Robinson Capital Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Robinson Capital Management, LLC reported 110 stock positions worth $237.6 million. Its top holding was Invesco Municipal Opport (VMO) at 6.7% of the portfolio, followed by Invesco Trust for Investmen (VGM, 4.8%) and BlackRock Municipal Inc. TRST (BFK, 4.7%). Compared with Q1 2025, it opened 18 new positions, sold out of 13, added to 27 and reduced 20. The biggest buy was Nuveen NJ QLTY Muni (XNXJX, shares +166%) and the biggest sale Nuveen Ca QLTY Muni (NAC, shares −84%).

Most Recent 13F
Q2 2026
Location
GROSSE POINTE FARMS, MI
CIK
0001599795
Portfolio Value
$237.6M (Q2 2025)
SEC Filing
0001213900-25-076202 ↗ filed Aug 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $277.4M Q1 2024 Q2 2024: $277.2M Q2 2024 Q3 2024: $290.4M Q3 2024 Q4 2024: $247.7M Q4 2024 Q1 2025: $246.0M Q1 2025 Q2 2025: $237.6M $237.6M Q2 2025 Q3 2025: $137.9M Q3 2025 Q4 2025: $236.0M Q4 2025 Q1 2026: $220.5M Q1 2026 Q2 2026: $223.4M Q2 2026

Holdings 110 stocks · $237.6M
VMO Invesco Municipal Opport 6.67% 1,727,121 $15.9M No change
VGM Invesco Trust for Investmen 4.75% 1,189,186 $11.3M Reduce -14.9%
BFK BlackRock Municipal Inc. TRST 4.68% 1,159,433 $11.1M No change
VKQ Invesco Municipal Trust 4.41% 1,144,311 $10.5M Reduce -1.2%
BLE BlackRock Muni Inc. TR II 4.34% 1,026,233 $10.3M Add +0.3%
VKI Invesco Adv Muni Inc. TR II 4.09% 1,160,347 $9.7M Reduce -0.7%
MUC BlackRock Munihold Ca QLTY 3.31% 758,664 $7.9M No change
MIY BlackRock Muniyield Mi QLTY 3.01% 648,615 $7.2M Reduce -5.5%
IQI Invesco Quality Muni Inc. TR 2.93% 740,873 $6.9M No change
NAD Nuveen Quality Municipal Inc. 2.74% 575,811 $6.5M Reduce -39.1%
XMVTX BlackRock Munivest Fund II 2.67% 562,820 $6.4M Reduce -0.1%
IIM Invesco Value Municipal Inco 2.40% 490,018 $5.7M Reduce -28.4%
XRMMX Rvrnrth MGD Dur Muni Inc. filed as RIVERNORTH MANAGED DUR MUN I 2.39% 424,098 $5.7M Add +84.3%
XMQTX BlackRock Muniyield QLTY II 2.36% 581,510 $5.6M No change
MYI BlackRock Muniyield QLTY III 2.23% 504,646 $5.3M Add +14.6%
NVG Nuveen Amt-FR Muni CRDT 2.21% 440,998 $5.3M Reduce -41.2%
XNXJX Nuveen NJ QLTY Muni Inc. 2.15% 450,111 $5.1M Add +166.2%
MUJ BlackRock Munihold NJ QLTY 1.97% 427,670 $4.7M No change
NRK Nuveen NY Amt-FR Muni Inc. 1.89% 452,967 $4.5M Reduce -6.2%
MYN BlackRock Muniyield NY QLTY 1.86% 462,946 $4.4M No change
BYM BlackRock Muni Inc. QLTY 1.81% 407,198 $4.3M Add +29.8%
VPV Invesco Pa Val Muni Inc. 1.73% 408,018 $4.1M Add +5.8%
MMU Western Asset Managed Munici 1.70% 408,162 $4.0M Reduce -13.7%
XMVFX BlackRock Munivest Fund 1.53% 553,080 $3.6M Reduce -33.9%
MUE BlackRock Munihold QLT FD II 1.48% 367,085 $3.5M Add +8.4%
RFMZ Rivernorth Flex Muni II 1.48% 278,179 $3.5M Add +139.8%
MHD BlackRock Muniholdings Fund 1.46% 310,361 $3.5M Add +7.3%
VTN Invesco TR for Invest GRD NY 1.20% 273,763 $2.9M Reduce -2.6%
XNQPX Nuveen Pa QLTY Muni Inc. 1.17% 248,384 $2.8M Reduce -5.7%
XBKNX BlackRock Invest QLTY Muni 1.16% 251,536 $2.7M Add +65.7%
XNEAX Nuveen Amt-FR QLTY Muni Inc. 1.08% 235,327 $2.6M Reduce -19.9%
XMYDX BlackRock Muniyield Fund 1.05% 248,548 $2.5M Add +5.6%
NZF Nuveen Municipal Credit Inc. 1.02% 202,535 $2.4M Reduce -27.8%
RMI Rivernorth Opport Muni Inc. 0.98% 163,438 $2.3M Add +68.0%
MQY BlackRock Muniyield Quality 0.94% 200,126 $2.2M Add +9.2%
RFM Rivernorth Flexible Muni 0.90% 153,772 $2.1M Add +266.3%
MUA BlackRock Muniassets Fund 0.90% 193,252 $2.1M Add +17.2%
XBFZX BlackRock Ca Muni Inc. TR 0.89% 195,158 $2.1M No change
NMCO Nuveen Municipal Credit Opp 0.84% 185,428 $2.0M Reduce -23.5%
XPCQX PIMCO California Muni Inc. FD 0.68% 188,997 $1.6M New
SBI Western Asset Intermediate 0.62% 194,504 $1.5M Add +189.9%
NUV Nuveen Municipal Value 0.60% 165,384 $1.4M New
NAC Nuveen Ca QLTY Muni Inc. 0.58% 122,707 $1.4M Reduce -84.2%
PML PIMCO Municipal Income FD II 0.50% 160,095 $1.2M New
MHN BlackRock Muniholding NY QLT 0.50% 120,619 $1.2M No change
EIM Eaton Vance Municipal Bond 0.49% 119,746 $1.2M Reduce -9.5%
NBH Neuberger Municipal Fund Inc. 0.45% 108,711 $1.1M Add +125.2%
NDMO Nuveen Dynamic Municipal Opp 0.39% 91,695 $923K No change
PMO Franklin Muncipl Opps Tst-Ui 0.37% 88,439 $875K New
XPMQX PIMCO Muni Income Fund III 0.34% 109,933 $797K New
XPMFX PIMCO Municipal Income Fund 0.33% 97,867 $781K New
ERH Allspring Utilities and High 0.29% 55,117 $699K Add +0.1%
XPCKX PIMCO California Municipa II 0.28% 123,013 $659K New
KIO KKR Income Opportunities 0.28% 52,089 $654K Add +10.7%
XJQCX Nuveen Credit Strategies Inc. 0.27% 120,650 $650K New
DMO Western Asset Mort Def Opp 0.27% 53,687 $641K Add +16.5%
WDI Western Asset Divers Inc. 0.27% 42,740 $634K Add +25.1%
HIX Western Asset High Inc. II 0.27% 147,625 $633K Add +10.9%
REM iShares Mortgage Real Estate 0.26% 29,420 $629K Add +18.4%
EHI Western Asset Global High Inc. 0.26% 95,930 $627K Add +10.9%
RA Brookfield Real Assets Incom 0.26% 46,602 $623K No change
PFD Flaherty & Crumrin Pre&inc F 0.26% 55,008 $622K No change
WIW Western Asst Infl-LNK Opp 0.25% 68,740 $602K New
JLS Nuveen Mortgage & Income 0.25% 31,267 $586K Add +83.2%
XBNYX BlackRock New York Muni Inc. 0.23% 55,829 $540K No change
PNI PIMCO NY Muni Inc. II FND 0.22% 69,694 $524K New
JFR Nuveen Floating Rate Income 0.22% 60,480 $512K No change
PGZ Principal Real Estate Income 0.20% 46,088 $485K Add +0.2%
NCZ Virtus Convertible & Income 0.19% 35,467 $455K Add +0.2%
VT Vanguard Tot World STK ETF 0.19% 3,500 $450K No change
NCV Virtus Convertible & Income 0.19% 31,336 $445K New
XBTAX BlackRock LNG-TRM Muni Adv 0.15% 38,187 $350K New
HEQ John Hancock Divers Inc. Fund 0.14% 30,308 $321K No change
DMAAU Drugs Made in America Acquis 0.13% 30,000 $310K New
VCIC Vine Hill Capital Class A 0.11% 25,250 $263K No change
XFFCX Flaherty & Crumrine Pref Inc. 0.10% 15,113 $246K No change
GPAT GP-Act III Acquisition-A 0.10% 22,250 $235K No change
IPEX Inflection Point Acquisition filed as MAYWOOD ACQUISITION CORP 0.10% 22,451 $227K New
RFAI RF Acquisition Corp. II 0.09% 20,250 $214K No change
CCIX Churchill Capital Corp. Ix 0.08% 18,250 $192K No change
RANG Range Capital Acquisition Co. 0.08% 18,250 $188K New
CUBWU Lionheart Holdings 0.08% 18,000 $187K No change
UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP 0.08% 18,000 $186K Reduce -1.4%
GSRT GSR III Acquisition Corp. 0.07% 15,250 $165K No change
JVSA Jvspac Acquisition Corp. Class A 0.07% 15,000 $163K No change
ALF Centurion Acquisition Corp. 0.07% 15,250 $161K No change
FTW Eqv Ventures Acquisition C-A 0.07% 15,250 $160K No change
SIMA Sim Acquisition Corp. I-A 0.07% 15,250 $159K No change
LPAA Launch One Acquisition Corp. 0.07% 15,250 $159K No change
VACH Voyager Acquisition Corp. 0.07% 15,250 $158K No change
MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR 0.07% 15,250 $158K No change
FACT Fact II Acquisition Corp. 0.07% 15,250 $158K No change
NTWO Newbury Street II Ac Class A 0.07% 15,250 $157K No change
DMYY DMY Squared Technology GR-A 0.07% 12,000 $156K Reduce -2.0%
DYNC Dynamix Corp. 0.07% 15,250 $155K No change
LPBBU Launch Two Acquisition Corp. 0.07% 15,250 $154K No change
CHARU Charlton Aria Acquisition Co. 0.06% 15,250 $154K No change
NOEM CO2 Energy Transition Corp. 0.06% 15,250 $154K New
CHAR Charlton Aria Acquisiti Class A 0.06% 14,466 $149K No change
CCIR Cohen Circle Acquisitio Class A 0.06% 12,250 $134K No change

