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 2025
Institutional positions in RiverNorth Flexible Municipal Income Fund, Inc. as of Dec 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
- 24
- +4 vs. Q3 2025
- Shares held
- 1.01M
- +182.1K (+22.0%) vs. Q3 2025
- Total value
- $14.1M
- +$2.14M (+17.9%) vs. Q3 2025
- New holders
- 6
- 5 more added
- Sold out
- 2
- 7 more reduced
Compare with Q3 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 25 | $17.1M |
| Q1 2026 | 27 | $15.8M |
| Q4 2025 | 24 | $14.1M |
| Q3 2025 | 20 | $12.0M |
| Q2 2025 | 17 | $12.0M |
| Q1 2025 | 18 | $11.0M |
| Q4 2024 | 21 | $12.1M |
| Q3 2024 | 19 | $10.9M |
| Q2 2024 | 17 | $10.2M |
| Q1 2024 | 19 | $10.1M |
| Q4 2023 | 19 | $10.3M |
| Q3 2023 | 16 | $10.4M |
| Q2 2023 | 15 | $11.8M |
| Q1 2023 | 17 | $11.9M |
| Q4 2022 | 17 | $11.0M |
| Q3 2022 | 15 | $8.32M |
| Q2 2022 | 16 | $10.5M |
| Q1 2022 | 20 | $14.5M |
| Q4 2021 | 20 | $17.8M |
| Q3 2021 | 14 | $17.9M |
| Q2 2021 | 16 | $18.0M |
| Q1 2021 | 15 | $15.5M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 196,392 | $2.74M | 0.00% | +58,331+42.3% | Added |
| Robinson Capital Management, LLC | 154,999 | $2.17M | 0.91% | +72,805+88.6% | Added |
| Wells Fargo & Company | 144,457 | $2.02M | 0.00% | −12,188−7.8% | Reduced |
| Logan Stone Capital, LLC | 99,005 | $1.38M | 0.34% | +43,235+77.5% | Added |
| UBS Group AG | 65,947 | $921.3K | 0.00% | −52,044−44.1% | Reduced |
| Estate Planners Group, LLC | 56,238 | $785.7K | 0.34% | +56,238 | New |
| Royal Bank of Canada | 49,746 | $695.0K | 0.00% | −7,594−13.2% | Reduced |
| GWM Advisors LLC | 32,124 | $448.8K | 0.00% | −2,994−8.5% | Reduced |
| Raymond James Financial Inc | 21,937 | $306.5K | 0.00% | −175−0.8% | Reduced |
| Wedbush Securities Inc | 20,590 | $288.0K | 0.01% | +53+0.3% | Added |
| River Street Advisors LLC | 18,864 | $263.5K | 0.10% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 15,993 | $223.4K | 0.00% | +2,430+17.9% | Added |
| Closed-End Fund Advisors, Inc. | 15,668 | $218.9K | 0.13% | +15,668 | New |
| Stifel Financial Corp | 15,525 | $216.9K | 0.00% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 15,311 | $213.9K | 0.00% | +15,311 | New |
| Capital Investment Advisors, LLC | 15,250 | $213.0K | 0.00% | 00.0% | Unchanged |
| Carnegie Capital Asset Management, LLC | 15,000 | $209.6K | 0.00% | 00.0% | Unchanged |
| Apollon Wealth Management, LLC | 13,500 | $188.6K | 0.00% | −500−3.6% | Reduced |
| Noble Wealth Management PBC | 13,051 | $182.3K | 0.09% | −3,805−22.6% | Reduced |
| LPL Financial LLC | 11,621 | $162.3K | 0.00% | +11,621 | New |
| Rivernorth Capital Management, LLC | 11,387 | $159.1K | 0.01% | +11,387 | New |
| Wolverine Asset Management LLC | 5,168 | $72.2K | 0.00% | +5,168 | New |
| Highline Wealth Partners LLC | 1,000 | $14.0K | 0.00% | 00.0% | Unchanged |
| Blue Bell Private Wealth Management, LLC | 500 | $6.99K | 0.00% | 00.0% | Unchanged |
| Steel Peak Wealth Management LLC | 0 | $0 | 0.00% | −30,000−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −833−100.0% | Sold out |