$RFM

$13.30 +$0.09 (0.68%) Close

$RFM Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 6.1M shares outstanding

Who owns RFM?

By type of holder

Institutions 18.9% Insiders 2.0% Everyone else 79.0%

Concentration Top 10 holders own 15.4%

Robinson Capital Management, LLC 2.5% · Wells Fargo & Company/mn 2.4%

Institutional ownership

18.9%

+0.6 pts vs last qtr

Institutional holders

-2 vs last qtr

Net shares bought

+35.5K

by institutions in Q2 2026

New / sold out

2 / 4

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Thomas J. Herzfeld Advisors, Inc. NEW +79.3K
Rivernorth Capital Management, LLC +16.3K

Biggest sellers in Q2 2026

Logan Stone Capital, LLC SOLD OUT −63.9K
Carnegie Investment Counsel SOLD OUT −15.0K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Rivernorth Flexible Municipal Income Fund Inc in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for Rivernorth Flexible Municipal Income Fund Inc.

How patient are the owners?

Institutional shares by how long they've been held

5+ years38% 3–5 years1% 1–3 years23% Under 1 year38%

Quarterly turnover

9.7%

of institutional shares changed hands

Top 10 managers, median time held

1.3 years

Super Investors

Investment managers reporting RFM on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
RC Robinson Capital Management, LLC	155.0K	2.54%	Unchanged	2025	1.0%
Shares held by quarter Peak holding155.0K (Q4'25) Change over 8 quarters+155.0K Share of the company2.540% Robinson Capital Management, LLC's full portfolio →
WF Wells Fargo & Company/mn	144.1K	2.36%	−500 (−0.3%)	≤2021	0.0%
Shares held by quarter Peak holding179.3K (Q1'25) Change over 8 quarters+3.3K Share of the company2.360% Wells Fargo & Company/mn's full portfolio →

Robinson Capital Management, LLC

155.0K

% of company

2.54%

Change vs last qtr

Unchanged

Held since

2025

Wells Fargo & Company/mn

144.1K

% of company

2.36%

Change vs last qtr

−500 (−0.3%)

Held since

≤2021

27 more super investors behind a free account

See every manager holding Rivernorth Flexible Municipal Income Fund Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting RFM on Form N-PORT; together they hold 2.5% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
RT Robinson Tax Advantaged Income Fund Investment Managers Series Trust	$2.29M	155.0K	2.54%	1.03%	June 30, 2026
MS Multi-Hedge Strategies Fund Rydex Variable Trust	$3.43K	232	0.00%	0.01%	June 30, 2026

Robinson Tax Advantaged Income Fund

Investment Managers Series Trust

Position value

$2.29M

% of company

2.54%

% of the fund

1.03%

As of

June 30, 2026

Multi-Hedge Strategies Fund

Rydex Variable Trust

Position value

$3.43K

% of company

0.00%

% of the fund

0.01%

As of

June 30, 2026

1 more funds behind a free account

See every fund holding Rivernorth Flexible Municipal Income Fund Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
RF RiverNorth Financial Holdings, LLC Insider	40.6K	0.67%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.670% RiverNorth Financial Holdings, LLC's insider activity →
GP Galley Patrick W. Insider	9.0K	0.15%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.150% Galley Patrick W.'s insider activity →

RiverNorth Financial Holdings, LLC

Insider

40.6K

% of company

0.67%

Change vs last qtr

—

Held since

—

Galley Patrick W.

Insider

9.0K

% of company

0.15%

Change vs last qtr

—

Held since

—

1 more holders behind a free account

See every insider and 5%+ holder of Rivernorth Flexible Municipal Income Fund Inc.

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