Filings activity in RFAI during Q2 2026, grouped by how each filer changed its position.
No new institutional buyers in this quarter.
RFAI Institutional Ownership by Quarter
8 quarters of 13F filings · Δ columns show change vs prior quarter
Quarter
Inst. Holders
Δ Holders
Ownership %
Δ Ownership
Total 13F Value
Δ Value
Q2 2026
13
13%
29.17%
0.44 pp
$47M
+0.8%
Q1 2026
15
+7.1%
29.61%
+16.65 pp
$47M
+155%
Q4 2025
14
53%
12.96%
53.23 pp
$18M
81%
Q3 2025
30
+3.4%
66.19%
+0.70 pp
$99M
+3.2%
Q2 2025
29
6.5%
65.49%
+1.37 pp
$96M
+4.5%
Q1 2025
31
11%
RFAI — Frequently Asked Questions
Quick answers to the most common questions about buying RFAI stock.
What percentage of RFAI is owned by institutions?
Based on Q2 2026 13F filings, institutional ownership of RF Acquisition Corp II Ordinary Shares stands at 29.2%, held across 13 reporting institutions.
Who is the largest institutional holder of RFAI?
Karpus Management, Inc. is the largest reported institutional holder of RFAI, with approximately 1,619,533 shares worth $0.02B as of Q2 2026.
Is RFAI a hedge fund favorite?
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of RFAI.
What is RFAI's Smart Money Score?
Our composite Smart Money Score for RFAI is 13 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in RFAI — a direct measure of their conviction.
64.12%
0.15 pp
$92M
+1.3%
Q4 2024
35
+13%
64.27%
+0.75 pp
$90M
+2.0%
Q3 2024
31
—
63.52%
—
$89M
—
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
0 institutions opened new positions in RFAI during Q2 2026, while 2 fully exited. 9 added to existing positions and 4 trimmed.
How is institutional ownership of RFAI changing?
RFAI institutional ownership fell by 0.44 percentage points quarter-over-quarter, with a net change of -2 holders.
How concentrated is RFAI ownership among the top holders?
The top 10 institutions account for 100.0% of all reported 13F value in RFAI, and the top 25 account for 100.0%.
Where does this RFAI institutional ownership data come from?
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
RF Acquisition Corp II Ordinary Shares (RFAI) Institutional Ownership