	Stock-Other	0.85%	+0.85%	NEW
24	MYN	Blackrock Muniyield Ny Qlty	Stock-Other	0.83%	+0.67%	+411.46%
25	UTF	Cohen & Steers Infrastructur	Stock-Other	0.79%	-0.57%	-48.87%
26	OBDC	Blue Owl Capital CORP	Stock-Financials	0.79%	+0.49%	+181.62%
27	EIM	Eaton Vance Municipal Bond	Stock-Other	0.79%	—	+1.28%
28	BIT	Blackrock Multi-sector INC	Stock-Other	0.76%	-0.33%	-30.93%
29	MSDL	Morgan Stanley Direct Lendin	Stock-Other	0.73%	—	+37.64%
30	OCSL	Oaktree Specialty Lending Co	Stock-Other	0.72%	—	+0.96%
31	CGBD	Carlyle Secured Lending INC	Stock-Other	0.70%	-0.42%	-33.05%
32	FTHY	First Trust Hi Yld Opp 2027	Stock-Other	0.69%	—	+0.17%
33	BRW	Saba Capital Income & Opport	Stock-Other	0.68%	—	-0.65%
34	LEO	Bny Mellon Strategic Muni	Stock-Other	0.62%	—	-9.56%
35	GLO	Clough Global Opportunities	Stock-Other	0.62%	—	-27.41%
36	EAF	GrafTech International Ltd.	Stock-Other	0.59%	—	—
37	BMEZ	Blackrock Hlth Sci Trm Tr Ii	Stock-Other	0.58%	—	+24.77%
38	AFB	Allianceberstein Ntl Muni	Stock-Other	0.57%	—	+2.08%
39	XCMUX	Mfs High Yield Municipal Tr	Stock-Other	0.53%	—	+12.36%
40	RMT	Royce Micro-cap Trust INC	Stock-Other	0.51%	—	+0.61%
41	RVT	Royce Small-cap Trust INC	Stock-Other	0.50%	—	+0.52%
42	DSM	Bnym Strat Muni Bnd	Stock-Other	0.50%	—	+98.70%
43	KYN	Kayne Anderson Energy Infra	Stock-Other	0.49%	—	+0.45%
44	MPA	Blackrock Muniyield Pa Qltyv	Stock-Other	0.49%	—	-16.20%
45	HHH	Howard Hughes Holdings INC	Stock-Real Estate	0.47%	—	+4.34%
46	NBH	Neuberger Municipal Fund INC	Stock-Other	0.47%	—	-0.25%
47	XGLQX	Clough Global Equity Fund	Stock-Other	0.46%	—	-7.58%
48	SBI	Western Asset Intermediate	Stock-Other	0.46%	—	+0.63%
49	PSBD	Palmer Square Capital Bdc In	Stock-Other	0.41%	—	+43.76%
50	WIW	Western Asst Infl-lnk Opp	Stock-Other	0.41%	—	-14.66%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

-0.9%

Performance Last 4 Quarters

+1.7%

Based on 56% of reported portfolio value with available pricing

Stdev: +12.9%
Beta: +0.83
Alpha: -3.8%
Max Drawdown: -9.2%
Annualized Perf: +11.4%
Batting Avg vs S&P: +36.1%
Sortino: +1.71
Stutzer: +0.27
Treynor: +0.14
Sterling: +0.63
Calmar: +1.24
Information Ratio: -0.95
Tracking Error: +7.2%
Stdev Down: +6.8%
Winning Months %: +58.3%
Losing Months %: +41.7%
Best 12 Months: +36.7%
Worst 12 Months: +1.7%
Efficiency Ratio: +0.33
Sharpe: +0.9
Stdev Sectors: +25.3%
Skewness: +0.27
Kurtosis: -0.31
Upside Potential: +3.65