Show all 110 holdings

Other holdings (3): bonds, preferreds, convertibles and warrants · $917K (not counted above)
SecurityClassShares / PrincipalValueChange
RMMZ Rvrnrth MGD Dur Muni Inc. II COM · principal 64,235$903KNew
JVSAR Jvspac Acquisition Corp.-RTS RIGHT 11/26/2026 · principal 15,000$13KNo change
RFAIR RF Acquisition Corp. II RIGHT 05/01/2026 · principal 20,000$1KNo change

Total filed on the 13F, all lines: $238.5M.

Portfolio Sells Q1 2025 → Q2 2025
NAC Nuveen Ca QLTY Muni Inc. Reduce -84.2% 0.58% −2.98
NAD Nuveen Quality Municipal Inc. Reduce -39.1% 2.74% −1.69
NVG Nuveen Amt-FR Muni CRDT Reduce -41.2% 2.21% −1.56
IIM Invesco Value Municipal Inco Reduce -28.4% 2.40% −0.93
VGM Invesco Trust for Investmen Reduce -14.9% 4.75% −0.91
XMVFX BlackRock Munivest Fund Reduce -33.9% 1.53% −0.85
NZF Nuveen Municipal Credit Inc. Reduce -27.8% 1.02% −0.38
TYG Tortoise Energy Infrastruct Sold out 0.00% −0.31
MMU Western Asset Managed Munici Reduce -13.7% 1.70% −0.28
XNEAX Nuveen Amt-FR QLTY Muni Inc. Reduce -19.9% 1.08% −0.26
JHI John Hancock Investors TR Sold out 0.00% −0.24
FMN Federated Herm Prem Muni Inc. Sold out 0.00% −0.24
NMCO Nuveen Municipal Credit Opp Reduce -23.5% 0.84% −0.22
BGB Blackstone Strategic Credit Sold out 0.00% −0.18
MIY BlackRock Muniyield Mi QLTY Reduce -5.5% 3.01% −0.16
DFP Flaherty & Crumrine DYN Pref Sold out 0.00% −0.14
BBN BlackRock Taxable Muni BND Sold out 0.00% −0.14
VKQ Invesco Municipal Trust Reduce -1.2% 4.41% −0.14
NRK Nuveen NY Amt-FR Muni Inc. Reduce -6.2% 1.89% −0.13
ETB Eaton Vance T/M Buy-WRT Inc. Sold out 0.00% −0.13
ETV Eaton Vance T/M Buy-Writ Opp Sold out 0.00% −0.09
BSII Black Spade Acquisition II C Sold out 0.00% −0.08
NHS Neuberger High Yield Strateg Sold out 0.00% −0.08
ARES ACQUISITION CORP II Sold out 0.00% −0.05
ANSC Agriculture & Natural Soluti Sold out 0.00% −0.05
COLOMBIER ACQUISITION CORP Sold out 0.00% −0.05
EIM Eaton Vance Municipal Bond Reduce -9.5% 0.49% −0.05
XNQPX Nuveen Pa QLTY Muni Inc. Reduce -5.7% 1.17% −0.03
UCFI CN Healthy Food Tech Group C Reduce -1.4% 0.08% +0.00
DMYY DMY Squared Technology GR-A Reduce -2.0% 0.07% +0.01
VTN Invesco TR for Invest GRD NY Reduce -2.6% 1.20% +0.01
VKI Invesco Adv Muni Inc. TR II Reduce -0.7% 4.09% +0.03
XMVTX BlackRock Munivest Fund II Reduce -0.1% 2.67% +0.29

