Rafael Holdings
RFL
50 hedge funds and large institutions have $5.48M invested in Rafael Holdings in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 6 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 49 → 50 (+1)
0.97% more ownership
Funds ownership: 10.78% → 11.75% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less capital invested
Capital invested by funds: $6.4M → $5.48M (-$918K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
IEQ Capital
Foster City,
California
|
+$335K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$224K |
| 3 |
Jane Street
New York
|
+$141K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$134K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$94.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCC
Cable Car Capital
San Francisco,
California
|
-$173K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$161K |
| 3 |
BlackRock
New York
|
-$121K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$65.4K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$51K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Group One Trading
Chicago,
Illinois
| – | -$1.93K | -1,145 | Closed |
|
52
Raymond James Financial
St Petersburg,
Florida
| – | -$779 | -450 | Closed |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$29 | +17 | New |
|
|
FIA
54
FNY Investment Advisers
New York
| – | +$101 | +60 | +150% |
|
RFL Hedge Fund Activity: Q3 2025 in Review
50 of the 7,622 institutional investors tracked by Wall St. Rank reported a position in Rafael Holdings (RFL) for Q3 2025, worth a combined $5.48M — down 14% from $6.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RFL positions and 6 closed out — a net gain of 1 holder — while 17 added to existing stakes and 9 trimmed.
The largest buyer was IEQ Capital, adding an estimated $335K. The largest seller was Cable Car Capital, exiting entirely with an estimated $173K sold.
- 50 institutional investors held Rafael Holdings (RFL) as of Q3 2025, up from 49 in Q2 2025.
- Funds reported $5.48M of Rafael Holdings stock for Q3 2025, down 14% quarter-over-quarter.
- 7 funds opened new Rafael Holdings positions in Q3 2025 and 6 closed out, a net change of +1 holder.
- The largest Rafael Holdings buyer in Q3 2025 was IEQ Capital, an estimated $335K added.
- The largest Rafael Holdings seller in Q3 2025 was Cable Car Capital, an estimated $173K sold.
Based on aggregated 13F filings for Q3 2025.