RF Acquisition Corp II
RFAI
30 hedge funds and large institutions have $99.9M invested in RF Acquisition Corp II in 2025 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 6 closing their positions.
1% more capital invested
Capital invested by funds: $98.9M → $99.9M (+$1.01M)
0.34% less ownership
Funds ownership: 64.48% → 64.13% (-0.34%)
14% less funds holding
Funds holding: 35 → 30 (-5)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.66M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$424K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$392K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.32K |
| 5 |
Morgan Stanley
New York
|
+$206 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$2.04M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$880K |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$492K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$358K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $211K | -$132K | -12,851 | -39% |
|
|
CCM
27
Condor Capital Management
Martinsville,
New Jersey
| $113K | – | – | – |
|
|
28
UBS Group
Zurich,
Switzerland
| $20K | +$1.32K | +128 | +7% |
|
|
CS
29
Clear Street
New York
| $2.08K | – | – | – |
|
|
30
Morgan Stanley
New York
| $207 | +$206 | +20 | New |
|
|
HCM
31
Highbridge Capital Management
New York
| – | -$2.04M | -200,000 | Closed |
|
|
FTCM
32
Fir Tree Capital Management
New York
| – | -$492K | -48,136 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$285K | -27,843 | Closed |
|
|
TI
34
Tidal Investments
Milwaukee,
Wisconsin
| – | -$131K | -12,851 | Closed |
|
35
Citadel Advisors
Miami,
Florida
| – | -$115K | -11,266 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$3.9K | -382 | Closed |
|
RFAI Hedge Fund Activity: Q1 2025 in Review
30 of the 7,461 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp II (RFAI) for Q1 2025, worth a combined $99.9M — up 1% from $98.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RFAI and 1 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $3.66M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $2.04M sold.
- 30 institutional investors held RF Acquisition Corp II (RFAI) as of Q1 2025, down from 35 in Q4 2024.
- Funds reported $99.9M of RF Acquisition Corp II stock for Q1 2025, up 1% quarter-over-quarter.
- 1 fund opened new RF Acquisition Corp II positions in Q1 2025 and 6 closed out, a net change of -5 holders.
- The largest RF Acquisition Corp II buyer in Q1 2025 was W.R. Berkley Corp, an estimated $3.66M added.
- The largest RF Acquisition Corp II seller in Q1 2025 was Highbridge Capital Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q1 2025.