Portfolio Buys Q1 2025 → Q2 2025
XNXJX Nuveen NJ QLTY Muni Inc. Add +166.2% 2.15% +1.34
XRMMX Rvrnrth MGD Dur Muni Inc. Add +84.3% 2.39% +1.05
RFMZ Rivernorth Flex Muni II Add +139.8% 1.48% +0.85
XPCQX PIMCO California Muni Inc. FD New 0.68% +0.68
RFM Rivernorth Flexible Muni Add +266.3% 0.90% +0.65
NUV Nuveen Municipal Value New 0.60% +0.60
PML PIMCO Municipal Income FD II New 0.50% +0.50
XBKNX BlackRock Invest QLTY Muni Add +65.7% 1.16% +0.45
BYM BlackRock Muni Inc. QLTY Add +29.8% 1.81% +0.43
SBI Western Asset Intermediate Add +189.9% 0.62% +0.40
RMI Rivernorth Opport Muni Inc. Add +68.0% 0.98% +0.39
PMO Franklin Muncipl Opps Tst-Ui New 0.37% +0.37
XPMQX PIMCO Muni Income Fund III New 0.34% +0.34
XPMFX PIMCO Municipal Income Fund New 0.33% +0.33
XPCKX PIMCO California Municipa II New 0.28% +0.28
XJQCX Nuveen Credit Strategies Inc. New 0.27% +0.27
MYI BlackRock Muniyield QLTY III Add +14.6% 2.23% +0.26
WIW Western Asst Infl-LNK Opp New 0.25% +0.25
NBH Neuberger Municipal Fund Inc. Add +125.2% 0.45% +0.25
PNI PIMCO NY Muni Inc. II FND New 0.22% +0.22
NCV Virtus Convertible & Income New 0.19% +0.19
MUA BlackRock Muniassets Fund Add +17.2% 0.90% +0.18
XBTAX BlackRock LNG-TRM Muni Adv New 0.15% +0.15
DMAAU Drugs Made in America Acquis New 0.13% +0.13
VPV Invesco Pa Val Muni Inc. Add +5.8% 1.73% +0.13
JLS Nuveen Mortgage & Income Add +83.2% 0.25% +0.12
MUE BlackRock Munihold QLT FD II Add +8.4% 1.48% +0.10
IPEX Inflection Point Acquisition New 0.10% +0.10
MHD BlackRock Muniholdings Fund Add +7.3% 1.46% +0.08
RANG Range Capital Acquisition Co. New 0.08% +0.08
WDI Western Asset Divers Inc. Add +25.1% 0.27% +0.07
NOEM CO2 Energy Transition Corp. New 0.06% +0.06
MQY BlackRock Muniyield Quality Add +9.2% 0.94% +0.06
HVIIU Hennessy Capital Investment New 0.05% +0.05
COLA Columbus Acquisition Corp. New 0.05% +0.05
DMO Western Asset Mort Def Opp Add +16.5% 0.27% +0.05
XMYDX BlackRock Muniyield Fund Add +5.6% 1.05% +0.04
HIX Western Asset High Inc. II Add +10.9% 0.27% +0.04
KIO KKR Income Opportunities Add +10.7% 0.28% +0.04
REM iShares Mortgage Real Estate Add +18.4% 0.26% +0.04
EHI Western Asset Global High Inc. Add +10.9% 0.26% +0.03
NCZ Virtus Convertible & Income Add +0.2% 0.19% +0.03
ERH Allspring Utilities and High Add +0.1% 0.29% +0.02
BLE BlackRock Muni Inc. TR II Add +0.3% 4.34% +0.01
PGZ Principal Real Estate Income Add +0.2% 0.20% +0.01

Notes & Other Activity Q1 2025 → Q2 2025
RMMZ Rvrnrth MGD Dur Muni Inc. II COM · principal New 64,235 $903K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 88$223.4MMHD, MQY, MYI, MUC, EIM
Q1 2026 101$220.5MMHD, MQY, MYI, MUC, EIM
Q4 2025 114$236.0MVGM, VMO, BFK, BLE, MIY
Q3 2025 90$137.9MVGM, BFK, VMO, BLE, MIY
Q2 2025 110$237.6MVMO, VGM, BFK, VKQ, BLE
Q1 2025 105$246.0MVMO, VGM, BFK, VKQ, NAD
Q4 2024 100$247.7MVMO, VGM, NAD, BFK, VKQ
Q3 2024 178$290.4MNAD, NZF, NVG, XNEAX, BFK
Q2 2024 168$277.2MNVG, NAD, NZF, XNEAX, BFK
Q1 2024 171$277.4MNZF, NVG, NAD, XNEAX, BFK