Vault-13

RF INDS LTD RFIL

COM PAR $0.01 · Common Stock · CUSIP 749552105

95 institutional holders +28 vs Q1 2026
4,986,5685.0m shares reported held*
46.0% of all shares outstanding*
$105.8mreported value*
36 new 25 added 29 reduced 8 sold out net bought ≈ $8.8m (+420.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 10.9m as of 2026-06-15, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $21.21. Options: 5 managers hold calls ($2.4m notional), 3 hold puts ($719.0k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 27Q4 22: 29Q1 23: 27Q2 23: 28Q3 23: 29Q4 23: 26Q1 24: 27Q2 24: 32Q3 24: 28Q4 24: 29Q1 25: 32Q2 25: 36Q3 25: 51Q4 25: 52Q1 26: 67Q2 26: 9595Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202227
Q4 202229
Q1 202327
Q2 202328
Q3 202329
Q4 202326
Q1 202427
Q2 202432
Q3 202428
Q4 202429
Q1 202532
Q2 202536
Q3 202551
Q4 202552
Q1 202667
Q2 202695

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 5 bought or addedQ3 24: 12 cut or sold outQ4 24: 9 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 10 cut or sold outQ2 25: 16 bought or addedQ2 25: 8 cut or sold outQ2 25Q3 25: 36 bought or addedQ3 25: 12 cut or sold outQ4 25: 27 bought or addedQ4 25: 21 cut or sold outQ4 25Q1 26: 42 bought or addedQ1 26: 24 cut or sold outQ2 26: 61 bought or addedQ2 26: 37 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024512
Q4 202499
Q1 20251310
Q2 2025168
Q3 20253612
Q4 20252721
Q1 20264224
Q2 20266137

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 25 calls: $604.1kQ3 25 puts: $189.3kQ3 25P/C 0.31Q4 25 calls: $271.1kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $308.3kQ1 26 puts: $308.3kQ1 26P/C 1.00Q2 26 calls: $2.4mQ2 26 puts: $719.0kQ2 26P/C 0.30
Numbers
QuarterCallsPutsP/C
Q3 2025$604.1k$189.3k0.31
Q4 2025$271.1k$00.00
Q1 2026$308.3k$308.3k1.00
Q2 2026$2.4m$719.0k0.30

Biggest buyers

BlackRock, Inc. Added +441,259+441.3k
LPL Financial LLC Added +154,031+154.0k
GEODE CAPITAL MANAGEMENT, LLC Added +112,115+112.1k
AMERIPRISE FINANCIAL INC New +63,049+63.0k
VANGUARD PORTFOLIO MANAGEMENT LLC New +58,388+58.4k
CITADEL ADVISORS LLC New +51,397+51.4k
STATE STREET CORP Added +50,140+50.1k
NORTHERN TRUST CORP Added +49,191+49.2k
RAYMOND JAMES FINANCIAL INC Added +42,399+42.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +36,271+36.3k

Biggest sellers

MARSHALL WACE, LLP Reduced -235,210-235.2k
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Reduced -234,685-234.7k
JANE STREET GROUP, LLC Sold out -85,553-85.6k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -55,015-55.0k
TWO SIGMA INVESTMENTS, LP Reduced -49,170-49.2k
SEI INVESTMENTS CO Reduced -45,941-45.9k
Man Group plc Sold out -45,305-45.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -30,847-30.8k
Point72 Asset Management, L.P. Reduced -29,127-29.1k
Trexquant Investment LP Reduced -27,828-27.8k

Biggest calls

JANE STREET GROUP, LLC New $1.5m69.1k shares
CITADEL ADVISORS LLC Added $657.5k31.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $218.5k10.3k shares
GROUP ONE TRADING LLC Added $42.4k2.0k shares
SIMPLEX TRADING, LLC Reduced $14.8k700 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $347.8k16.4k shares
SIMPLEX TRADING, LLC Added $347.8k16.4k shares
GROUP ONE TRADING LLC Added $23.3k1.1k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 13G · institution -2.2 pts · filed 2026-08-14 5.4% -2.2 pts 588.1k≈ $12.5m 2026-08-14
BlackRock, Inc. 13G · institution new · filed 2026-07-29 5.4% new 591.2k≈ $12.5m 2026-07-29

Fell to 5% or below in the last year: RENAISSANCE TECHNOLOGIES LLC (4.8%, 2025-11-13)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 1 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20241$139.2k0——
Q1 20251$70.8k0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 591,231591.2k $12.5m $12.5m 0.00% Added +441.3k +441,259
2 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.62% of their portfolio EDINA, MN 588,115588.1k $12.5m $12.5m 0.62% Reduced -234.7k -234,685
3 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 463,817463.8k $9.8m $9.8m 0.01% Reduced -30.8k -30,847
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 382,361382.4k $8.1m $8.1m 0.00% Added +30.2k +30,186
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 219,825219.8k $4.7m $4.7m 0.00% Added +112.1k +112,115
6 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 205,076205.1k $4.3m $4.3m 0.00% Reduced -21.9k -21,889
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 189,295189.3k $4.0m $4.0m 0.00% Added +154.0k +154,031
8 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 180,897180.9k $3.8m $3.8m 0.02% Added +29.3k +29,309
9 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 135,639135.6k $2.9m $2.9m 0.00% Reduced -55.0k -55,015
10 RITHOLTZ WEALTH MANAGEMENT 0.04% of their portfolio NEW YORK, NY 132,843132.8k $2.8m $2.8m 0.04% Added +3.8k +3,812
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 101,237101.2k $2.1m $2.1m 0.00% Added +26.0k +26,005
12 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 99,79299.8k $2.1m $2.1m 0.00% Added +22.1k +22,066
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 95,12495.1k $2.0m $2.0m 0.00% Added +50.1k +50,140
14 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio HOUSTON, TX 84,79684.8k $1.8m $1.8m 0.03% Reduced -1.9k -1,900
15 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 83,68583.7k $1.8m $1.8m 0.00% Reduced -6.3k -6,332
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 67,69667.7k $1.4m $1.4m 0.00% Added +49.2k +49,191
17 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 66,24166.2k $1.4m $1.4m 0.00% Reduced -235.2k -235,210
18 Informed Momentum Co LLC 0.12% of their portfolio SOLANA BEACH, CA 64,27564.3k $1.4m $1.4m 0.12% Reduced -2.6k -2,645
19 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 63,69263.7k $1.4m $1.4m 0.00% Added +8.4k +8,356
20 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 63,04963.0k $1.3m $1.3m 0.00% New
21 GSA CAPITAL PARTNERS LLP 0.08% of their portfolio LONDON, X0 60,44460.4k $1.3m $1.3m 0.08% Added +17.3k +17,349
22 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 60,08560.1k $1.3m $1.3m 0.01% Reduced -27.8k -27,828
23 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 58,38858.4k $1.2m $1.2m 0.00% New
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 54,38254.4k $1.2m $1.2m 0.00% Added +36.3k +36,271
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 53,81553.8k $1.1m $1.1m 0.00% Added +33.2k +33,181
26 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 53,69953.7k $1.1m $1.1m 0.00% Added +42.4k +42,399
27 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 51,39751.4k $1.1m $1.1m 0.00% New
28 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 51,33351.3k $1.1m $1.1m 0.01% Reduced -19.6k -19,608
29 Timothy G. Youngquist 2020 Irrevocable Trust 0.20% of their portfolio FORT MYERS, FL 46,81346.8k $992.9k $992.9k 0.20% Reduced -13.2k -13,180
30 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 45,56245.6k $966.4k $966.4k 0.00% Reduced -49.2k -49,170
31 Centiva Capital, LP 0.03% of their portfolio New York, NY 42,70442.7k $905.8k $905.8k 0.03% Reduced -27.3k -27,290
32 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 38,08938.1k $807.9k $807.9k 0.00% Reduced -45.9k -45,941
33 Hillsdale Investment Management Inc. 0.01% of their portfolio Toronto, A6 30,00630.0k $636.4k $636.4k 0.01% Reduced -11.0k -11,000
34 OCCUDO QUANTITATIVE STRATEGIES LP 0.03% of their portfolio FORT LAUDERDALE, FL 28,78928.8k $610.6k $610.6k 0.03% Added +6.5k +6,521
35 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 27,85627.9k $590.8k $590.8k 0.00% New
36 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 27,44327.4k $582.1k $582.1k 0.00% New
37 GWN SECURITIES INC. 0.08% of their portfolio Palm Beach Gardens, FL 23,62723.6k $501.1k $501.1k 0.08% New
38 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 21,81421.8k $462.7k $462.7k 0.01% Reduced -1.4k -1,390
39 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 21,24821.2k $450.7k $450.7k 0.01% Added +4.7k +4,697
40 PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio BOSTON, MA 20,70720.7k $439.2k $439.2k 0.00% New
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 18,71318.7k $396.9k $396.9k 0.00% New
42 ESSEX INVESTMENT MANAGEMENT CO LLC 0.05% of their portfolio BOSTON, MA 17,86417.9k $378.9k $378.9k 0.05% Reduced -31 -31
43 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 16,93016.9k $359.1k $359.1k 0.00% Added +2.8k +2,771
