RF Acquisition Corp II Ordinary Shares
RF Acquisition Corp II Ordinary Shares (RFAI) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · RFAI · as of Sep 30, 2025
Ownership Breakdown
30
Institutional Holders
▲ 2 vs Q2
$106.57M
Total Inst. Value
▲ $2.89M vs Q2
15.01M
Shares Outstanding
freeFloat 79.52%
9.94M
13F Shares Held
▲ 104,092 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
RFAI largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
KARPUS MANAGEMENT, INC. blank checks | 2.41M | 16.02% | 16.02% | $25.84B | Nov 14, 2025 | ▼ 15.5K |
FIRST TRUST CAPITAL MANAGEMENT L.P. blank checks | 1.03M | 6.86% | 6.86% | $11.05B | Nov 17, 2025 | — held |
BERKLEY W R CORP blank checks | 937.8K | 6.25% | 6.25% | $10.07B | Nov 14, 2025 | ▲ 183.0K |
WOLVERINE ASSET MANAGEMENT LLC blank checks | 852.0K | 5.68% | 5.68% | $9.15B | Oct 28, 2025 | ▼ 11.7K |
AQR ARBITRAGE LLC blank checks | 773.0K | 5.15% | 5.15% | $8.25B | Nov 14, 2025 | ▼ 3.0K |
WEALTHSPRING CAPITAL LLC blank checks | 746.7K | 4.97% | 4.97% | $8.02B | Oct 15, 2025 | ▼ 4.3K |
D. E. SHAW & CO., INC. blank checks | 541.1K | 3.60% | 3.60% | $5.77B | Nov 14, 2025 | — held |
GLAZER CAPITAL, LLC blank checks | 518.9K | 3.46% | 3.46% | $5.57B | Nov 13, 2025 | ▼ 30.7K |
DEUTSCHE BANK AG\ blank checks | 293.0K | 1.95% | 1.95% | $3.15B | Nov 13, 2025 | — held |
TWO SIGMA INVESTMENTS, LP blank checks | 250.0K | 1.67% | 1.67% | $2.69B | Nov 14, 2025 | — held |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
5
Increased
+198.1K shares4
New Positions
first time holders8
Decreased
−213.0K shares1
Sold Out
fully exitedNet shares change (top 50)
14.9K
+198.1K / −213.0K
Net new holders
+0
4 new / 1 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
RFAI insider trading · insider activity
Source: SEC Form 4
Recent Insider Transactions
Showing 10 most recent · Common Stock only
No recent insider transactions reported.
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
RF Acquisition Corp II Ordinary Shares (RFAI) is primarily owned by institutional investors, who hold approximately 66.2% of total shares outstanding. Company insiders own approximately 20.48%, while retail and public investors account for the remaining 13.33%.
The largest institutional shareholder of RF Acquisition Corp II Ordinary Shares is KARPUS MANAGEMENT, INC., holding approximately 2.41 million shares — equal to 16.02% of outstanding shares — as of September 30, 2025.
A total of 30 institutional investors currently hold RFAI stock, with a combined institutional value of approximately $106,565,525 as of the most recent 13F filing period.
Frequently asked questions
RFAI ownershipRF Acquisition Corp II Ordinary Shares (RFAI) is primarily owned by institutional investors, who hold approximately 66.2% of shares. The largest shareholder is KARPUS MANAGEMENT, INC. with a 16.02% stake. Company insiders hold 20.48%. Data sourced from SEC Form 13F as of September 30, 2025.