Robinson Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Robinson Capital Management, LLC reported 105 stock positions worth $246.0 million. Its top holding was Invesco Municipal Opport (VMO) at 6.7% of the portfolio, followed by Invesco Trust for Investmen (VGM, 5.7%) and BlackRock Municipal Inc. TRST (BFK, 4.7%). Compared with Q4 2024, it opened 25 new positions, sold out of 20, added to 24 and reduced 30. The biggest buy was Rvrnrth MGD Dur Muni (XRMMX, shares +248%) and the biggest sale Nuveen Amt-FR QLTY Muni (XNEAX, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- GROSSE POINTE FARMS, MI
- CIK
- 0001599795
- Portfolio Value
- $246.0M (Q1 2025)
- SEC Filing
- 0001213900-25-042488 ↗ filed May 13, 2025
Holdings Value
Holdings 105 stocks · $246.0M
| VMO Invesco Municipal Opport | 6.66% | 1,727,121 | $16.4M | Add +1.8% |
| VGM Invesco Trust for Investmen | 5.66% | 1,396,874 | $13.9M | Add +1.1% |
| BFK BlackRock Municipal Inc. TRST | 4.67% | 1,159,433 | $11.5M | Reduce -1.2% |
| VKQ Invesco Municipal Trust | 4.54% | 1,157,845 | $11.2M | Add +1.5% |
| NAD Nuveen Quality Municipal Inc. | 4.43% | 945,457 | $10.9M | Reduce -8.1% |
| BLE BlackRock Muni Inc. TR II | 4.32% | 1,023,704 | $10.6M | Add +0.1% |
| VKI Invesco Adv Muni Inc. TR II | 4.06% | 1,168,558 | $10.0M | Reduce -4.6% |
| NVG Nuveen Amt-FR Muni CRDT | 3.77% | 749,589 | $9.3M | Reduce -3.9% |
| NAC Nuveen Ca QLTY Muni Inc. | 3.56% | 777,896 | $8.7M | Reduce -4.5% |
| IIM Invesco Value Municipal Inco | 3.33% | 684,436 | $8.2M | Add +6.5% |
| MUC BlackRock Munihold Ca QLTY | 3.30% | 758,664 | $8.1M | Add +2.7% |
| MIY BlackRock Muniyield Mi QLTY | 3.18% | 686,300 | $7.8M | No change |
| IQI Invesco Quality Muni Inc. TR | 2.92% | 740,873 | $7.2M | Reduce -17.1% |
| XMVFX BlackRock Munivest Fund | 2.39% | 836,981 | $5.9M | Reduce -6.7% |
| XMVTX BlackRock Munivest Fund II | 2.38% | 563,456 | $5.9M | Reduce -0.4% |
| XMQTX BlackRock Muniyield QLTY II | 2.36% | 581,510 | $5.8M | Reduce -1.5% |
| NRK Nuveen NY Amt-FR Muni Inc. | 2.02% | 482,967 | $5.0M | Add +11.6% |
| MMU Western Asset Managed Munici | 1.98% | 473,096 | $4.9M | No change |
| MYI BlackRock Muniyield QLTY III | 1.97% | 440,246 | $4.8M | Add +38.0% |
| MUJ BlackRock Munihold NJ QLTY | 1.96% | 427,670 | $4.8M | No change |
| MYN BlackRock Muniyield NY QLTY | 1.87% | 462,946 | $4.6M | No change |
| VPV Invesco Pa Val Muni Inc. | 1.60% | 385,684 | $3.9M | Add +127.7% |
| NZF Nuveen Municipal Credit Inc. | 1.39% | 280,477 | $3.4M | Reduce -59.8% |
| MHD BlackRock Muniholdings Fund | 1.38% | 289,263 | $3.4M | Add +4.6% |
| MUE BlackRock Munihold QLT FD II | 1.38% | 338,529 | $3.4M | Add +5.0% |
| BYM BlackRock Muni Inc. QLTY | 1.38% | 313,752 | $3.4M | Add +114.9% |
| XRMMX Rvrnrth MGD Dur Muni Inc. filed as RIVERNORTH MANAGED DUR MUN I | 1.34% | 230,155 | $3.3M | Add +247.6% |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 1.34% | 293,968 | $3.3M | Reduce -66.0% |
