% of shares outstanding not shown: no SEC cover-page share count falls within 120 days of the 2026-Q1 quarter end, so any percentage would rest on a count that cannot speak for this quarter. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for RFMZ in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Rockefeller Capital Management L.P. | 811,452811,452 | $10M | — | ADD 2% |
| 2 | MORGAN STANLEY | 697,544697,544 | $9M | — | ADD 20% |
| 3 | ROBINSON CAPITAL MANAGEMENT, LLC | 643,727643,727 | $8M | — | ADD 45% |
| 4 | UBS Group AG | 603,549603,549 | $8M | — | TRIM -3% |
| 5 | Pathstone Holdings, LLC | 546,079546,079 | $7M | — | ADD 58% |
| 6 | WELLS FARGO & COMPANY/MN | 390,558390,558 | $5M | — | — |
| 7 | ROYAL BANK OF CANADA | 355,042355,042 | $4M | — | ADD 5% |
| 8 | Gateway Wealth Partners, LLC | 351,058351,058 | $4M | — | ADD 120% |
| 9 | Atlas Wealth LLC | 336,953336,953 | $4M | — | ADD 7% |
| 10 | Saba Capital Management, L.P. | 288,116288,116 | $4M | — | TRIM -52% |
| 11 | Karpus Management, Inc. | 263,185263,185 | $3M | — | — |
| 12 | STIFEL FINANCIAL CORP | 233,606233,606 | $3M | — | TRIM -11% |
| 13 | Thomas J. Herzfeld Advisors, Inc. | 229,634229,634 | $3M | — | TRIM -28% |
| 14 | RIVERBRIDGE PARTNERS LLC | 225,057225,057 | $3M | — | ADD 8% |
| 15 | OPPENHEIMER & CO INC | 186,957186,957 | $2M | — | ADD 7% |
| 16 | Professional Financial Management, Inc. | 183,933183,933 | $2M | — | NEW |
| 17 | ENVESTNET ASSET MANAGEMENT INC | 174,297174,297 | $2M | — | TRIM -16% |
| 18 | Closed-End Fund Advisors, Inc. | 141,623141,623 | $2M | — | ADD 15% |
| 19 | GUGGENHEIM CAPITAL LLC | 114,512114,512 | $1M | — | NEW |
| 20 | WEDBUSH SECURITIES INC | 78,64678,646 | $995,000 | — | TRIM -10% |
| 21 | Logan Stone Capital, LLC | 67,25567,255 | $850,776 | — | — |
| 22 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 66,00866,008 | $835,001 | — | ADD 231% |
| 23 | Noble Wealth Management PBC | 58,11858,118 | $735,192 | — | ADD 46% |
| 24 | RAYMOND JAMES FINANCIAL INC | 54,27254,272 | $686,541 | — | ADD 31% |
| 25 | Matisse Capital | 49,19049,190 | $622,254 | — | — |
| 26 | Concurrent Investment Advisors, LLC | 44,47544,475 | $562,609 | — | ADD 94% |
| 27 | Private Advisor Group, LLC | 43,72643,726 | $553,136 | — | — |
| 28 | Mathes Company, Inc. | 34,00034,000 | $430,000 | — | — |
| 29 | CITADEL ADVISORS LLC | 33,80733,807 | $427,659 | — | TRIM -20% |
| 30 | Carnegie Investment Counsel | 30,00030,000 | $379,500 | — | — |
| 31 | IFC Advisors LLC | 30,00030,000 | $379,500 | — | TRIM -55% |
| 32 | River Street Advisors LLC | 28,56628,566 | $361,360 | — | — |
| 33 | CHOREO, LLC | 26,89726,897 | $340,247 | — | TRIM -15% |
| 34 | Arlington Capital Management, Inc. | 22,06922,069 | $279,173 | — | NEW |
| 35 | Waverly Advisors, LLC | 20,50620,506 | $259,401 | — | ADD 7% |
| 36 | LPL Financial LLC | 17,63217,632 | $223,045 | — | — |
| 37 | Financially in Tune, LLC | 17,21017,210 | $217,707 | — | — |
| 38 | TRUIST FINANCIAL CORP | 16,14616,146 | $204,247 | — | — |
| 39 | HighTower Advisors, LLC | 15,40915,409 | $194,921 | — | TRIM -32% |
| 40 | FIFTH THIRD BANCORP | 14,89814,898 | $188,462 | — | NEW |
| 41 | OSAIC HOLDINGS, INC. | 13,39313,393 | $169,426 | — | ADD 17% |
| 42 | XML Financial, LLC | 13,00013,000 | $164,450 | — | — |
| 43 | PFG Investments, LLC | 12,72412,724 | $160,963 | — | TRIM -43% |
| 44 | U.S. Capital Wealth Advisors, LLC | 12,47112,471 | $157,758 | — | TRIM -78% |
| 45 | Caliber Wealth Management, LLC / KS | 12,00012,000 | $151,800 | — | — |
