$RFL

$1.21 -$0.03 (2.42%) Close

$RFL Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 51.2M shares outstanding

Who owns RFL?

By type of holder

Institutions 7.5% Insiders 0.0% Everyone else 92.5%

Concentration Top 10 holders own 41.9%

Howard S. Jonas 28.7% · I9 Plus, LLC 7.1%

Institutional ownership

7.5%

+0.6 pts vs last qtr

Institutional holders

-2 vs last qtr

Net shares bought

+309.6K

by institutions in Q2 2026

New / sold out

5 / 7

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Vanguard Capital Management LLC +106.1K
State Street Corp +95.1K

Biggest sellers in Q2 2026

XTX Topco Ltd SOLD OUT −30.7K
Renaissance Technologies LLC −29.3K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Rafael Holdings Inc in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+235560.6%

+203.22% a year

Each share's claim on the business

−100.0%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $14.2M

over 8 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years85% 3–5 years0% 1–3 years11% Under 1 year4%

Quarterly turnover

8.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting RFL on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
VC Vanguard Capital Management LLC	1.4M	2.67%	+106.1K (+8.4%)	≤2021	0.0%
Shares held by quarter Peak holding1.4M (Q2'26) Change over 8 quarters+1.4M Share of the company2.670% Vanguard Capital Management LLC's full portfolio →
GC Geode Capital Management, LLC	429.9K	0.84%	−12.5K (−2.8%)	≤2021	0.0%
Shares held by quarter Peak holding451.1K (Q2'25) Change over 8 quarters+281.8K Share of the company0.840% Geode Capital Management, LLC's full portfolio →

Vanguard Capital Management LLC

1.4M

% of company

2.67%

Change vs last qtr

+106.1K (+8.4%)

Held since

≤2021

Geode Capital Management, LLC

429.9K

% of company

0.84%

Change vs last qtr

−12.5K (−2.8%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Rafael Holdings Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting RFL on Form N-PORT; together they hold 4.0% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$2.8M	854.9K	1.67%	0.00%	June 30, 2026
VE Vanguard Extended Market Index Fund Vanguard Index Funds	$1.56M	474.4K	0.93%	0.00%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$2.8M

% of company

1.67%

% of the fund

0.00%

As of

June 30, 2026

Vanguard Extended Market Index Fund

Vanguard Index Funds

Position value

$1.56M

% of company

0.93%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Rafael Holdings Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
HS Howard S. Jonas 5%+ holder 13D · 28.4%	14.7M	28.67%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company28.670% Disclosed stake13D · 28.4% View the 13D/G filing →
IP I9 Plus, LLC 5%+ holder 13D · 7.0%	3.6M	7.06%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company7.060% Disclosed stake13D · 7.0% View the 13D/G filing →

Howard S. Jonas

5%+ holder13D · 28.4%

14.7M

% of company

28.67%

Change vs last qtr

—

Held since

—

I9 Plus, LLC

5%+ holder13D · 7.0%

3.6M

% of company

7.06%

Change vs last qtr

—

Held since

—

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