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RiverNorth Flexible Municipal Income Fund, Inc.

RFM
Exchange
NYSE
SEC CIK
0001790177

No open-market purchases or sales by RiverNorth Flexible Municipal Income Fund, Inc. insiders were filed in the last 90 days; 25 institutions reported holding it in 13F filings for Q2 2026, worth $17.1M in total; no superinvestor holds it.

13F holders, Q4 2024

Institutional positions in RiverNorth Flexible Municipal Income Fund, Inc. as of Dec 31, 2024. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
21
+3 vs. Q3 2024
Shares held
814.7K
+172.2K (+26.8%) vs. Q3 2024
Total value
$12.1M
+$1.65M (+15.8%) vs. Q3 2024
New holders
4
7 more added
Sold out
1
6 more reduced

1 institution that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting RFM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2024: 21 institutions
Q1 2021: 15 institutionsQ2 2021: 16 institutionsQ3 2021: 14 institutionsQ4 2021: 20 institutionsQ1 2022: 20 institutionsQ2 2022: 16 institutionsQ3 2022: 15 institutionsQ4 2022: 17 institutionsQ1 2023: 17 institutionsQ2 2023: 15 institutionsQ3 2023: 16 institutionsQ4 2023: 19 institutionsQ1 2024: 19 institutionsQ2 2024: 17 institutionsQ3 2024: 19 institutionsQ4 2024: 21 institutionsQ1 2025: 18 institutionsQ2 2025: 17 institutionsQ3 2025: 20 institutionsQ4 2025: 24 institutionsQ1 2026: 27 institutionsQ2 2026: 25 institutions
Value heldQ4 2024: $12.1M
Q1 2021: $15.5MQ2 2021: $18.0MQ3 2021: $17.9MQ4 2021: $17.8MQ1 2022: $14.5MQ2 2022: $10.5MQ3 2022: $8.32MQ4 2022: $11.0MQ1 2023: $11.9MQ2 2023: $11.8MQ3 2023: $10.4MQ4 2023: $10.3MQ1 2024: $10.1MQ2 2024: $10.2MQ3 2024: $10.9MQ4 2024: $12.1MQ1 2025: $11.0MQ2 2025: $12.0MQ3 2025: $12.0MQ4 2025: $14.1MQ1 2026: $15.8MQ2 2026: $17.1M
Institutions holding RFM and their total value by quarter
QuarterHoldersValue
Q2 202625$17.1M
Q1 202627$15.8M
Q4 202524$14.1M
Q3 202520$12.0M
Q2 202517$12.0M
Q1 202518$11.0M
Q4 202421$12.1M
Q3 202419$10.9M
Q2 202417$10.2M
Q1 202419$10.1M
Q4 202319$10.3M
Q3 202316$10.4M
Q2 202315$11.8M
Q1 202317$11.9M
Q4 202217$11.0M
Q3 202215$8.32M
Q2 202216$10.5M
Q1 202220$14.5M
Q4 202120$17.8M
Q3 202114$17.9M
Q2 202116$18.0M
Q1 202115$15.5M

Institutions, Q4 2024

Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund, Inc.; share changes are against Q3 2024.

Institutions holding RFM in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Wells Fargo & Company160,257$2.38M0.00%+19,486+13.8%Added
Wolverine Asset Management LLC103,215$1.53M0.03%+55,952+118.4%Added
Morgan Stanley80,899$1.20M0.00%+3,745+4.9%Added
UBS Group AG80,700$1.20M0.00%−2,833−3.4%Reduced
Logan Stone Capital, LLC76,483$1.14M0.38%+64,195+522.4%Added
Wedbush Securities Inc52,482$780.0K0.03%−2,335−4.3%Reduced
Royal Bank of Canada52,001$773.0K0.00%−6,181−10.6%Reduced
Steel Peak Wealth Management LLC26,250$390.3K0.02%+7,000+36.4%Added
Virtu Financial LLC25,894$385.0K0.02%+25,894New
LPL Financial LLC25,379$377.4K0.00%−21,341−45.7%Reduced
Fairhaven Wealth Management, LLC18,864$280.5K0.09%00.0%Unchanged
Stifel Financial Corp16,425$244.2K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.15,642$232.6K0.00%+110+0.7%Added
Carnegie Capital Asset Management, LLC15,000$223.1K0.01%00.0%Unchanged
Capital Investment Advisors, LLC14,750$219.3K0.00%−2,000−11.9%Reduced
Apollon Wealth Management, LLC14,000$208.2K0.00%+14,000New
Raymond James Financial Inc12,484$185.6K0.00%+12,484New
Wiley Bros.-Aintree Capital, LLC11,064$167.3K0.00%−500−4.3%Reduced
Noble Wealth Management PBC6,941$103.2K0.07%+6,941New
GWM Advisors LLC5,342$79.4K0.00%+98+1.9%Added
Sound Income Strategies, LLC600$8.92K0.00%00.0%Unchanged
Spire Wealth Management0$00.00%−2,499−100.0%Sold out
Raymond James & Associates––––Not filed