Q2 2026 13F · SEC CIK 1447578

Rivernorth Capital Management, LLC

Mutual fund managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.1B
Reported positions: 584
Top holdings a year, 3 yrs: +3.7%
Assets under management: $6.2B

Rivernorth Capital Management, LLC is a mutual fund manager that reported 584 positions worth $2.1B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Blackrock Muniholdings Fd in (MHD, 6.8%), Blackrock Muniyild Qult Fd I (MQY, 3.9%), Pershing Square USA Ltd Com Shs (3.7%). A portfolio copying its top holdings returned 3.7% a year over the last 3 years, against 22.3% for the S&P 500.

Rivernorth Capital Management, LLC holdings largest 50 of 584 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Rivernorth Capital Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MHDBlackrock Muniholdings Fd in	6.8%	7.1%	11,987,371	-4.1%	$142.6M
MQYBlackrock Muniyild Qult Fd I	3.9%	4.3%	7,094,331	-10.2%	$82.3M
71531T105Pershing Square USA Ltd Com Shs	3.7%	—	2,089,216	—	$78.1M
MYIBlackrock Muniyield Quality	2.5%	2.8%	4,760,961	-9.4%	$52.9M
HYTBlackrock Corpor Hi Yld Fd I	2.3%	2.5%	5,529,831	-6.3%	$47.3M
BSTZBlackrock Science & Technology Shs Ben I	2.2%	1.7%	1,511,481	+1.2%	$45.4M
OTFBlue Owl Technology Finance	1.9%	1.3%	3,788,852	+74.1%	$39.2M
GABGabelli Equity Tr Inc	1.8%	—	6,609,367	—	$37.4M
MUBIshares Tr	1.7%	1.8%	340,663	+1.1%	$36.7M
PMLPimco Mun Income Fd II	1.6%	1.6%	4,482,914	+5.4%	$34.1M
FSSLFs Specialty Lending Fd	1.5%	1.4%	2,800,048	+20.9%	$31.2M
GOFGuggenheim Strategic Opportu	1.4%	1.0%	2,666,430	+41.2%	$29.1M
VKQInvesco Municipal Trust Com	1.3%	2.1%	2,749,965	-37.3%	$27.6M
VTEBVanguard Mun Bd Fds	1.3%	—	541,385	—	$27.4M
FSCOFs Credit Opportunities Corp	1.3%	1.0%	5,444,012	+35.8%	$27.2M
BBNBlackrock Tax Municpal Bd Tr	1.2%	—	1,622,646	—	$26.2M
USALiberty All Star Equity Fd	1.2%	1.4%	4,332,937	-16.6%	$25.2M
BTXBlackrock Tech and Private Equ Shs Ben I	1.2%	0.8%	2,737,496	+6.5%	$24.7M
PCQPimco Calif Mun Income Fd	1.1%	1.1%	2,575,012	+2.5%	$23.1M
PDXPIMCO Dynamic Income Strategy Fund	1.1%	1.3%	1,101,509	-3.3%	$22.9M
SABASaba Capital Income & Opport	1.1%	1.2%	2,711,592	-5.1%	$22.6M
MMUWestern Asset Managed Muns F	0.9%	1.0%	1,757,452	-9.4%	$18.3M
VMOInvesco Mun Opportunit Tr	0.8%	1.3%	1,703,324	-37.7%	$16.8M
TSLXSixth Street Specialty Lendi	0.8%	—	969,599	—	$16.6M
MYNBlackrock Muniyield N Y Qual	0.8%	0.8%	1,624,077	-5.7%	$16.5M
EIMEaton Vance Mun Bd Fd	0.7%	0.8%	1,512,949	-6.1%	$15.1M
PSPershing Square Inc	0.7%	—	450,000	—	$14.8M
FTHYFirst Tr High Yield Opprt 20	0.7%	0.7%	1,022,036	+0.2%	$14.0M
BMEZBlackrock Health Sciences Term Com Shs	0.6%	0.6%	873,816	+8.0%	$13.4M
OBDCBlue Owl Capital Corp.	0.6%	0.8%	1,192,576	-16.4%	$13.0M
LEOBny Mellon Strategic Muns in	0.6%	0.6%	2,006,388	+1.1%	$13.0M
BRWSaba Capital Income & Oprnt Fd Shs New	0.6%	0.7%	1,861,414	-7.1%	$12.2M
AFBAlliancebernstein Natl Mun I	0.6%	0.6%	1,047,724	-1.3%	$12.0M
RMTRoyce Micro-Cap Tr Inc Com	0.6%	0.5%	813,982	-9.4%	$11.9M
GRAFGraf Global Corp	0.6%	0.6%	1,097,311	-0.1%	$11.9M
DSMBny Mellon Strategic Mun Bd	0.6%	0.5%	1,920,587	+15.7%	$11.8M
MUCBlackrock Munihldngs Cali Ql	0.6%	1.2%	1,066,052	-52.8%	$11.7M
RVTRoyce Small Cap Trust Inc Com	0.5%	0.5%	607,243	+0.9%	$11.2M
BTTBlackrock Mun Target Term Tr	0.5%	1.0%	493,001	-44.1%	$11.2M
NMZNuveen Mun High Income Oppor	0.5%	—	1,049,891	—	$11.1M
PMOFranklin Mun Opportunities T	0.5%	—	949,042	—	$10.0M
NBHNeuberger Berman Mun Fd Inc	0.5%	0.5%	937,491	+0.8%	$9.9M
SBIWestern Asset Inter Muni	0.5%	0.5%	1,231,561	+3.7%	$9.7M
KYNKayne Anderson Energy Infrst	0.5%	0.5%	697,198	+0.6%	$9.6M
MUABlackrock Muniassets Fd Inc	0.4%	—	868,104	—	$9.5M
MPABlackrock Muniyield Pa Quali	0.4%	0.5%	814,371	-9.0%	$9.3M
NHSNeuberger High Yield Strategies Fund Inc	0.4%	—	1,371,413	—	$8.6M
MFMAberdeen Mun Income Fd	0.4%	—	1,509,877	—	$8.5M
CCAPCrescent Cap Bdc Inc	0.4%	—	702,796	—	$7.7M
PNIPimco New York Mun Fd II	0.4%	—	1,044,735	—	$7.4M

What Rivernorth Capital Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: -5.3% /yr; S&P 500 +11.7%
3 years: +3.7% /yr; S&P 500 +22.3%
5 years: -5.8% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.1B	584
Q1 2026	$2.0B	542
Q4 2025	$2.1B	476
Q3 2025	$1.8B	479
Q2 2025	$1.8B	357
Q1 2025	$1.9B	360
Q4 2024	$2.1B	409
Q3 2024	$2.1B	388
Q2 2024	$2.1B	442
Q1 2024	$2.1B	464
Q4 2023	$2.1B	485
Q3 2023	$1.9B	542

Questions about Rivernorth Capital Management, LLC's portfolio

What stocks does Rivernorth Capital Management, LLC own?

Rivernorth Capital Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 584 positions worth $2.1B. The largest are Blackrock Muniholdings Fd in (MHD) at 6.8%, Blackrock Muniyild Qult Fd I (MQY) at 3.9%, Pershing Square USA Ltd Com Shs at 3.7%, Blackrock Muniyield Quality (MYI) at 2.5% and Blackrock Corpor Hi Yld Fd I (HYT) at 2.3%.

What did Rivernorth Capital Management, LLC buy last quarter?

In Q2 2026, Rivernorth Capital Management, LLC added Blue Owl Technology Finance (OTF) (+74.1% shares), Guggenheim Strategic Opportu (GOF) (+41.2% shares) and Fs Credit Opportunities Corp (FSCO) (+35.8% shares), compared with its Q1 2026 filing.

What did Rivernorth Capital Management, LLC sell last quarter?

In Q2 2026, Rivernorth Capital Management, LLC cut from its top 50 Fs Kkr Capital Corp (FSK), cut from its top 50 Compass Inc (COMP), cut from its top 50 Cohen & Steers Infrastructur (UTF), cut from its top 50 Blackrock Multi Sector Inc T (BIT), cut from its top 50 Morgan Stanley Direct Lending Fund (MSDL), Blackrock Munihldngs Cali Ql (MUC) (-52.8% shares), Blackrock Mun Target Term Tr (BTT) (-44.1% shares) and Invesco Mun Opportunit Tr (VMO) (-37.7% shares), compared with its Q1 2026 filing.

How has Rivernorth Capital Management, LLC's portfolio performed?

A portfolio copying Rivernorth Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +3.7% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: -5.3% against +11.7%. Over 5 years: -5.8% a year against +10.6%.

When is Rivernorth Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Rivernorth Capital Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Rivernorth Capital Management, LLC manage?

Rivernorth Capital Management, LLC reported $6.2B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.1B.