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	542	$2.0B	85	1MHD 2MQY 3MYI Top holdings2026-03-31 1.MHD 2.MQY 3.MYI 4.HYT 5.VKQ 6.MUB 7.BSTZ 8.PML 9.FSSL 10.USA
2025-12-31	477	$2.1B	49	1VKQ 2PDI 3MHD Top holdings2025-12-31 1.VKQ 2.PDI 3.MHD 4.XMYDX 5.BLE 6.VMO 7.PML 8.USA 9.BSTZ 10.MHD
2025-09-30	479	$1.8B	80	1MHD 2XMYDX 3VKQ Top holdings2025-09-30 1.MHD 2.XMYDX 3.VKQ 4.PML 5.BLE 6.PDX 7.VMO 8.MMU 9.MHD 10.MQY
2025-06-30	357	$1.8B	0	1NAD 2MHD 3NUV Top holdings2025-06-30 1.NAD 2.MHD 3.NUV 4.XMYDX 5.MMU 6.NVG 7.BLE 8.VMO 9.PDX 10.MHD
2025-03-31	360	$1.9B	100	1NAD 2NUV 3NVG Top holdings2025-03-31 1.NAD 2.NUV 3.NVG 4.MMU 5.XMYDX 6.MHD 7.XNEAX 8.PDX 9.VMO 10.BLE
2024-12-31	409	$2.1B	0	1NAD 2NUV 3NVG Top holdings2024-12-31 1.NAD 2.NUV 3.NVG 4.XNEAX 5.MMU 6.PDX 7.MHD 8.BCAT 9.XMYDX 10.ECAT
2024-09-30	388	$2.1B	0	1NAD 2XNEAX 3NUV Top holdings2024-09-30 1.NAD 2.XNEAX 3.NUV 4.MMU 5.NVG 6.ECAT 7.BCAT 8.MHD 9.XMYDX 10.PDX
2024-06-30	444	$2.1B	0	1NAD 2XNEAX 3BCAT Top holdings2024-06-30 1.NAD 2.XNEAX 3.BCAT 4.NVG 5.ECAT 6.MMU 7.NUV 8.MHD 9.XMYDX 10.BTT
2024-03-31	464	$2.1B	0	1NAD 2XNEAX 3BCAT Top holdings2024-03-31 1.NAD 2.XNEAX 3.BCAT 4.NVG 5.MMU 6.NUV 7.JPC 8.XMYDX 9.MHD 10.NAC
2023-12-31	490	$2.1B	0	1XNEAX 2NAD 3BCAT Top holdings2023-12-31 1.XNEAX 2.NAD 3.BCAT 4.NVG 5.JPC 6.NUV 7.MMU 8.NAC 9.ECAT 10.MHD
2023-09-30	544	$1.9B	0	1XNEAX 2BCAT 3ECAT Top holdings2023-09-30 1.XNEAX 2.BCAT 3.ECAT 4.NVG 5.NAD 6.NZF 7.NAC 8.NAD 9.BTT 10.NUV
2023-06-30	585	$2.0B	0	1ECAT 2XNEAX 3BCAT Top holdings2023-06-30 1.ECAT 2.XNEAX 3.BCAT 4.NAD 5.NZF 6.NAC 7.NAD 8.NVG 9.BTT 10.PDX
2023-03-31	638	$2.1B	0	1ECAT 2BCAT 3XNEAX Top holdings2023-03-31 1.ECAT 2.BCAT 3.XNEAX 4.NAD 5.NZF 6.NAD 7.NAC 8.NVG 9.BBDC 10.NUV
2022-12-31	717	$2.2B	0	1XNEAX 2NAD 3BCAT Top holdings2022-12-31 1.XNEAX 2.NAD 3.BCAT 4.ECAT 5.NZF 6.PDO 7.NAC 8.NUV 9.NAD 10.BBDC
2022-09-30	873	$2.2B	0	1BCAT 2ECAT 3XNEAX Top holdings2022-09-30 1.BCAT 2.ECAT 3.XNEAX 4.PDO 5.NAD 6.NRK 7.BBDC 8.GBDC 9.NZF 10.NMFC 5.75 08-15-23
2022-06-30	819	$2.5B	0	1XNEAX 2NAD 3BCAT Top holdings2022-06-30 1.XNEAX 2.NAD 3.BCAT 4.ECAT 5.PDO 6.NRK 7.PSTHUSD 8.BBDC 9.PDI 10.GBDC
2022-03-31	825	$2.7B	0	1XNEAX 2NAD 3BCAT Top holdings2022-03-31 1.XNEAX 2.NAD 3.BCAT 4.ECAT 5.PDO 6.NDMO 7.PTA 8.NRK 9.PDI 10.PDX
2021-12-31	718	$2.5B	0	1XNEAX 2BCAT 3NAD Top holdings2021-12-31 1.XNEAX 2.BCAT 3.NAD 4.BTX 5.ECAT 6.PTA 7.PDI 8.78518H 9.WDI 10.NRK
2021-09-30	570	$1.9B	0	1XNEAX 2NAD 3NRK Top holdings2021-09-30 1.XNEAX 2.NAD 3.NRK 4.78518H 5.NMFC 5.75 08-15-23 6.SMHC 7.BST 8.PDX 9.GOF 10.BKCC 5 06-15-22
2021-06-30	484	$1.8B	50	1XNEAX 2NAD378518H Top holdings2021-06-30 1.XNEAX 2.NAD 3.78518H 4.WIW 5.NAC 6.FSC1EUR 7.MYI 8.NRK 9.BKCC 5 06-15-22 10.EIM
2021-03-31	458	$1.7B	53	1XNEAX 2NAD 3VOYA Top holdings2021-03-31 1.XNEAX 2.NAD 3.VOYA 4.WIW 5.FSC1EUR 6.NMFC 5.75 08-15-23 7.SMHC 8.VVR 9.MYI 10.BKCC 5 06-15-22
2020-12-31	355	$1.7B	55	1NAD 2XNEAX 3WIW Top holdings2020-12-31 1.NAD 2.XNEAX 3.WIW 4.VOYA 5.XEVVX 6.OBDC 7.FSC1EUR 8.NMFC 5.75 08-15-23 9.VVR 10.BKCC 5 06-15-22
2020-09-30	334	$1.6B	44	1NAD 2XNEAX 3VOYA Top holdings2020-09-30 1.NAD 2.XNEAX 3.VOYA 4.EHI 5.WIW 6.XEVVX 7.HIO 8.NMFC 5.75 08-15-23 9.BBDC 10.GHY
2020-06-30	264	$1.8B	47	1XNEAX 2NAD 3WIW Top holdings2020-06-30 1.XNEAX 2.NAD 3.WIW 4.XEVVX 5.EHI 6.VOYA 7.HIO 8.EIM 9.NAC 10.BBDC
2020-03-31	273	$1.5B	51	1NAD 2XNEAX 3WIW Top holdings2020-03-31 1.NAD 2.XNEAX 3.WIW 4.XEVVX 5.HIO 6.EIM 7.EHI 8.BWG 9.BBDC 10.GHY
2019-12-31	263	$1.7B	100	1XNEAX 2NAD 3XEVVX Top holdings2019-12-31 1.XNEAX 2.NAD 3.XEVVX 4.HIO 5.BTZ 6.BWG 7.GHY 8.XEMDX 9.XJQCX 10.WIW
