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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 2026

Institutional positions in RiverNorth Flexible Municipal Income Fund, Inc. as of Mar 31, 2026. 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
27
+3 vs. Q4 2025
Shares held
1.12M
+111.8K (+11.1%) vs. Q4 2025
Total value
$15.8M
+$1.68M (+11.9%) vs. Q4 2025
New holders
4
9 more added
Sold out
1
6 more reduced

Compare with Q4 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.

Institutional holdersQ1 2026: 27 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 2026: $15.8M
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 2026

Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund, Inc.; share changes are against Q4 2025.

Institutions holding RFM in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Robinson Capital Management, LLC154,999$2.23M1.00%00.0%Unchanged
Wells Fargo & Company144,555$2.03M0.00%+98+0.1%Added
Morgan Stanley116,344$1.63M0.00%−80,048−40.8%Reduced
Guggenheim Capital LLC104,755$1.47M0.01%+104,755New
UBS Group AG68,738$964.4K0.00%+2,791+4.2%Added
Royal Bank of Canada67,484$947.0K0.00%+17,738+35.7%Added
Professional Financial Management, Inc.64,986$911.8K0.95%+64,986New
Logan Stone Capital, LLC63,871$896.1K0.25%−35,134−35.5%Reduced
Estate Planners Group, LLC54,608$766.2K0.37%−1,630−2.9%Reduced
Rivernorth Capital Management, LLC47,654$668.6K0.03%+36,267+318.5%Added
GWM Advisors LLC34,271$480.8K0.00%+2,147+6.7%Added
Raymond James Financial Inc22,631$317.5K0.00%+694+3.2%Added
Wedbush Securities Inc20,694$290.0K0.01%+104+0.5%Added
River Street Advisors LLC18,864$264.7K0.09%00.0%Unchanged
Closed-End Fund Advisors, Inc.15,668$219.8K0.22%00.0%Unchanged
Stifel Financial Corp15,525$217.8K0.00%00.0%Unchanged
Carnegie Capital Asset Management, LLC15,000$210.4K0.00%00.0%Unchanged
Capital Investment Advisors, LLC14,250$199.9K0.00%−1,000−6.6%Reduced
Noble Wealth Management PBC13,801$193.6K0.10%+750+5.7%Added
Advisor Group Holdings, Inc.13,621$191.1K0.00%−2,372−14.8%Reduced
Apollon Wealth Management, LLC13,500$189.4K0.00%00.0%Unchanged
LPL Financial LLC13,226$185.6K0.00%+1,605+13.8%Added
Wiley Bros.-Aintree Capital, LLC12,229$171.6K0.00%−3,082−20.1%Reduced
Hamrick Investment Counsel, llc7,449$104.5K0.06%+7,449New
Highline Wealth Partners LLC1,000$14.0K0.00%00.0%Unchanged
Advisory Services Network, LLC833$11.7K0.00%+833New
Blue Bell Private Wealth Management, LLC500$7.01K0.00%00.0%Unchanged
Wolverine Asset Management LLC0$00.00%−5,168−100.0%Sold out