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RiverNorth Flexible Municipal Income Fund II, Inc.

RFMZ
Exchange
NYSE
SEC CIK
0001817159

No open-market purchases or sales by RiverNorth Flexible Municipal Income Fund II, Inc. insiders were filed in the last 90 days; 57 institutions reported holding it in 13F filings for Q2 2026, worth $107.9M in total; no superinvestor holds it.

13F holders, Q2 2026

Institutional positions in RiverNorth Flexible Municipal Income Fund II, Inc. as of Jun 30, 2026. 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
57
+1 vs. Q1 2026
Shares held
7.92M
+196.8K (+2.5%) vs. Q1 2026
Total value
$107.9M
+$9.60M (+9.8%) vs. Q1 2026
New holders
7
18 more added
Sold out
6
15 more reduced

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting RFMZ 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 holdersQ2 2026: 57 institutions
Q1 2021: 7 institutionsQ2 2021: 14 institutionsQ3 2021: 12 institutionsQ4 2021: 19 institutionsQ1 2022: 26 institutionsQ2 2022: 27 institutionsQ3 2022: 30 institutionsQ4 2022: 37 institutionsQ1 2023: 28 institutionsQ2 2023: 30 institutionsQ3 2023: 33 institutionsQ4 2023: 44 institutionsQ1 2024: 42 institutionsQ2 2024: 47 institutionsQ3 2024: 41 institutionsQ4 2024: 54 institutionsQ1 2025: 48 institutionsQ2 2025: 53 institutionsQ3 2025: 55 institutionsQ4 2025: 62 institutionsQ1 2026: 58 institutionsQ2 2026: 57 institutions
Value heldQ2 2026: $107.9M
Q1 2021: $7.59MQ2 2021: $12.6MQ3 2021: $18.4MQ4 2021: $21.8MQ1 2022: $29.4MQ2 2022: $139.7MQ3 2022: $39.0MQ4 2022: $52.4MQ1 2023: $53.4MQ2 2023: $65.5MQ3 2023: $55.5MQ4 2023: $69.9MQ1 2024: $80.2MQ2 2024: $74.3MQ3 2024: $73.3MQ4 2024: $80.4MQ1 2025: $81.3MQ2 2025: $95.2MQ3 2025: $83.0MQ4 2025: $91.0MQ1 2026: $98.7MQ2 2026: $107.9M
Institutions holding RFMZ and their total value by quarter
QuarterHoldersValue
Q2 202657$107.9M
Q1 202658$98.7M
Q4 202562$91.0M
Q3 202555$83.0M
Q2 202553$95.2M
Q1 202548$81.3M
Q4 202454$80.4M
Q3 202441$73.3M
Q2 202447$74.3M
Q1 202442$80.2M
Q4 202344$69.9M
Q3 202333$55.5M
Q2 202330$65.5M
Q1 202328$53.4M
Q4 202237$52.4M
Q3 202230$39.0M
Q2 202227$139.7M
Q1 202226$29.4M
Q4 202119$21.8M
Q3 202112$18.4M
Q2 202114$12.6M
Q1 20217$7.59M

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund II, Inc.; share changes are against Q1 2026.

