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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, Q1 2025

Institutional positions in RiverNorth Flexible Municipal Income Fund II, Inc. as of Mar 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
48
−5 vs. Q4 2024
Shares held
6.05M
+78.7K (+1.3%) vs. Q4 2024
Total value
$81.3M
+$1.18M (+1.5%) vs. Q4 2024
New holders
4
22 more added
Sold out
9
12 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 holdersQ1 2025: 48 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 heldQ1 2025: $81.3M
Q1 2021: $7.59MQ2 2021: $12.6MQ3 2021: $18.4MQ4 2021: $21.8MQ1 2022: $29.4MQ2 2022: $34.8MQ3 2022: $39.0MQ4 2022: $52.4MQ1 2023: $53.4MQ2 2023: $65.5MQ3 2023: $55.5MQ4 2023: $65.4MQ1 2024: $70.5MQ2 2024: $74.0MQ3 2024: $73.3MQ4 2024: $80.4MQ1 2025: $81.3MQ2 2025: $81.0MQ3 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$81.0M
Q1 202548$81.3M
Q4 202454$80.4M
Q3 202441$73.3M
Q2 202447$74.0M
Q1 202442$70.5M
Q4 202344$65.4M
Q3 202333$55.5M
Q2 202330$65.5M
Q1 202328$53.4M
Q4 202237$52.4M
Q3 202230$39.0M
Q2 202227$34.8M
Q1 202226$29.4M
Q4 202119$21.8M
Q3 202112$18.4M
Q2 202114$12.6M
Q1 20217$7.59M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund II, Inc.; share changes are against Q4 2024.

Institutions holding RFMZ in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Stifel Financial Corp822,764$11.0M0.01%−5,612−0.7%Reduced
Rockefeller Capital Management L.P.818,059$11.0M0.03%+38,988+5.0%Added
UBS Group AG757,510$10.2M0.00%−36,444−4.6%Reduced
Wells Fargo & Company421,024$5.65M0.00%+31,108+8.0%Added
Thomas J. Herzfeld Advisors, Inc.302,810$4.06M1.38%+47,376+18.5%Added
Royal Bank of Canada296,332$3.98M0.00%+271+0.1%Added
Absolute Investment Advisers LLC295,952$3.97M0.58%−14,248−4.6%Reduced
Karpus Management, Inc.277,395$3.72M0.12%−9,000−3.1%Reduced
Morgan Stanley233,166$3.13M0.00%−17,605−7.0%Reduced
Pathstone Holdings, LLC217,128$2.94M0.01%+153,988+243.9%Added
Envestnet Asset Management Inc205,214$2.75M0.00%+41,833+25.6%Added
Oppenheimer & Co Inc153,159$2.06M0.03%+36,750+31.6%Added
Atlas Wealth LLC143,343$1.92M0.75%+82,010+133.7%Added
Robinson Capital Management, LLC116,002$1.56M0.63%+21,846+23.2%Added
Quarry LP115,149$1.55M0.40%−4,687−3.9%Reduced
Wedbush Securities Inc112,694$1.51M0.06%+274+0.2%Added
Riverbridge Partners LLC107,228$1.44M0.02%+10,440+10.8%Added
U.S. Capital Wealth Advisors, LLC65,610$880.5K0.03%+1,760+2.8%Added
National Asset Management, Inc.56,472$757.8K0.02%−19,436−25.6%Reduced
Private Advisor Group, LLC53,749$721.3K0.00%−3,407−6.0%Reduced
RSM US Wealth Management LLC51,825$695.5K0.01%+5,988+13.1%Added
Concurrent Investment Advisors, LLC38,520$516.9K0.01%+5,375+16.2%Added
CI Private Wealth, LLC36,399$488.5K0.00%−3,859−9.6%Reduced
Mathes Company, Inc.34,000$456.0K0.19%00.0%Unchanged
Truist Financial Corp30,866$414.2K0.00%+5,564+22.0%Added
Carnegie Capital Asset Management, LLC30,000$382.8K0.01%00.0%Unchanged
Advisor Group Holdings, Inc.25,084$336.6K0.00%+4,711+23.1%Added
PFG Investments, LLC22,795$305.9K0.02%+1,500+7.0%Added
HighTower Advisors, LLC21,486$288.3K0.00%−7,524−25.9%Reduced
Steel Peak Wealth Management LLC20,500$275.1K0.01%+2,000+10.8%Added
Wiley Bros.-Aintree Capital, LLC17,106$230.1K0.00%00.0%Unchanged
Raymond James Financial Inc16,963$227.6K0.00%+64+0.4%Added
Plancorp, LLC16,812$225.6K0.01%+16,812New
LPL Financial LLC16,182$217.2K0.00%+16,182New
Comerica Bank13,886$186.3K0.00%+55+0.4%Added
Caliber Wealth Management, LLC12,000$161.0K0.02%+12,000New
Janney Montgomery Scott LLC11,609$156.0K0.00%+66+0.6%Added
Susquehanna International Group, LLP11,489$154.2K0.00%−1,497−11.5%Reduced
Hilltop Holdings Inc.11,300$151.6K0.01%00.0%Unchanged
Wellspring Financial Advisors, LLC10,000$134.2K0.01%00.0%Unchanged
Mosaic Financial Group, LLC10,000$134.0K0.11%00.0%Unchanged
Noble Wealth Management PBC7,615$102.2K0.07%00.0%Unchanged
EverSource Wealth Advisors, LLC4,400$59.0K0.00%00.0%Unchanged
US Bancorp4,063$54.5K0.00%+63+1.6%Added
Wolverine Asset Management LLC3,676$49.3K0.00%−104,659−96.6%Reduced
The PNC Financial Services Group, Inc.2,500$33.5K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC1,100$14.8K0.00%+1,100New
Private Trust Co NA886$11.9K0.00%00.0%Unchanged
Independent Advisor Alliance0$00.00%−137,379−100.0%Sold out
Readystate Asset Management LP0$00.00%−22,987−100.0%Sold out
HRT Financial LP0$00.00%−20,047−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−13,855−100.0%Sold out
Nomura Holdings Inc0$00.00%−13,000−100.0%Sold out
GWM Advisors LLC0$00.00%−11,400−100.0%Sold out
Jane Street Group, LLC0$00.00%−11,182−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−866−100.0%Sold out
Bessemer Group Inc0$00.00%−752−100.0%Sold out
Fairhaven Wealth Management, LLC––––Not filed