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RF Acquisition Corp II

RFAI
Exchange
Nasdaq
Industry
Blank Checks
SEC CIK
0002012807

No open-market purchases or sales by RF Acquisition Corp II insiders were filed in the last 90 days; 13 institutions reported holding it in 13F filings for Q2 2026, worth $48.2M in total; no superinvestor holds it.

Other share classesRFAIRRFAIU

13F holders, Q4 2025

Institutional positions in RF Acquisition Corp II as of Dec 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
15
−15 vs. Q3 2025
Shares held
4.34M
−5.59M (−56.3%) vs. Q3 2025
Total value
$46.6M
−$59.9M (−56.3%) vs. Q3 2025
New holders
1
4 more added
Sold out
16
10 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting RFAI 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 holdersQ4 2025: 15 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 29 institutionsQ4 2024: 35 institutionsQ1 2025: 30 institutionsQ2 2025: 28 institutionsQ3 2025: 30 institutionsQ4 2025: 15 institutionsQ1 2026: 15 institutionsQ2 2026: 13 institutions
Value heldQ4 2025: $46.6M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $91.3MQ4 2024: $98.9MQ1 2025: $99.9MQ2 2025: $103.7MQ3 2025: $106.6MQ4 2025: $46.6MQ1 2026: $48.5MQ2 2026: $48.2M
Institutions holding RFAI and their total value by quarter
QuarterHoldersValue
Q2 202613$48.2M
Q1 202615$48.5M
Q4 202515$46.6M
Q3 202530$106.6M
Q2 202528$103.7M
Q1 202530$99.9M
Q4 202435$98.9M
Q3 202429$91.3M
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding RF Acquisition Corp II; share changes are against Q3 2025.

Institutions holding RFAI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Karpus Management, Inc.2,397,033$25.7M0.79%−8,550−0.4%Reduced
Vivaldi Asset Management, LLC514,506$5.53M0.33%−514,608−50.0%Reduced
Berkley W R Corp297,878$3.20M0.18%−639,967−68.2%Reduced
Deutsche Bank AG243,000$2.61M0.00%−50,000−17.1%Reduced
Mizuho Securities USA LLC229,362$2.44M0.04%+73,343+47.0%Added
Glazer Capital, LLC199,986$2.15M0.06%−318,931−61.5%Reduced
CNH Partners LLC170,331$1.84M0.04%−602,651−78.0%Reduced
Wolverine Asset Management LLC150,750$1.63M0.02%−701,224−82.3%Reduced
Polar Asset Management Partners Inc.50,000$537.5K0.01%−175,000−77.8%Reduced
Kepos Capital LP29,057$316.0K1.79%−943−3.1%Reduced
Logan Stone Capital, LLC19,004$206.5K0.05%+19,004New
Susquehanna International Group, LLP16,150$174.1K0.00%+3,808+30.9%Added
Goldman Sachs Group Inc16,214$174.0K0.00%−57,344−78.0%Reduced
Clear Street Group Inc.9,179$98.7K0.00%+8,978+4,466.7%Added
Morgan Stanley564$6.05K0.00%+40+7.6%Added
Wealthspring Capital LLC0$00.00%−746,745−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−541,134−100.0%Sold out
Two Sigma Investments, LP0$00.00%−250,000−100.0%Sold out
Westchester Capital Management, LLC0$00.00%−250,000−100.0%Sold out
Periscope Capital Inc.0$00.00%−175,100−100.0%Sold out
Toronto Dominion Bank0$00.00%−100,000−100.0%Sold out
Picton Mahoney Asset Management0$00.00%−100,000−100.0%Sold out
Magnetar Financial LLC0$00.00%−99,000−100.0%Sold out
Rivernorth Capital Management, LLC0$00.00%−93,099−100.0%Sold out
Shaolin Capital Management LLC0$00.00%−87,500−100.0%Sold out
Mint Tower Capital Management B.V.0$00.00%−80,000−100.0%Sold out
Warberg Asset Management LLC0$00.00%−38,000−100.0%Sold out
Radcliffe Capital Management, L.P.0$00.00%−30,066−100.0%Sold out
Robinson Capital Management, LLC0$00.00%−20,250−100.0%Sold out
Citadel Advisors LLC0$00.00%−16,388−100.0%Sold out
UBS Group AG0$00.00%−1,999−100.0%Sold out