Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Rivernorth Opportunities Fd (RIV)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — RIV

Based on 56 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their RIV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
56 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 — +24% more funds vs a year ago

fund count last 6Q
+11 new funds entered over the past year (+24% 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 — 52% buying

25 buying23 selling
Last quarter: 25 funds bought or added vs 23 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.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 11 → 11 → 4. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 23% medium ■ 18% new
33 out of 56 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.
💎

Buying through price weakness — shares -4%, value -98%

Value
-98%
Shares
-4%
Last quarter: funds added -4% more shares while total portfolio value only changed -98%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

6 → 9 → 11 → 11 → 4 new funds/Q
New funds entering each quarter: 9 → 11 → 11 → 4. RIV is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 62% veterans vs 29% newcomers

■ 62% veterans ■ 9% 1-2yr ■ 29% new
Entry-cohort mix of 56 holders: 35 (62%) are 2+ year veterans, 5 entered 1–2 years ago, and 16 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
7 of 56 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in RIV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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.

Institutional Sentiment Summary — RIV

In 2026 Q1, 25 hedge funds were net buyers of RIV (4 opened a new position, 21 added to an existing one), while 23 reduced or exited (17 trimmed, 6 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 54% of total institutional value in RIV is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 56.

Hedge Fund Ownership: RIV

How many hedge funds hold RIV — quarterly history vs. share price
Quarterly hedge fund ownership of RIV vs. share price

Market Analysis: RIV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RIV

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Rivernorth Opportunities Fd (RIV) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RIV has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
RIV
nan%
XLF
+9.5%

RIV outperformed XLF by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
RIV
nan%
XLF
+5.8%

Since the filing became public, RIV outperformed XLF by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: RIV
56 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 56 58 -3.45%
13F Shares 10M 10M -4.37%
Total Value $71M $4.67B -98.49%
New Positions 4 11 -7
Increased Positions 21 20 +1
Closed Positions 6 6 -
Reduced Positions 17 17 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RIV

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Valuation Measures Data as of: --

Market Cap --
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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

56 + investors

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

QUARTER:
Top 25 RIV holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Everstar Asset Management, LLC 1.00% 168,526 $1.9M
2 Yakira Capital Management, Inc. 0.87% 267,206 $3.0M
3 Arete Wealth Advisors, LLC 0.36% 437,265 $4.9M
4 Absolute Investment Advisers, LLC 0.36% 274,406 $3.0M
5 Total Wealth Planning & Management, Inc. 0.25% 30,509 $339K
6 Quarry LP 0.24% 119,886 $1.3M
7 Shaker Financial Services, LLC 0.24% 61,335 $681K
8 Tennessee Valley Asset Management Partners 0.19% 131,124 $1.5M
9 Opal Wealth Advisors, LLC 0.17% 68,577 $761K
10 Marks Group Wealth Management, Inc 0.12% 107,869 $1.2M
11 WealthTrust Asset Management, LLC 0.10% 15,123 $168K
12 NWF Advisory Services Inc. 0.06% 50,927 $565K
13 Nations Financial Group Inc, /Ia/ /Adv 0.05% 86,686 $962K
14 Advisor OS, LLC 0.05% 58,971 $655K
15 Westside Investment Management, Inc. 0.03% 20,000 $222K
16 Channel Wealth LLC 0.03% 11,621 $129K
17 Principal Securities, INC. 0.03% 164,103 $1.8M
18 SeaCrest Wealth Management, LLC 0.02% 20,753 $230K
19 Css LLC/Il 0.02% 43,915 $487K
20 Kovack Advisors, Inc. 0.02% 37,385 $422K
21 TCP Asset Management, LLC 0.02% 11,875 $132K
22 Gateway Wealth Partners, LLC 0.01% 26,166 $290K
23 CoreCap Advisors, LLC 0.01% 20,133 $223K
24 Oppenheimer & Co Inc 0.01% 52,949 $588K
25 Allworth Financial LP 0.00% 64,628 $717K
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their RIV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for RIV?

Slight buying edge — 52% buying: Last quarter: 25 funds bought or added vs 23 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?

Elite ownership — 54% AUM from top-100 funds: 7 of 56 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in RIV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held RIV?

59% of holders stayed for 2+ years: 33 out of 56 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.

Is it too late to buy Rivernorth Opportunities Fd (RIV) following the 2026 Q1 hedge fund 13F filings?

As of today, RIV has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), RIV has gained nan% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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