RIVERNORTH CAPITAL MANAGEMENT, LLC
SEC Form 13F institutional filer · CIK 0001447578
13F-HR · 8 reported holdings · 2026-03-31
Reported long-US-equity value
$0.34B
Top-10 concentration
100.0%
RIVERNORTH CAPITAL MANAGEMENT, LLC — $340M AUM allocation strategy
RIVERNORTH CAPITAL MANAGEMENT, LLC files SEC Form 13F and reports $340M of long US equity value across 8 reported holdings for 2026-03-31.
Its largest sector bet is Financials 99.7%, followed by Information Technology 0.3%.
The top 10 holdings account for 100% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
RIVERNORTH CAPITAL MANAGEMENT, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$340M
total across 8 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
100% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$IVZ −1.76M sh · −$14.2M−$BEN −780K sh · −$8.16M−$WFC −208K sh · −$1.43M
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks95.2%—
- Investment Banking & Brokerage4.3%—
- Technology Hardware, Storage & Peripherals0.2%—
- Diversified Banks0.2%—
- Systems Software0.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $BLK | BlackRock Inc | 23.8M | $255M | +6.7M | 74.9% |
| $BEN | Franklin Templeton Inc | 3.73M | $39M | -780K | 11.5% |
| $IVZ | Invesco Ltd | 2.73M | $26M | -1.76M | 7.6% |
| $MS | Morgan Stanley | 1.05M | $14.7M | +288K | 4.3% |
| $ARES | Ares Management Corporation | 38.5K | $4.21M | — | 1.2% |
| $AAPL | Apple Inc | 3.15K | $799K | — | 0.2% |
| $WFC | Wells Fargo & Company | 83K | $538K | -208K | 0.2% |
| $MSFT | Microsoft Corporation | 706 | $261K | — | 0.1% |
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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