HGC Investment Management’s RF Acquisition Corp II Unit RFAIU Stock Holding History

HGC Investment Management’s Portfolio RFAIU Stock Details RFAIU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-200,000	Closed	-$2.14M	–	167
2025 Q3	$2.14M	Hold	200,000	–	–	0.52%	58
2025 Q2	$2.12M	Hold	200,000	–	–	0.59%	51
2025 Q1	$2.07M	Hold	200,000	–	–	0.74%	29
2024 Q4	$2.07M	Hold	200,000	–	–	0.89%	22
2024 Q3	$2.08M	Hold	200,000	–	–	0.86%	27
2024 Q2	$2.01M	Buy	+200,000	New	+$2.01M	0.93%	26

Other funds holding RFAIU

Clear Street New York $24.6B AUM 56.26% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

HGC Investment Management's RFAIU Position: Q4 2025 in Review

HGC Investment Management sold out of RF Acquisition Corp II Unit (RFAIU) in Q4 2025, closing a stake of 200,000 shares — an estimated $2.14M sold.

HGC Investment Management first reported a position in RFAIU in Q2 2024 and held it in 6 quarters. The position peaked at $2.14M in Q3 2025. 2 funds tracked by Wall St. Rank hold RFAIU as of Q4 2025.

HGC Investment Management reported no remaining RF Acquisition Corp II Unit position as of Q4 2025 after selling out during the quarter.
HGC Investment Management sold 200,000 RF Acquisition Corp II Unit shares in Q4 2025, an estimated $2.14M.
HGC Investment Management first reported a position in RF Acquisition Corp II Unit in Q2 2024 and held it in 6 quarters.
HGC Investment Management's RF Acquisition Corp II Unit position peaked at $2.14M in Q3 2025.
2 funds tracked by Wall St. Rank held RF Acquisition Corp II Unit as of Q4 2025.

Based on HGC Investment Management's 13F filing for Q4 2025, filed 17 Feb 2026.