44 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 16,87016.9k $357.8k $357.8k 0.00% Added +5.5k +5,459
45 Brendel Financial Advisors LLC 0.17% of their portfolio HANOVER, NH 16,86816.9k $357.8k $357.8k 0.17% New
46 BAILARD, INC. 0.01% of their portfolio Foster City, CA 15,62515.6k $331.4k $331.4k 0.01% Reduced -17.9k -17,900
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 15,36115.4k $325.8k $325.8k 0.00% Reduced -13.0k -12,998
48 Integrated Quantitative Investments LLC 0.05% of their portfolio BELLEVUE, WA 14,96015.0k $317.3k $317.3k 0.05% Reduced -8.9k -8,892
49 D'Orazio & Associates, Inc. 0.04% of their portfolio VIENNA, VA 14,82314.8k $314.4k $314.4k 0.04% New
50 Perigon Wealth Management, LLC 0.00% of their portfolio SAN FRANCISCO, CA 14,20014.2k $301.2k $301.2k 0.00% New
51 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 13,91713.9k $295.2k $295.2k 0.00% Reduced -29.1k -29,127
52 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 11,17111.2k $236.9k $236.9k 0.00% New
53 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,11210.1k $214.5k $214.5k 0.00% Reduced -4.6k -4,588
54 Revisor Wealth Management LLC 0.05% of their portfolio AKRON, OH 9,4349.4k $200.1k $200.1k 0.05% New
55 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 9,4319.4k $200.0k $200.0k 0.00% New
56 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 8,3478.3k $177.0k $177.0k 0.00% New
57 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 6,6776.7k $141.6k $141.6k 0.00% New
58 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 5,1465.1k $109.1k $109.1k 0.00% New
59 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 4,8004.8k $101.8k $101.8k 0.00% New
60 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,2114.2k $89.3k $89.3k 0.00% Reduced -784 -784
61 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 4,0604.1k $86.1k $86.1k 0.01% New
62 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,9373.9k $83.5k $83.5k 0.00% New
63 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 3,8673.9k $82.0k $82.0k 0.00% New
64 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,4823.5k $74.2k $74.2k 0.00% Reduced -7.7k -7,725
65 Founders Capital Management 0.03% of their portfolio HOUSTON, TX 3,4203.4k $72.5k $72.5k 0.03% Unchanged
66 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 2,7422.7k $58.2k $58.2k 0.00% Reduced -2.1k -2,058
67 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,7342.7k $58.0k $58.0k 0.00% New
68 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 2,4772.5k $52.5k $52.5k 0.00% New
69 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,7301.7k $36.7k $36.7k 0.00% Added +730 +730
70 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,4581.5k $30.9k $30.9k 0.00% Reduced -13.5k -13,514
71 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 1,3521.4k $28.7k $28.7k 0.00% Reduced -4.8k -4,765
72 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,3501.4k $28.6k $28.6k 0.00% Unchanged
73 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 1,3251.3k $28.1k $28.1k 0.00% Unchanged
74 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,1031.1k $23.4k $23.4k 0.00% Unchanged
75 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0741.1k $23.0k $23.0k 0.00% New
76 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 1,0211.0k $21.7k $21.7k 0.00% Added +180 +180
77 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 995995 $21.1k $21.1k 0.00% Added +986 +986
78 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 919919 $19.5k $19.5k 0.00% Added +497 +497
79 Legal & General Group Plc 0.00% of their portfolio London, X0 814814 $17.3k $17.3k 0.00% New
80 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 762762 $16.2k $16.2k 0.00% New
81 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 746746 $15.8k $15.8k 0.00% New
82 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 671671 $14.2k $14.2k 0.00% New
83 Indiana Trust & Investment Management Co 0.00% of their portfolio MISHAWAKA, IN 660660 $14.0k $14.0k 0.00% Reduced -1.0k -1,015
84 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 378378 $8.0k $8.0k 0.00% Added +292 +292
85 FMR LLC 0.00% of their portfolio BOSTON, MA 267267 $5.7k $5.7k 0.00% Added +88 +88
86 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 266266 $5.6k $5.6k 0.00% New
87 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 116116 $2.5k $2.5k 0.00% Reduced -98 -98
88 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 116116 $2.5k $2.5k 0.00% New
89 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 100100 $2.1k $2.1k 0.00% New
90 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 100100 $2.1k $2.1k 0.00% New
91 Quarry LP 0.00% of their portfolio NEW YORK, NY 7373 $1.5k $1.5k 0.00% New
92 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 4242 $891 $891 0.00% Unchanged
93 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 2929 $615 $615 0.00% New
94 Rialto Wealth Management, LLC 0.00% of their portfolio SYRACUSE, NY 2828 $594 $594 0.00% New
95 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 77 $148 $148 0.00% New