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, Q3 2025
Institutional positions in RiverNorth Flexible Municipal Income Fund II, Inc. as of Sep 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
- 55
- +2 vs. Q2 2025
- Shares held
- 6.36M
- −47.5K (−0.7%) vs. Q2 2025
- Total value
- $83.0M
- +$2.00M (+2.5%) vs. Q2 2025
- New holders
- 8
- 19 more added
- Sold out
- 6
- 14 more reduced
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 57 | $107.9M |
| Q1 2026 | 58 | $98.7M |
| Q4 2025 | 62 | $91.0M |
| Q3 2025 | 55 | $83.0M |
| Q2 2025 | 53 | $95.2M |
| Q1 2025 | 48 | $81.3M |
| Q4 2024 | 54 | $80.4M |
| Q3 2024 | 41 | $73.3M |
| Q2 2024 | 47 | $74.3M |
| Q1 2024 | 42 | $80.2M |
| Q4 2023 | 44 | $69.9M |
| Q3 2023 | 33 | $55.5M |
| Q2 2023 | 30 | $65.5M |
| Q1 2023 | 28 | $53.4M |
| Q4 2022 | 37 | $52.4M |
| Q3 2022 | 30 | $39.0M |
| Q2 2022 | 27 | $139.7M |
| Q1 2022 | 26 | $29.4M |
| Q4 2021 | 19 | $21.8M |
| Q3 2021 | 12 | $18.4M |
| Q2 2021 | 14 | $12.6M |
| Q1 2021 | 7 | $7.59M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund II, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Rockefeller Capital Management L.P. | 848,134 | $11.1M | 0.02% | +7,406+0.9% | Added |
| UBS Group AG | 691,976 | $9.03M | 0.00% | −95,504−12.1% | Reduced |
| Stifel Financial Corp | 567,851 | $7.41M | 0.01% | −149,283−20.8% | Reduced |
| Wells Fargo & Company | 417,961 | $5.45M | 0.00% | +31,645+8.2% | Added |
| Pathstone Holdings, LLC | 395,378 | $5.16M | 0.02% | +61,403+18.4% | Added |
| Thomas J. Herzfeld Advisors, Inc. | 300,513 | $3.92M | 1.34% | −2,556−0.8% | Reduced |
| Royal Bank of Canada | 294,030 | $3.84M | 0.00% | +9,929+3.5% | Added |
| Absolute Investment Advisers LLC | 280,742 | $3.66M | 0.46% | −55,710−16.6% | Reduced |
| Karpus Management, Inc. | 272,085 | $3.55M | 0.11% | −6,241−2.2% | Reduced |
| Atlas Wealth LLC | 267,306 | $3.49M | 1.13% | +26,209+10.9% | Added |
| Morgan Stanley | 257,506 | $3.36M | 0.00% | +28,705+12.5% | Added |
| Oppenheimer & Co Inc | 194,082 | $2.53M | 0.03% | +26,448+15.8% | Added |
| Envestnet Asset Management Inc | 179,487 | $2.34M | 0.00% | +10,778+6.4% | Added |
| Robinson Capital Management, LLC | 169,377 | $2.21M | 1.59% | −108,802−39.1% | Reduced |
| Gateway Wealth Partners, LLC | 146,283 | $1.91M | 0.26% | +146,283 | New |
| Riverbridge Partners LLC | 113,966 | $1.49M | 0.03% | +2,645+2.4% | Added |
| Quarry LP | 109,961 | $1.43M | 0.35% | −19,588−15.1% | Reduced |
| Wedbush Securities Inc | 88,688 | $1.16M | 0.04% | +351+0.4% | Added |
| U.S. Capital Wealth Advisors, LLC | 66,593 | $869.0K | 0.02% | +10,000+17.7% | Added |
| Matisse Capital | 49,190 | $641.9K | 0.29% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 46,574 | $607.8K | 0.00% | −2,122−4.4% | Reduced |
| Concurrent Investment Advisors, LLC | 45,495 | $593.7K | 0.01% | +3,275+7.8% | Added |
| Noble Wealth Management PBC | 39,700 | $518.1K | 0.28% | +39,700 | New |
| Raymond James Financial Inc | 34,561 | $451.0K | 0.00% | +15,000+76.7% | Added |
| Mathes Company, Inc. | 34,000 | $444.0K | 0.16% | 00.0% | Unchanged |
| PFG Investments, LLC | 32,003 | $417.6K | 0.02% | +7,708+31.7% | Added |
| Truist Financial Corp | 30,866 | $402.8K | 0.00% | 00.0% | Unchanged |
| IFC Advisors LLC | 30,747 | $401.2K | 0.07% | −13,733−30.9% | Reduced |
| Carnegie Capital Asset Management, LLC | 30,000 | $391.5K | 0.01% | 00.0% | Unchanged |
| River Street Advisors LLC | 28,566 | $372.8K | 0.14% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 28,542 | $372.5K | 0.00% | −122−0.4% | Reduced |
| Steel Peak Wealth Management LLC | 23,000 | $300.1K | 0.01% | +800+3.6% | Added |
| Saba Capital Management, L.P. | 21,077 | $275.1K | 0.01% | +21,077 | New |
| HighTower Advisors, LLC | 19,923 | $260.0K | 0.00% | −859−4.1% | Reduced |
| GWM Advisors LLC | 19,900 | $259.7K | 0.00% | +19,900 | New |
| LPL Financial LLC | 19,632 | $256.2K | 0.00% | +500+2.6% | Added |
| Plancorp, LLC | 16,812 | $219.4K | 0.01% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 16,144 | $210.7K | 0.00% | −19,445−54.6% | Reduced |
| Advisor Group Holdings, Inc. | 15,637 | $204.0K | 0.00% | −1,517−8.8% | Reduced |
| National Asset Management, Inc. | 14,937 | $194.9K | 0.01% | +3,454+30.1% | Added |
| Comerica Bank | 13,886 | $181.2K | 0.00% | 00.0% | Unchanged |
| XML Financial, LLC | 13,000 | $169.7K | 0.01% | +13,000 | New |
| Caliber Wealth Management, LLC | 12,000 | $156.6K | 0.02% | 00.0% | Unchanged |
| Readystate Asset Management LP | 11,678 | $152.4K | 0.01% | +11,678 | New |
| Warren Averett Asset Management, LLC | 11,213 | $146.3K | 0.00% | +124+1.1% | Added |
| Wiley Bros.-Aintree Capital, LLC | 11,106 | $144.9K | 0.00% | −5,000−31.0% | Reduced |
| Wellspring Financial Advisors, LLC | 10,000 | $130.5K | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 6,000 | $78.3K | 0.00% | +1,000+20.0% | Added |
| US Bancorp | 4,063 | $53.0K | 0.00% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 1,800 | $23.5K | 0.00% | +1,800 | New |
| Newbridge Financial Services Group, Inc. | 1,000 | $13.1K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 886 | $11.6K | 0.00% | 00.0% | Unchanged |
| Blue Bell Private Wealth Management, LLC | 879 | $11.5K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 832 | $10.9K | 0.00% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 700 | $9.13K | 0.00% | +700 | New |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −24,565−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −15,441−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −12,944−100.0% | Sold out |
| Hilltop Holdings Inc. | 0 | $0 | 0.00% | −12,300−100.0% | Sold out |
| The PNC Financial Services Group, Inc. | 0 | $0 | 0.00% | −2,500−100.0% | Sold out |
| Northwestern Mutual Wealth Management Co | 0 | $0 | 0.00% | −750−100.0% | Sold out |