RIVERNORTH DOUBLELINE STRATE OPP
COM · Closed-End Fund · CUSIP 76882G107
52
institutional holders
+2 vs Q3 2022
5.0m
shares reported held*
$43.3mreported value*
11 new
12 added
15 reduced
9 sold out
net sold ≈ $4.5m (-522.7k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $8.68.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 50 |
| Q4 2022 | 52 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +117.7k |
| 1607 Capital Partners, LLC | New | +88.0k |
| Baird Financial Group, Inc. | Added | +60.5k |
| MILLENNIUM MANAGEMENT LLC | New | +51.7k |
| Logan Stone Capital, LLC | New | +28.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | New | +23.7k |
| HRT FINANCIAL LP | New | +19.9k |
| Walleye Capital LLC | New | +15.0k |
| CoreCap Advisors, LLC | New | +12.4k |
| Cambridge Investment Research Advisors, Inc. | New | +11.2k |
Biggest sellers
| SIT INVESTMENT ASSOCIATES INC | Reduced | -452.2k |
| Invesco Ltd. | Sold out | -193.2k |
| CLOUGH CAPITAL PARTNERS L P | Sold out | -157.5k |
| MORGAN STANLEY | Reduced | -62.8k |
| GUGGENHEIM CAPITAL LLC | Sold out | -29.8k |
| CSS LLC/IL | Reduced | -22.6k |
| Shaker Financial Services, LLC | Sold out | -15.0k |
| LPL Financial LLC | Reduced | -13.5k |
| KESTRA PRIVATE WEALTH SERVICES, LLC | Sold out | -11.4k |
| Alpine Global Management, LLC | Sold out | -10.7k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| MORGAN STANLEY 13G · institution filed 2025-02-04 | 8.7% |
| WELLS FARGO & COMPANY/MN 13G · institution +0.6 pts · filed 2026-07-28 | 6.6% |
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $55.2k | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.62% of their portfolio | 2.5m $22.1m | Reduced -452.2k |
| UBS Group AG 0.00% of their portfolio | 285.7k $2.5m | Added +1.0k |
| MORGAN STANLEY 0.00% of their portfolio | 276.9k $2.4m | Reduced -62.8k |
| CENTAURUS FINANCIAL, INC. 0.17% of their portfolio | 206.6k $1.8m | Reduced -8.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 167.4k $1.5m | Added +117.7k |
| LPL Financial LLC 0.00% of their portfolio | 161.8k $1.4m | Reduced -13.5k |
| FIRST FOUNDATION ADVISORS 0.04% of their portfolio | 105.4k $914.7k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 92.6k $803.0k | Added +1.5k |
| 1607 Capital Partners, LLC 0.05% of their portfolio | 88.0k $764.3k | New |
| NewEdge Advisors, LLC 0.02% of their portfolio | 84.0k $729.1k | Reduced -200 |
| Baird Financial Group, Inc. 0.00% of their portfolio | 71.7k $622.0k | Added +60.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 67.5k $585.6k | Added +4.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 58.3k $506.0k | Added +7.0k |
| Cetera Advisors LLC 0.01% of their portfolio | 56.7k $491.8k | Reduced -5.9k |
| Ford Financial Group, LLC 0.19% of their portfolio | 56.2k $488.0k | Reduced -3.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 51.7k $449.0k | New |
| SeaCrest Wealth Management, LLC 0.05% of their portfolio | 42.4k $368.0k | Reduced -1.7k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 41.6k $361.4k | Unchanged |
| CSS LLC/IL 0.02% of their portfolio | 37.4k $324.6k | Reduced -22.6k |
| Yakira Capital Management, Inc. 0.06% of their portfolio | 34.9k $302.9k | Added +507 |
| Next Capital Management LLC 0.15% of their portfolio | 32.6k $283.0k | Unchanged |
| Hilltop Holdings Inc. 0.04% of their portfolio | 32.4k $281.6k | Reduced -2.6k |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 32.1k $278.4k | Added +2.2k |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 29.4k $255.0k | Unchanged |
| Foundations Investment Advisors, LLC 0.01% of their portfolio | 29.3k $253.9k | Unchanged |
| Logan Stone Capital, LLC 0.09% of their portfolio | 28.1k $244.1k | New |
| Navis Wealth Advisors, LLC 0.32% of their portfolio | 26.2k $227.6k | Added +24 |
| Moors & Cabot, Inc. 0.01% of their portfolio | 24.0k $208.3k | Added +7.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio | 23.7k $206.0k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 19.9k $172.0k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 17.5k $151.9k | Reduced -39 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 16.8k $164.2k | Added +3.4k |
| Fiduciary Group, LLC 0.02% of their portfolio | 15.1k $130.7k | Reduced -3.1k |
| Walleye Capital LLC 0.00% of their portfolio | 15.0k $130.0k | New |
| Edge Wealth Management LLC 0.03% of their portfolio | 14.7k $128.3k | Unchanged |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 13.8k $120.0k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 13.6k $117.7k | Reduced -1.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 13.5k $117.0k | Reduced -1.3k |
| CoreCap Advisors, LLC 0.01% of their portfolio | 12.4k $107.6k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 11.2k $97.0k | New |
| HOLLENCREST CAPITAL MANAGEMENT 0.01% of their portfolio | 10.9k $95.0k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 9.7k $84.1k | Added +1.6k |
| Advisory Services Network, LLC 0.00% of their portfolio | 6.6k $57.1k | New |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.7k $15.0k | Unchanged |
| Glass Jacobson Investment Advisors llc 0.01% of their portfolio | 1.6k $13.5k | First filing |
| Baker Avenue Asset Management, LP 0.00% of their portfolio | 624 $5.4k | New |
| Financial Management Professionals, Inc. 0.00% of their portfolio | 500 $4.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 401 $3.5k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 345 $3.0k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 74 $642 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 46 $1.0k | Reduced -47 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |