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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 2025

Institutional positions in RiverNorth Flexible Municipal Income Fund II, Inc. as of Jun 30, 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
53
+6 vs. Q1 2025
Shares held
7.53M
+1.48M (+24.6%) vs. Q1 2025
Total value
$95.2M
+$14.0M (+17.3%) vs. Q1 2025
New holders
8
21 more added
Sold out
2
14 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 2025: 53 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 2025: $95.2M
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 2025

Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund II, Inc.; share changes are against Q1 2025.

Institutions holding RFMZ in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Rockefeller Capital Management L.P.1,681,456$21.3M0.02%+863,397+105.5%Added
UBS Group AG787,480$9.95M0.00%+29,970+4.0%Added
Stifel Financial Corp717,134$9.06M0.01%−105,630−12.8%Reduced
Royal Bank of Canada568,202$7.18M0.00%+271,870+91.7%Added
Wells Fargo & Company386,316$4.88M0.00%−34,708−8.2%Reduced
Absolute Investment Advisers LLC336,452$4.25M0.53%+40,500+13.7%Added
Pathstone Holdings, LLC333,975$4.22M0.02%+116,847+53.8%Added
Thomas J. Herzfeld Advisors, Inc.303,069$3.83M1.37%+259+0.1%Added
Karpus Management, Inc.278,326$3.52M0.11%+931+0.3%Added
Robinson Capital Management, LLC278,179$3.52M1.47%+162,177+139.8%Added
Atlas Wealth LLC241,097$3.06M1.12%+97,754+68.2%Added
Morgan Stanley228,801$2.89M0.00%−4,365−1.9%Reduced
Envestnet Asset Management Inc168,709$2.13M0.00%−36,505−17.8%Reduced
Oppenheimer & Co Inc167,634$2.12M0.03%+14,475+9.5%Added
Quarry LP129,549$1.64M0.38%+14,400+12.5%Added
Riverbridge Partners LLC111,321$1.41M0.02%+4,093+3.8%Added
Wedbush Securities Inc88,337$1.12M0.04%−24,357−21.6%Reduced
U.S. Capital Wealth Advisors, LLC56,593$715.3K0.02%−9,017−13.7%Reduced
Matisse Capital49,190$621.8K0.29%+49,190New
Private Advisor Group, LLC48,696$615.5K0.00%−5,053−9.4%Reduced
IFC Advisors LLC44,480$562.2K0.11%+44,480New
Concurrent Investment Advisors, LLC42,220$533.7K0.01%+3,700+9.6%Added
CI Private Wealth, LLC35,589$449.8K0.00%−810−2.2%Reduced
Mathes Company, Inc.34,000$430.0K0.16%00.0%Unchanged
Truist Financial Corp30,866$390.1K0.00%00.0%Unchanged
Carnegie Capital Asset Management, LLC30,000$379.2K0.01%00.0%Unchanged
RSM US Wealth Management LLC28,664$362.3K0.01%−23,161−44.7%Reduced
River Street Advisors LLC28,566$361.1K0.16%+28,566New
Wolverine Asset Management LLC24,565$310.5K0.01%+20,889+568.3%Added
PFG Investments, LLC24,295$307.1K0.02%+1,500+6.6%Added
Steel Peak Wealth Management LLC22,200$280.6K0.01%+1,700+8.3%Added
HighTower Advisors, LLC20,782$262.7K0.00%−704−3.3%Reduced
Raymond James Financial Inc19,561$247.3K0.00%+2,598+15.3%Added
LPL Financial LLC19,132$241.8K0.00%+2,950+18.2%Added
Advisor Group Holdings, Inc.17,154$216.8K0.00%−7,930−31.6%Reduced
Plancorp, LLC16,812$212.5K0.01%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC16,106$203.6K0.00%−1,000−5.8%Reduced
HRT Financial LP15,441$195.0K0.00%+15,441New
Comerica Bank13,886$175.5K0.00%00.0%Unchanged
Susquehanna International Group, LLP12,944$163.6K0.00%+1,455+12.7%Added
Hilltop Holdings Inc.12,300$155.5K0.01%+1,000+8.8%Added
Caliber Wealth Management, LLC12,000$151.7K0.02%00.0%Unchanged
National Asset Management, Inc.11,483$145.1K0.01%−44,989−79.7%Reduced
Warren Averett Asset Management, LLC11,089$140.2K0.00%+11,089New
Wellspring Financial Advisors, LLC10,000$126.4K0.01%00.0%Unchanged
EverSource Wealth Advisors, LLC5,000$63.2K0.00%+600+13.6%Added
US Bancorp4,063$51.4K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.2,500$31.6K0.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.1,000$12.6K0.00%+1,000New
Private Trust Co NA886$11.2K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC879$11.1K0.00%−221−20.1%Reduced
Bank of America Corp832$10.5K0.00%+832New
Northwestern Mutual Wealth Management Co750$9.48K0.00%+750New
Janney Montgomery Scott LLC0$00.00%−11,609−100.0%Sold out
Mosaic Financial Group, LLC0$00.00%−10,000−100.0%Sold out
Noble Wealth Management PBC––––Not filed