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RiverNorth Managed Duration Municipal Income Fund, Inc.

RMM
Exchange
NYSE
SEC CIK
0001771226

No open-market purchases or sales by RiverNorth Managed Duration Municipal Income Fund, Inc. insiders were filed in the last 90 days; 53 institutions reported holding it in 13F filings for Q2 2026, worth $55.9M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in RiverNorth Managed Duration 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
44
−1 vs. Q4 2024
Shares held
3.66M
+466.5K (+14.6%) vs. Q4 2024
Total value
$52.4M
+$6.37M (+13.8%) vs. Q4 2024
New holders
4
25 more added
Sold out
5
6 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 RMM 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: 44 institutions
Q1 2021: 29 institutionsQ2 2021: 29 institutionsQ3 2021: 25 institutionsQ4 2021: 27 institutionsQ1 2022: 30 institutionsQ2 2022: 28 institutionsQ3 2022: 28 institutionsQ4 2022: 33 institutionsQ1 2023: 34 institutionsQ2 2023: 31 institutionsQ3 2023: 31 institutionsQ4 2023: 40 institutionsQ1 2024: 43 institutionsQ2 2024: 43 institutionsQ3 2024: 39 institutionsQ4 2024: 46 institutionsQ1 2025: 44 institutionsQ2 2025: 51 institutionsQ3 2025: 51 institutionsQ4 2025: 57 institutionsQ1 2026: 52 institutionsQ2 2026: 53 institutions
Value heldQ1 2025: $52.4M
Q1 2021: $58.7MQ2 2021: $56.4MQ3 2021: $51.3MQ4 2021: $44.0MQ1 2022: $33.5MQ2 2022: $29.9MQ3 2022: $29.1MQ4 2022: $31.6MQ1 2023: $30.5MQ2 2023: $37.3MQ3 2023: $33.6MQ4 2023: $41.4MQ1 2024: $45.8MQ2 2024: $49.0MQ3 2024: $51.5MQ4 2024: $46.3MQ1 2025: $52.4MQ2 2025: $51.1MQ3 2025: $41.4MQ4 2025: $45.5MQ1 2026: $48.1MQ2 2026: $55.9M
Institutions holding RMM and their total value by quarter
QuarterHoldersValue
Q2 202653$55.9M
Q1 202652$48.1M
Q4 202557$45.5M
Q3 202551$41.4M
Q2 202551$51.1M
Q1 202544$52.4M
Q4 202446$46.3M
Q3 202439$51.5M
Q2 202443$49.0M
Q1 202443$45.8M
Q4 202340$41.4M
Q3 202331$33.6M
Q2 202331$37.3M
Q1 202334$30.5M
Q4 202233$31.6M
Q3 202228$29.1M
Q2 202228$29.9M
Q1 202230$33.5M
Q4 202127$44.0M
Q3 202125$51.3M
Q2 202129$56.4M
Q1 202129$58.7M

Institutions, Q1 2025

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

Institutions holding RMM in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Wells Fargo & Company531,000$7.60M0.00%+51,884+10.8%Added
Stratos Wealth Partners, LTD.439,443$6.29M0.10%+6,991+1.6%Added
UBS Group AG342,311$4.90M0.00%+19,564+6.1%Added
Stifel Financial Corp289,560$4.15M0.00%−9,335−3.1%Reduced
Morgan Stanley272,023$3.90M0.00%+15,903+6.2%Added
Royal Bank of Canada268,226$3.84M0.00%+25,822+10.7%Added
Robinson Capital Management, LLC230,155$3.30M1.34%+163,942+247.6%Added
ProVise Management Group, LLC165,000$2.36M0.20%+1,250+0.8%Added
Pensionmark Financial Group, LLC120,800$1.73M0.05%+91,800+316.6%Added
Advisors Asset Management, Inc.111,176$1.59M0.03%−2,040−1.8%Reduced
Logan Stone Capital, LLC104,458$1.50M0.70%+21,728+26.3%Added
U.S. Capital Wealth Advisors, LLC97,255$1.39M0.04%−1,070−1.1%Reduced
LPL Financial LLC79,174$1.13M0.00%+150+0.2%Added
Raymond James Financial Inc71,033$1.02M0.00%+8,618+13.8%Added
GTS Securities LLC68,053$974.5K0.04%+68,053New
Truist Financial Corp57,503$823.4K0.00%+11,564+25.2%Added
Apollon Wealth Management, LLC38,945$557.7K0.01%+11,034+39.5%Added
Oppenheimer & Co Inc34,900$499.8K0.01%+9,700+38.5%Added
XML Financial, LLC28,899$413.8K0.04%+3,250+12.7%Added
Wiley Bros.-Aintree Capital, LLC24,684$354.2K0.00%00.0%Unchanged
Avidian Wealth Solutions, LLC24,000$343.7K0.02%00.0%Unchanged
Rockefeller Capital Management L.P.23,243$332.8K0.00%−1,069−4.4%Reduced
Readystate Asset Management LP22,690$324.9K0.02%−3,914−14.7%Reduced
Wedbush Securities Inc21,412$307.0K0.01%+2,153+11.2%Added
Wolverine Asset Management LLC19,977$286.1K0.01%+11,544+136.9%Added
Bank of America Corp19,792$283.4K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC18,374$263.1K0.00%+8,059+78.1%Added
Landscape Capital Management, L.L.C.17,281$247.5K0.02%+6,731+63.8%Added
National Asset Management, Inc.16,206$232.1K0.01%+1,345+9.1%Added
GWM Advisors LLC15,600$223.4K0.00%00.0%Unchanged
Janney Montgomery Scott LLC15,304$219.0K0.00%+1,000+7.0%Added
Twelve Points Wealth Management LLC13,697$196.1K0.05%00.0%Unchanged
AE Wealth Management LLC13,300$190.5K0.00%+65+0.5%Added
Change Path, LLC12,252$176.5K0.01%+145+1.2%Added
Melfa Wealth Management, LLC10,871$155.7K0.11%+24+0.2%Added
Advisor Group Holdings, Inc.7,167$102.6K0.00%+4,020+127.7%Added
Noble Wealth Management PBC6,500$93.1K0.06%00.0%Unchanged
South State Corp.5,000$71.6K0.00%+5,000New
Harbour Investments, Inc.1,250$17.9K0.00%00.0%Unchanged
West Branch Capital LLC500$7.16K0.00%−1,000−66.7%Reduced
Hollencrest Capital Management245$3.51K0.00%00.0%Unchanged
Comerica Bank142$2.03K0.00%00.0%Unchanged
JPMorgan Chase & Co0$80.00%0New
Allworth Financial LP0$60.00%0New
Independent Advisor Alliance0$00.00%−29,605−100.0%Sold out
Nomura Holdings Inc0$00.00%−19,447−100.0%Sold out
HRT Financial LP0$00.00%−15,667−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−1,500−100.0%Sold out
Elequin Capital LP0$00.00%−200−100.0%Sold out
Fairhaven Wealth Management, LLC––––Not filed