RIVERNORTH FLEX MUNI II (RFMZ) Institutional Ownership Changes & 13F Activity
RIVERNORTH FLEX MUNI II (RFMZ). Institutional ownership data tracks hedge funds, asset managers, and other institutional investors based on recent SEC Form 13F filings (Q1 2026). This page analyzes institutional buying and selling activity, new holdings, and sold-out positions in the latest reporting period. Notable filers include Saba Capital Management, L.P., Karpus Management, Inc., Robinson Capital Management, Llc, Pathstone Holdings, Llc, and Atlas Wealth Llc.
| Institution | Type | Change in shares | Change Position % | Shares | Reported stock balance | Portfolio quarter | Filing date |
|---|---|---|---|---|---|---|---|
| Wells Fargo & Company/Mn | Buy | +2,104 | +0.5% | 390,558 | $4.94M | Q1 2026 | Jul 08, 2026 |
| Newedge Advisors, Llc | Buy | +25,595 | +33.9% | 101,029 | $101.03K | Q1 2026 | May 18, 2026 |
| Saba Capital Management, L.P. | Sell | -317,379 | -52.4% | 288,116 | $3.64M | Q1 2026 | May 15, 2026 |
| Gateway Wealth Partners, Llc | Buy | +191,193 | +119.6% | 351,058 | $4.44M | Q1 2026 | May 15, 2026 |
| Guggenheim Capital Llc | Buy | +114,512 | — | 114,512 | $1.45M | Q1 2026 | May 15, 2026 |
| Morgan Stanley | Buy | +114,114 | +19.6% | 697,544 | $8.82M | Q1 2026 | May 15, 2026 |
| Rivernorth Capital Management, Llc | Buy | +46,085 | +231.3% | 66,008 | $835.00K | Q1 2026 | May 15, 2026 |
| Royal Bank Of Canada | Buy | +17,560 | +5.2% | 355,042 | $4.49M | Q1 2026 | May 15, 2026 |
| Citadel Advisors Llc | Sell | -8,622 | -20.3% | 33,807 | $427.66K | Q1 2026 | May 15, 2026 |
| &Partners | Sell | -3,000 | -21.3% | 11,106 | $140.49K | Q1 2026 | May 15, 2026 |
| Osaic Holdings, Inc. | Buy | +1,906 | +16.6% | 13,393 | $169.43K | Q1 2026 | May 15, 2026 |
| Waverly Advisors, Llc | Buy | +1,322 | +6.9% | 20,506 | $259.40K | Q1 2026 | May 15, 2026 |
| Karpus Management, Inc. | Buy | +263,185 | — | 263,185 | $3.33M | Q1 2026 | May 14, 2026 |
| Rockefeller Capital Management L.P. | Buy | +18,421 | +2.3% | 811,452 | $10.26M | Q1 2026 | May 14, 2026 |
| Raymond James Financial Inc | Buy | +12,820 | +30.9% | 54,272 | $686.54K | Q1 2026 | May 14, 2026 |
| Eversource Wealth Advisors, Llc | Sell | -5,996 | -99.9% | 4 | $32.00 | Q1 2026 | May 14, 2026 |
| Choreo, Llc | Sell | -4,599 | -14.6% | 26,897 | $340.25K | Q1 2026 | May 13, 2026 |
| Blackrock, Inc. | Buy | +287 | — | 287 | $3.63K | Q1 2026 | May 13, 2026 |
| Professional Financial Management, Inc. | Buy | +183,933 | — | 183,933 | $2.33M | Q1 2026 | May 12, 2026 |
| Thomas J. Herzfeld Advisors, Inc. | Sell | -89,852 | -28.1% | 229,634 | $2.90M | Q1 2026 | May 12, 2026 |
| Stifel Financial Corp | Sell | -29,909 | -11.4% | 233,606 | $2.96M | Q1 2026 | May 12, 2026 |
| Robinson Capital Management, Llc | Buy | +200,312 | +45.2% | 643,727 | $8.38M | Q1 2026 | May 11, 2026 |
| Pathstone Holdings, Llc | Buy | +199,459 | +57.5% | 546,079 | $6.91M | Q1 2026 | May 11, 2026 |
| Closed-End Fund Advisors, Inc. | Buy | +18,970 | +15.5% | 141,623 | $1.79M | Q1 2026 | May 11, 2026 |
| Pinnacle Wealth Planning Services, Inc. | Buy | +607 | +170.5% | 963 | $12.18K | Q1 2026 | May 11, 2026 |
| Northwestern Mutual Wealth Management Co | Buy | +3,204 | — | 3,204 | $40.53K | Q1 2026 | May 07, 2026 |
| Atlas Wealth Llc | Sell | -197,632 | -62.7% | 117,358 | $4.18M | Q1 2026 | May 06, 2026 |
| Ubs Group Ag | Sell | -17,229 | -2.8% | 603,549 | $7.63M | Q1 2026 | May 05, 2026 |
| Hightower Advisors, Llc | Sell | -7,355 | -32.3% | 15,409 | $194.92K | Q1 2026 | May 05, 2026 |
| Ifc Advisors Llc | Sell | -36,269 | -54.7% | 30,000 | $379.50K | Q1 2026 | May 04, 2026 |
Frequently asked questions about RFMZ activity
Which institutional owners are buying RFMZ?
Institutional owners buying RFMZ include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.
What does "buy" mean in RFMZ activity?
"Buy" means an investor increased their reported position in RFMZ compared to the prior reporting period. This reflects growing exposure to RIVERNORTH FLEX MUNI II (RFMZ) rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).
Is institutional interest in RFMZ increasing?
Institutional interest in RFMZ can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.