RiverNorth Opportunistic Municipal Income Fund, Inc.
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · RMI · as of Dec 31, 2021
Ownership Breakdown
16
Institutional Holders
▲ 2 vs Q3
$24.80M
Total Inst. Value
▲ $1.11M vs Q3
6.37M
Shares Outstanding
freeFloat 99.95%
1.11M
13F Shares Held
▲ 39,576 vs Q3
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
RMI largest shareholders · institutional ownership
Q4 2021 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
ROYAL BANK OF CANADA | 172.0K | 2.70% | 2.70% | $3.84B | Feb 14, 2022 | ▲ 6.2K |
ROBINSON CAPITAL MANAGEMENT, LLC | 162.7K | 2.55% | 2.55% | $3.63B | Feb 8, 2022 | — held |
MORGAN STANLEY | 138.8K | 2.18% | 2.18% | $3.10B | Feb 14, 2022 | ▼ 77 |
KARPUS MANAGEMENT, INC. | 137.3K | 2.15% | 2.15% | $3.06B | Feb 14, 2022 | ▼ 16.5K |
UBS GROUP AG | 118.8K | 1.86% | 1.86% | $2.65B | Feb 14, 2022 | ▼ 21.6K |
WELLS FARGO & COMPANY/MN | 117.0K | 1.84% | 1.84% | $2.61B | Feb 14, 2022 | ▲ 4.9K |
ADVISORS ASSET MANAGEMENT, INC. | 86.5K | 1.36% | 1.36% | $1.93B | Feb 15, 2022 | ▲ 34.2K |
FORTRESS WEALTH MANAGEMENT, INC. | 48.0K | 75.27% | 75.27% | $1.07B | Feb 3, 2022 | NEW |
FAMILY MANAGEMENT CORP | 42.7K | 67.06% | 67.06% | $953.00M | Feb 14, 2022 | — held |
CYPRESS WEALTH SERVICES, LLC | 32.5K | 50.99% | 50.99% | $725.00M | Jan 19, 2022 | ▲ 2.5K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q4 2021 vs prior quarter
Q4 2021
4
Increased
+47.9K shares4
New Positions
first time holders5
Decreased
−40.2K shares3
Sold Out
fully exitedNet shares change (top 50)
+7.7K
+47.9K / −40.2K
Net new holders
+0
4 new / 3 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
RMI insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
23
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Dec 22, 2025 | Purchase | 3,941 | $14.47 | $57.0K | 84.5K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Dec 18, 2025 | Purchase | 5,058 | $14.46 | $73.2K | 80.5K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 24, 2025 | Purchase | 5,558 | $14.48 | $80.5K | 75.5K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 17, 2025 | Purchase | 6,642 | $14.54 | $96.6K | 69.9K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 14, 2025 | Purchase | 7,045 | $14.50 | $102.2K | 63.3K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 13, 2025 | Purchase | 3,664 | $14.60 | $53.5K | 56.2K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 11, 2025 | Purchase | 1,657 | $14.65 | $24.3K | 52.5K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 10, 2025 | Purchase | 1,301 | $14.54 | $18.9K | 50.9K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 7, 2025 | Purchase | 6,857 | $14.51 | $99.5K | 49.6K | Form 4 ↗ |
RiverNorth Financial Holdings, LLC Affiliate of the Adviser | Nov 5, 2025 | Purchase | 1,226 | $14.67 | $18.0K | 42.7K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is primarily owned by institutional investors, who hold approximately 17.4% of total shares outstanding. Company insiders own approximately 0.05%, while retail and public investors account for the remaining 82.50%.
The largest institutional shareholder of RiverNorth Opportunistic Municipal Income Fund, Inc. is ROYAL BANK OF CANADA, holding approximately 172,022 shares — equal to 2.70% of outstanding shares — as of December 31, 2021.
A total of 16 institutional investors currently hold RMI stock, with a combined institutional value of approximately $24,800,000 as of the most recent 13F filing period.
Frequently asked questions
RMI ownershipRiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is primarily owned by institutional investors, who hold approximately 17.4% of shares. The largest shareholder is ROYAL BANK OF CANADA with a 2.70% stake. Company insiders hold 0.05%. Data sourced from SEC Form 13F as of December 31, 2021.