# RF ACQUISITION CORP II (RFAI)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/RFAI/

- Reporting holders: 13
- Reported value: $56.2M
- Shares held by institutions: 5,111,558 of 3,512,500 outstanding
- Held through calls: 0.0%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [Karpus Management, Inc.](https://holderbook.com/funds/1048703-karpus-management-inc/) | $17.9M | 1,619,533 | 0.5% | 8 |
| [MIZUHO SECURITIES USA LLC](https://holderbook.com/funds/812291-mizuho-securities-usa-llc/) | $16.0M | 1,466,758 | 0.2% | 5 |
| [BERKLEY W R CORP](https://holderbook.com/funds/11544-berkley-w-r-corp/) | $9.0M | 814,851 | 0.4% | 8 |
| [First Trust Capital Management L.P.](https://holderbook.com/funds/1604488-first-trust-capital-management-l-p/) | $5.7M | 514,506 | 0.3% | 8 |
| [DEUTSCHE BANK AG\](https://holderbook.com/funds/948046-deutsche-bank-ag/) | $2.6M | 240,000 | 0.0% | 8 |
| [AQR Arbitrage LLC](https://holderbook.com/funds/1167456-aqr-arbitrage-llc/) | $1.9M | 170,479 | 0.0% | 8 |
| [WOLVERINE ASSET MANAGEMENT LLC](https://holderbook.com/funds/1279891-wolverine-asset-management-llc/) | $1.5M | 132,119 | 0.0% | 8 |
| [Polar Asset Management Partners Inc.](https://holderbook.com/funds/1326389-polar-asset-management-partners-inc/) | $551.5K | 50,000 | 0.0% | 8 |
| [GLAZER CAPITAL, LLC](https://holderbook.com/funds/1076809-glazer-capital-llc/) | $441.0K | 39,988 | 0.0% | 8 |
| [Kepos Capital LP](https://holderbook.com/funds/1512020-kepos-capital-lp/) | $320.0K | 29,057 | 0.4% | 8 |
| [Clear Street Group Inc.](https://holderbook.com/funds/1881567-clear-street-group-inc/) | $191.7K | 17,384 | 0.0% | 4 |
| [GOLDMAN SACHS GROUP INC](https://holderbook.com/funds/886982-goldman-sachs-group-inc/) | $178.8K | 16,214 | 0.0% | 8 |
| [MORGAN STANLEY](https://holderbook.com/funds/895421-morgan-stanley/) | $7.4K | 669 | 0.0% | 6 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 13 | $56.2M |
| Q1 2026 | 15 | $48.5M |
| Q4 2025 | 15 | $46.6M |
| Q3 2025 | 30 | $106.6M |
| Q2 2025 | 28 | $103.7M |
| Q1 2025 | 30 | $99.9M |
| Q4 2024 | 35 | $98.9M |
| Q3 2024 | 30 | $97.8M |

