NASDAQ · RFAI

RF Acquisition Corp II

Closing price · Nov 13, 2026 $34.335

Latest quarter · ended Sep 30, 2026

Cash got weaker

descriptionFiled Nov 12, 2026

Cash from operationsWorse

−$126K

Dec '24Sep '26

vs. −$64.1K a year ago

Share countBuying back

−76.6%

Dec '24Sep '26

3.51M shares vs. 15.01M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Buying Insiders: as of Nov 13 Funds: as of Jun 30, 2026

account_balance
1 fund bought, 0 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
info
No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

13 funds report owning RFAI, down from 15

Holdings as of Jun 30, 2026

New0

Added3

Held9

Trimmed1

Sold out2

Together they reported 4.38M shares, more than the 3.51M that exist. That happens with 13F data: some shares are counted by more than one manager, and some are lent out. So we show fund counts, not an ownership percent.

Last quarter

Who bought and who sold

Apr–Jun 2026

W. R. Berkley Corp

+6%

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

No insider filings loaded for the last 12 months.

Top holders

Biggest funds in RFAI

As of Jun 30, 2026

Fund	Owns	Value	Change
Karpus Management, Inc.	46.1%	$17.9M	−1%
W. R. Berkley Corp	23.2%	$8.98M	+6%
Mizuho Securities USA LLC	20.9%	$7.97M	Same
First Trust Capital Management L.P.	14.6%	$5.68M	Same
Deutsche Bank AG	6.8%	$2.65M	−1%

"Owns" is shares reported divided by shares outstanding.