RF Acquisition Corp II
RFAI
28 hedge funds and large institutions have $104M invested in RF Acquisition Corp II in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
1.36% more ownership
Funds ownership: 64.13% → 65.49% (+1.4%)
4% more capital invested
Capital invested by funds: $99.9M → $104M (+$3.76M)
7% less funds holding
Funds holding: 30 → 28 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$6.95M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.44M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.11M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$1.04M |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.49M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$651K |
| 3 |
CA
Crossingbridge Advisors
Pleasantville,
New York
|
-$520K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$468K |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $20.3K | – | – | – |
|
|
CS
27
Clear Street
New York
| $2.12K | – | – | – |
|
28
Morgan Stanley
New York
| $706 | +$492 | +47 | +235% |
|
|
BI
29
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$2.49M | -239,878 | Closed |
|
|
CA
30
Crossingbridge Advisors
Pleasantville,
New York
| – | -$520K | -50,000 | Closed |
|
|
CF
31
Cantor Fitzgerald
New York
| – | -$273K | -26,270 | Closed |
|
RFAI Hedge Fund Activity: Q2 2025 in Review
28 of the 7,598 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp II (RFAI) for Q2 2025, worth a combined $104M — up 3.8% from $99.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RFAI and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.
The largest buyer was Wealthspring Capital, adding an estimated $6.95M. The largest seller was Bulldog Investors, exiting entirely with an estimated $2.49M sold.
- 28 institutional investors held RF Acquisition Corp II (RFAI) as of Q2 2025, down from 30 in Q1 2025.
- Funds reported $104M of RF Acquisition Corp II stock for Q2 2025, up 3.8% quarter-over-quarter.
- 2 funds opened new RF Acquisition Corp II positions in Q2 2025 and 3 closed out, a net change of -1 holder.
- The largest RF Acquisition Corp II buyer in Q2 2025 was Wealthspring Capital, an estimated $6.95M added.
- The largest RF Acquisition Corp II seller in Q2 2025 was Bulldog Investors, an estimated $2.49M sold.
Based on aggregated 13F filings for Q2 2025.