2019-09-30	244	$2.2B	0	1NMFC 5.75 08-15-23 2NAD 3XNEAX Top holdings2019-09-30 1.NMFC 5.75 08-15-23 2.NAD 3.XNEAX 4.HIO 5.XEVVX 6.XEMDX 7.HFRO 8.EHI 9.SMHC 10.BWG
2019-06-30	243	$2.3B	55	1NMFC 5.75 08-15-23 2TCPC 5.25 12-15-19 3HIO Top holdings2019-06-30 1.NMFC 5.75 08-15-23 2.TCPC 5.25 12-15-19 3.HIO 4.NAD 5.XEVVX 6.XEMDX 7.XNEAX 8.HFRO 9.SMHC 10.XJQCX
2019-03-31	234	$1.5B	38	1NAD 2XEVVX 3XEMDX Top holdings2019-03-31 1.NAD 2.XEVVX 3.XEMDX 4.HIO 5.XNEAX 6.HFRO 7.XJQCX 8.VVR 9.VOYA 10.BTZ
2018-12-31	293	$1.7B	56	1XEMDX 2XNEAX 3NAD Top holdings2018-12-31 1.XEMDX 2.XNEAX 3.NAD 4.XEVVX 5.HIO 6.HFRO 7.GHY 8.XJQCX 9.VOYA 10.BTZ
2018-09-30	213	$1.2B	41	1XEMDX 2XEVVX 3HIO Top holdings2018-09-30 1.XEMDX 2.XEVVX 3.HIO 4.XNEAX 5.BTZ 6.XJQCX 7.GHY 8.TDF 9.VVR 10.HFRO
2018-06-30	209	$1.3B	32	1XEMDX 2XNEAX 3XEVVX Top holdings2018-06-30 1.XEMDX 2.XNEAX 3.XEVVX 4.HIO 5.HYT 6.BTZ 7.XJQCX 8.XAODX 9.TDF 10.NAD
2018-03-31	181	$1.3B	31	1XEMDX 2XNEAX 3XEVVX Top holdings2018-03-31 1.XEMDX 2.XNEAX 3.XEVVX 4.HIO 5.USA 6.BTZ 7.HYT 8.PINE 9.XJQCX 10.GLO
2017-12-31	170	$1.4B	38	1XEMDX 2USA 3XNEAX Top holdings2017-12-31 1.XEMDX 2.USA 3.XNEAX 4.XEVVX 5.HIO 6.BTZ 7.XJQCX 8.HYT 9.GLO 10.NAD
2017-09-30	129	$1.2B	26	1XEMDX 2GLO 3USA Top holdings2017-09-30 1.XEMDX 2.GLO 3.USA 4.XNEAX 5.HIO 6.XEVVX 7.BTZ 8.HYT 9.XJQCX 10.ARCC
2017-06-30	140	$1.3B	27	1XEMDX 2XNEAX 3RA Top holdings2017-06-30 1.XEMDX 2.XNEAX 3.RA 4.GLO 5.XEVVX 6.HIO 7.BTZ 8.HYT 9.XJQCX 10.ARCC
2017-03-31	141	$1.4B	46	1XEMDX 2RA 3GLO Top holdings2017-03-31 1.XEMDX 2.RA 3.GLO 4.XNEAX 5.XEVVX 6.HIO 7.BTZ 8.USA 9.HYT 10.XJQCX
2016-12-31	151	$1.5B	45	1GLO 21JFD 3XEVVX Top holdings2016-12-31 1.GLO 2.1JFD 3.XEVVX 4.02503Y 5.RA 6.XNEAX 7.BTZ 8.USA 9.XJQCX 10.95766E
2016-09-30	139	$1.4B	29	102503Y2GLO 3USA Top holdings2016-09-30 1.02503Y 2.GLO 3.USA 4.BTZ 5.1JFD 6.XJQCX 7.RVT 8.XEVVX 9.STEW 10.VWO
2016-06-30	149	$1.5B	27	11JFD202503Y3GLO Top holdings2016-06-30 1.1JFD 2.02503Y 3.GLO 4.BTZ 5.ACGYX 6.XJQCX 7.USA 8.XEVVX 9.SPY 10.RVT
2016-03-31	171	$1.6B	21	11JFD202503Y3GLO Top holdings2016-03-31 1.1JFD 2.02503Y 3.GLO 4.BTZ 5.AB 6.XJQCX 7.USA 8.XEVVX 9.HYT 10.STEW
2015-12-31	198	$1.8B	23	11JFD202503Y3FITB Top holdings2015-12-31 1.1JFD 2.02503Y 3.FITB 4.GLO 5.BTZ 6.AB 7.SGOL 8.XJQCX 9.USA 10.STEW
2015-09-30	198	$1.6B	24	11JFD 2GLO302503Y Top holdings2015-09-30 1.1JFD 2.GLO 3.02503Y 4.BTZ 5.AB 6.XJQCX 7.SGOL 8.HYT 9.STEW 10.FITB
2015-06-30	181	$1.6B	20	11JFD 2GLO 3BTZ Top holdings2015-06-30 1.1JFD 2.GLO 3.BTZ 4.XJQCX 5.SPY 6.AB 7.02503Y 8.STEW 9.USA 10.HYT
2015-03-31	172	$1.5B	26	11JFD 2BTZ 3XJQCX Top holdings2015-03-31 1.1JFD 2.BTZ 3.XJQCX 4.AB 5.STEW 6.02503Y 7.VWO 8.SPY 9.ADX 10.TY
2014-12-31	200	$1.5B	35	11JFD 2BTZ 3XJQCX Top holdings2014-12-31 1.1JFD 2.BTZ 3.XJQCX 4.SPY 5.VWO 6.SGOL 7.TDF 8.ADX 9.TY 10.OEF
2014-09-30	175	$1.2B	22	1SPY 21JFD 3BTZ Top holdings2014-09-30 1.SPY 2.1JFD 3.BTZ 4.XJQCX 5.VWO 6.ADX 7.VEA 8.TY 9.OEF 10.PRFUSD
2014-06-30	177	$1.2B	25	1SPY 2BTZ 31JFD Top holdings2014-06-30 1.SPY 2.BTZ 3.1JFD 4.XJQCX 5.ADX 6.RVT 7.TY 8.TDF 9.OEF 10.VWO
2014-03-31	190	$1.2B	27	11JFD 2BTZ 3SPY Top holdings2014-03-31 1.1JFD 2.BTZ 3.SPY 4.XJQCX 5.RVT 6.ADX 7.TY 8.SGOL 9.OEF 10.VMO
2013-12-31	218	$1.3B	53	11JFD 2BTZ 3PDI Top holdings2013-12-31 1.1JFD 2.BTZ 3.PDI 4.RVT 5.PTY 6.SGOL 7.AB 8.ADX 9.USA 10.TY
2013-09-30	188	$950.4M	25	1BTZ 2PDI 3OEF Top holdings2013-09-30 1.BTZ 2.PDI 3.OEF 4.RVT 5.1JFD 6.PRFUSD 7.AB 8.ADX 9.ETJ 10.USA
2013-06-30	165	$898.4M	0	1BTZ 2PDI 3OEF Top holdings2013-06-30 1.BTZ 2.PDI 3.OEF 4.RVT 5.1JFD 6.PRFUSD 7.USA 8.ETJ 9.ADX 10.AB

Holding changes this quarter

Rivernorth Capital Management, LLC's most significant position changes for 2026-03-31: New buy: Blackrock CORP Hi Yld (HYT); Sold out: Pimco Dynamic Income Fund (PDI); Sold out: Blackrock Muniyield Fund (XMYDX); Sold out: Blackrock Muni INC Tr Ii (BLE); Sold out: BlackRock MuniHoldings Fund, Inc. (MHD).

Position changes disclosed by Rivernorth Capital Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	MHD	Blackrock Muniholdings Fund	+4.7%	+199.75%	Add
2	MQY	Blackrock Muniyield Quality	+3%	+223.82%	Add
3	MYI	Blackrock Muniyield Qlty Iii	+1.9%	+200.00%	Add
4	MUB	Ishares National Muni Bond E	+1.3%	+271.05%	Add
5	FSK	Fs Kkr Capital CORP	+0.9%	+580.72%	Add
6	MYN	Blackrock Muniyield Ny Qlty	+0.7%	+411.46%	Add
7	FSSL	Fs Specialty Lending Fund	+0.6%	+73.66%	Add
8	GOF	Guggenheim Strategic Opport	+0.6%	+132.64%	Add
9	OBDC	Blue Owl Capital CORP	+0.5%	+181.62%	Add
10	USA	Liberty All Star Equity Fund	-0.2%	-7.75%	Trim
11	BTT	Blackrock 2030 Muni Trgt Trm	-0.3%	-24.43%	Trim
12	DSL	Doubleline Income Solutions	-0.3%	-80.26%	Trim
13	BIT	Blackrock Multi-sector INC	-0.3%	-30.93%	Trim
14	MMU	Western Asset Managed Munici	-0.4%	-28.97%	Trim
15	BKT	Blackrock Income Trust	-0.4%	-81.97%	Trim
16	NRK	Nuveen Ny Amt-fr Muni INC	-0.4%	-68.01%	Trim
17	CGBD	Carlyle Secured Lending INC	-0.4%	-33.05%	Trim
18	VMO	Invesco Municipal Opport	-0.5%	-32.41%	Trim
19	VKQ	Invesco Municipal Trust	-0.5%	-23.95%	Trim
20	UTF	Cohen & Steers Infrastructur	-0.6%	-48.87%	Trim
21	PTY	Pimco Corporate & Income Opp	-0.6%	-76.95%	Trim
22	BINC	Ishares Flex I A Etf-usd INC	-0.6%	-83.92%	Trim
23	HYT	Blackrock CORP Hi Yld	—	NEW	New buy
24	PDI	Pimco Dynamic Income Fund	—	EXIT	Sold out
25	XMYDX	Blackrock Muniyield Fund	—	EXIT	Sold out
26	BLE	Blackrock Muni INC Tr Ii	—	EXIT	Sold out
27	MHD	BlackRock MuniHoldings Fund, Inc.	—	EXIT	Sold out
28	XMVTX	Blackrock Munivest Fund Ii	—	EXIT	Sold out
29	GBDC	Golub Capital Bdc INC	—	EXIT	Sold out
30	MHD	BlackRock MuniHoldings Fund, Inc.	—	EXIT	Sold out
31	JFR	Nuveen Floating Rate Income	—	EXIT	Sold out
32	FSCO	Fs Credit Opportunities CORP	—	NEW	New buy
33	COMP	Compass INC - Class A	—	NEW	New buy
34	BCAT	Blackrock Capital Alloc Tr	—	EXIT	Sold out
35	XMVFX	Blackrock Munivest Fund	—	EXIT	Sold out
36	BTX	Blackrock Tech & Priv Eqty	—	NEW	New buy
37	BPRE	Bluerock Private Real Estate	—	EXIT	Sold out
38	XMQTX	Blackrock Muniyield Qlty Ii	—	EXIT	Sold out
39	NMFC	New Mountain Finance CORP	—	EXIT	Sold out
40	XBKNX	Blackrock Invest Qlty Muni	—	EXIT	Sold out
41	SDHY	Pgim Shrt Durat Hi Yld	—	EXIT	Sold out
42	XBFZX	Blackrock Ca Muni INC Tr	—	EXIT	Sold out
43	BLK	BlackRock, Inc.	—	EXIT	Sold out
44	XBNYX	Blackrock New York Muni INC	—	EXIT	Sold out
45	MUJ	BlackRock MuniHoldings New Jersey Quality Fund, Inc.	—	EXIT	Sold out
46	IGLB	Ishares 10+ Year Inv Gr CORP	—	EXIT	Sold out
47	BBDC	Barings Bdc INC	—	EXIT	Sold out
48	PNI	Pimco Ny Muni INC Ii Fnd	—	NEW	New buy
49	BCX	Blackrock Resources & Commod	—	EXIT	Sold out
50	✓	Willow Lane Acquisition CORP	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-15	13F-HR	View on EDGAR
2025-12-31	2026-02-17	13F-HR	View on EDGAR
2025-09-30	2025-11-14	13F-HR	View on EDGAR
2025-06-30	2025-08-14	13F-HR	View on EDGAR
2025-03-31	2025-05-15	13F-HR	View on EDGAR
2024-12-31	2025-02-14	13F-HR	View on EDGAR
2024-09-30	2024-12-03	Amendment	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-15	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-15	13F-HR	View on EDGAR
2022-03-31	2022-05-16	13F-HR	View on EDGAR
2021-12-31	2022-02-14	13F-HR	View on EDGAR
2021-09-30	2021-11-15	13F-HR	View on EDGAR
2021-06-30	2021-08-16	13F-HR	View on EDGAR
2021-03-31	2021-05-17	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-16	13F-HR	View on EDGAR
2020-06-30	2020-08-14	13F-HR	View on EDGAR
2020-03-31	2020-05-18	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-25	Amendment	View on EDGAR
2019-09-30	2019-11-14	13F-HR	View on EDGAR
2019-06-30	2019-08-14	13F-HR	View on EDGAR
2019-03-31	2019-05-15	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-15	13F-HR	View on EDGAR
2018-06-30	2018-08-14	13F-HR	View on EDGAR
2018-03-31	2018-05-15	13F-HR	View on EDGAR
2017-12-31	2018-02-14	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-02-14	13F-HR	View on EDGAR
2016-09-30	2016-11-14	13F-HR	View on EDGAR
2016-06-30	2016-08-15	13F-HR	View on EDGAR
2016-03-31	2016-05-16	13F-HR	View on EDGAR
2015-12-31	2016-02-16	13F-HR	View on EDGAR
2015-09-30	2015-11-16	13F-HR	View on EDGAR
2015-06-30	2015-08-14	13F-HR	View on EDGAR
2015-03-31	2015-05-15	13F-HR	View on EDGAR
2014-12-31	2015-02-17	13F-HR	View on EDGAR
2014-09-30	2014-11-14	13F-HR	View on EDGAR
2014-06-30	2014-08-14	13F-HR	View on EDGAR
2014-03-31	2014-05-15	13F-HR	View on EDGAR
2013-12-31	2014-02-14	13F-HR	View on EDGAR
2013-09-30	2013-11-14	13F-HR	View on EDGAR
2013-06-30	2013-08-14	13F-HR	View on EDGAR

FAQ

What is Rivernorth Capital Management, LLC and what type of investor is it?

Rivernorth Capital Management, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $2.0B, spread across 542 disclosed positions.

What are Rivernorth Capital Management, LLC's largest equity positions?

Based on the latest 13F filing, Rivernorth Capital Management, LLC's top holdings by market value are: 1. Blackrock Muniholdings Fund (MHD) — $141.1M (7.0%) 2. Blackrock Muniyield Quality (MQY) — $86.7M (4.3%) 3. Blackrock Muniyield Qlty Iii (MYI) — $55.2M (2.8%) 4. Blackrock CORP Hi Yld (HYT) — $50.3M (2.5%) 5. Invesco Municipal Trust (VKQ) — $41.8M (2.1%)

What changes did Rivernorth Capital Management, LLC make in its most recent portfolio filing?

In the latest reported quarter, Rivernorth Capital Management, LLC made 50 notable position adjustments: 5 new positions were initiated, 9 existing holdings were added to, 13 positions were partially reduced, and 23 were completely exited. The largest of these moves: New buy: Blackrock CORP Hi Yld (HYT); Sold out: Pimco Dynamic Income Fund (PDI); Sold out: Blackrock Muniyield Fund (XMYDX); Sold out: Blackrock Muni INC Tr Ii (BLE); Sold out: BlackRock MuniHoldings Fund, Inc. (MHD)

What sectors does Rivernorth Capital Management, LLC focus on?

