RF Acquisition Corp II
RFAI
30 hedge funds and large institutions have $107M invested in RF Acquisition Corp II in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
7% more funds holding
Funds holding: 28 → 30 (+2)
3% more capital invested
Capital invested by funds: $104M → $107M (+$2.89M)
0.69% more ownership
Funds ownership: 65.49% → 66.19% (+0.69%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.94M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$927K |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$318K |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$153K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.54M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$325K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$164K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$124K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citadel Advisors
Miami,
Florida
| $175K | -$23.2K | -2,195 | -12% |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $132K | +$131K | +12,342 | New |
|
28
UBS Group
Zurich,
Switzerland
| $21.5K | +$752 | +71 | +4% |
|
29
Morgan Stanley
New York
| $5.63K | +$4.84K | +457 | +682% |
|
|
CS
30
Clear Street
New York
| $2.16K | – | – | – |
|
|
CCM
31
Condor Capital Management
Martinsville,
New Jersey
| – | -$115K | -10,900 | Closed |
|
RFAI Hedge Fund Activity: Q3 2025 in Review
30 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp II (RFAI) for Q3 2025, worth a combined $107M — up 2.8% from $104M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RFAI positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was W.R. Berkley Corp, adding an estimated $1.94M. The largest seller was Toronto Dominion Bank, cutting an estimated $1.54M.
- 30 institutional investors held RF Acquisition Corp II (RFAI) as of Q3 2025, up from 28 in Q2 2025.
- Funds reported $107M of RF Acquisition Corp II stock for Q3 2025, up 2.8% quarter-over-quarter.
- 3 funds opened new RF Acquisition Corp II positions in Q3 2025 and 1 closed out, a net change of +2 holders.
- The largest RF Acquisition Corp II buyer in Q3 2025 was W.R. Berkley Corp, an estimated $1.94M added.
- The largest RF Acquisition Corp II seller in Q3 2025 was Toronto Dominion Bank, an estimated $1.54M sold.
Based on aggregated 13F filings for Q3 2025.