Vault-13

RIVERNORTH MANAGED DUR MUN I RMMZ

COM · Closed-End Fund · CUSIP 76882M104

25 institutional holders +2 vs Q3 2024
1,333,4621.3m shares reported held*
$19.9mreported value*
4 new 9 added 6 reduced 4 sold out net bought ≈ $2.1m (+141.4k 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 ≈ $14.95.

Trends to Q4 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: 22Q3 24: 23Q4 24: 2525Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 20227
Q4 202216
Q1 202312
Q2 202314
Q3 202316
Q4 202321
Q1 202423
Q2 202422
Q3 202423
Q4 202425

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 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 24Q3 24: 9 bought or addedQ3 24: 10 cut or sold outQ4 24: 13 bought or addedQ4 24: 10 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 202379
Q2 202374
Q3 2023132
Q4 2023144
Q1 2024129
Q2 2024912
Q3 2024910
Q4 20241310

Biggest buyers

Independent Advisor Alliance New +120,346+120.3k
UBS Group AG Added +40,760+40.8k
WELLS FARGO & COMPANY/MN Added +23,090+23.1k
STIFEL FINANCIAL CORP Added +16,892+16.9k
Arlington Capital Management, Inc. New +14,384+14.4k
OPPENHEIMER & CO INC Added +12,319+12.3k
NOMURA HOLDINGS INC New +11,800+11.8k
&PARTNERS Added +6,761+6.8k
LPL Financial LLC Added +5,097+5.1k
WEDBUSH SECURITIES INC Added +4,679+4.7k

Biggest sellers

ROYAL BANK OF CANADA Reduced -32,888-32.9k
MORGAN STANLEY Reduced -22,111-22.1k
BESSEMER GROUP INC Sold out -15,000-15.0k
Quarry LP Sold out -12,877-12.9k
ABSOLUTE INVESTMENT ADVISERS, LLC Sold out -12,877-12.9k
Everstar Asset Management, LLC Reduced -7,682-7.7k
NewEdge Advisors, LLC Sold out -6,306-6.3k
Steward Partners Investment Advisory, LLC Reduced -3,750-3.8k
PFG Investments, LLC Reduced -2,000-2.0k
Karpus Management, Inc. Reduced -701-701

Insider purchases and sales in Q4 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.

None reported in Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 222,173222.2k $3.3m $3.3m 0.00% Added +23.1k +23,090
2 UBS Group AG 0.00% of their portfolio ZURICH, V8 182,705182.7k $2.7m $2.7m 0.00% Added +40.8k +40,760
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 175,706175.7k $2.6m $2.6m 0.00% Reduced -22.1k -22,111
4 Karpus Management, Inc. 0.08% of their portfolio Pittsford, NY 173,175173.2k $2.6m $2.6m 0.08% Reduced -701 -701
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 164,177164.2k $2.5m $2.5m 0.00% Reduced -32.9k -32,888
6 Independent Advisor Alliance 0.02% of their portfolio CHARLOTTE, NC 120,346120.3k $1.8m $1.8m 0.02% New
7 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 54,76254.8k $818.0k $818.0k 0.03% Added +4.7k +4,679
8 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 51,76951.8k $773.4k $773.4k 0.00% Added +16.9k +16,892
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 24,96925.0k $373.0k $373.0k 0.00% Added +5.1k +5,097
10 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 24,33724.3k $363.6k $363.6k 0.01% Added +12.3k +12,319
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 23,51923.5k $351.4k $351.4k 0.00% First filing
12 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 22,67322.7k $347.3k $347.3k 0.00% Added +6.8k +6,761
13 Fairhaven Wealth Management, LLC 0.09% of their portfolio Oak Brook, IL 18,77318.8k $280.5k $280.5k 0.09% Unchanged
14 TT Capital Management LLC 0.21% of their portfolio Gilbert, AZ 17,50017.5k $268.3k $268.3k 0.21% First filing
15 Arlington Capital Management, Inc. 0.15% of their portfolio ARLINGTON HEIGHTS, IL 14,38414.4k $214.9k $214.9k 0.15% New
16 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 13,00013.0k $194.2k $194.2k 0.01% Reduced -2.0k -2,000
17 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 11,80011.8k $176.3k $176.3k 0.00% New
18 Everstar Asset Management, LLC 0.11% of their portfolio MOORESVILLE, NC 10,71810.7k $160.1k $160.1k 0.11% Reduced -7.7k -7,682
19 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,5002.5k $37.4k $37.4k 0.00% Reduced -3.8k -3,750
20 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,0002.0k $29.9k $29.9k 0.00% Added +1.0k +1,000
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 901901 $13.5k $13.5k 0.00% Added +500 +500
22 Noble Wealth Management PBC 0.01% of their portfolio GREENWOOD VILLAGE, CO 800800 $12.0k $12.0k 0.01% First filing
23 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 775775 $11.6k $11.6k 0.00% Unchanged
24 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
25 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 00 $0 $0 0.00% New