| XNQPX Nuveen Pa QLTY Muni Inc. | 1.20% | 263,384 | $3.0M | Add +7.3% |
| VTN Invesco TR for Invest GRD NY | 1.19% | 280,983 | $2.9M | Add +186.4% |
| NMCO Nuveen Municipal Credit Opp | 1.05% | 242,324 | $2.6M | Add +4.9% |
| XMYDX BlackRock Muniyield Fund | 1.01% | 235,298 | $2.5M | Add +1057.2% |
| MQY BlackRock Muniyield Quality | 0.87% | 183,299 | $2.1M | New |
| XBFZX BlackRock Ca Muni Inc. TR | 0.87% | 195,158 | $2.1M | Add +41.4% |
| XNXJX Nuveen NJ QLTY Muni Inc. | 0.81% | 169,105 | $2.0M | Add +535.2% |
| MUA BlackRock Muniassets Fund | 0.72% | 164,938 | $1.8M | New |
| XBKNX BlackRock Invest QLTY Muni | 0.71% | 151,821 | $1.7M | New |
| RFMZ Rivernorth Flex Muni II | 0.63% | 116,002 | $1.6M | Add +23.2% |
| RMI Rivernorth Opport Muni Inc. | 0.59% | 97,276 | $1.5M | Add +110.5% |
| EIM Eaton Vance Municipal Bond | 0.54% | 132,301 | $1.3M | New |
| MHN BlackRock Muniholding NY QLT | 0.50% | 120,619 | $1.2M | No change |
| NDMO Nuveen Dynamic Municipal Opp | 0.38% | 91,695 | $941K | Add +4.5% |
| TYG Tortoise Energy Infrastruct | 0.31% | 17,437 | $751K | No change |
| ERH Allspring Utilities and High | 0.27% | 55,052 | $673K | No change |
| RFM Rivernorth Flexible Muni | 0.25% | 41,983 | $621K | New |
| PFD Flaherty & Crumrin Pre&inc F | 0.25% | 55,008 | $617K | No change |
| RA Brookfield Real Assets Incom | 0.25% | 46,602 | $613K | No change |
| JHI John Hancock Investors TR | 0.24% | 43,700 | $593K | No change |
| FMN Federated Herm Prem Muni Inc. | 0.24% | 53,234 | $578K | Reduce -39.4% |
| KIO KKR Income Opportunities | 0.23% | 47,039 | $578K | New |
| EHI Western Asset Global High Inc. | 0.23% | 86,460 | $572K | No change |
| XBNYX BlackRock New York Muni Inc. | 0.23% | 55,829 | $568K | No change |
| HIX Western Asset High Inc. II | 0.23% | 133,050 | $556K | No change |
| REM iShares Mortgage Real Estate | 0.23% | 24,837 | $553K | No change |
| DMO Western Asset Mort Def Opp | 0.22% | 46,067 | $545K | Add +24.3% |
| SBI Western Asset Intermediate | 0.21% | 67,091 | $523K | New |
| JFR Nuveen Floating Rate Income | 0.21% | 60,480 | $512K | New |
| NBH Neuberger Municipal Fund Inc. | 0.20% | 48,266 | $502K | New |
| WDI Western Asset Divers Inc. | 0.20% | 34,150 | $493K | Reduce -14.9% |
| PGZ Principal Real Estate Income | 0.20% | 46,008 | $484K | No change |
| BGB Blackstone Strategic Credit | 0.18% | 36,884 | $446K | Reduce -11.9% |
| NCZ Virtus Convertible & Income | 0.17% | 35,412 | $409K | No change |
| VT Vanguard Tot World STK ETF | 0.17% | 3,500 | $406K | No change |
| DFP Flaherty & Crumrine DYN Pref | 0.14% | 17,475 | $354K | No change |
| BBN BlackRock Taxable Muni BND | 0.14% | 20,692 | $345K | No change |
| JLS Nuveen Mortgage & Income | 0.13% | 17,067 | $320K | Reduce -32.7% |
| HEQ John Hancock Divers Inc. Fund | 0.13% | 30,308 | $315K | No change |
