RFM Institutional Ownership & Shareholders
RIVERNORTH FLEXIBLE MUNI (RFM) is currently held by 26 institutional investors tracked by InsiderSet, with a combined reported market value of approximately $16.62M based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026.
Robinson Capital Management, Llc is currently the largest disclosed institutional shareholder of RFM tracked by InsiderSet, reporting ownership valued at approximately $2.29M in its June 30, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $2.10M, representing an estimated loss of -8.39% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 82% of the total disclosed RFM value among the investors covered in this analysis. Major shareholders include Robinson Capital Management, Llc, Wells Fargo & Company/Mn, Morgan Stanley, and several other long-term asset managers with concentrated positions in RIVERNORTH FLEXIBLE MUNI (RFM).
This page ranks the largest institutional RFM shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
26
Total Reported Value
$16.62M
Largest Holder
Robinson Capital Management, Llc
Largest Position
$2.29M
Insider Transactions (90d)
0
Latest Filing Quarter
Q2 2026
New Institutional Positions
31
Funds Exiting Positions
0
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Robinson Capital Management, Llc | 1.01% | 154,999 | $2,290,885 | $2,098,686 | -$192,199 | -8.39% | |
| Wells Fargo & Company/Mn | 0.00% | 144,055 | $2,129,136 | $1,950,505 | -$178,631 | -8.39% | |
| Morgan Stanley | 0.00% | 124,718 | $1,843,337 | $1,688,682 | -$154,655 | -8.39% | |
| Guggenheim Capital Llc | 0.01% | 115,139 | $1,701,755 | $1,558,982 | -$142,773 | -8.39% | |
| Thomas J. Herzfeld Advisors, Inc. | 0.36% | 79,341 | $1,172,660 | $1,074,277 | -$98,383 | -8.39% | |
| Royal Bank Of Canada | 0.00% | 69,635 | $1,029,000 | $942,858 | -$86,142 | -8.37% | |
| Ubs Group Ag | 0.00% | 69,086 | $1,021,091 | $935,424 | -$85,667 | -8.39% | |
| Rivernorth Capital Management, Llc | 0.04% | 63,987 | $945,728 | $866,384 | -$79,344 | -8.39% | |
| Estate Planners Group, Llc | 0.37% | 54,853 | $810,729 | $742,710 | -$68,019 | -8.39% | |
| Professional Financial Management, Inc. | 0.74% | 56,244 | $722,735 | $761,544 | +$38,809 | +5.37% | |
| Newedge Advisors, Llc | 0.00% | 34,378 | $508,110 | $465,478 | -$42,632 | -8.39% | |
| Raymond James Financial Inc | 0.00% | 27,048 | $399,769 | $366,230 | -$33,539 | -8.39% | |
| Closed-End Fund Advisors, Inc. | 0.29% | 21,471 | $275,902 | $290,717 | +$14,815 | +5.37% | |
| River Street Advisors Llc | 0.07% | 18,864 | $242,403 | $255,419 | +$13,016 | +5.37% | |
| Osaic Holdings, Inc. | 0.00% | 16,049 | $237,211 | $217,303 | -$19,908 | -8.39% | |
| Stifel Financial Corp | 0.00% | 14,925 | $220,593 | $202,085 | -$18,509 | -8.39% | |
| Noble Wealth Management Pbc | 0.09% | 15,342 | $197,145 | $207,731 | +$10,586 | +5.37% | |
| Lpl Financial Llc | 0.00% | 13,241 | $195,699 | $179,283 | -$16,416 | -8.39% | |
| &Partners | 0.00% | 12,398 | $183,249 | $167,869 | -$15,380 | -8.39% | |
| Apollon Wealth Management, Llc | 0.00% | 13,500 | $173,475 | $182,790 | +$9,315 | +5.37% | |
| Capital Investment Advisors, Llc | 0.00% | 12,250 | $157,412 | $165,865 | +$8,453 | +5.37% | |
| Trust Point Inc. | 0.01% | 11,000 | $141,350 | $148,940 | +$7,590 | +5.37% | |
| Highline Wealth Partners Llc | 0.00% | 1,000 | $12,850 | $13,540 | +$690 | +5.37% | |
| Clear Street Group Inc. | 0.00% | 339 | $5,010 | $4,590 | -$420 | -8.38% | |
| Blue Bell Private Wealth Management, Llc | 0.00% | 389 | $4,999 | $5,267 | +$268 | +5.36% | |
| Wedbush Securities Inc | 0.01% | 20,852 | $268 | $282,336 | +$282,068 | +105249.28% |
Frequently asked questions about RFM
Who are the largest institutional holders of RFM?
The largest institutional holders of RFM reported in the latest SEC Form 13F filings include Robinson Capital Management, Llc, Wells Fargo & Company/Mn, Morgan Stanley, Guggenheim Capital Llc, and Thomas J. Herzfeld Advisors, Inc.. InsiderSet ranks institutional holders by their latest reported RFM position.
What is RFM institutional ownership?
This page tracks RFM positions reported by institutional investment managers through SEC Form 13F. RIVERNORTH FLEXIBLE MUNI (RFM) institutional ownership on InsiderSet reflects disclosed 13F holdings among the managers we analyze, not every shareholder of the stock.
How many institutions own RFM?
InsiderSet currently tracks 26 institutional managers reporting RFM holdings in the latest available 13F data. This count reflects institutions included in the SEC Form 13F filings analyzed by InsiderSet and should not be interpreted as the total number of RFM shareholders.
How much RFM stock do institutions own?
Institutional investment managers disclosed approximately $16.62M in RFM holdings for Q2 2026. This figure is reported 13F value as of the filing period, not necessarily today's market value.
When was RFM institutional ownership last updated?
The latest RFM institutional ownership data on InsiderSet is based on SEC Form 13F filings for the quarter ended June 30, 2026. Form 13F filings are generally reported after the quarter ends, so the holdings shown represent the latest publicly disclosed positions rather than real-time institutional holdings.
Are institutional RFM holdings real-time?
No. Form 13F data is not real-time. It represents positions reported by institutional investment managers as of the end of the reporting quarter. An institution may have changed its RFM position after the reporting date.
Are institutions buying or selling RFM?
Institutional buying and selling can be analyzed by comparing RFM positions across consecutive 13F reporting periods. InsiderSet's RFM Ownership Changes page shows institutions that increased, reduced, initiated, or exited positions based on reported 13F holdings. View RFM ownership changes.
How has RFM institutional ownership changed over time?
InsiderSet tracks RFM institutional holdings across multiple 13F reporting periods, allowing investors to compare institutional holder counts, reported value, and reported shares over time.