Rafael Holdings, Inc.
Rafael Holdings, Inc. (RFL) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · RFL · as of Sep 30, 2025
Ownership Breakdown
45
Institutional Holders
▼ 2 vs Q2
$5.48M
Total Inst. Value
▼ $917,588 vs Q2
36.75M
Shares Outstanding
freeFloat 68.61%
4.03M
13F Shares Held
▲ 332,257 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
RFL largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
VANGUARD GROUP INC real estate | 1.39M | 5.53% | 5.53% | $1.90B | Nov 7, 2025 | ▲ 133.0K |
IEQ CAPITAL, LLC real estate | 423.1K | 1.68% | 1.68% | $575.40M | Nov 14, 2025 | ▲ 199.1K |
GEODE CAPITAL MANAGEMENT, LLC real estate | 355.4K | 1.41% | 1.41% | $483.54M | Nov 12, 2025 | ▼ 95.7K |
BLACKROCK, INC. real estate | 322.3K | 1.28% | 1.28% | $438.36M | Nov 12, 2025 | ▼ 71.7K |
DIMENSIONAL FUND ADVISORS LP real estate | 298.2K | 1.18% | 1.18% | $405.60M | Nov 12, 2025 | ▼ 38.9K |
FOUNDERS FUND V MANAGEMENT, LLC real estate | 169.5K | 67.14% | 67.14% | $230.45M | Nov 14, 2025 | — held |
KAHN BROTHERS GROUP INC real estate | 158.7K | 62.87% | 62.87% | $215.80M | Nov 12, 2025 | ▼ 2.4K |
WELLS FARGO & COMPANY/MN real estate | 103.4K | 40.97% | 40.97% | $140.61M | Nov 13, 2025 | ▲ 79.9K |
NORTHERN TRUST CORP real estate | 84.5K | 33.47% | 33.47% | $114.89M | Nov 14, 2025 | ▲ 23.8K |
JANE STREET GROUP, LLC real estate | 83.6K | 33.13% | 33.13% | $113.70M | Nov 14, 2025 | NEW |
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
17
Increased
+619.9K shares5
New Positions
first time holders8
Decreased
−228.3K shares5
Sold Out
fully exitedNet shares change (top 50)
+391.6K
+619.9K / −228.3K
Net new holders
+9
5 new / 5 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
RFL insider trading · insider activity
Source: SEC Form 4
6
Buy transactions
1
Sell transactions
6.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Polinsky David Chief Financial Officer | Mar 21, 2026 | Tax Withhold | 2,318 | $1.27 | $3.0K | 301.5K | Form 4 ↗ |
JONAS HOWARD S Exec Chairman, CEO & President | Mar 13, 2026 | Tax Withhold | 9,826 | $1.50 | $14.8K | 323.0K | Form 4 ↗ |
Sieger Markus director | Jan 28, 2026 | Award | 29,528 | $1.27 | $37.5K | 219.7K | Form 4 ↗ |
WEISS MICHAEL J director | Jan 28, 2026 | Award | 39,370 | $1.27 | $50.0K | 141.9K | Form 4 ↗ |
STEIN MARK N director | Jan 28, 2026 | Award | 39,370 | $1.27 | $50.0K | 50.8K | Form 4 ↗ |
GRAYSON ALAN director | Jan 28, 2026 | Award | 6,562 | $1.27 | $8.3K | 6.6K | Form 4 ↗ |
JONAS HOWARD S Exec Chairman, CEO & President | Jan 13, 2026 | Award | 75,000 | $1.25 | $93.6K | 332.8K | Form 4 ↗ |
Polinsky David Chief Financial Officer | Jan 13, 2026 | Award | 50,000 | $1.25 | $62.4K | 303.8K | Form 4 ↗ |
Polinsky David Chief Financial Officer | Jan 13, 2026 | Tax Withhold | 4,865 | $1.25 | $6.1K | 253.8K | Form 4 ↗ |
Polinsky David Chief Financial Officer | Dec 21, 2025 | Tax Withhold | 1,961 | $1.28 | $2.5K | 258.7K | Form 4 ↗ |
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
Rafael Holdings, Inc. (RFL) is primarily owned by institutional investors, who hold approximately 11.0% of total shares outstanding. Company insiders own approximately 31.39%, while retail and public investors account for the remaining 57.65%.
The largest institutional shareholder of Rafael Holdings, Inc. is VANGUARD GROUP INC, holding approximately 1.39 million shares — equal to 5.53% of outstanding shares — as of September 30, 2025.
A total of 45 institutional investors currently hold RFL stock, with a combined institutional value of approximately $5,479,492 as of the most recent 13F filing period.
Frequently asked questions
RFL ownershipRafael Holdings, Inc. (RFL) is primarily owned by institutional investors, who hold approximately 11.0% of shares. The largest shareholder is VANGUARD GROUP INC with a 5.53% stake. Company insiders hold 31.39%. Data sourced from SEC Form 13F as of September 30, 2025.