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, Q1 2026
Institutional positions in RiverNorth Flexible Municipal Income Fund II, Inc. as of Mar 31, 2026. 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
- 58
- −2 vs. Q4 2025
- Shares held
- 7.75M
- +571.7K (+8.0%) vs. Q4 2025
- Total value
- $98.7M
- +$7.81M (+8.6%) vs. Q4 2025
- New holders
- 6
- 21 more added
- Sold out
- 8
- 15 more reduced
2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding RiverNorth Flexible Municipal Income Fund II, Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Rockefeller Capital Management L.P. | 811,452 | $10.3M | 0.02% | +18,421+2.3% | Added |
| Morgan Stanley | 697,544 | $8.82M | 0.00% | +114,114+19.6% | Added |
| Robinson Capital Management, LLC | 643,727 | $8.38M | 3.75% | +200,312+45.2% | Added |
| UBS Group AG | 603,549 | $7.63M | 0.00% | −17,229−2.8% | Reduced |
| Pathstone Holdings, LLC | 546,079 | $6.91M | 0.03% | +199,459+57.5% | Added |
| Wells Fargo & Company | 390,558 | $4.94M | 0.00% | +2,104+0.5% | Added |
| Royal Bank of Canada | 355,042 | $4.49M | 0.00% | +17,560+5.2% | Added |
| Gateway Wealth Partners, LLC | 351,058 | $4.44M | 0.17% | +191,193+119.6% | Added |
| Atlas Wealth LLC | 336,953 | $4.26M | 1.28% | +21,963+7.0% | Added |
| Saba Capital Management, L.P. | 288,116 | $3.64M | 0.12% | −317,379−52.4% | Reduced |
| Karpus Management, Inc. | 263,185 | $3.33M | 0.10% | −400−0.2% | Reduced |
| Stifel Financial Corp | 233,606 | $2.96M | 0.00% | −29,909−11.4% | Reduced |
| Thomas J. Herzfeld Advisors, Inc. | 229,634 | $2.90M | 0.99% | −89,852−28.1% | Reduced |
| Riverbridge Partners LLC | 225,057 | $2.85M | 0.07% | +15,846+7.6% | Added |
| Oppenheimer & Co Inc | 186,957 | $2.37M | 0.03% | +11,711+6.7% | Added |
| Professional Financial Management, Inc. | 183,933 | $2.33M | 2.42% | +183,933 | New |
| Envestnet Asset Management Inc | 174,297 | $2.20M | 0.00% | −32,922−15.9% | Reduced |
| Closed-End Fund Advisors, Inc. | 141,623 | $1.79M | 1.82% | +18,970+15.5% | Added |
| Guggenheim Capital LLC | 114,512 | $1.45M | 0.01% | +114,512 | New |
| GWM Advisors LLC | 101,029 | $1.28M | 0.00% | +25,595+33.9% | Added |
| Wedbush Securities Inc | 78,646 | $995.0K | 0.03% | −8,297−9.5% | Reduced |
| Logan Stone Capital, LLC | 67,255 | $850.8K | 0.24% | 00.0% | Unchanged |
| Rivernorth Capital Management, LLC | 66,008 | $835.0K | 0.04% | +46,085+231.3% | Added |
| Noble Wealth Management PBC | 58,118 | $735.2K | 0.38% | +18,418+46.4% | Added |
| Raymond James Financial Inc | 54,272 | $686.5K | 0.00% | +12,820+30.9% | Added |
| Matisse Capital | 49,190 | $622.3K | 0.27% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 44,475 | $562.6K | 0.01% | +21,525+93.8% | Added |
| Private Advisor Group, LLC | 43,726 | $553.1K | 0.00% | +101+0.2% | Added |
| Mathes Company, Inc. | 34,000 | $430.0K | 0.16% | 00.0% | Unchanged |
| Citadel Advisors LLC | 33,807 | $427.7K | 0.00% | −8,622−20.3% | Reduced |
| PW Nova Financial Services LLC | – | $412.6K | 0.10% | – | New |
| IFC Advisors LLC | 30,000 | $379.5K | 0.05% | −36,269−54.7% | Reduced |
| Carnegie Capital Asset Management, LLC | 30,000 | $379.5K | 0.01% | 00.0% | Unchanged |
| River Street Advisors LLC | 28,566 | $361.4K | 0.12% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 26,897 | $340.2K | 0.00% | −4,599−14.6% | Reduced |
| Arlington Capital Management, Inc. | 22,069 | $279.2K | 0.16% | +22,069 | New |
| Warren Averett Asset Management, LLC | 20,506 | $259.4K | 0.00% | +1,322+6.9% | Added |
| LPL Financial LLC | 17,632 | $223.0K | 0.00% | 00.0% | Unchanged |
| Financially in Tune, LLC | 17,210 | $217.7K | 0.19% | 00.0% | Unchanged |
| Truist Financial Corp | 16,146 | $204.2K | 0.00% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 15,409 | $194.9K | 0.00% | −7,355−32.3% | Reduced |
| Fifth Third Bancorp | 14,898 | $188.5K | 0.00% | +14,898 | New |
| Advisor Group Holdings, Inc. | 13,393 | $169.4K | 0.00% | +1,906+16.6% | Added |
| XML Financial, LLC | 13,000 | $164.4K | 0.01% | 00.0% | Unchanged |
| PFG Investments, LLC | 12,724 | $161.0K | 0.01% | −9,492−42.7% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 12,471 | $157.8K | 0.00% | −43,085−77.6% | Reduced |
| Caliber Wealth Management, LLC | 12,000 | $151.8K | 0.02% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 11,106 | $140.5K | 0.00% | −3,000−21.3% | Reduced |
| Wellspring Financial Advisors, LLC | 10,000 | $126.5K | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 6,000 | $75.9K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 4,063 | $51.4K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 3,204 | $40.5K | 0.00% | −1,046−24.6% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 963 | $12.2K | 0.00% | +607+170.5% | 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 |
| Highline Wealth Partners LLC | 700 | $8.86K | 0.00% | 00.0% | Unchanged |
| BlackRock, Inc. | 287 | $3.63K | 0.00% | +287 | New |
| WPG Advisers, LLC | 266 | $3.37K | 0.00% | +169+174.2% | Added |
| Readystate Asset Management LP | 0 | $0 | 0.00% | −27,219−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −18,063−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −13,460−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −12,063−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −11,719−100.0% | Sold out |
| Janney Montgomery Scott LLC | 0 | $0 | 0.00% | −10,350−100.0% | Sold out |
| Bank of America Corp | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −860−100.0% | Sold out |
| Comerica Bank | – | – | – | – | Not filed |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |