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 | $81.0M |
| Q1 2025 | 48 | $81.3M |
| Q4 2024 | 54 | $80.4M |
| Q3 2024 | 41 | $73.3M |
| Q2 2024 | 47 | $74.0M |
| Q1 2024 | 42 | $70.5M |
| Q4 2023 | 44 | $65.4M |
| 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 | $34.8M |
| 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 |
|---|---|---|---|---|---|
| WPG Advisers, LLC | 97 | $1.23K | 0.00% | +97 | New |
| Pinnacle Wealth Planning Services, Inc. | 356 | $4.51K | 0.00% | +356 | New |
| Highline Wealth Partners LLC | 700 | $8.86K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 818 | $10.4K | 0.00% | +818 | New |
| Wolverine Asset Management LLC | 860 | $10.9K | 0.00% | +860 | New |
| Blue Bell Private Wealth Management, LLC | 879 | $11.1K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 886 | $11.2K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 1,000 | $12.7K | 0.00% | +168+20.2% | Added |
| US Bancorp | 4,063 | $51.4K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 4,250 | $53.8K | 0.00% | +4,250 | New |
| EverSource Wealth Advisors, LLC | 6,000 | $76.0K | 0.00% | 00.0% | Unchanged |
| Wellspring Financial Advisors, LLC | 10,000 | $126.6K | 0.01% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 10,350 | $131.0K | 0.00% | +10,350 | New |
| Advisor Group Holdings, Inc. | 11,487 | $145.4K | 0.00% | −4,150−26.5% | Reduced |
| National Asset Management, Inc. | 11,719 | $148.4K | 0.01% | −3,218−21.5% | Reduced |
| Caliber Wealth Management, LLC | 12,000 | $151.9K | 0.02% | 00.0% | Unchanged |
| Landscape Capital Management, L.L.C. | 12,063 | $152.7K | 0.01% | +12,063 | New |
| XML Financial, LLC | 13,000 | $164.6K | 0.01% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 13,460 | $170.4K | 0.00% | +13,460 | New |
| Comerica Bank | 13,901 | $176.0K | 0.00% | +15+0.1% | Added |
| Wiley Bros.-Aintree Capital, LLC | 14,106 | $178.6K | 0.00% | +3,000+27.0% | Added |
| Truist Financial Corp | 16,146 | $204.4K | 0.00% | −14,720−47.7% | Reduced |
| Financially in Tune, LLC | 17,210 | $217.9K | 0.20% | +17,210 | New |
| LPL Financial LLC | 17,632 | $223.2K | 0.00% | −2,000−10.2% | Reduced |
| Jane Street Group, LLC | 18,063 | $228.7K | 0.00% | +18,063 | New |
| Warren Averett Asset Management, LLC | 19,184 | $242.9K | 0.00% | +7,971+71.1% | Added |
| Rivernorth Capital Management, LLC | 19,923 | $252.2K | 0.01% | +19,923 | New |
| PFG Investments, LLC | 22,216 | $281.3K | 0.01% | −9,787−30.6% | Reduced |
| HighTower Advisors, LLC | 22,764 | $288.2K | 0.00% | +2,841+14.3% | Added |
| Concurrent Investment Advisors, LLC | 22,950 | $290.5K | 0.00% | −22,545−49.6% | Reduced |
| Readystate Asset Management LP | 27,219 | $344.6K | 0.02% | +15,541+133.1% | Added |
| River Street Advisors LLC | 28,566 | $361.6K | 0.14% | 00.0% | Unchanged |
| Carnegie Capital Asset Management, LLC | 30,000 | $379.8K | 0.01% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 31,496 | $400.8K | 0.01% | +2,954+10.3% | Added |
| Mathes Company, Inc. | 34,000 | $430.0K | 0.15% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 39,700 | $502.6K | 0.25% | 00.0% | Unchanged |
| Raymond James Financial Inc | 41,452 | $524.8K | 0.00% | +6,891+19.9% | Added |
| Citadel Advisors LLC | 42,429 | $537.2K | 0.00% | +42,429 | New |
| Private Advisor Group, LLC | 43,625 | $552.3K | 0.00% | −2,949−6.3% | Reduced |
| Matisse Capital | 49,190 | $622.7K | 0.28% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 55,556 | $703.3K | 0.02% | −11,037−16.6% | Reduced |
| IFC Advisors LLC | 66,269 | $839.0K | 0.12% | +35,522+115.5% | Added |
| Logan Stone Capital, LLC | 67,255 | $851.4K | 0.21% | +67,255 | New |
| GWM Advisors LLC | 75,434 | $955.0K | 0.00% | +55,534+279.1% | Added |
| Wedbush Securities Inc | 86,943 | $1.10M | 0.03% | −1,745−2.0% | Reduced |
| Closed-End Fund Advisors, Inc. | 122,653 | $1.55M | 0.92% | +122,653 | New |
| Gateway Wealth Partners, LLC | 159,865 | $2.02M | 0.23% | +13,582+9.3% | Added |
| Oppenheimer & Co Inc | 175,246 | $2.22M | 0.03% | −18,836−9.7% | Reduced |
| Envestnet Asset Management Inc | 207,219 | $2.62M | 0.00% | +27,732+15.5% | Added |
| Riverbridge Partners LLC | 209,211 | $2.65M | 0.05% | +95,245+83.6% | Added |
| Stifel Financial Corp | 263,515 | $3.34M | 0.00% | −304,336−53.6% | Reduced |
| Karpus Management, Inc. | 263,585 | $3.34M | 0.10% | −8,500−3.1% | Reduced |
| Atlas Wealth LLC | 314,990 | $3.99M | 1.21% | +47,684+17.8% | Added |
| Thomas J. Herzfeld Advisors, Inc. | 319,486 | $4.04M | 1.37% | +18,973+6.3% | Added |
| Royal Bank of Canada | 337,482 | $4.27M | 0.00% | +43,452+14.8% | Added |
| Pathstone Holdings, LLC | 346,620 | $4.39M | 0.02% | −48,758−12.3% | Reduced |
| Wells Fargo & Company | 388,454 | $4.92M | 0.00% | −29,507−7.1% | Reduced |
| Robinson Capital Management, LLC | 443,415 | $5.61M | 2.35% | +274,038+161.8% | Added |
| Morgan Stanley | 583,430 | $7.39M | 0.00% | +325,924+126.6% | Added |
| Saba Capital Management, L.P. | 605,495 | $7.67M | 0.26% | +584,418+2,772.8% | Added |
| UBS Group AG | 620,778 | $7.86M | 0.00% | −71,198−10.3% | Reduced |
| Rockefeller Capital Management L.P. | 793,031 | $10.0M | 0.02% | −55,103−6.5% | Reduced |
| 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 |