Rivernorth Capital Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 63.2% • Real Estate: 35.5% • Information Technology: 1.3%

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Rivernorth Capital Management, LLC 13F Portfolio & Position Changes

CIK: 0001447578

Diversified strategySector-focusedMomentum follower

Total reported value

$2.0B

Reporting period: 2026-03-31 · Number of holdings: 542

RIVERNORTH CAPITAL MANAGEMENT, LLC disclosed 542 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.0B and a quarterly turnover rate of 84.5%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "R"

Personality snowflake

Concentration: 5.38
Portfolio Stability: 84.51
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 100
Sizing Uniformity: 74.89

Position sizes vary widely across the portfolio (a coefficient of variation of 2.51), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Add MHD
+199.7%　$92.1M
Add MQY
+223.8%　$59.2M
Add MYI
+200.0%　$36.2M
Add MUB
+271.0%　$26.0M
Add FSK
+580.7%　$16.8M
Add MYN
+411.5%　$13.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 542 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	MHD	Blackrock Muniholdings Fund	Stock-Other	7.05%	+4.73%	+199.75%
2	MQY	Blackrock Muniyield Quality	Stock-Other	4.34%	+3.04%	+223.82%
3	MYI	Blackrock Muniyield Qlty Iii	Stock-Other	2.76%	+1.86%	+200.00%
4	HYT	Blackrock CORP Hi Yld	Stock-Other	2.51%	+2.51%	NEW
5	VKQ	Invesco Municipal Trust	Stock-Other	2.09%	-0.54%	-23.95%
6	MUB	Ishares National Muni Bond E	ETF-Other	1.79%	+1.33%	+271.05%
7	BSTZ	Blackrock Sci & Tech Trm Tr	Stock-Other	1.65%	—	+2.46%
8	PML	Pimco Municipal Income Fd Ii	Stock-Other	1.61%	—	-15.48%
9	FSSL	Fs Specialty Lending Fund	Stock-Other	1.45%	+0.56%	+73.66%
10	USA	Liberty All Star Equity Fund	Stock-Other	1.44%	-0.23%	-7.75%
11	OTF	Blue Owl Technology Finance	Stock-Other	1.35%	—	+12.48%
12	VMO	Invesco Municipal Opport	Stock-Other	1.30%	-0.53%	-32.41%
13	PDX	Pimco Dynamic Income Strat	Stock-Other	1.26%	—	-28.79%
14	SABA	Saba Capital Income & Opp Ii	Stock-Other	1.19%	—	+2.38%
15	MUC	Blackrock Munihold Ca Qlty	Stock-Other	1.17%	—	-2.19%
16	XPCQX	Pimco California Muni INC Fd	Stock-Other	1.08%	—	+2.65%
17	FSK	Fs Kkr Capital CORP	Stock-Financials	1.07%	+0.85%	+580.72%
18	GOF	Guggenheim Strategic Opport	Stock-Other	1.04%	+0.55%	+132.64%
19	FSCO	Fs Credit Opportunities CORP	Stock-Other	1.02%	+1.02%	NEW
20	COMP	Compass INC - Class A	Stock-Real Estate	1.02%	+1.02%	NEW
21	BTT	Blackrock 2030 Muni Trgt Trm	Stock-Other	1.00%	-0.26%	-24.43%
22	MMU	Western Asset Managed Munici	Stock-Other	1.00%	-0.35%	-28.97%
23	BTX	Blackrock Tech & Priv Eqty	Stock-Other	0.85%	+0.85%	NEW
24	MYN	Blackrock Muniyield Ny Qlty	Stock-Other	0.83%	+0.67%	+411.46%
25	UTF	Cohen & Steers Infrastructur	Stock-Other	0.79%	-0.57%	-48.87%
26	OBDC	Blue Owl Capital CORP	Stock-Financials	0.79%	+0.49%	+181.62%
27	EIM	Eaton Vance Municipal Bond	Stock-Other	0.79%	—	+1.28%
28	BIT	Blackrock Multi-sector INC	Stock-Other	0.76%	-0.33%	-30.93%
29	MSDL	Morgan Stanley Direct Lendin	Stock-Other	0.73%	—	+37.64%
30	OCSL	Oaktree Specialty Lending Co	Stock-Other	0.72%	—	+0.96%
31	CGBD	Carlyle Secured Lending INC	Stock-Other	0.70%	-0.42%	-33.05%
32	FTHY	First Trust Hi Yld Opp 2027	Stock-Other	0.69%	—	+0.17%
33	BRW	Saba Capital Income & Opport	Stock-Other	0.68%	—	-0.65%
34	LEO	Bny Mellon Strategic Muni	Stock-Other	0.62%	—	-9.56%
35	GLO	Clough Global Opportunities	Stock-Other	0.62%	—	-27.41%
36	EAF	GrafTech International Ltd.	Stock-Other	0.59%	—	—
37	BMEZ	Blackrock Hlth Sci Trm Tr Ii	Stock-Other	0.58%	—	+24.77%
38	AFB	Allianceberstein Ntl Muni	Stock-Other	0.57%	—	+2.08%
39	XCMUX	Mfs High Yield Municipal Tr	Stock-Other	0.53%	—	+12.36%
40	RMT	Royce Micro-cap Trust INC	Stock-Other	0.51%	—	+0.61%
41	RVT	Royce Small-cap Trust INC	Stock-Other	0.50%	—	+0.52%
42	DSM	Bnym Strat Muni Bnd	Stock-Other	0.50%	—	+98.70%
43	KYN	Kayne Anderson Energy Infra	Stock-Other	0.49%	—	+0.45%
44	MPA	Blackrock Muniyield Pa Qltyv	Stock-Other	0.49%	—	-16.20%
45	HHH	Howard Hughes Holdings INC	Stock-Real Estate	0.47%	—	+4.34%
46	NBH	Neuberger Municipal Fund INC	Stock-Other	0.47%	—	-0.25%
47	XGLQX	Clough Global Equity Fund	Stock-Other	0.46%	—	-7.58%
48	SBI	Western Asset Intermediate	Stock-Other	0.46%	—	+0.63%
49	PSBD	Palmer Square Capital Bdc In	Stock-Other	0.41%	—	+43.76%
50	WIW	Western Asst Infl-lnk Opp	Stock-Other	0.41%	—	-14.66%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

-0.9%

Performance Last 4 Quarters

+1.7%

Based on 56% of reported portfolio value with available pricing

Stdev: +12.9%
Beta: +0.83
Alpha: -3.8%
Max Drawdown: -9.2%
Annualized Perf: +11.4%
Batting Avg vs S&P: +36.1%
Sortino: +1.71
Stutzer: +0.27
Treynor: +0.14
Sterling: +0.63
Calmar: +1.24
Information Ratio: -0.95
Tracking Error: +7.2%
Stdev Down: +6.8%
Winning Months %: +58.3%
Losing Months %: +41.7%
Best 12 Months: +36.7%
Worst 12 Months: +1.7%
Efficiency Ratio: +0.33
Sharpe: +0.9
Stdev Sectors: +25.3%
Skewness: +0.27
Kurtosis: -0.31
Upside Potential: +3.65

