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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, 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.

Institutional holdersQ3 2025: 55 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 heldQ3 2025: $83.0M
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, 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.

Institutions holding RFMZ in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Highline Wealth Partners LLC700$9.13K0.00%+700New
Bank of America Corp832$10.9K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC879$11.5K0.00%00.0%Unchanged
Private Trust Co NA886$11.6K0.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.1,000$13.1K0.00%00.0%Unchanged
Advisory Services Network, LLC1,800$23.5K0.00%+1,800New
US Bancorp4,063$53.0K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC6,000$78.3K0.00%+1,000+20.0%Added
Wellspring Financial Advisors, LLC10,000$130.5K0.01%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC11,106$144.9K0.00%−5,000−31.0%Reduced
Warren Averett Asset Management, LLC11,213$146.3K0.00%+124+1.1%Added
Readystate Asset Management LP11,678$152.4K0.01%+11,678New
Caliber Wealth Management, LLC12,000$156.6K0.02%00.0%Unchanged
XML Financial, LLC13,000$169.7K0.01%+13,000New
Comerica Bank13,886$181.2K0.00%00.0%Unchanged
National Asset Management, Inc.14,937$194.9K0.01%+3,454+30.1%Added
Advisor Group Holdings, Inc.15,637$204.0K0.00%−1,517−8.8%Reduced
CI Private Wealth, LLC16,144$210.7K0.00%−19,445−54.6%Reduced
Plancorp, LLC16,812$219.4K0.01%00.0%Unchanged
LPL Financial LLC19,632$256.2K0.00%+500+2.6%Added
GWM Advisors LLC19,900$259.7K0.00%+19,900New
HighTower Advisors, LLC19,923$260.0K0.00%−859−4.1%Reduced
Saba Capital Management, L.P.21,077$275.1K0.01%+21,077New
Steel Peak Wealth Management LLC23,000$300.1K0.01%+800+3.6%Added
RSM US Wealth Management LLC28,542$372.5K0.00%−122−0.4%Reduced
River Street Advisors LLC28,566$372.8K0.14%00.0%Unchanged
Carnegie Capital Asset Management, LLC30,000$391.5K0.01%00.0%Unchanged
IFC Advisors LLC30,747$401.2K0.07%−13,733−30.9%Reduced
Truist Financial Corp30,866$402.8K0.00%00.0%Unchanged
PFG Investments, LLC32,003$417.6K0.02%+7,708+31.7%Added
Mathes Company, Inc.34,000$444.0K0.16%00.0%Unchanged
Raymond James Financial Inc34,561$451.0K0.00%+15,000+76.7%Added
Noble Wealth Management PBC39,700$518.1K0.28%+39,700New
Concurrent Investment Advisors, LLC45,495$593.7K0.01%+3,275+7.8%Added
Private Advisor Group, LLC46,574$607.8K0.00%−2,122−4.4%Reduced
Matisse Capital49,190$641.9K0.29%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC66,593$869.0K0.02%+10,000+17.7%Added
Wedbush Securities Inc88,688$1.16M0.04%+351+0.4%Added
Quarry LP109,961$1.43M0.35%−19,588−15.1%Reduced
Riverbridge Partners LLC113,966$1.49M0.03%+2,645+2.4%Added
Gateway Wealth Partners, LLC146,283$1.91M0.26%+146,283New
Robinson Capital Management, LLC169,377$2.21M1.59%−108,802−39.1%Reduced
Envestnet Asset Management Inc179,487$2.34M0.00%+10,778+6.4%Added
Oppenheimer & Co Inc194,082$2.53M0.03%+26,448+15.8%Added
Morgan Stanley257,506$3.36M0.00%+28,705+12.5%Added
Atlas Wealth LLC267,306$3.49M1.13%+26,209+10.9%Added
Karpus Management, Inc.272,085$3.55M0.11%−6,241−2.2%Reduced
Absolute Investment Advisers LLC280,742$3.66M0.46%−55,710−16.6%Reduced
Royal Bank of Canada294,030$3.84M0.00%+9,929+3.5%Added
Thomas J. Herzfeld Advisors, Inc.300,513$3.92M1.34%−2,556−0.8%Reduced
Pathstone Holdings, LLC395,378$5.16M0.02%+61,403+18.4%Added
Wells Fargo & Company417,961$5.45M0.00%+31,645+8.2%Added
Stifel Financial Corp567,851$7.41M0.01%−149,283−20.8%Reduced
UBS Group AG691,976$9.03M0.00%−95,504−12.1%Reduced
Rockefeller Capital Management L.P.848,134$11.1M0.02%+7,406+0.9%Added
Wolverine Asset Management LLC0$00.00%−24,565−100.0%Sold out
HRT Financial LP0$00.00%−15,441−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−12,944−100.0%Sold out
Hilltop Holdings Inc.0$00.00%−12,300−100.0%Sold out
The PNC Financial Services Group, Inc.0$00.00%−2,500−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−750−100.0%Sold out