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 |
|---|---|---|---|---|---|
| WPG Advisers, LLC | 266 | $3.37K | 0.00% | +169+174.2% | Added |
| BlackRock, Inc. | 287 | $3.63K | 0.00% | +287 | New |
| Highline Wealth Partners LLC | 700 | $8.86K | 0.00% | 00.0% | Unchanged |
| 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 |
| Pinnacle Wealth Planning Services, Inc. | 963 | $12.2K | 0.00% | +607+170.5% | Added |
| Northwestern Mutual Wealth Management Co | 3,204 | $40.5K | 0.00% | −1,046−24.6% | Reduced |
| US Bancorp | 4,063 | $51.4K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 6,000 | $75.9K | 0.00% | 00.0% | Unchanged |
| Wellspring Financial Advisors, LLC | 10,000 | $126.5K | 0.01% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 11,106 | $140.5K | 0.00% | −3,000−21.3% | Reduced |
| Caliber Wealth Management, LLC | 12,000 | $151.8K | 0.02% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 12,471 | $157.8K | 0.00% | −43,085−77.6% | Reduced |
| PFG Investments, LLC | 12,724 | $161.0K | 0.01% | −9,492−42.7% | Reduced |
| XML Financial, LLC | 13,000 | $164.4K | 0.01% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 13,393 | $169.4K | 0.00% | +1,906+16.6% | Added |
| Fifth Third Bancorp | 14,898 | $188.5K | 0.00% | +14,898 | New |
| HighTower Advisors, LLC | 15,409 | $194.9K | 0.00% | −7,355−32.3% | Reduced |
| Truist Financial Corp | 16,146 | $204.2K | 0.00% | 00.0% | Unchanged |
| Financially in Tune, LLC | 17,210 | $217.7K | 0.19% | 00.0% | Unchanged |
| LPL Financial LLC | 17,632 | $223.0K | 0.00% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 20,506 | $259.4K | 0.00% | +1,322+6.9% | Added |
| Arlington Capital Management, Inc. | 22,069 | $279.2K | 0.16% | +22,069 | New |
| RSM US Wealth Management LLC | 26,897 | $340.2K | 0.00% | −4,599−14.6% | Reduced |
| River Street Advisors LLC | 28,566 | $361.4K | 0.12% | 00.0% | Unchanged |
| 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 |
| PW Nova Financial Services LLC | – | $412.6K | 0.10% | – | New |
| Citadel Advisors LLC | 33,807 | $427.7K | 0.00% | −8,622−20.3% | Reduced |
| Mathes Company, Inc. | 34,000 | $430.0K | 0.16% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 43,726 | $553.1K | 0.00% | +101+0.2% | Added |
| Concurrent Investment Advisors, LLC | 44,475 | $562.6K | 0.01% | +21,525+93.8% | Added |
| Matisse Capital | 49,190 | $622.3K | 0.27% | 00.0% | Unchanged |
| Raymond James Financial Inc | 54,272 | $686.5K | 0.00% | +12,820+30.9% | Added |
| Noble Wealth Management PBC | 58,118 | $735.2K | 0.38% | +18,418+46.4% | Added |
| Rivernorth Capital Management, LLC | 66,008 | $835.0K | 0.04% | +46,085+231.3% | Added |
| Logan Stone Capital, LLC | 67,255 | $850.8K | 0.24% | 00.0% | Unchanged |
| Wedbush Securities Inc | 78,646 | $995.0K | 0.03% | −8,297−9.5% | Reduced |
| GWM Advisors LLC | 101,029 | $1.28M | 0.00% | +25,595+33.9% | Added |
| Guggenheim Capital LLC | 114,512 | $1.45M | 0.01% | +114,512 | New |
| Closed-End Fund Advisors, Inc. | 141,623 | $1.79M | 1.82% | +18,970+15.5% | Added |
| Envestnet Asset Management Inc | 174,297 | $2.20M | 0.00% | −32,922−15.9% | Reduced |
| Professional Financial Management, Inc. | 183,933 | $2.33M | 2.42% | +183,933 | New |
| Oppenheimer & Co Inc | 186,957 | $2.37M | 0.03% | +11,711+6.7% | Added |
| Riverbridge Partners LLC | 225,057 | $2.85M | 0.07% | +15,846+7.6% | Added |
| Thomas J. Herzfeld Advisors, Inc. | 229,634 | $2.90M | 0.99% | −89,852−28.1% | Reduced |
| Stifel Financial Corp | 233,606 | $2.96M | 0.00% | −29,909−11.4% | Reduced |
| Karpus Management, Inc. | 263,185 | $3.33M | 0.10% | −400−0.2% | Reduced |
| Saba Capital Management, L.P. | 288,116 | $3.64M | 0.12% | −317,379−52.4% | Reduced |
| Atlas Wealth LLC | 336,953 | $4.26M | 1.28% | +21,963+7.0% | Added |
| Gateway Wealth Partners, LLC | 351,058 | $4.44M | 0.17% | +191,193+119.6% | Added |
| Royal Bank of Canada | 355,042 | $4.49M | 0.00% | +17,560+5.2% | Added |
| Wells Fargo & Company | 390,558 | $4.94M | 0.00% | +2,104+0.5% | Added |
| Pathstone Holdings, LLC | 546,079 | $6.91M | 0.03% | +199,459+57.5% | Added |
| UBS Group AG | 603,549 | $7.63M | 0.00% | −17,229−2.8% | Reduced |
| Robinson Capital Management, LLC | 643,727 | $8.38M | 3.75% | +200,312+45.2% | Added |
| Morgan Stanley | 697,544 | $8.82M | 0.00% | +114,114+19.6% | Added |
| Rockefeller Capital Management L.P. | 811,452 | $10.3M | 0.02% | +18,421+2.3% | 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 |