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	542	$2.0B	85	1MHD 2MQY 3MYI Top holdings2026-03-31 1.MHD 2.MQY 3.MYI 4.HYT 5.VKQ 6.MUB 7.BSTZ 8.PML 9.FSSL 10.USA
2025-12-31	477	$2.1B	49	1VKQ 2PDI 3MHD Top holdings2025-12-31 1.VKQ 2.PDI 3.MHD 4.XMYDX 5.BLE 6.VMO 7.PML 8.USA 9.BSTZ 10.MHD
2025-09-30	479	$1.8B	80	1MHD 2XMYDX 3VKQ Top holdings2025-09-30 1.MHD 2.XMYDX 3.VKQ 4.PML 5.BLE 6.PDX 7.VMO 8.MMU 9.MHD 10.MQY
2025-06-30	357	$1.8B	0	1NAD 2MHD 3NUV Top holdings2025-06-30 1.NAD 2.MHD 3.NUV 4.XMYDX 5.MMU 6.NVG 7.BLE 8.VMO 9.PDX 10.MHD
2025-03-31	360	$1.9B	100	1NAD 2NUV 3NVG Top holdings2025-03-31 1.NAD 2.NUV 3.NVG 4.MMU 5.XMYDX 6.MHD 7.XNEAX 8.PDX 9.VMO 10.BLE
2024-12-31	409	$2.1B	0	1NAD 2NUV 3NVG Top holdings2024-12-31 1.NAD 2.NUV 3.NVG 4.XNEAX 5.MMU 6.PDX 7.MHD 8.BCAT 9.XMYDX 10.ECAT
2024-09-30	388	$2.1B	0	1NAD 2XNEAX 3NUV Top holdings2024-09-30 1.NAD 2.XNEAX 3.NUV 4.MMU 5.NVG 6.ECAT 7.BCAT 8.MHD 9.XMYDX 10.PDX
2024-06-30	444	$2.1B	0	1NAD 2XNEAX 3BCAT Top holdings2024-06-30 1.NAD 2.XNEAX 3.BCAT 4.NVG 5.ECAT 6.MMU 7.NUV 8.MHD 9.XMYDX 10.BTT
2024-03-31	464	$2.1B	0	1NAD 2XNEAX 3BCAT Top holdings2024-03-31 1.NAD 2.XNEAX 3.BCAT 4.NVG 5.MMU 6.NUV 7.JPC 8.XMYDX 9.MHD 10.NAC
2023-12-31	490	$2.1B	0	1XNEAX 2NAD 3BCAT Top holdings2023-12-31 1.XNEAX 2.NAD 3.BCAT 4.NVG 5.JPC 6.NUV 7.MMU 8.NAC 9.ECAT 10.MHD
2023-09-30	544	$1.9B	0	1XNEAX 2BCAT 3ECAT Top holdings2023-09-30 1.XNEAX 2.BCAT 3.ECAT 4.NVG 5.NAD 6.NZF 7.NAC 8.NAD 9.BTT 10.NUV
2023-06-30	585	$2.0B	0	1ECAT 2XNEAX 3BCAT Top holdings2023-06-30 1.ECAT 2.XNEAX 3.BCAT 4.NAD 5.NZF 6.NAC 7.NAD 8.NVG 9.BTT 10.PDX
2023-03-31	638	$2.1B	0	1ECAT 2BCAT 3XNEAX Top holdings2023-03-31 1.ECAT 2.BCAT 3.XNEAX 4.NAD 5.NZF 6.NAD 7.NAC 8.NVG 9.BBDC 10.NUV
2022-12-31	717	$2.2B	0	1XNEAX 2NAD 3BCAT Top holdings2022-12-31 1.XNEAX 2.NAD 3.BCAT 4.ECAT 5.NZF 6.PDO 7.NAC 8.NUV 9.NAD 10.BBDC
2022-09-30	873	$2.2B	0	1BCAT 2ECAT 3XNEAX Top holdings2022-09-30 1.BCAT 2.ECAT 3.XNEAX 4.PDO 5.NAD 6.NRK 7.BBDC 8.GBDC 9.NZF 10.NMFC 5.75 08-15-23
2022-06-30	819	$2.5B	0	1XNEAX 2NAD 3BCAT Top holdings2022-06-30 1.XNEAX 2.NAD 3.BCAT 4.ECAT 5.PDO 6.NRK 7.PSTHUSD 8.BBDC 9.PDI 10.GBDC
2022-03-31	825	$2.7B	0	1XNEAX 2NAD 3BCAT Top holdings2022-03-31 1.XNEAX 2.NAD 3.BCAT 4.ECAT 5.PDO 6.NDMO 7.PTA 8.NRK 9.PDI 10.PDX
2021-12-31	718	$2.5B	0	1XNEAX 2BCAT 3NAD Top holdings2021-12-31 1.XNEAX 2.BCAT 3.NAD 4.BTX 5.ECAT 6.PTA 7.PDI 8.78518H 9.WDI 10.NRK
2021-09-30	570	$1.9B	0	1XNEAX 2NAD 3NRK Top holdings2021-09-30 1.XNEAX 2.NAD 3.NRK 4.78518H 5.NMFC 5.75 08-15-23 6.SMHC 7.BST 8.PDX 9.GOF 10.BKCC 5 06-15-22
2021-06-30	484	$1.8B	50	1XNEAX 2NAD378518H Top holdings2021-06-30 1.XNEAX 2.NAD 3.78518H 4.WIW 5.NAC 6.FSC1EUR 7.MYI 8.NRK 9.BKCC 5 06-15-22 10.EIM
2021-03-31	458	$1.7B	53	1XNEAX 2NAD 3VOYA Top holdings2021-03-31 1.XNEAX 2.NAD 3.VOYA 4.WIW 5.FSC1EUR 6.NMFC 5.75 08-15-23 7.SMHC 8.VVR 9.MYI 10.BKCC 5 06-15-22
2020-12-31	355	$1.7B	55	1NAD 2XNEAX 3WIW Top holdings2020-12-31 1.NAD 2.XNEAX 3.WIW 4.VOYA 5.XEVVX 6.OBDC 7.FSC1EUR 8.NMFC 5.75 08-15-23 9.VVR 10.BKCC 5 06-15-22
2020-09-30	334	$1.6B	44	1NAD 2XNEAX 3VOYA Top holdings2020-09-30 1.NAD 2.XNEAX 3.VOYA 4.EHI 5.WIW 6.XEVVX 7.HIO 8.NMFC 5.75 08-15-23 9.BBDC 10.GHY
2020-06-30	264	$1.8B	47	1XNEAX 2NAD 3WIW Top holdings2020-06-30 1.XNEAX 2.NAD 3.WIW 4.XEVVX 5.EHI 6.VOYA 7.HIO 8.EIM 9.NAC 10.BBDC
2020-03-31	273	$1.5B	51	1NAD 2XNEAX 3WIW Top holdings2020-03-31 1.NAD 2.XNEAX 3.WIW 4.XEVVX 5.HIO 6.EIM 7.EHI 8.BWG 9.BBDC 10.GHY
2019-12-31	263	$1.7B	100	1XNEAX 2NAD 3XEVVX Top holdings2019-12-31 1.XNEAX 2.NAD 3.XEVVX 4.HIO 5.BTZ 6.BWG 7.GHY 8.XEMDX 9.XJQCX 10.WIW
