Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Rivernorth Opportunities Fd (RIV)

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

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
56%

Smart Money Signals — RIV

Based on 59 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added RIV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
59 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 — +23% more funds vs a year ago

fund count last 6Q
+11 new funds entered over the past year (+23% 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 — 56% buying

31 buying24 selling
Last quarter: 31 funds bought or added vs 24 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.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new RIV position: 11 → 11 → 4 → 11. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

51% of holders stayed for 2+ years

51% conviction (2yr+) 27% medium 22% new
30 out of 59 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.
📊

Peak discovery — momentum slowing

9 → 11 → 11 → 4 → 11 new funds/Q
New funds entering each quarter: 11 → 11 → 4 → 11. 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 — 54% veterans vs 32% newcomers

54% veterans 14% 1-2yr 32% new
Entry-cohort mix of 59 holders: 32 (54%) are 2+ year veterans, 8 entered 1–2 years ago, and 19 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
11 of 59 holders are among the 100 largest funds by AUM, controlling 62% 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.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 Q2, 31 hedge funds were net buyers of RIV (11 opened a new position, 20 added to an existing one), while 24 reduced or exited (16 trimmed, 8 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 62% of total institutional value in RIV is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 59.

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.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: RIV
59 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 59 56 5.36%
13F Shares 9M 10M -5.3%
Total Value $68M $71M -3.76%
New Positions 11 4 +7
Increased Positions 20 21 -1
Closed Positions 8 6 +2
Reduced Positions 16 17 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RIV

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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 Q2)

59 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Everstar Asset Management, LLC 1.20% 213,685 $2.5M
2 Yakira Capital Management, Inc. 0.77% 232,717 $2.7M
3 Advisory Solutions Group, LLC 0.33% 84,470 $985K
4 Total Wealth Planning & Management, Inc. 0.25% 31,437 $367K
5 Opal Wealth Advisors, LLC 0.17% 68,882 $803K
6 Tennessee Valley Asset Management Partners 0.15% 114,169 $1.3M
7 Marks Group Wealth Management, Inc 0.11% 107,869 $1.3M
8 WealthTrust Asset Management, LLC 0.09% 14,454 $169K
9 Alterna Wealth Management, Inc 0.07% 11,007 $128K
10 Advisor OS, LLC 0.06% 71,289 $831K
11 NWF Advisory Services Inc. 0.05% 44,527 $519K
12 Nations Financial Group Inc, /Ia/ /Adv 0.05% 85,337 $995K
13 Channel Wealth LLC 0.03% 11,121 $130K
14 SeaCrest Wealth Management, LLC 0.03% 21,593 $252K
15 Principal Securities, INC. 0.02% 168,674 $2.0M
16 Westside Investment Management, Inc. 0.02% 15,000 $175K
17 Kovack Advisors, Inc. 0.02% 40,468 $471K
18 Css LLC/Il 0.02% 43,915 $512K
19 CoreCap Advisors, LLC 0.01% 35,436 $413K
20 Gateway Wealth Partners, LLC 0.01% 13,833 $161K
21 Luminist Capital LLC 0.01% 537 $6K
22 Oppenheimer & Co Inc 0.01% 53,779 $627K
23 Allworth Financial LP 0.00% 66,047 $770K
24 Choreo, LLC 0.00% 24,362 $284K
25 Pinnacle Wealth Planning Services, Inc. 0.00% 2,000 $23K
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added RIV than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for RIV?

Slight buying edge — 56% buying: Last quarter: 31 funds bought or added vs 24 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 — 62% AUM from top-100 funds: 11 of 59 holders are among the 100 largest funds by AUM, controlling 62% 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?

51% of holders stayed for 2+ years: 30 out of 59 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.

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.

Full history →