Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

RAFAEL HLDGS INC (RFL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
39%

Smart Money Signals — RFL

Based on 37 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their RFL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 84% of 3.0Y peak

84% of all-time peak
37 funds currently hold this stock — 84% of the 3.0-year high of 44 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding RFL is almost the same as a year ago (-1 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🔴

Heavy selling pressure — only 39% buying

13 buying20 selling
Last quarter: 20 funds sold vs only 13 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 7 → 3 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 27% medium ■ 8% new
24 out of 37 hedge funds have held RFL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -45%, value -95%

Value
-94%
Shares
-44%
Last quarter: funds added -45% more shares while total portfolio value only changed -95%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
⚠️

Saturation — most institutions already know this story

10 → 13 → 7 → 3 → 5 new funds/Q
New funds entering each quarter: 13 → 7 → 3 → 5. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 5% 1-2yr ■ 21% new
Of 38 current holders: 28 (74%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
15 of 37 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in RFL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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 — RFL

In 2026 Q1, 13 hedge funds were net buyers of RFL (5 opened a new position, 8 added to an existing one), while 20 reduced or exited (12 trimmed, 8 sold completely) — a 39% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. 58% of total institutional value in RFL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 37.

Hedge Fund Ownership: RFL

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

Market Analysis: RFL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RFL

-- --

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

Is It Too Late to Buy RAFAEL HLDGS INC (RFL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RFL has moved relative to its sector benchmark (XLRE) 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 · 72d ago
RFL
nan%
XLRE
nan%

RFL outperformed XLRE by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 27d ago
RFL
nan%
XLRE
nan%

Since the filing became public, RFL outperformed XLRE by nan% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: RFL
37 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 37 40 -7.5%
13F Shares 2M 4M -44.81%
Total Value $3M $50M -94.63%
New Positions 5 3 +2
Increased Positions 8 8 -
Closed Positions 8 7 +1
Reduced Positions 11 13 -2
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RFL

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

37 + investors

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

QUARTER:
Top 25 institutional holders of RFL — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 KAHN BROTHERS GROUP INC 0.01% 58,557 $73K
2 Wellington Shields Capital Management, LLC 0.00% 26,000 $32K
3 Advocate Investing Services LLC 0.00% 1,849 $2K
4 Americana Partners, LLC 0.00% 43,793 $55K
5 IEQ CAPITAL, LLC 0.00% 189,960 $237K
6 PFS Partners, LLC 0.00% 1,450 $2K
7 Virtu Financial LLC 0.00% 13,579 —
8 XTX Topco Ltd 0.00% 30,742 $38K
9 NFSG Corp 0.00% 1,500 $2K
10 RENAISSANCE TECHNOLOGIES LLC 0.00% 89,138 $111K
11 Cerity Partners LLC 0.00% 44,732 $56K
12 Tower Research Capital LLC (TRC) 0.00% 2,071 $3K
13 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% 18,599 $23K
14 Quent Capital, LLC 0.00% 466 —
15 OSAIC HOLDINGS, INC. 0.00% 21,060 $26K
16 HRT FINANCIAL LP 0.00% 10,278 $12K
17 CITADEL ADVISORS LLC 0.00% 141,000 $176K
18 WELLS FARGO & COMPANY/MN 0.00% 103,351 $129K
19 LPL Financial LLC 0.00% 56,420 $71K
20 BlackRock, Inc. 0.00% 365,618 $457K
21 JANE STREET GROUP, LLC 0.00% 45,045 $56K
22 CoreCap Advisors, LLC 0.00% 82 —
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 23,278 $29K
24 CITADEL ADVISORS LLC 0.00% 10,581 $13K
25 HARBOUR INVESTMENTS, INC. 0.00% 50 —
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 — RAFAEL HLDGS INC (RFL)

What does the Smart Money Trend signal show for RFL?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their RFL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for RFL?

Heavy selling pressure — only 39% buying: Last quarter: 20 funds sold vs only 13 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for RFL holders?

Elite ownership — 58% AUM from top-100 funds: 15 of 37 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in RFL. 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 RFL?

65% of holders stayed for 2+ years: 24 out of 37 hedge funds have held RFL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy RAFAEL HLDGS INC (RFL) following the 2026 Q1 hedge fund 13F filings?

As of today, RFL has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLRE sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), RFL has gained nan% vs nan% for XLRE. 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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