RF ACQUISITION CORP III RFAM
ORD SHS · Common Stock · CUSIP G7537X107
- SectorBlank check (SPAC)
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- FilingsSEC EDGAR
* 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: 13.9m as of 2026-07-21, 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 ≈ $9.89.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2026 | 29 |
| Q2 2026 | 35 |
Biggest buyers
| WOLVERINE ASSET MANAGEMENT LLC | Added | +539.8k |
| Cable Car Capital, LP | New | +400.0k |
| WHITEBOX ADVISORS LLC | New | +387.0k |
| BNP PARIBAS FINANCIAL MARKETS | New | +335.6k |
| Magnetar Financial LLC | New | +285.0k |
| Wealthspring Capital LLC | New | +241.2k |
| MIZUHO SECURITIES USA LLC | Added | +203.3k |
| L1 Global Manager Pty Ltd | New | +150.0k |
| RLH Capital LLC | New | +85.0k |
| HEIGHTS CAPITAL MANAGEMENT, INC | New | +74.9k |
Biggest sellers
| AQR Arbitrage LLC | Reduced | -335.6k |
| Decagon Asset Management LLP | Sold out | -100.8k |
| Saba Capital Management, L.P. | Sold out | -94.7k |
| Parallax Volatility Advisers, L.P. | Sold out | -17.0k |
| Shaolin Capital Management LLC | Reduced | -9.0k |
| TrueMark Investments, LLC | Reduced | -1.3k |
| Meteora Capital, LLC | Reduced | -301 |
| Warberg Asset Management LLC | Reduced | -51 |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -35 |
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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: AQR CAPITAL MANAGEMENT LLC (4.3%, 2026-08-12)
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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| AQR Arbitrage LLC 0.09% of their portfolio | 604.4k $6.0m | Reduced -335.6k |
| WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio | 552.6k $5.5m | Added +539.8k |
| Polar Asset Management Partners Inc. 0.09% of their portfolio | 525.0k $5.2m | Added +50.0k |
| GLAZER CAPITAL, LLC 0.12% of their portfolio | 484.6k $4.8m | Added +200 |
| ARISTEIA CAPITAL, L.L.C. 0.07% of their portfolio | 475.0k $4.7m | Unchanged |
| MANGROVE PARTNERS IM, LLC 0.30% of their portfolio | 465.0k $4.6m | Unchanged |
| MIZUHO SECURITIES USA LLC 0.04% of their portfolio | 428.8k $4.2m | Added +203.3k |
| Cable Car Capital, LP 0.17% of their portfolio | 400.0k $4.0m | New |
| WHITEBOX ADVISORS LLC 0.06% of their portfolio | 387.0k $3.8m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 335.6k $3.3m | New |
| BERKLEY W R CORP 0.16% of their portfolio | 333.1k $3.3m | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 300.0k $3.0m | Unchanged |
| Magnetar Financial LLC 0.03% of their portfolio | 285.0k $2.8m | New |
| Wealthspring Capital LLC 0.53% of their portfolio | 241.2k $2.4m | New |
| Periscope Capital Inc. 0.38% of their portfolio | 240.0k $2.4m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 181.2k $1.8m | Unchanged |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 150.0k $1.5m | Unchanged |
| L1 Global Manager Pty Ltd 1.20% of their portfolio | 150.0k $1.5m | New |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 145.2k $1.4m | Added +64.7k |
| Radcliffe Capital Management, L.P. 0.08% of their portfolio | 108.3k $1.1m | Added +33.0k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 106.1k $1.1m | Reduced -35 |
| Limestone Investment Advisors LP 0.50% of their portfolio | 100.0k $990.0k | Added +29.3k |
| Meteora Capital, LLC 0.08% of their portfolio | 95.5k $946.4k | Reduced -301 |
| Linden Advisors LP 0.00% of their portfolio | 95.0k $939.5k | Unchanged |
| Mint Tower Capital Management B.V. 0.11% of their portfolio | 95.0k $941.0k | Unchanged |
| Centiva Capital, LP 0.03% of their portfolio | 95.0k $939.5k | Unchanged |
| Shaolin Capital Management LLC 0.05% of their portfolio | 86.0k $851.8k | Reduced -9.0k |
| RLH Capital LLC 0.40% of their portfolio | 85.0k $841.1k | New |
| HEIGHTS CAPITAL MANAGEMENT, INC 0.17% of their portfolio | 74.9k $740.9k | New |
| MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio | 70.0k $693.0k | Unchanged |
| Warberg Asset Management LLC 0.21% of their portfolio | 69.9k $692.1k | Reduced -51 |
| Clear Street Group Inc. 0.00% of their portfolio | 66.0k $653.5k | Added +43.3k |
| TrueMark Investments, LLC 0.06% of their portfolio | 48.7k $481.7k | Reduced -1.3k |
| Arax Advisory Partners 0.00% of their portfolio | 1.8k $17.8k | New |
| MORGAN STANLEY 0.00% of their portfolio | 26 $257 | Added +19 |