RC

Rivernorth Capital Management, LLC

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%.

Personality snowflake

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

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

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MHDBlackrock Muniholdings FundStock-Other7.05%+4.73%+199.75%
2MQYBlackrock Muniyield QualityStock-Other4.34%+3.04%+223.82%
3MYIBlackrock Muniyield Qlty IiiStock-Other2.76%+1.86%+200.00%
4HYTBlackrock CORP Hi YldStock-Other2.51%+2.51%NEW
5VKQInvesco Municipal TrustStock-Other2.09%-0.54%-23.95%
6MUBIshares National Muni Bond EETF-Other1.79%+1.33%+271.05%
7BSTZBlackrock Sci & Tech Trm TrStock-Other1.65%—+2.46%
8PMLPimco Municipal Income Fd IiStock-Other1.61%—-15.48%
9FSSLFs Specialty Lending FundStock-Other1.45%+0.56%+73.66%
10USALiberty All Star Equity FundStock-Other1.44%-0.23%-7.75%
11OTFBlue Owl Technology FinanceStock-Other1.35%—+12.48%
12VMOInvesco Municipal OpportStock-Other1.30%-0.53%-32.41%
13PDXPimco Dynamic Income StratStock-Other1.26%—-28.79%
14SABASaba Capital Income & Opp IiStock-Other1.19%—+2.38%
15MUCBlackrock Munihold Ca QltyStock-Other1.17%—-2.19%
16XPCQXPimco California Muni INC FdStock-Other1.08%—+2.65%
17FSKFs Kkr Capital CORPStock-Financials1.07%+0.85%+580.72%
18GOFGuggenheim Strategic OpportStock-Other1.04%+0.55%+132.64%
19FSCOFs Credit Opportunities CORPStock-Other1.02%+1.02%NEW
20COMPCompass INC - Class AStock-Real Estate1.02%+1.02%NEW
21BTTBlackrock 2030 Muni Trgt TrmStock-Other1.00%-0.26%-24.43%
22MMUWestern Asset Managed MuniciStock-Other1.00%-0.35%-28.97%
23BTXBlackrock Tech & Priv EqtyStock-Other0.85%+0.85%NEW
24MYNBlackrock Muniyield Ny QltyStock-Other0.83%+0.67%+411.46%
25UTFCohen & Steers InfrastructurStock-Other0.79%-0.57%-48.87%
26OBDCBlue Owl Capital CORPStock-Financials0.79%+0.49%+181.62%
27EIMEaton Vance Municipal BondStock-Other0.79%—+1.28%
28BITBlackrock Multi-sector INCStock-Other0.76%-0.33%-30.93%
29MSDLMorgan Stanley Direct LendinStock-Other0.73%—+37.64%
30OCSLOaktree Specialty Lending CoStock-Other0.72%—+0.96%
31CGBDCarlyle Secured Lending INCStock-Other0.70%-0.42%-33.05%
32FTHYFirst Trust Hi Yld Opp 2027Stock-Other0.69%—+0.17%
33BRWSaba Capital Income & OpportStock-Other0.68%—-0.65%
34LEOBny Mellon Strategic MuniStock-Other0.62%—-9.56%
35GLOClough Global OpportunitiesStock-Other0.62%—-27.41%
36EAFGrafTech International Ltd.Stock-Other0.59%——
37BMEZBlackrock Hlth Sci Trm Tr IiStock-Other0.58%—+24.77%
38AFBAllianceberstein Ntl MuniStock-Other0.57%—+2.08%
39XCMUXMfs High Yield Municipal TrStock-Other0.53%—+12.36%
40RMTRoyce Micro-cap Trust INCStock-Other0.51%—+0.61%
41RVTRoyce Small-cap Trust INCStock-Other0.50%—+0.52%
42DSMBnym Strat Muni BndStock-Other0.50%—+98.70%
43KYNKayne Anderson Energy InfraStock-Other0.49%—+0.45%
44MPABlackrock Muniyield Pa QltyvStock-Other0.49%—-16.20%
45HHHHoward Hughes Holdings INCStock-Real Estate0.47%—+4.34%
46NBHNeuberger Municipal Fund INCStock-Other0.47%—-0.25%
47XGLQXClough Global Equity FundStock-Other0.46%—-7.58%
48SBIWestern Asset IntermediateStock-Other0.46%—+0.63%
49PSBDPalmer Square Capital Bdc InStock-Other0.41%—+43.76%
50WIWWestern Asst Infl-lnk OppStock-Other0.41%—-14.66%
1–50 of 542