2019-09-30	244	$2.2B	0	1NMFC 5.75 08-15-23 2NAD 3XNEAX Top holdings2019-09-30 1.NMFC 5.75 08-15-23 2.NAD 3.XNEAX 4.HIO 5.XEVVX 6.XEMDX 7.HFRO 8.EHI 9.SMHC 10.BWG
2019-06-30	243	$2.3B	55	1NMFC 5.75 08-15-23 2TCPC 5.25 12-15-19 3HIO Top holdings2019-06-30 1.NMFC 5.75 08-15-23 2.TCPC 5.25 12-15-19 3.HIO 4.NAD 5.XEVVX 6.XEMDX 7.XNEAX 8.HFRO 9.SMHC 10.XJQCX
2019-03-31	234	$1.5B	38	1NAD 2XEVVX 3XEMDX Top holdings2019-03-31 1.NAD 2.XEVVX 3.XEMDX 4.HIO 5.XNEAX 6.HFRO 7.XJQCX 8.VVR 9.VOYA 10.BTZ
2018-12-31	293	$1.7B	56	1XEMDX 2XNEAX 3NAD Top holdings2018-12-31 1.XEMDX 2.XNEAX 3.NAD 4.XEVVX 5.HIO 6.HFRO 7.GHY 8.XJQCX 9.VOYA 10.BTZ
2018-09-30	213	$1.2B	41	1XEMDX 2XEVVX 3HIO Top holdings2018-09-30 1.XEMDX 2.XEVVX 3.HIO 4.XNEAX 5.BTZ 6.XJQCX 7.GHY 8.TDF 9.VVR 10.HFRO
2018-06-30	209	$1.3B	32	1XEMDX 2XNEAX 3XEVVX Top holdings2018-06-30 1.XEMDX 2.XNEAX 3.XEVVX 4.HIO 5.HYT 6.BTZ 7.XJQCX 8.XAODX 9.TDF 10.NAD
2018-03-31	181	$1.3B	31	1XEMDX 2XNEAX 3XEVVX Top holdings2018-03-31 1.XEMDX 2.XNEAX 3.XEVVX 4.HIO 5.USA 6.BTZ 7.HYT 8.PINE 9.XJQCX 10.GLO
2017-12-31	170	$1.4B	38	1XEMDX 2USA 3XNEAX Top holdings2017-12-31 1.XEMDX 2.USA 3.XNEAX 4.XEVVX 5.HIO 6.BTZ 7.XJQCX 8.HYT 9.GLO 10.NAD
2017-09-30	129	$1.2B	26	1XEMDX 2GLO 3USA Top holdings2017-09-30 1.XEMDX 2.GLO 3.USA 4.XNEAX 5.HIO 6.XEVVX 7.BTZ 8.HYT 9.XJQCX 10.ARCC
2017-06-30	140	$1.3B	27	1XEMDX 2XNEAX 3RA Top holdings2017-06-30 1.XEMDX 2.XNEAX 3.RA 4.GLO 5.XEVVX 6.HIO 7.BTZ 8.HYT 9.XJQCX 10.ARCC
2017-03-31	141	$1.4B	46	1XEMDX 2RA 3GLO Top holdings2017-03-31 1.XEMDX 2.RA 3.GLO 4.XNEAX 5.XEVVX 6.HIO 7.BTZ 8.USA 9.HYT 10.XJQCX
2016-12-31	151	$1.5B	45	1GLO 21JFD 3XEVVX Top holdings2016-12-31 1.GLO 2.1JFD 3.XEVVX 4.02503Y 5.RA 6.XNEAX 7.BTZ 8.USA 9.XJQCX 10.95766E
2016-09-30	139	$1.4B	29	102503Y2GLO 3USA Top holdings2016-09-30 1.02503Y 2.GLO 3.USA 4.BTZ 5.1JFD 6.XJQCX 7.RVT 8.XEVVX 9.STEW 10.VWO
2016-06-30	149	$1.5B	27	11JFD202503Y3GLO Top holdings2016-06-30 1.1JFD 2.02503Y 3.GLO 4.BTZ 5.ACGYX 6.XJQCX 7.USA 8.XEVVX 9.SPY 10.RVT
2016-03-31	171	$1.6B	21	11JFD202503Y3GLO Top holdings2016-03-31 1.1JFD 2.02503Y 3.GLO 4.BTZ 5.AB 6.XJQCX 7.USA 8.XEVVX 9.HYT 10.STEW
2015-12-31	198	$1.8B	23	11JFD202503Y3FITB Top holdings2015-12-31 1.1JFD 2.02503Y 3.FITB 4.GLO 5.BTZ 6.AB 7.SGOL 8.XJQCX 9.USA 10.STEW
2015-09-30	198	$1.6B	24	11JFD 2GLO302503Y Top holdings2015-09-30 1.1JFD 2.GLO 3.02503Y 4.BTZ 5.AB 6.XJQCX 7.SGOL 8.HYT 9.STEW 10.FITB
2015-06-30	181	$1.6B	20	11JFD 2GLO 3BTZ Top holdings2015-06-30 1.1JFD 2.GLO 3.BTZ 4.XJQCX 5.SPY 6.AB 7.02503Y 8.STEW 9.USA 10.HYT
2015-03-31	172	$1.5B	26	11JFD 2BTZ 3XJQCX Top holdings2015-03-31 1.1JFD 2.BTZ 3.XJQCX 4.AB 5.STEW 6.02503Y 7.VWO 8.SPY 9.ADX 10.TY
2014-12-31	200	$1.5B	35	11JFD 2BTZ 3XJQCX Top holdings2014-12-31 1.1JFD 2.BTZ 3.XJQCX 4.SPY 5.VWO 6.SGOL 7.TDF 8.ADX 9.TY 10.OEF
2014-09-30	175	$1.2B	22	1SPY 21JFD 3BTZ Top holdings2014-09-30 1.SPY 2.1JFD 3.BTZ 4.XJQCX 5.VWO 6.ADX 7.VEA 8.TY 9.OEF 10.PRFUSD
2014-06-30	177	$1.2B	25	1SPY 2BTZ 31JFD Top holdings2014-06-30 1.SPY 2.BTZ 3.1JFD 4.XJQCX 5.ADX 6.RVT 7.TY 8.TDF 9.OEF 10.VWO
2014-03-31	190	$1.2B	27	11JFD 2BTZ 3SPY Top holdings2014-03-31 1.1JFD 2.BTZ 3.SPY 4.XJQCX 5.RVT 6.ADX 7.TY 8.SGOL 9.OEF 10.VMO
2013-12-31	218	$1.3B	53	11JFD 2BTZ 3PDI Top holdings2013-12-31 1.1JFD 2.BTZ 3.PDI 4.RVT 5.PTY 6.SGOL 7.AB 8.ADX 9.USA 10.TY
2013-09-30	188	$950.4M	25	1BTZ 2PDI 3OEF Top holdings2013-09-30 1.BTZ 2.PDI 3.OEF 4.RVT 5.1JFD 6.PRFUSD 7.AB 8.ADX 9.ETJ 10.USA
2013-06-30	165	$898.4M	0	1BTZ 2PDI 3OEF Top holdings2013-06-30 1.BTZ 2.PDI 3.OEF 4.RVT 5.1JFD 6.PRFUSD 7.USA 8.ETJ 9.ADX 10.AB

