Rafael Holdings, Inc.: which funds bought and sold

Institutions that bought and sold Rafael Holdings shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 21 institutions that filed 13F reports for both quarters added to or opened positions in Rafael Holdings, and 13 cut or closed them. Together they added a net 382K shares, +10.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 20K shares (+19.7%); index fund managers were net buyers of 219K shares (+9.1%). 6 opened a new position and 5 sold out entirely.

Bought, Q2 2026 21 institutions, 6 of them new holders Sold, Q2 2026 13 institutions, 5 of them sold out

Net change, all compared +382K shares (+10.9%)

Net change, active managers +20K shares (+19.7%), 2 bought, 1 sold

Buyers versus sellers

institutions compared, 46

21 bought 12 13 sold

Active managers and hedge funds 2 bought · 1 sold · +20K

Index fund managers 5 bought · 1 sold · +219K

Other institutions 14 bought · 11 sold · +143K

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Vanguard Capital Management LLC Index funds	+106K +8.4%	1.4M	$4.5M
State Street Corp Index funds	+95K +153.0%	157K	$515,846
Kahn Brothers Group Inc	+92K +157.0%	150K	$493,617
Jane Street Group, LLC	+68K +150.2%	113K	$369,722
Susquehanna International Group, LLP	+47K +203.6%	71K	$231,807
Citadel Advisors LLC Hedge fund	+39K +364.2%	49K	$161,120
Blackrock, Inc. Index funds	+24K +6.7%	390K	$1.3M
Simplex Trading, LLC	+12K +8719.0%	12K	$39,628
Point72 Asset Management, L.P. Hedge fund	+10K New position	10K	$34,220
Northern Trust Corp Index funds	+4,588 +5.5%	89K	$290,614
Wellington Shields Capital Management, LLC	+2,953 +11.4%	29K	$94,966
Morgan Stanley	+2,526 +25.8%	12K	$40,455
UBS Group AG	+1,954 +100.9%	3,891	$12,763
Vanguard Fiduciary Trust Co Index funds	+1,566 +0.8%	207K	$677,389
Integrated Wealth Concepts LLC	+1,199 New position	1,199	$3,933
Group One Trading LLC	+865 New position	865	$2,837
Virtu Financial LLC	+578 +4.3%	14K	$46,000
Barclays PLC	+249 New position	249	$817
Wells Fargo & Company	+239 +0.2%	104K	$339,774
Bogart Wealth, LLC	+50 New position	50	$164

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Citadel Advisors LLC Hedge fund	+39K +364.2%	49K	$161,120
Point72 Asset Management, L.P. Hedge fund	+10K New position	10K	$34,220

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Xtx Topco Ltd	−31K Sold out	0	—
Renaissance Technologies LLC Hedge fund	−29K −32.9%	60K	$196,193
Ieq Capital, LLC	−25K −13.2%	165K	$541,079
Osaic Holdings, Inc.	−16K −75.0%	5,260	$17,252
Geode Capital Management, LLC Index funds	−13K −2.8%	430K	$1.4M
HRT Financial LP	−10K Sold out	0	—
Wealth Enhancement Advisory Services, LLC	−1,662 −8.9%	17K	$37,770
Tower Research Capital LLC (TRC)	−1,644 −79.4%	427	$1,401
Cerity Partners LLC	−709 −1.6%	44K	$144,395
LPL Financial LLC	−650 −1.2%	56K	$182,926
Quent Capital, LLC	−466 Sold out	0	—
Advisory Services Network, LLC	−24 Sold out	0	—
BNP Paribas Financial Markets	−6 Sold out	0	—

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Renaissance Technologies LLC Hedge fund	−29K −32.9%	60K	$196,193

New positions

largest by value

Institution	Shares	Value June 30, 2026
Point72 Asset Management, L.P.Hedge fund	10K	$34,220
Integrated Wealth Concepts LLC	1,199	$3,933
Group One Trading LLC	865	$2,837
Barclays PLC	249	$817
Bogart Wealth, LLC	50	$164
Caitong International Asset Management Co., Ltd	10	$33

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Xtx Topco Ltd	31K	$38,428
HRT Financial LP	10K	$12,000
Quent Capital, LLC	466	$583
Advisory Services Network, LLC	24	$30
BNP Paribas Financial Markets	6	$8

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 41
Ten largest holders: 86.3%
Index fund managers: 67.8%
Active managers and hedge funds: 3.1%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	2	1	1	0	+20K	+19.7%
Index fund managers	5	1	0	0	+219K	+9.1%
Other institutions	14	11	5	5	+143K	+14.4%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Rafael Holdings.

Only managers that filed a holdings report for both quarters are compared (46 here). 1 other holder is left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

← Back to Rafael Holdings, Inc. · Insiders · Politicians