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RFAI

RF Acquisition Corp II
RFAI

15 hedge funds and large institutions have $48.5M invested in RF Acquisition Corp II in 2026 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

24.35% more ownership

Funds ownership: 28.93% → 53.28% (+24%)

4% more capital invested

Capital invested by funds: $46.6M → $48.5M (+$1.85M)

0% more funds holding

Funds holding: 15 → 15 (0)

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

Holders
15
Holders Change
–
Holders Change %
0%
% of All Funds
0.18%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
4
Reduced
6
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MSU
Mizuho Securities USA
New York
+$5.45M
2
WRBC
W.R. Berkley Corp
Connecticut
+$5.08M
3
LSC
Logan Stone Capital
Illinois
+$93.5K
4
CS
Clear Street
New York
+$50.7K

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$8.2M
2
GCL
Glazer Capital LLC
New York
-$1.12M
3
WAM
Wolverine Asset Management
Illinois
-$177K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$48.7K
5
AA
AQR Arbitrage
Connecticut
-$13.3K
Name Holding Trade Value Shares
Change 		Change in
Stake
KIM
1
Karpus Investment Management
New York
$17.9M -$8.2M -756,300 -32%
WRBC
2
W.R. Berkley Corp
Connecticut
$8.37M +$5.08M +468,547 +157%
MSU
3
Mizuho Securities USA
New York
$7.97M +$5.45M +503,017 +219%
FTCM
4
First Trust Capital Management
Illinois
$5.61M – – –
Deutsche Bank
5
Deutsche Bank
Germany
$2.65M – – –
AA
6
AQR Arbitrage
Connecticut
$1.85M -$13.3K -1,231 -0.7%
WAM
7
Wolverine Asset Management
Illinois
$1.47M -$177K -16,284 -11%
GCL
8
Glazer Capital LLC
New York
$1.05M -$1.12M -103,490 -52%
PAMP
9
Polar Asset Management Partners
Ontario, Canada
$545K – – –
KC
10
Kepos Capital
New York
$317K – – –
LSC
11
Logan Stone Capital
Illinois
$302K +$93.5K +8,626 +45%
Goldman Sachs
12
Goldman Sachs
New York
$177K – – –
CS
13
Clear Street
New York
$151K +$50.7K +4,672 +51%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$127K -$48.7K -4,493 -28%
Morgan Stanley
15
Morgan Stanley
New York
$839 -$5.28K -487 -86%

RFAI Hedge Fund Activity: Q1 2026 in Review

15 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp II (RFAI) for Q1 2026, worth a combined $48.5M — up 4% from $46.6M a quarter earlier.

Fund positioning in RFAI was balanced in Q1 2026: 0 funds opened new positions, 0 closed out, 4 added to existing stakes and 6 trimmed.

The largest buyer was Mizuho Securities USA, adding an estimated $5.45M. The largest seller was Karpus Investment Management, cutting an estimated $8.2M.

  • 15 institutional investors held RF Acquisition Corp II (RFAI) as of Q1 2026, unchanged from Q4 2025.
  • Funds reported $48.5M of RF Acquisition Corp II stock for Q1 2026, up 4% quarter-over-quarter.
  • 0 funds opened new RF Acquisition Corp II positions in Q1 2026 and 0 closed out.
  • The largest RF Acquisition Corp II buyer in Q1 2026 was Mizuho Securities USA, an estimated $5.45M added.
  • The largest RF Acquisition Corp II seller in Q1 2026 was Karpus Investment Management, an estimated $8.2M sold.

Based on aggregated 13F filings for Q1 2026.