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
#TickerIssuerWeight ChangeShares ChangeAction
1MHDBlackrock Muniholdings Fund+4.7%+199.75%Add
2MQYBlackrock Muniyield Quality+3%+223.82%Add
3MYIBlackrock Muniyield Qlty Iii+1.9%+200.00%Add
4MUBIshares National Muni Bond E+1.3%+271.05%Add
5FSKFs Kkr Capital CORP+0.9%+580.72%Add
6MYNBlackrock Muniyield Ny Qlty+0.7%+411.46%Add
7FSSLFs Specialty Lending Fund+0.6%+73.66%Add
8GOFGuggenheim Strategic Opport+0.6%+132.64%Add
9OBDCBlue Owl Capital CORP+0.5%+181.62%Add
10USALiberty All Star Equity Fund-0.2%-7.75%Trim
11BTTBlackrock 2030 Muni Trgt Trm-0.3%-24.43%Trim
12DSLDoubleline Income Solutions-0.3%-80.26%Trim
13BITBlackrock Multi-sector INC-0.3%-30.93%Trim
14MMUWestern Asset Managed Munici-0.4%-28.97%Trim
15BKTBlackrock Income Trust-0.4%-81.97%Trim
16NRKNuveen Ny Amt-fr Muni INC-0.4%-68.01%Trim
17CGBDCarlyle Secured Lending INC-0.4%-33.05%Trim
18VMOInvesco Municipal Opport-0.5%-32.41%Trim
19VKQInvesco Municipal Trust-0.5%-23.95%Trim
20UTFCohen & Steers Infrastructur-0.6%-48.87%Trim
21PTYPimco Corporate & Income Opp-0.6%-76.95%Trim
22BINCIshares Flex I A Etf-usd INC-0.6%-83.92%Trim
23HYTBlackrock CORP Hi Yld—NEWNew buy
24PDIPimco Dynamic Income Fund—EXITSold out
25XMYDXBlackrock Muniyield Fund—EXITSold out
26BLEBlackrock Muni INC Tr Ii—EXITSold out
27MHDBlackRock MuniHoldings Fund, Inc.—EXITSold out
28XMVTXBlackrock Munivest Fund Ii—EXITSold out
29GBDCGolub Capital Bdc INC—EXITSold out
30MHDBlackRock MuniHoldings Fund, Inc.—EXITSold out
31JFRNuveen Floating Rate Income—EXITSold out
32FSCOFs Credit Opportunities CORP—NEWNew buy
33COMPCompass INC - Class A—NEWNew buy
34BCATBlackrock Capital Alloc Tr—EXITSold out
35XMVFXBlackrock Munivest Fund—EXITSold out
36BTXBlackrock Tech & Priv Eqty—NEWNew buy
37BPREBluerock Private Real Estate—EXITSold out
38XMQTXBlackrock Muniyield Qlty Ii—EXITSold out
39NMFCNew Mountain Finance CORP—EXITSold out
40XBKNXBlackrock Invest Qlty Muni—EXITSold out
41SDHYPgim Shrt Durat Hi Yld—EXITSold out
42XBFZXBlackrock Ca Muni INC Tr—EXITSold out
43BLKBlackRock, Inc.—EXITSold out
44XBNYXBlackrock New York Muni INC—EXITSold out
45MUJBlackRock MuniHoldings New Jersey Quality Fund, Inc.—EXITSold out
46IGLBIshares 10+ Year Inv Gr CORP—EXITSold out
47BBDCBarings Bdc INC—EXITSold out
48PNIPimco Ny Muni INC Ii Fnd—NEWNew buy
49BCXBlackrock Resources & Commod—EXITSold out
50✓ Willow Lane Acquisition CORP—EXITSold out

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%