Vault-13

RIVERNORTH MANAGED DUR MUN I RMMZ

COM · Closed-End Fund · CUSIP 76882M104

22 institutional holders -1 vs Q1 2024
1,170,7061.2m shares reported held*
$19.0mreported value*
2 new 7 added 9 reduced 3 sold out net sold ≈ $6.6m (-407.6k 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 ≈ $16.26.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 7Q4 22: 16Q1 23: 12Q2 23: 14Q3 23: 16Q4 23: 21Q1 24: 23Q2 24: 2222Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20227
Q4 202216
Q1 202312
Q2 202314
Q3 202316
Q4 202321
Q1 202423
Q2 202422

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 15 bought or addedQ4 22: 1 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 9 cut or sold outQ2 23: 7 bought or addedQ2 23: 4 cut or sold outQ2 23Q3 23: 13 bought or addedQ3 23: 2 cut or sold outQ4 23: 14 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 9 cut or sold outQ2 24: 9 bought or addedQ2 24: 12 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022151
Q1 202379
Q2 202374
Q3 2023132
Q4 2023144
Q1 2024129
Q2 2024912

Biggest buyers

Quarry LP Added +12,779+12.8k
PFG Investments, LLC Added +7,000+7.0k
BANK OF AMERICA CORP /DE/ New +5,000+5.0k
ROYAL BANK OF CANADA Added +4,476+4.5k
WELLS FARGO & COMPANY/MN Added +3,628+3.6k
WEDBUSH SECURITIES INC Added +2,509+2.5k
&PARTNERS Added +2,500+2.5k
HARBOUR INVESTMENTS, INC. New +500+500
NewEdge Advisors, LLC Added +29+29

Biggest sellers

MORGAN STANLEY Reduced -344,252-344.3k
STIFEL FINANCIAL CORP Reduced -18,125-18.1k
OSAIC HOLDINGS, INC. Reduced -17,782-17.8k
Karpus Management, Inc. Reduced -16,335-16.3k
Moors & Cabot, Inc. Sold out -15,000-15.0k
PRUDENT INVESTORS NETWORK, INC. Sold out -10,461-10.5k
UBS Group AG Reduced -9,146-9.1k
Thomas J. Herzfeld Advisors, Inc. Reduced -6,676-6.7k
Steward Partners Investment Advisory, LLC Reduced -5,000-5.0k
US BANCORP \DE\ Sold out -3,100-3.1k

Insider purchases and sales in Q2 2024

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
101Q3 22: 0 buyingQ3 22: 1 sellingQ4 22: 0 buyingQ4 22: 1 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—1$31.5k—
Q4 20220—1$126.7k—
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 0.10% of their portfolio Pittsford, NY 209,513209.5k $3.4m $3.4m 0.10% Reduced -16.3k -16,335
2 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 193,541193.5k $3.1m $3.1m 0.00% Added +4.5k +4,476
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 188,386188.4k $3.1m $3.1m 0.00% Reduced -344.3k -344,252
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 185,132185.1k $3.0m $3.0m 0.00% Added +3.6k +3,628
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 141,938141.9k $2.3m $2.3m 0.00% Reduced -9.1k -9,146
6 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 54,86554.9k $892.0k $892.0k 0.03% Added +2.5k +2,509
7 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 38,59438.6k $627.5k $627.5k 0.00% Reduced -18.1k -18,125
8 Quarry LP 0.09% of their portfolio NEW YORK, NY 25,75425.8k $418.8k $418.8k 0.09% Added +12.8k +12,779
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 19,87219.9k $323.1k $323.1k 0.00% Reduced -2 -2
10 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 18,41218.4k $299.4k $299.4k 0.01% Added +2.5k +2,500
11 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 17,00017.0k $276.4k $276.4k 0.02% Added +7.0k +7,000
12 Fairhaven Wealth Management, LLC 0.09% of their portfolio Oak Brook, IL 16,89116.9k $274.6k $274.6k 0.09% Unchanged
13 Thomas J. Herzfeld Advisors, Inc. 0.09% of their portfolio MIAMI BEACH, FL 16,37816.4k $266.3k $266.3k 0.09% Reduced -6.7k -6,676
14 ABSOLUTE INVESTMENT ADVISERS, LLC 0.03% of their portfolio ROSEMARY BEACH, FL 12,87712.9k $209.4k $209.4k 0.03% Reduced -98 -98
15 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,10010.1k $164.2k $164.2k 0.00% Unchanged
16 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,4608.5k $137.6k $137.6k 0.00% Reduced -5.0k -5,000
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,0005.0k $81.3k $81.3k 0.00% New
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,5423.5k $57.6k $57.6k 0.00% Reduced -17.8k -17,782
19 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,1763.2k $51.6k $51.6k 0.00% Added +29 +29
20 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 775775 $12.6k $12.6k 0.00% Unchanged
21 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 500500 $8.1k $8.1k 0.00% New
22 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged