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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, Q1 2025

Institutional positions in RiverNorth Flexible Municipal Income Fund, Inc. as of Mar 31, 2025. 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
18
−2 vs. Q4 2024
Shares held
747.8K
−48.0K (−6.0%) vs. Q4 2024
Total value
$11.0M
−$792.6K (−6.7%) vs. Q4 2024
New holders
1
7 more added
Sold out
3
7 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 18 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 heldQ1 2025: $11.0M
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, Q1 2025

Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund, Inc.; share changes are against Q4 2024.

Institutions holding RFM in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Wells Fargo & Company179,313$2.65M0.00%+19,056+11.9%Added
Morgan Stanley91,225$1.35M0.00%+10,326+12.8%Added
UBS Group AG79,444$1.17M0.00%−1,256−1.6%Reduced
Wedbush Securities Inc52,200$772.0K0.03%−282−0.5%Reduced
Royal Bank of Canada50,892$752.0K0.00%−1,109−2.1%Reduced
Logan Stone Capital, LLC47,453$701.4K0.33%−29,030−38.0%Reduced
Wolverine Asset Management LLC43,989$650.2K0.01%−59,226−57.4%Reduced
Robinson Capital Management, LLC41,983$620.5K0.25%+41,983New
Steel Peak Wealth Management LLC28,000$413.8K0.02%+1,750+6.7%Added
LPL Financial LLC25,004$369.6K0.00%−375−1.5%Reduced
Advisor Group Holdings, Inc.21,311$315.0K0.00%+5,669+36.2%Added
Stifel Financial Corp15,525$229.5K0.00%−900−5.5%Reduced
Capital Investment Advisors, LLC14,750$218.0K0.00%00.0%Unchanged
Raymond James Financial Inc14,750$218.0K0.00%+2,266+18.2%Added
Carnegie Capital Asset Management, LLC15,000$211.8K0.01%00.0%Unchanged
Apollon Wealth Management, LLC14,000$206.9K0.00%00.0%Unchanged
Noble Wealth Management PBC7,533$111.3K0.08%+592+8.5%Added
GWM Advisors LLC5,441$80.4K0.00%+99+1.9%Added
Virtu Financial LLC0$00.00%−25,894−100.0%Sold out
Wiley Bros.-Aintree Capital, LLC0$00.00%−11,064−100.0%Sold out
Sound Income Strategies, LLC0$00.00%−600−100.0%Sold out
Fairhaven Wealth Management, LLC––––Not filed