RF Acquisition Corp. IIRFAI

13F holders, Q4 2025 (December 31)
15holders −15
1new positions
16sold out
$10.73avg. 13F price*

At the end of Q4 2025, 15 institutions reported holding RF Acquisition Corp. II (RFAI) in their 13F filings, down 15 from Q3 2025. 1 opened new positions and 16 sold out. The largest holders were Karpus Management, Inc. ($25.7M), First Trust Capital Management L.P. ($5.5M) and Berkley W R Corp. ($3.2M).

Company
RF Acquisition Corp. II
CUSIP
G75389109
Latest filing quarter
Q2 2026

History

Number of 13F holders

010203040 Q3 2024: 29Q3 2024Q4 2024: 35Q4 2024Q1 2025: 30Q1 2025Q2 2025: 28Q2 2025Q3 2025: 30Q3 2025Q4 2025: 15Q4 2025Q1 2026: 15Q1 2026Q2 2026: 13Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions1$206K
Exits16$28.2M

All 13F filers, Q3 2025 → Q4 2025: 105,173 shares bought and 5,698,499 shares sold, net −5,593,326 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 15 holders

Karpus Management, Inc. 0.79% Reduce -0.4% 2,397,033 $25.7M
First Trust Capital Management L.P. 0.33% Reduce -50.0% 514,506 $5.5M
Berkley W R Corp. 0.18% Reduce -68.2% 297,878 $3.2M
Deutsche Bank AG 0.00% Reduce -17.1% 243,000 $2.6M
Mizuho Securities USA LLC 0.04% Add +47.0% 229,362 $2.4M
Glazer Capital, LLC 0.06% Reduce -61.5% 199,986 $2.1M
AQR Arbitrage LLC 0.05% Reduce -78.0% 170,331 $1.8M
Wolverine Asset Management LLC 0.09% Reduce -82.3% 150,750 $1.6M
Polar Asset Management Partners Inc. 0.01% Reduce -77.8% 50,000 $538K
Kepos Capital LP 1.96% Reduce -3.1% 29,057 $316K
Logan Stone Capital, LLC 0.05% New 19,004 $206K
Susquehanna International Group, LLP 0.00% Add +30.9% 16,150 $174K
Goldman Sachs Group Inc. 0.00% Reduce -78.0% 16,214 $174K
Clear Street Group Inc. 0.00% Add +4466.7% 9,179 $99K
Morgan Stanley 0.00% Add +7.6% 564 $6K

"% of holder's portfolio" is RFAI's weight in each manager's 13F, not the share of RF Acquisition Corp. II the manager owns.