RiverNorth Financial Holdings, LLC is a corporate entity that reports beneficial ownership of shares in RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) and 2 other companies under U.S. securities law. It has submitted 34 SEC insider filings since 2025, most recently in December 2025.
Every role RiverNorth Financial Holdings, LLC has reported on a Form 4, reconstructed from the filings themselves. Reporting insiders must state their relationship to the issuer (officer title, director seat, or 10% ownership) on every filing.
RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)2 filingsRiverNorth Flexible Municipal Income Fund, Inc. (RFM)14 filingsRiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)18 filingsLatest filing:
RiverNorth Financial Holdings, LLC files SEC Form 4 reports at RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ). 34 SEC Form 4 filings on record, most recently on 4 December 2025. Most recent open-market trade: bought $48K of RFMZ on 4 December 2025. Lifetime open-market purchases: $1.86M. Historical track record: 2/5 stars across 40 tracked purchases.
Every recent SEC Form 4 transaction RiverNorth Financial Holdings, LLC has reported, most recent first.
InsiderAlpha computes a forward-return-based score for every insider with enough Form 4 purchase history. The metrics below reflect realized performance after each tracked open-market purchase.
| Metric | Value |
|---|---|
| InsiderAlpha rating | ★★☆☆☆ (2/5) |
| Total purchases tracked | 40 |
| Purchases with forward-return data | 40 |
| 30-day win rate | 20% |
| 90-day win rate | 68% |
| Avg 5-day return | -0.06% |
| Avg 30-day return | -0.76% |
| Avg 90-day return | +1.37% |
| Best 30-day return |
InsiderAlpha's records for RiverNorth Financial Holdings, LLC go back to 2025: 34 primary Form 4 filings, an average of 17.0 per year. The typical open-market purchase is $46K (40 buys totaling $1.86M). The largest single buy on record is $104K of RFMZ in 2025. No recorded transaction carries a Rule 10b5-1 plan flag. An absent flag does not establish whether a transaction was pre-arranged or discretionary.
Insiders who reported open-market trades in the last 12 months at the companies RiverNorth Financial Holdings, LLC files at. Multiple unrelated insiders buying the same stock within a short window, cluster buying, has historically been one of the strongest Form 4 signals.
Other corporate insiders with significant SEC Form 4 track records on InsiderAlpha:
RiverNorth Financial Holdings, LLC is a corporate entity of RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ). InsiderAlpha holds 34 primary Form 4 filings for it, the earliest from 2025, updated as new SEC EDGAR filings are processed.
The most recent primary Form 4 on record is dated 4 December 2025, one of 34 filings going back to 2025.
Recorded transactions: 40 open-market purchases ($1.86M) and 0 open-market sales across all tracked filings.
Across 40 tracked purchases, RiverNorth Financial Holdings, LLC averaged -0.8% avg 30-day return with a 20% 30-day win rate. InsiderAlpha rates the track record at 2/5 stars.
All Form 4 filings, transaction values, and 10b5-1 plan flags are listed on this page and updated in real time as new SEC EDGAR filings are processed.
A free account opens the full scored daily plan and every past day, a watchlist for any ticker, and 3 months of price history on every company page. No card.
Free plan available · Paid plans start with a 7-day free trial
$RFMZ RiverNorth Flexible Municipal Income Fund II, Inc.8.2K shares @ $12.67$104K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.2.7K shares @ $14.05$38K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.4.9K shares @ $14.06$69K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.5.6K shares @ $14.48$80K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.6.6K shares @ $14.54$97K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.4.3K shares @ $14.37$62K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.7.0K shares @ $14.50$102K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.3.7K shares @ $14.60$53K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.1.2K shares @ $14.42$18K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.4.3K shares @ $14.31$62K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.1.7K shares @ $14.65$24K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.1.3K shares @ $14.54$19K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.4.3K shares @ $14.32$61K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.6.9K shares @ $14.51$99K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.2.2K shares @ $14.45$31K
$RMI RiverNorth Opportunistic Municipal Income Fund, Inc.1.2K shares @ $14.67$18K
$RFM RiverNorth Flexible Municipal Income Fund, Inc.4.3K shares @ $14.41$61K
| +1.49% |