| ETB Eaton Vance T/M Buy-WRT Inc. | 0.13% | 23,016 | $314K | No change |
| VCIC Vine Hill Capital Class A | 0.10% | 25,250 | $257K | New |
| XFFCX Flaherty & Crumrine Pref Inc. | 0.10% | 15,113 | $241K | No change |
| GPAT GP-Act III Acquisition-A | 0.09% | 22,250 | $230K | Reduce -46.8% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.09% | 17,189 | $227K | No change |
| RFAI RF Acquisition Corp. II | 0.09% | 20,250 | $211K | Reduce -38.8% |
| CCIX Churchill Capital Corp. Ix | 0.08% | 18,250 | $196K | Reduce -50.4% |
| BSII Black Spade Acquisition II C | 0.08% | 19,000 | $193K | New |
| UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP | 0.08% | 18,250 | $191K | Reduce -47.8% |
| NHS Neuberger High Yield Strateg | 0.08% | 25,000 | $191K | No change |
| CUBWU Lionheart Holdings | 0.08% | 18,000 | $185K | Reduce -34.8% |
| JVSA Jvspac Acquisition Corp. Class A | 0.07% | 15,000 | $160K | Add +11.7% |
| ALF Centurion Acquisition Corp. | 0.06% | 15,250 | $157K | Reduce -47.3% |
| SIMA Sim Acquisition Corp. I-A | 0.06% | 15,250 | $156K | Reduce -51.3% |
| CHARU Charlton Aria Acquisition Co. | 0.06% | 15,250 | $156K | New |
| LPBBU Launch Two Acquisition Corp. | 0.06% | 15,250 | $156K | New |
| LPAA Launch One Acquisition Corp. | 0.06% | 15,250 | $156K | Reduce -51.3% |
| VACH Voyager Acquisition Corp. | 0.06% | 15,250 | $155K | Reduce -47.4% |
| FTW Eqv Ventures Acquisition C-A | 0.06% | 15,250 | $154K | New |
| NTWO Newbury Street II Ac Class A | 0.06% | 15,250 | $154K | New |
| FACT Fact II Acquisition Corp. | 0.06% | 15,250 | $153K | New |
| GSRT GSR III Acquisition Corp. | 0.06% | 15,250 | $153K | New |
| MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR | 0.06% | 15,250 | $153K | New |
| DYNC Dynamix Corp. | 0.06% | 15,250 | $152K | New |
| CHAR Charlton Aria Acquisiti Class A | 0.06% | 14,466 | $146K | New |
| CCIR Cohen Circle Acquisitio Class A | 0.06% | 12,250 | $137K | New |
| DMYY DMY Squared Technology GR-A | 0.06% | 12,250 | $137K | Reduce -58.1% |
| ARES ACQUISITION CORP II | 0.05% | 12,000 | $134K | Reduce -53.2% |
| ANSC Agriculture & Natural Soluti | 0.05% | 12,000 | $128K | Reduce -50.7% |
| COLOMBIER ACQUISITION CORP | 0.05% | 12,000 | $128K | No change |
| IBAC Ib Acquisition Corp. | 0.05% | 12,250 | $126K | Reduce -61.1% |
| TONT Graf Global Corp. Class A | 0.05% | 12,250 | $125K | No change |
| CAPN Cayson Acquisition Corp. | 0.05% | 12,250 | $125K | New |
| POLE Andretti Acquisition Corp. Class A | 0.05% | 12,250 | $124K | New |
| ALDFU Aldel Financial II Inc. | 0.05% | 12,000 | $123K | New |
| GIGGU GIGCAPITAL7 Inc. | 0.05% | 12,000 | $122K | Reduce -60.0% |
| NTWOU Newbury Street II Acquisitio | 0.05% | 12,000 | $121K | New |
| LEGT Legato Merger Corp. III | 0.05% | 11,347 | $119K | Reduce -46.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $5K (not counted above)
Total filed on the 13F, all lines: $246.0M.
Portfolio Sells Q4 2024 → Q1 2025
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Reduce -66.0% | 1.34% | −2.59 |
| NZF Nuveen Municipal Credit Inc. | Reduce -59.8% | 1.39% | −2.03 |
| EVN Eaton Vance Muni Inc. TR | Sold out | 0.00% | −1.64 |
| PMM Franklin Managed Municipal I | Sold out | 0.00% | −0.76 |
| IQI Invesco Quality Muni Inc. TR | Reduce -17.1% | 2.92% | −0.64 |
| NAN Nuveen NY QLTY Muni Inc. | Sold out | 0.00% | −0.47 |
| MFM Aberdeen Municipal Income | Sold out | 0.00% | −0.42 |
| NAD Nuveen Quality Municipal Inc. | Reduce -8.1% | 4.43% | −0.41 |
| VKI Invesco Adv Muni Inc. TR II | Reduce -4.6% | 4.06% | −0.26 |
| FSCO FS Credit Opportunities Corp. | Sold out | 0.00% | −0.24 |
| NCV Virtus Convertible & Income | Sold out | 0.00% | −0.18 |
| XMVFX BlackRock Munivest Fund | Reduce -6.7% | 2.39% | −0.16 |
| NAC Nuveen Ca QLTY Muni Inc. | Reduce -4.5% | 3.56% | −0.16 |
| FMN Federated Herm Prem Muni Inc. | Reduce -39.4% | 0.24% | −0.15 |
| PLMJF Plum Acquisition Corp. III | Sold out | 0.00% | −0.14 |
| TGAAF Target Global Acquisition -A | Sold out | 0.00% | −0.12 |
| QETA Quetta Acquisition Corp. | Sold out | 0.00% | −0.12 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -3.9% | 3.77% | −0.09 |
| GHIX Gores Holding Ix Inc. Class A | Sold out | 0.00% | −0.08 |
| IBAC Ib Acquisition Corp. | Reduce -61.1% | 0.05% | −0.08 |
| GPAT GP-Act III Acquisition-A | Reduce -46.8% | 0.09% | −0.08 |
| CCIX Churchill Capital Corp. Ix | Reduce -50.4% | 0.08% | −0.07 |
| GIGGU GIGCAPITAL7 Inc. | Reduce -60.0% | 0.05% | −0.07 |
| DMYY DMY Squared Technology GR-A | Reduce -58.1% | 0.06% | −0.07 |
| UCFI CN Healthy Food Tech Group C | Reduce -47.8% | 0.08% | −0.07 |
| AAM Aa Mission Acquisition Cor-A | Sold out | 0.00% | −0.07 |
| JVSAU Jvspac Acquisition Corp. | Sold out | 0.00% | −0.06 |
| PPYA Papaya Growth Opportuni Class A | Sold out | 0.00% | −0.06 |
| LPAA Launch One Acquisition Corp. | Reduce -51.3% | 0.06% | −0.06 |
| SIMA Sim Acquisition Corp. I-A | Reduce -51.3% | 0.06% | −0.06 |
| ARES ACQUISITION CORP II | Reduce -53.2% | 0.05% | −0.06 |
| NETD Nabors Energy Transition C-A | Sold out | 0.00% | −0.06 |
| SVIIF Spring Valley Acquisition-A | Sold out | 0.00% | −0.06 |
| CFFS CF Acquisition Corp. Vii Class A | Sold out | 0.00% | −0.06 |
| MACI Melar Acquisition Corp. I-A | Sold out | 0.00% | −0.05 |
| VACH Voyager Acquisition Corp. | Reduce -47.4% | 0.06% | −0.05 |
| ALF Centurion Acquisition Corp. | Reduce -47.3% | 0.06% | −0.05 |
| JLS Nuveen Mortgage & Income | Reduce -32.7% | 0.13% | −0.05 |
| FSHP Flag Ship Acquisition Corp. | Sold out | 0.00% | −0.05 |
| DTSQ DT Cloud Star Acquisition Co. | Sold out | 0.00% | −0.05 |
| ANSC Agriculture & Natural Soluti | Reduce -50.7% | 0.05% | −0.05 |
| RFAI RF Acquisition Corp. II | Reduce -38.8% | 0.09% | −0.05 |
| NAZ Nuveen Az QLTY Muni Inc. | Sold out | 0.00% | −0.05 |
| LEGT Legato Merger Corp. III | Reduce -46.2% | 0.05% | −0.04 |
| CUBWU Lionheart Holdings | Reduce -34.8% | 0.08% | −0.04 |
| WDI Western Asset Divers Inc. | Reduce -14.9% | 0.20% | −0.03 |
| XMVTX BlackRock Munivest Fund II | Reduce -0.4% | 2.38% | −0.03 |
| BGB Blackstone Strategic Credit | Reduce -11.9% | 0.18% | −0.03 |
| BFK BlackRock Municipal Inc. TRST | Reduce -1.2% | 4.67% | −0.00 |
| XMQTX BlackRock Muniyield QLTY II | Reduce -1.5% | 2.36% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| XRMMX Rvrnrth MGD Dur Muni Inc. | Add +247.6% | 1.34% | +0.95 |
| XMYDX BlackRock Muniyield Fund | Add +1057.2% | 1.01% | +0.92 |
| VPV Invesco Pa Val Muni Inc. | Add +127.7% | 1.60% | +0.89 |
| MQY BlackRock Muniyield Quality | New | 0.87% | +0.87 |
| VTN Invesco TR for Invest GRD NY | Add +186.4% | 1.19% | +0.78 |
| BYM BlackRock Muni Inc. QLTY | Add +114.9% | 1.38% | +0.74 |
| MUA BlackRock Muniassets Fund | New | 0.72% | +0.72 |
| XBKNX BlackRock Invest QLTY Muni | New | 0.71% | +0.71 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Add +535.2% | 0.81% | +0.68 |
| MYI BlackRock Muniyield QLTY III | Add +38.0% | 1.97% | +0.55 |
| EIM Eaton Vance Municipal Bond | New | 0.54% | +0.54 |
| RMI Rivernorth Opport Muni Inc. | Add +110.5% | 0.59% | +0.31 |
| RFM Rivernorth Flexible Muni | New | 0.25% | +0.25 |
| IIM Invesco Value Municipal Inco | Add +6.5% | 3.33% | +0.25 |
| XBFZX BlackRock Ca Muni Inc. TR | Add +41.4% | 0.87% | +0.25 |
| KIO KKR Income Opportunities | New | 0.23% | +0.23 |
| SBI Western Asset Intermediate | New | 0.21% | +0.21 |
| JFR Nuveen Floating Rate Income | New | 0.21% | +0.21 |
| NBH Neuberger Municipal Fund Inc. | New | 0.20% | +0.20 |
| NRK Nuveen NY Amt-FR Muni Inc. | Add +11.6% | 2.02% | +0.19 |
| MUC BlackRock Munihold Ca QLTY | Add +2.7% | 3.30% | +0.13 |
| RFMZ Rivernorth Flex Muni II | Add +23.2% | 0.63% | +0.12 |
| VCIC Vine Hill Capital Class A | New | 0.10% | +0.10 |
| XNQPX Nuveen Pa QLTY Muni Inc. | Add +7.3% | 1.20% | +0.09 |
| BSII Black Spade Acquisition II C | New | 0.08% | +0.08 |
| MHD BlackRock Muniholdings Fund | Add +4.6% | 1.38% | +0.08 |
| MUE BlackRock Munihold QLT FD II | Add +5.0% | 1.38% | +0.08 |
| NMCO Nuveen Municipal Credit Opp | Add +4.9% | 1.05% | +0.07 |
| LPBBU Launch Two Acquisition Corp. | New | 0.06% | +0.06 |
| CHARU Charlton Aria Acquisition Co. | New | 0.06% | +0.06 |
| FTW Eqv Ventures Acquisition C-A | New | 0.06% | +0.06 |
| NTWO Newbury Street II Ac Class A | New | 0.06% | +0.06 |
