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RFAI

RF Acquisition Corp II

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.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

7% more funds holding

Funds holding: 2830 (+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

Holders
30
Holders Change
+2
Holders Change %
+7.14%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
5
Reduced
8
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$25.8M -$164K -15,459 -0.6%
FTCM
2
First Trust Capital Management
Illinois
$11.1M
WRBC
3
W.R. Berkley Corp
Connecticut
$10.1M +$1.94M +183,030 +24%
WAM
4
Wolverine Asset Management
Illinois
$9.15M -$124K -11,713 -1%
AA
5
AQR Arbitrage
Connecticut
$8.25M -$31.8K -3,000 -0.4%
WC
6
Wealthspring Capital
New York
$8.02M -$45.1K -4,255 -0.6%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$5.77M
GCL
8
Glazer Capital LLC
New York
$5.57M -$325K -30,653 -6%
Deutsche Bank
9
Deutsche Bank
Germany
$3.15M
Two Sigma Investments
10
Two Sigma Investments
New York
$2.69M
WCMNY
11
Westchester Capital Management (New York)
New York
$2.67M
PAMP
12
Polar Asset Management Partners
Ontario, Canada
$2.42M
PC
13
Periscope Capital
Ontario, Canada
$1.88M +$1.06K +100 +0.1%
MSU
14
Mizuho Securities USA
New York
$1.65M +$153K +14,455 +10%
Toronto Dominion Bank
15
Toronto Dominion Bank
Ontario, Canada
$1.07M -$1.54M -145,340 -59%
PMAM
16
Picton Mahoney Asset Management
Ontario, Canada
$1.07M
MF
17
Magnetar Financial
Illinois
$1.06M
RCM
18
Rivernorth Capital Management
Florida
$1,000K -$4.38K -414 -0.4%
SCM
19
Shaolin Capital Management
Florida
$940K +$927K +87,500 New
MTCM
20
Mint Tower Capital Management
Netherlands
$859K
Goldman Sachs
21
Goldman Sachs
New York
$790K
WAM
22
Warberg Asset Management
Illinois
$408K
RCM
23
Radcliffe Capital Management
Pennsylvania
$323K +$318K +30,066 New
KC
24
Kepos Capital
New York
$322K
RCM
25
Robinson Capital Management
Michigan
$216K

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.