| 46 | &PARTNERS | 11,10611,106 | $140,489 | — | TRIM -21% |
| 47 | Wellspring Financial Advisors, LLC | 10,00010,000 | $126,500 | — | — |
| 48 | NewEdge Advisors, LLC | 101,029101,029 | $101,029 | — | ADD 34% |
| 49 | EverSource Wealth Advisors, LLC | 6,0006,000 | $75,900 | — | — |
| 50 | US BANCORP \DE\ | 4,0634,063 | $51,397 | — | — |
| 51 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 3,2043,204 | $40,531 | — | TRIM -25% |
| 52 | Pinnacle Wealth Planning Services, Inc. | 963963 | $12,182 | — | ADD 171% |
| 53 | PRIVATE TRUST CO NA | 886886 | $11,208 | — | — |
| 54 | BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 879879 | $11,119 | — | — |
| 55 | HIGHLINE WEALTH PARTNERS LLC | 700700 | $8,855 | — | — |
| 56 | BlackRock, Inc. | 287287 | $3,631 | — | NEW |
| 57 | WPG Advisers, LLC | 266266 | $3,365 | — | ADD 174% |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Rockefeller Capital Management L.P. | 779K | 818K | 1.7M | 848K | 793K | 811K | $10M |
| MORGAN STANLEY | 251K | 233K | 229K | 258K | 583K | 698K | $9M |
| ROBINSON CAPITAL MANAGEMENT, LLC | 94K | 116K | 278K | 169K | 443K | 644K | $8M |
| UBS Group AG | 794K | 758K | 787K | 692K | 621K | 604K | $8M |
| Pathstone Holdings, LLC | 63K | 217K | 334K | 395K | 347K | 546K | $7M |
| WELLS FARGO & COMPANY/MN | 390K | 421K | 386K | 418K | 388K | 391K | $5M |
| ROYAL BANK OF CANADA | 296K | 296K | 568K | 294K | 337K | 355K | $4M |
| Gateway Wealth Partners, LLC | — | — | — | 146K | 160K | 351K | $4M |
| Atlas Wealth LLC | 61K | 143K | 241K | 267K | 315K | 337K | $4M |
| Saba Capital Management, L.P. | — | — | — | 21K | 605K | 288K | $4M |
| Karpus Management, Inc. | 286K | 277K | 278K | 272K | 264K | 263K | $3M |
| STIFEL FINANCIAL CORP | 828K | 823K | 717K | 568K | 264K | 234K | $3M |
| Thomas J. Herzfeld Advisors, Inc. | 255K | 303K | 303K | 301K | 319K | 230K | $3M |
| RIVERBRIDGE PARTNERS LLC | 97K | 107K | 111K | 114K | 209K | 225K | $3M |
| OPPENHEIMER & CO INC | 116K | 153K | 168K | 194K | 175K | 187K | $2M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| ROBINSON CAPITAL MANAGEMENT, LLC | +200,312 | $3M | ADD |
| Pathstone Holdings, LLC | +199,459 | $3M | ADD |
| Gateway Wealth Partners, LLC | +191,193 | $2M | ADD |
| Professional Financial Management, Inc. | +183,933 | $2M | OPEN |
| GUGGENHEIM CAPITAL LLC | +114,512 | $1M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Saba Capital Management, L.P. | −317,379 | $4M | TRIM |
| Thomas J. Herzfeld Advisors, Inc. | −89,852 | $1M | TRIM |
| U.S. Capital Wealth Advisors, LLC | −43,085 | $545,025 | TRIM |
| IFC Advisors LLC | −36,269 | $458,803 | TRIM |
| ENVESTNET ASSET MANAGEMENT INC | −32,922 | $416,463 | TRIM |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 57 | 7,748,683 | — | $97M |
| 2025-Q4 | 62 | 7,191,692 | — | $91M |
| 2025-Q3 | 55 | 6,358,268 | — | $83M |
| 2025-Q2 | 53 | 7,530,561 | — | $95M |
| 2025-Q1 | 47 | 5,997,350 | — | $80M |
| 2024-Q4 | 54 | 5,995,984 | — | $80M |
| 2024-Q3 | 41 | 5,053,032 | — | $73M |
| 2024-Q2 | 47 | 5,251,357 | — | $74M |
| 2024-Q1 | 42 | 5,718,812 | — | $80M |
| 2023-Q4 | 44 | 5,331,749 | — | $70M |
| 2023-Q3 | 33 | 4,506,108 | — | $55M |
| 2023-Q2 | 30 | 4,555,807 | — | $65M |
| 2023-Q1 | 28 | 3,959,469 | — | $53M |
| 2022-Q4 | 37 | 3,902,217 | — | $52M |
| 2022-Q3 | 30 | 2,944,080 | — | $39M |
| 2022-Q2 | 27 | 2,407,425 | — | $35M |
| 2022-Q1 | 26 | 1,849,429 | — | $29M |
| 2021-Q4 | 19 | 1,096,992 | — | $22M |
| 2021-Q3 | 12 | 908,656 | — | $18M |
| 2021-Q2 | 14 | 614,755 | — | $13M |
| 2021-Q1 | 7 | 378,698 | — | $8M |
