Who Owns RiverNorth Flexible Municipal Income Fund, Inc. (RFM)?Hedge Fund & Institutional Holders
Institutional Holders
29
as of Q4 2025
Total Institutional Value
$2.165200013831001e+51T
% of Float Held
—
QoQ Change in Holders
+11 / -1
Price History
RFM — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| Noble Wealth Management PBC | New Position | +30K | +$425K |
| River Street Advisors LLC | New Position | +19K | +$263K |
| Closed-End Fund Advisors, Inc. | New Position | +16K | +$218K |
| Capital Investment Advisors, LLC | New Position | +15K | +$213K |
| Carnegie Investment Counsel | New Position | +15K | +$209K |
| Apollon Wealth Management, LLC | New Position | +14K | +$188K |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | New Position | +11K | +$159K |
| WOLVERINE ASSET MANAGEMENT LLC | New Position | +5K | +$72K |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | New Position | +500 | +$6K |
| &PARTNERS | New Position | +15K | +$0 |
| LPL Financial LLC | New Position | +12K | +$0 |
| WEDBUSH SECURITIES INC | Increased | +53 | +$-297K |
| OSAIC HOLDINGS, INC. | Increased | +2K | +$-195.3M |
| Logan Stone Capital, LLC | Increased | +43K | +$-805.1M |
| ROBINSON CAPITAL MANAGEMENT, LLC | Increased | +73K | +$-1.2B |
RFM — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| WELLS FARGO & COMPANY/MN | Decreased | -12K | -$2.3B |
| UBS Group AG | Decreased | -52K | -$1.7B |
| ROYAL BANK OF CANADA | Decreased | -8K | -$829.0M |
| NewEdge Advisors, LLC | Decreased | -3K | -$507.8M |
| RAYMOND JAMES FINANCIAL INC | Decreased | -175 | -$319.7M |
| Advisory Services Network, LLC | Closed Position | -833 | -$12.0M |
Top Institutional Holders(Q4 2025)
RFM Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 23 | $9.2M | +10 |
| Q3 2025 | 13 | $10.1B | -2 |
| Q2 2025 | 15 | $9.8B | -3 |
| Q1 2025 | 18 | $10.3B | -4 |
| Q4 2024 | 22 | $1.1T | +6 |
| Q3 2024 | 16 | $7.5T | +1 |
| Q2 2024 | 15 | $7.7T | -2 |
| Q1 2024 | 17 | $7.5T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 29 institutional investors hold RFM (RiverNorth Flexible Municipal Income Fund, Inc.). The largest holder is ROBINSON CAPITAL MANAGEMENT, LLC with $2.2M in shares. This quarter, 11 institutions opened new positions and 1 closed their positions.
Frequently Asked Questions
How many hedge funds own RFM?
As of Q4 2025, 29 institutional investors report holding RFM (RiverNorth Flexible Municipal Income Fund, Inc.) in their 13F filings.
Who is the largest institutional holder of RFM?
The largest institutional holder of RFM is ROBINSON CAPITAL MANAGEMENT, LLC with $2.2M in shares.
Is institutional ownership of RFM increasing or decreasing?
This quarter, 11 institutions opened new positions in RFM and 1 closed their positions.