RIVERNORTH OPPORTUNITIES FD (RIV): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

RIVERNORTH OPPORTUNITIES FD (RIV)

58 + Investors. Track Smart Money conviction in RIV. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — RIV

Based on 58 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added RIV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

58 hedge funds hold RIV right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q

+10 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 58% buying

31 buying22 selling

Last quarter: 31 funds bought or added vs 22 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 6 → 9 → 10 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 17% medium ■ 26% new

33 out of 58 hedge funds have held RIV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +6500% but shares only +71% — price-driven

Value

+6500%

+71%

Last quarter: the total dollar value of institutional holdings rose +6500%, but actual share count only changed +71%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

10 → 6 → 9 → 10 → 11 new funds/Q

New funds entering each quarter: 6 → 9 → 10 → 11. A growing number of institutions are discovering RIV each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 57% of holders stayed 2+ years

■ 57% veterans ■ 10% 1-2yr ■ 33% new

Of 58 current holders: 33 (57%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds

7 of 58 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	58	52	11.54%
13F Shares	10M	6M	71.3%
Total Value	$4.67B	$71M	6499.97%
New Positions	11	10	+1
Increased Positions	20	21	-1
Closed Positions	5	6	-1
Reduced Positions	17	10	+7
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

11.54%

13F Shares

10M

71.3%

Total Value

$4.67B

$71M

6499.97%

New Positions

Increased Positions

-1

Closed Positions

-1

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

58 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RIV. Verified SEC 13F-HR filings.

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 16 institutional holders of RIV — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Everstar Asset Management, LLC	1.00%	168,526	$1.9M
2	ABSOLUTE INVESTMENT ADVISERS, LLC	0.36%	274,406	$3.0M
3	Tennessee Valley Asset Management Partners	0.19%	131,124	$1.5M
4	Opal Wealth Advisors, LLC	0.17%	68,577	$761K
5	NATIONS FINANCIAL GROUP INC, /IA/ /ADV	0.05%	86,686	$962K
6	SeaCrest Wealth Management, LLC	0.02%	20,753	$230K
7	TCP Asset Management, LLC	0.02%	11,875	$132K
8	WEDBUSH SECURITIES INC	0.01%	26,489	—
9	CoreCap Advisors, LLC	0.01%	20,133	$223K
10	OPPENHEIMER & CO INC	0.01%	52,949	$588K
11	Private Advisor Group, LLC	0.00%	26,268	$292K
12	Janney Montgomery Scott LLC	0.00%	31,994	—
13	Sequoia Financial Advisors, LLC	0.00%	14,000	$155K
14	HIGHLINE WEALTH PARTNERS LLC	0.00%	180	$2K
15	COMMONWEALTH EQUITY SERVICES, LLC	0.00%	18,785	$209K
16	Farther Finance Advisors, LLC	0.00%	83	—

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — RIVERNORTH OPPORTUNITIES FD (RIV)

What does the Smart Money Trend signal show for RIV?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added RIV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for RIV?

Slight buying edge — 58% buying: Last quarter: 31 funds bought or added vs 22 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for RIV holders?

Smaller funds dominant — 1% AUM from top-100: 7 of 58 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held RIV?

57% of holders stayed for 2+ years: 33 out of 58 hedge funds have held RIV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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RIVERNORTH OPPORTUNITIES FD (RIV)

Smart Money Signals — RIV

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +21% more funds vs a year ago

Slight buying edge — 58% buying

Steady new buyers — ~11 new funds per quarter

57% of holders stayed for 2+ years

Value +6500% but shares only +71% — price-driven

Growing discovery — still being found

Deep conviction — 57% of holders stayed 2+ years

Smaller funds dominant — 1% AUM from top-100

Hedge Fund Ownership: RIV

Market Analysis: RIV

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: RIV

Hedge Fund Positioning: RIV

Statistics: RIV

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — RIVERNORTH OPPORTUNITIES FD (RIV)

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