RF Acquisition RFAI Institutional Ownership

Updated Oct 5, 2026

RF Acquisition Corp II (NASDAQ:RFAI) had 13 institutional holders reporting a position on Form 13F for the quarter ended June 30, 2026.

• Total holdings of RF Acquisition shares fell 1.54% from Q1 2026, and the number of holders fell 50.00% from Q2 2025.
• Looking at the 13 holders of RFAI individually, 4 added to their positions, 4 reduced their stakes and 5 left their positions unchanged.
• In total, institutional investors held 4.38Mn shares of RF Acquisition at the end of Q2 2026, down 68.41K from the prior quarter and down 5.44Mn from a year earlier.
• As of June 30, 2026, the biggest holder of RF Acquisition was Karpus Management, Inc. with 1.62Mn shares.
• Among holders that already owned RF Acquisition, the biggest buyers in Q2 2026 were W. R. Berkley Corp (+48.43K shares), Clear Street Group Inc. (+3.53K shares), AQR Arbitrage LLC (+1.38K shares) and Morgan Stanley (+592 shares).
• Holders that trimmed the most shares of RF Acquisition in Q2 2026 while keeping a position were Glazer Capital, LLC (-56.51K shares), Karpus Management, Inc. (-21.2K shares), Deutsche Bank AG (-3K shares) and Wolverine Asset Management LLC (-2.35K shares).
• Per Business Quant, the top 10 investors in RFAI for the quarter ended June 30, 2026 were Karpus Management, Inc. (1.62Mn shares), W. R. Berkley Corp (814.85K shares), Mizuho Securities USA LLC (732.38K shares), First Trust Capital Management L.P. (514.51K shares), Deutsche Bank AG (240K shares), AQR Arbitrage LLC (170.48K shares), Wolverine Asset Management LLC (132.12K shares), Polar Asset Management Partners Inc. (50K shares), Glazer Capital, LLC (39.99K shares) and Kepos Capital LP (29.06K shares).