RFAM · RF Acquisition Corp III

$9.97 +0.01 (+0.15%)

Market Cap

$138.71M

13.93M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 45

Total Value: $86,244,148

Total Shares: 15,602,355

Institutional Ownership Trend

2 quarters

Holder Concentration

Across 45 13F filers · Δ vs Mar 31, 2026

Top Holder

6.9%

−3.7 pts

Top 5

30.3%

−1.8 pts

Top 10

54.2%

−0.1 pts

HHI

403

Broadly held−18

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -1

Institutional value: -0.4%

Shares held: +11.9%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mid WOLVERINE ASSET MANAGEMENT LLC	+539,771	837,619
Mid Cable Car Capital, LP	+400,000	800,000
Mid WHITEBOX ADVISORS LLC	+387,000	774,000
Mid Magnetar Financial LLC	+285,000	570,000
Small StoneX Group Inc.	+213,648	336,336

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mid AQR Arbitrage LLC	−664,521	1,215,479
Mid BERKLEY W R CORP	−281,057	385,057
Small Decagon Asset Management LLP	−100,811	100,811
Mid GLAZER CAPITAL, LLC	−99,793	869,131
Mid Saba Capital Management, L.P.	−94,740	95,000

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)	Open
Mega BNP PARIBAS ARBITRAGE, SA	671,160	$3,322,242
Mid Arax Advisory Partners	3,600	$17,820

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large Calamos Advisors LLC	300,000	$2,970,000
Small FNY Investment Advisers, LLC	200,999	$1,989,890
Large Parallax Volatility Advisers, L.P.	16,958	$166,018

Filter: New 2 Increased 18 Reduced 12 Sold out 3 Unchanged 13

Showing 75 of 75

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

AQR Arbitrage LLC

$5,983,758

6.94%

604,420

WOLVERINE ASSET MANAGEMENT LLC

$5,470,928

6.34%

552,619

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	552,619	$5,470,928	100.0%	Defined

Polar Asset Management Partners Inc.

$5,197,500

6.03%

525,000

GLAZER CAPITAL, LLC

$4,797,530

5.56%

484,599

ARISTEIA CAPITAL, L.L.C.

$4,702,500

5.45%

475,000

MANGROVE PARTNERS IM, LLC

$4,603,500

5.34%

465,000

Lineage Point Capital LP RFAMU

$4,403,040

5.11%

440,304

Cable Car Capital, LP

$3,960,000

4.59%

400,000

WHITEBOX ADVISORS LLC

$3,831,300

4.44%

387,000

Hartree Partners, LP RFAMU

$3,800,000

4.41%

380,000

BNP PARIBAS ARBITRAGE, SA

$3,322,242

3.85%

335,580

BERKLEY W R CORP

$3,297,264

3.82%

333,057

RIVERNORTH CAPITAL MANAGEMENT, LLC

$2,970,000

3.44%

300,000

Magnetar Financial LLC

$2,821,500

3.27%

285,000

Wealthspring Capital LLC

$2,387,583

2.77%

241,170

Periscope Capital Inc.

$2,376,000

2.75%

240,000

MIZUHO SECURITIES USA LLC

$2,012,234

2.33%

203,256

TWO SIGMA INVESTMENTS, LP

$1,794,375

2.08%

181,250

L1 Global Manager Pty Ltd

$1,485,000

1.72%

150,000

Hudson Bay Capital Management LP

$1,485,000

1.72%

150,000

HIGHBRIDGE CAPITAL MANAGEMENT LLC

$1,437,064

1.67%

145,158

Yakira Capital Management, Inc. RFAMU

$1,150,000

1.33%

115,000

Radcliffe Capital Management, L.P.

$1,072,051

1.24%

108,288

BOOTHBAY FUND MANAGEMENT, LLC

$1,050,795

1.22%

106,141

Limestone Investment Advisors LP

$990,000

1.15%

100,000

METEORA CAPITAL, LLC

$945,440

1.10%

95,499

Linden Advisors LP

$940,500

1.09%

95,000

Mint Tower Capital Management B.V.

$940,500

1.09%

95,000

Centiva Capital, LP

$940,500

1.09%

95,000

Shaolin Capital Management LLC

$851,815

0.99%

86,042

RLH Capital LLC

$841,500

0.98%

85,000

HEIGHTS CAPITAL MANAGEMENT, INC

$741,658

0.86%

74,915

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CVI Investments, Inc.	74,915	$741,658	100.0%	Other

MOORE CAPITAL MANAGEMENT, LP

$693,000

0.80%

70,000

Warberg Asset Management LLC

$692,495

0.80%

69,949

Clear Street Group Inc.

$653,489

0.76%

66,009

TORONTO DOMINION BANK RFAMU

$500,000

0.58%

50,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES (USA) LLC	50,000	$500,000	100.0%	Defined

TrueMark Investments, LLC

$482,229

0.56%

48,710

SUSQUEHANNA INTERNATIONAL GROUP, LLP RFAMU

$277,590

0.32%

27,759

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	27,759	$277,590	100.0%	Other

Clear Street Group Inc. RFAMU

$223,010

0.26%

22,301

HRT FINANCIAL LP RFAMU

$101,180

0.12%

10,118

Arax Advisory Partners

$17,820

0.02%

1,800

MORGAN STANLEY

$257

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	26	$257	100.0%	Defined

GLAZER CAPITAL, LLC RFAMU

0.00%

133

METEORA CAPITAL, LLC RFAMR

—

95,199

Shaolin Capital Management LLC RFAMR

—

143,511

Harraden Circle Investments, LLC RFAMR

—

180,750

BNP PARIBAS ARBITRAGE, SA RFAMR

—

335,580

WHITEBOX ADVISORS LLC RFAMR

—

387,000

StoneX Group Inc. RFAMR

—

336,336

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STONEX FINANCIAL INC.	336,336	$0	—	Defined

HEIGHTS CAPITAL MANAGEMENT, INC RFAMR

—

74,415

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CVI Investments, Inc.	74,415	$0	—	Other

AQR Arbitrage LLC RFAMR

—

611,059

Decagon Asset Management LLP RFAMR

—

100,811

GLAZER CAPITAL, LLC RFAMR

—

384,399

Magnetar Financial LLC RFAMR

—

285,000

Polar Asset Management Partners Inc. RFAMR

—

508,000

TORONTO DOMINION BANK RFAMR

—

41,011

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES (USA) LLC	41,011	$0	—	Defined

Hudson Bay Capital Management LP RFAMR

—

149,900

Linden Advisors LP RFAMR

—

95,000

RLH Capital LLC RFAMR

—

85,000

MOORE CAPITAL MANAGEMENT, LP RFAMR

—

70,000

RIVERNORTH CAPITAL MANAGEMENT, LLC RFAMR

—

300,000

ARISTEIA CAPITAL, L.L.C. RFAMR

—

475,000

Cable Car Capital, LP RFAMR

—

400,000

WOLVERINE ASSET MANAGEMENT LLC RFAMR

—

285,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	285,000	$0	—	Defined

Centiva Capital, LP RFAMR

—

95,000

Arax Advisory Partners RFAMR

—

1,800

Radcliffe Capital Management, L.P. RFAMR

—

78,809

BOOTHBAY FUND MANAGEMENT, LLC RFAMR

—

108,896

Saba Capital Management, L.P. RFAMR

—

95,000

L1 Global Manager Pty Ltd RFAMR

—

150,000

MANGROVE PARTNERS IM, LLC RFAMR

—

465,000

Clear Street Group Inc. RFAMR

—

176,776

Mint Tower Capital Management B.V. RFAMR

—

95,000

BERKLEY W R CORP RFAMR

—

52,000

Periscope Capital Inc. RFAMR

—

240,000

Key facts CIK 2091712 CUSIP G7537X107 13F (30d) 43 filings 43 filers