Institutions holding RFMZ in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Pathstone Holdings, LLC840,046$11.4M0.03%+293,967+53.8%Added
Rockefeller Capital Management L.P.817,449$11.1M0.02%+5,997+0.7%Added
Morgan Stanley700,248$9.54M0.00%+2,704+0.4%Added
Robinson Capital Management, LLC643,727$8.77M3.88%00.0%Unchanged
UBS Group AG534,335$7.28M0.00%−69,214−11.5%Reduced
Atlas Wealth LLC467,361$6.37M0.91%+130,408+38.7%Added
Guggenheim Capital LLC432,947$5.90M0.04%+318,435+278.1%Added
Wells Fargo & Company375,956$5.12M0.00%−14,602−3.7%Reduced
Royal Bank of Canada351,752$4.79M0.00%−3,290−0.9%Reduced
Karpus Management, Inc.254,285$3.47M0.10%−8,900−3.4%Reduced
Thomas J. Herzfeld Advisors, Inc.243,641$3.32M1.02%+14,007+6.1%Added
Stifel Financial Corp220,563$3.01M0.00%−13,043−5.6%Reduced
Envestnet Asset Management Inc187,033$2.55M0.00%+12,736+7.3%Added
Professional Financial Management, Inc.179,932$2.45M2.49%−4,001−2.2%Reduced
Oppenheimer & Co Inc178,522$2.43M0.03%−8,435−4.5%Reduced
Gateway Wealth Partners, LLC177,106$2.41M0.14%−173,952−49.6%Reduced
Riverbridge Partners LLC157,851$2.15M0.06%−67,206−29.9%Reduced
Closed-End Fund Advisors, Inc.135,328$1.84M1.80%−6,295−4.4%Reduced
GWM Advisors LLC112,523$1.53M0.00%+11,494+11.4%Added
Wedbush Securities Inc97,281$1.33M0.03%+18,635+23.7%Added
Noble Wealth Management PBC74,697$1.02M0.46%+16,579+28.5%Added
Rivernorth Capital Management, LLC66,008$899.7K0.04%00.0%Unchanged
IFC Advisors LLC66,008$899.7K0.11%+36,008+120.0%Added
Concurrent Investment Advisors, LLC64,275$876.1K0.01%+19,800+44.5%Added
Raymond James Financial Inc55,733$759.6K0.00%+1,461+2.7%Added
Citadel Advisors LLC44,404$605.2K0.00%+10,597+31.3%Added
Private Advisor Group, LLC43,800$597.0K0.00%+74+0.2%Added
Mathes Company, Inc.34,000$463.0K0.14%00.0%Unchanged
Carnegie Capital Asset Management, LLC30,000$408.9K0.01%00.0%Unchanged
PW Nova Financial Services LLC29,558$402.9K0.09%––
River Street Advisors LLC28,566$389.4K0.11%00.0%Unchanged
RSM US Wealth Management LLC26,345$359.1K0.00%−552−2.1%Reduced
Warren Averett Asset Management, LLC23,009$313.6K0.00%+2,503+12.2%Added
Arlington Capital Management, Inc.22,384$305.1K0.19%+315+1.4%Added
Worth Asset Management, LLC21,831$297.6K0.10%+21,831New
LPL Financial LLC17,632$240.3K0.00%00.0%Unchanged
Beacon Pointe Advisors, LLC17,210$234.6K0.00%+17,210New
Fifth Third Bancorp14,898$203.1K0.00%00.0%Unchanged
Susquehanna International Group, LLP14,461$197.1K0.00%+14,461New
Advisor Group Holdings, Inc.13,925$189.8K0.00%+532+4.0%Added
SRS Capital Advisors, Inc.12,471$170.0K0.00%+12,471New
HighTower Advisors, LLC12,198$166.3K0.00%−3,211−20.8%Reduced
Caliber Wealth Management, LLC12,000$163.6K0.02%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC11,106$151.4K0.00%00.0%Unchanged
PFG Investments, LLC10,300$140.4K0.01%−2,424−19.1%Reduced
XML Financial, LLC10,000$136.3K0.01%−3,000−23.1%Reduced
Wellspring Financial Advisors, LLC10,000$136.3K0.01%00.0%Unchanged
Compass Financial Management LLC6,011$81.9K0.01%+6,011New
EverSource Wealth Advisors, LLC6,000$81.8K0.00%00.0%Unchanged
US Bancorp3,055$41.6K0.00%−1,008−24.8%Reduced
Global Retirement Partners, LLC2,295$31.3K0.00%+2,295New
Pinnacle Wealth Planning Services, Inc.963$13.1K0.00%00.0%Unchanged
Private Trust Co NA886$12.1K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC879$12.0K0.00%00.0%Unchanged
Highline Wealth Partners LLC700$9.54K0.00%00.0%Unchanged
WPG Advisers, LLC266$3.63K0.00%00.0%Unchanged
XP Advisory US, Inc.35$4770.00%+35New
Saba Capital Management, L.P.0$00.00%−288,116−100.0%Sold out
Logan Stone Capital, LLC0$00.00%−67,255−100.0%Sold out
Matisse Capital0$00.00%−49,190−100.0%Sold out
Truist Financial Corp0$00.00%−16,146−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−3,204−100.0%Sold out
BlackRock, Inc.0$00.00%−287−100.0%Sold out
Financially in Tune, LLC––––Not filed
U.S. Capital Wealth Advisors, LLC––––Not filed