| FACT Fact II Acquisition Corp. | New | 0.06% | +0.06 |
| GSRT GSR III Acquisition Corp. | New | 0.06% | +0.06 |
| MRLN Merlin Inc. | New | 0.06% | +0.06 |
| DYNC Dynamix Corp. | New | 0.06% | +0.06 |
| CHAR Charlton Aria Acquisiti Class A | New | 0.06% | +0.06 |
| CCIR Cohen Circle Acquisitio Class A | New | 0.06% | +0.06 |
| CAPN Cayson Acquisition Corp. | New | 0.05% | +0.05 |
| POLE Andretti Acquisition Corp. Class A | New | 0.05% | +0.05 |
| ALDFU Aldel Financial II Inc. | New | 0.05% | +0.05 |
| NTWOU Newbury Street II Acquisitio | New | 0.05% | +0.05 |
| DMO Western Asset Mort Def Opp | Add +24.3% | 0.22% | +0.04 |
| NDMO Nuveen Dynamic Municipal Opp | Add +4.5% | 0.38% | +0.03 |
| VKQ Invesco Municipal Trust | Add +1.5% | 4.54% | +0.02 |
| VGM Invesco Trust for Investmen | Add +1.1% | 5.66% | +0.02 |
| JVSA Jvspac Acquisition Corp. Class A | Add +11.7% | 0.07% | +0.01 |
| VMO Invesco Municipal Opport | Add +1.8% | 6.66% | +0.00 |
| BLE BlackRock Muni Inc. TR II | Add +0.1% | 4.32% | −0.01 |
Notes & Other Activity Q4 2024 → Q1 2025
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 · principal | Sold out | 16,725 | $5Kbefore exit |
| JVSAR Jvspac Acquisition Corp.-RTS | RIGHT 11/26/2026 · principal | Reduce -31.1% | 15,000 | $4K |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 · principal | Sold out | 16,750 | $2Kbefore exit |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 · principal | Sold out | 16,061 | $2Kbefore exit |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 · principal | Sold out | 12,731 | $2Kbefore exit |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 · principal | Sold out | 16,139 | $2Kbefore exit |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 · principal | Reduce -39.1% | 20,000 | $1K |
| FSHPR Flag Ship Acquisition Corp. | RIGHT 03/31/2026 · principal | Sold out | 12,751 | $1Kbefore exit |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 · principal | Sold out | 11,072 | $996before exit |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 · principal | Sold out | 24,899 | $871before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 88 | $223.4M | MHD, MQY, MYI, MUC, EIM |
| Q1 2026 | 101 | $220.5M | MHD, MQY, MYI, MUC, EIM |
| Q4 2025 | 114 | $236.0M | VGM, VMO, BFK, BLE, MIY |
| Q3 2025 | 90 | $137.9M | VGM, BFK, VMO, BLE, MIY |
| Q2 2025 | 110 | $237.6M | VMO, VGM, BFK, VKQ, BLE |
| Q1 2025 | 105 | $246.0M | VMO, VGM, BFK, VKQ, NAD |
| Q4 2024 | 100 | $247.7M | VMO, VGM, NAD, BFK, VKQ |
| Q3 2024 | 178 | $290.4M | NAD, NZF, NVG, XNEAX, BFK |
| Q2 2024 | 168 | $277.2M | NVG, NAD, NZF, XNEAX, BFK |
| Q1 2024 | 171 | $277.4M | NZF, NVG, NAD, XNEAX, BFK |