Holding changes this quarter

Position changes disclosed by Rivernorth Capital Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	MHD	Blackrock Muniholdings Fund	+4.7%	+199.75%	Add
2	MQY	Blackrock Muniyield Quality	+3%	+223.82%	Add
3	MYI	Blackrock Muniyield Qlty Iii	+1.9%	+200.00%	Add
4	MUB	Ishares National Muni Bond E	+1.3%	+271.05%	Add
5	FSK	Fs Kkr Capital CORP	+0.9%	+580.72%	Add
6	MYN	Blackrock Muniyield Ny Qlty	+0.7%	+411.46%	Add
7	FSSL	Fs Specialty Lending Fund	+0.6%	+73.66%	Add
8	GOF	Guggenheim Strategic Opport	+0.6%	+132.64%	Add
9	OBDC	Blue Owl Capital CORP	+0.5%	+181.62%	Add
10	USA	Liberty All Star Equity Fund	-0.2%	-7.75%	Trim
11	BTT	Blackrock 2030 Muni Trgt Trm	-0.3%	-24.43%	Trim
12	DSL	Doubleline Income Solutions	-0.3%	-80.26%	Trim
13	BIT	Blackrock Multi-sector INC	-0.3%	-30.93%	Trim
14	MMU	Western Asset Managed Munici	-0.4%	-28.97%	Trim
15	BKT	Blackrock Income Trust	-0.4%	-81.97%	Trim
16	NRK	Nuveen Ny Amt-fr Muni INC	-0.4%	-68.01%	Trim
17	CGBD	Carlyle Secured Lending INC	-0.4%	-33.05%	Trim
18	VMO	Invesco Municipal Opport	-0.5%	-32.41%	Trim
19	VKQ	Invesco Municipal Trust	-0.5%	-23.95%	Trim
20	UTF	Cohen & Steers Infrastructur	-0.6%	-48.87%	Trim
21	PTY	Pimco Corporate & Income Opp	-0.6%	-76.95%	Trim
22	BINC	Ishares Flex I A Etf-usd INC	-0.6%	-83.92%	Trim
23	HYT	Blackrock CORP Hi Yld	—	NEW	New buy
24	PDI	Pimco Dynamic Income Fund	—	EXIT	Sold out
25	XMYDX	Blackrock Muniyield Fund	—	EXIT	Sold out
26	BLE	Blackrock Muni INC Tr Ii	—	EXIT	Sold out
27	MHD	BlackRock MuniHoldings Fund, Inc.	—	EXIT	Sold out
28	XMVTX	Blackrock Munivest Fund Ii	—	EXIT	Sold out
29	GBDC	Golub Capital Bdc INC	—	EXIT	Sold out
30	MHD	BlackRock MuniHoldings Fund, Inc.	—	EXIT	Sold out
31	JFR	Nuveen Floating Rate Income	—	EXIT	Sold out
32	FSCO	Fs Credit Opportunities CORP	—	NEW	New buy
33	COMP	Compass INC - Class A	—	NEW	New buy
34	BCAT	Blackrock Capital Alloc Tr	—	EXIT	Sold out
35	XMVFX	Blackrock Munivest Fund	—	EXIT	Sold out
36	BTX	Blackrock Tech & Priv Eqty	—	NEW	New buy
37	BPRE	Bluerock Private Real Estate	—	EXIT	Sold out
38	XMQTX	Blackrock Muniyield Qlty Ii	—	EXIT	Sold out
39	NMFC	New Mountain Finance CORP	—	EXIT	Sold out
40	XBKNX	Blackrock Invest Qlty Muni	—	EXIT	Sold out
41	SDHY	Pgim Shrt Durat Hi Yld	—	EXIT	Sold out
42	XBFZX	Blackrock Ca Muni INC Tr	—	EXIT	Sold out
43	BLK	BlackRock, Inc.	—	EXIT	Sold out
44	XBNYX	Blackrock New York Muni INC	—	EXIT	Sold out
45	MUJ	BlackRock MuniHoldings New Jersey Quality Fund, Inc.	—	EXIT	Sold out
46	IGLB	Ishares 10+ Year Inv Gr CORP	—	EXIT	Sold out
47	BBDC	Barings Bdc INC	—	EXIT	Sold out
48	PNI	Pimco Ny Muni INC Ii Fnd	—	NEW	New buy
49	BCX	Blackrock Resources & Commod	—	EXIT	Sold out
50	✓	Willow Lane Acquisition CORP	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-15	13F-HR	View on EDGAR
2025-12-31	2026-02-17	13F-HR	View on EDGAR
2025-09-30	2025-11-14	13F-HR	View on EDGAR
2025-06-30	2025-08-14	13F-HR	View on EDGAR
2025-03-31	2025-05-15	13F-HR	View on EDGAR
2024-12-31	2025-02-14	13F-HR	View on EDGAR
2024-09-30	2024-12-03	Amendment	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-15	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-15	13F-HR	View on EDGAR
2022-03-31	2022-05-16	13F-HR	View on EDGAR
2021-12-31	2022-02-14	13F-HR	View on EDGAR
2021-09-30	2021-11-15	13F-HR	View on EDGAR
2021-06-30	2021-08-16	13F-HR	View on EDGAR
2021-03-31	2021-05-17	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-16	13F-HR	View on EDGAR
2020-06-30	2020-08-14	13F-HR	View on EDGAR
2020-03-31	2020-05-18	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-25	Amendment	View on EDGAR
2019-09-30	2019-11-14	13F-HR	View on EDGAR
2019-06-30	2019-08-14	13F-HR	View on EDGAR
2019-03-31	2019-05-15	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-15	13F-HR	View on EDGAR
2018-06-30	2018-08-14	13F-HR	View on EDGAR
2018-03-31	2018-05-15	13F-HR	View on EDGAR
2017-12-31	2018-02-14	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-02-14	13F-HR	View on EDGAR
2016-09-30	2016-11-14	13F-HR	View on EDGAR
2016-06-30	2016-08-15	13F-HR	View on EDGAR
2016-03-31	2016-05-16	13F-HR	View on EDGAR
2015-12-31	2016-02-16	13F-HR	View on EDGAR
2015-09-30	2015-11-16	13F-HR	View on EDGAR
2015-06-30	2015-08-14	13F-HR	View on EDGAR
2015-03-31	2015-05-15	13F-HR	View on EDGAR
2014-12-31	2015-02-17	13F-HR	View on EDGAR
2014-09-30	2014-11-14	13F-HR	View on EDGAR
2014-06-30	2014-08-14	13F-HR	View on EDGAR
2014-03-31	2014-05-15	13F-HR	View on EDGAR
2013-12-31	2014-02-14	13F-HR	View on EDGAR
2013-09-30	2013-11-14	13F-HR	View on EDGAR
2013-06-30	2013-08-14	13F-HR	View on EDGAR