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, Q4 2025
Institutional positions in RiverNorth Flexible Municipal Income Fund II, Inc. as of Dec 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
- 62
- +7 vs. Q3 2025
- Shares held
- 7.19M
- +833.4K (+13.1%) vs. Q3 2025
- Total value
- $91.0M
- +$8.07M (+9.7%) vs. Q3 2025
- New holders
- 14
- 19 more added
- Sold out
- 7
- 16 more reduced
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund II, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Rockefeller Capital Management L.P. | 793,031 | $10.0M | 0.02% | −55,103−6.5% | Reduced |
| UBS Group AG | 620,778 | $7.86M | 0.00% | −71,198−10.3% | Reduced |
| Saba Capital Management, L.P. | 605,495 | $7.67M | 0.26% | +584,418+2,772.8% | Added |
| Morgan Stanley | 583,430 | $7.39M | 0.00% | +325,924+126.6% | Added |
| Robinson Capital Management, LLC | 443,415 | $5.61M | 2.35% | +274,038+161.8% | Added |
| Wells Fargo & Company | 388,454 | $4.92M | 0.00% | −29,507−7.1% | Reduced |
| Pathstone Holdings, LLC | 346,620 | $4.39M | 0.02% | −48,758−12.3% | Reduced |
| Royal Bank of Canada | 337,482 | $4.27M | 0.00% | +43,452+14.8% | Added |
| Thomas J. Herzfeld Advisors, Inc. | 319,486 | $4.04M | 1.37% | +18,973+6.3% | Added |
| Atlas Wealth LLC | 314,990 | $3.99M | 1.21% | +47,684+17.8% | Added |
| Karpus Management, Inc. | 263,585 | $3.34M | 0.10% | −8,500−3.1% | Reduced |
| Stifel Financial Corp | 263,515 | $3.34M | 0.00% | −304,336−53.6% | Reduced |
| Riverbridge Partners LLC | 209,211 | $2.65M | 0.05% | +95,245+83.6% | Added |
| Envestnet Asset Management Inc | 207,219 | $2.62M | 0.00% | +27,732+15.5% | Added |
| Oppenheimer & Co Inc | 175,246 | $2.22M | 0.03% | −18,836−9.7% | Reduced |
| Gateway Wealth Partners, LLC | 159,865 | $2.02M | 0.23% | +13,582+9.3% | Added |
| Closed-End Fund Advisors, Inc. | 122,653 | $1.55M | 0.92% | +122,653 | New |
| Wedbush Securities Inc | 86,943 | $1.10M | 0.03% | −1,745−2.0% | Reduced |
| GWM Advisors LLC | 75,434 | $955.0K | 0.00% | +55,534+279.1% | Added |
| Logan Stone Capital, LLC | 67,255 | $851.4K | 0.21% | +67,255 | New |
| IFC Advisors LLC | 66,269 | $839.0K | 0.12% | +35,522+115.5% | Added |
| U.S. Capital Wealth Advisors, LLC | 55,556 | $703.3K | 0.02% | −11,037−16.6% | Reduced |
| Matisse Capital | 49,190 | $622.7K | 0.28% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 43,625 | $552.3K | 0.00% | −2,949−6.3% | Reduced |
| Citadel Advisors LLC | 42,429 | $537.2K | 0.00% | +42,429 | New |
| Raymond James Financial Inc | 41,452 | $524.8K | 0.00% | +6,891+19.9% | Added |
| Noble Wealth Management PBC | 39,700 | $502.6K | 0.25% | 00.0% | Unchanged |
| Mathes Company, Inc. | 34,000 | $430.0K | 0.15% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 31,496 | $400.8K | 0.01% | +2,954+10.3% | Added |
| Carnegie Capital Asset Management, LLC | 30,000 | $379.8K | 0.01% | 00.0% | Unchanged |
| River Street Advisors LLC | 28,566 | $361.6K | 0.14% | 00.0% | Unchanged |
| Readystate Asset Management LP | 27,219 | $344.6K | 0.02% | +15,541+133.1% | Added |
| Concurrent Investment Advisors, LLC | 22,950 | $290.5K | 0.00% | −22,545−49.6% | Reduced |
| HighTower Advisors, LLC | 22,764 | $288.2K | 0.00% | +2,841+14.3% | Added |
| PFG Investments, LLC | 22,216 | $281.3K | 0.01% | −9,787−30.6% | Reduced |
| Rivernorth Capital Management, LLC | 19,923 | $252.2K | 0.01% | +19,923 | New |
| Warren Averett Asset Management, LLC | 19,184 | $242.9K | 0.00% | +7,971+71.1% | Added |
| Jane Street Group, LLC | 18,063 | $228.7K | 0.00% | +18,063 | New |
| LPL Financial LLC | 17,632 | $223.2K | 0.00% | −2,000−10.2% | Reduced |
| Financially in Tune, LLC | 17,210 | $217.9K | 0.20% | +17,210 | New |
| Truist Financial Corp | 16,146 | $204.4K | 0.00% | −14,720−47.7% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 14,106 | $178.6K | 0.00% | +3,000+27.0% | Added |
| Comerica Bank | 13,901 | $176.0K | 0.00% | +15+0.1% | Added |
| Susquehanna International Group, LLP | 13,460 | $170.4K | 0.00% | +13,460 | New |
| XML Financial, LLC | 13,000 | $164.6K | 0.01% | 00.0% | Unchanged |
| Landscape Capital Management, L.L.C. | 12,063 | $152.7K | 0.01% | +12,063 | New |
| Caliber Wealth Management, LLC | 12,000 | $151.9K | 0.02% | 00.0% | Unchanged |
| National Asset Management, Inc. | 11,719 | $148.4K | 0.01% | −3,218−21.5% | Reduced |
| Advisor Group Holdings, Inc. | 11,487 | $145.4K | 0.00% | −4,150−26.5% | Reduced |
| Janney Montgomery Scott LLC | 10,350 | $131.0K | 0.00% | +10,350 | New |
| Wellspring Financial Advisors, LLC | 10,000 | $126.6K | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 6,000 | $76.0K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 4,250 | $53.8K | 0.00% | +4,250 | New |
| US Bancorp | 4,063 | $51.4K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 1,000 | $12.7K | 0.00% | +168+20.2% | Added |
| Private Trust Co NA | 886 | $11.2K | 0.00% | 00.0% | Unchanged |
| Blue Bell Private Wealth Management, LLC | 879 | $11.1K | 0.00% | 00.0% | Unchanged |
| Wolverine Asset Management LLC | 860 | $10.9K | 0.00% | +860 | New |
| Global Retirement Partners, LLC | 818 | $10.4K | 0.00% | +818 | New |
| Highline Wealth Partners LLC | 700 | $8.86K | 0.00% | 00.0% | Unchanged |
| Pinnacle Wealth Planning Services, Inc. | 356 | $4.51K | 0.00% | +356 | New |
| WPG Advisers, LLC | 97 | $1.23K | 0.00% | +97 | New |
| Absolute Investment Advisers LLC | 0 | $0 | 0.00% | −280,742−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −109,961−100.0% | Sold out |
| Steel Peak Wealth Management LLC | 0 | $0 | 0.00% | −23,000−100.0% | Sold out |
| Plancorp, LLC | 0 | $0 | 0.00% | −16,812−100.0% | Sold out |
| CI Private Wealth, LLC | 0 | $0 | 0.00% | −16,144−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −1,800−100.0% | Sold out |
| Newbridge Financial Services Group, Inc. | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |