Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

RF ACQUISITION CORP II (RFAIR)

26 + Investors. Track Smart Money conviction in RFAIR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
2Q ▲
Buyers last Q
44%

Smart Money Signals — RFAIR

Based on 26 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added RFAIR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
26 funds currently hold this stock — 93% of the 3.0-year high of 28 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
1 fewer hedge funds hold RFAIR compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

4 buying5 selling
Last quarter: 5 funds reduced or exited vs 4 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~1 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 1 → 6 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 31% entered in last year

■ 8% conviction (2yr+) ■ 62% medium ■ 31% new
Only 2 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +23322% but shares only +26% — price-driven

Value
+23321%
Shares
+25%
Last quarter: the total dollar value of institutional holdings rose +23322%, but actual share count only changed +26%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~1 new funds/quarter

2 → 3 → 1 → 6 → 1 new funds/Q
New funds entering each quarter: 3 → 1 → 6 → 1. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 8% veterans, 31% new entrants

■ 8% veterans ■ 62% 1-2yr ■ 31% new
Of 26 current holders: 2 (8%) held 2+ years, 16 held 1–2 years, 8 (31%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 100% AUM from top-100 funds

100% from top-100 AUM funds
5 of 26 holders are among the 100 largest funds by AUM, controlling 100% of total institutional value in RFAIR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — RFAIR

In 2026 Q1, 4 hedge funds were net buyers of RFAIR (1 opened a new position, 3 added to an existing one), while 5 reduced or exited (5 trimmed their position) — a 44% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 100% of total institutional value in RFAIR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 26.

Hedge Fund Ownership: RFAIR

How many hedge funds hold RFAIR — quarterly history vs. share price
Quarterly hedge fund ownership of RFAIR vs. share price

Market Analysis: RFAIR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RFAIR

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy RF ACQUISITION CORP II (RFAIR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RFAIR has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 64d ago
RFAIR
-99.5%
SPY
+16.8%

RFAIR outperformed SPY by -116.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 19d ago
RFAIR
+0.0%
SPY
+2.7%

Since the filing became public, RFAIR outperformed SPY by -2.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: RFAIR
26 + Investors

Track Smart Money conviction in RFAIR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 26 25 4.0%
13F Shares 10M 8M 25.91%
Total Value $218M $930K 23321.74%
New Positions 1 6 -5
Increased Positions 3 0 +3
Closed Positions 0 5 -5
Reduced Positions 5 8 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RFAIR

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

26 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RFAIR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of RFAIR — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Harraden Circle Investments, LLC 0.03% 1,300,422 $156K
2 Wealthspring Capital LLC 0.02% 740,738 $89K
3 Yakira Capital Management, Inc. 0.02% 429,704 $52K
4 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.01% 1,936,837 $217K
5 JPMORGAN CHASE & CO 0.01% 1,936,837 $216.9M
6 HGC Investment Management Inc. 0.01% 200,000 $24K
7 PERISCOPE CAPITAL INC. 0.00% 197,600 $24K
8 StoneX Group Inc. 0.00% 282,432 $34K
9 METEORA CAPITAL, LLC 0.00% 155,176 $19K
10 AQR Arbitrage LLC 0.00% 684,749 $77K
11 Shaolin Capital Management LLC 0.00% 250,000 $30K
12 Mint Tower Capital Management B.V. 0.00% 80,000 —
13 ROBINSON CAPITAL MANAGEMENT, LLC 0.00% 20,000 $2K
14 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% 100,000 $12K
15 Polar Asset Management Partners Inc. 0.00% 225,000 $27K
16 GLAZER CAPITAL, LLC 0.00% 89,650 —
17 Clear Street Group Inc. 0.00% 327,071 $39K
18 FLOW TRADERS U.S. LLC 0.00% 41,574 —
19 Magnetar Financial LLC 0.00% 99,000 $12K
20 K2 PRINCIPAL FUND, L.P. 0.00% 13,374 $2K
21 BOOTHBAY FUND MANAGEMENT, LLC 0.00% 51,130 $6K
22 TORONTO DOMINION BANK 0.00% 174,600 $21K
23 D. E. Shaw & Co., Inc. 0.00% 200,000 $24K
24 DEUTSCHE BANK AG\ 0.00% 240,000 $29K
25 BNP PARIBAS FINANCIAL MARKETS 0.00% 46,579 $6K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — RF ACQUISITION CORP II (RFAIR)

What does the Smart Money Trend signal show for RFAIR?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added RFAIR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for RFAIR?

More sellers than buyers — 44% buying: Last quarter: 5 funds reduced or exited vs 4 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for RFAIR holders?

Elite ownership — 100% AUM from top-100 funds: 5 of 26 holders are among the 100 largest funds by AUM, controlling 100% of total institutional value in RFAIR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held RFAIR?

Mostly new holders — 31% entered in last year: Only 2 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy RF ACQUISITION CORP II (RFAIR) following the 2026 Q1 hedge fund 13F filings?

As of today, RFAIR has moved +0.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.7% for the SPY sector ETF — an outperformance of -2.7%. Since the quarter end (March 31, 2026), RFAIR has gained -99.5% vs +16.8% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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