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Armada Acquisition Corp. II

XRPN
Exchange
Nasdaq
Industry
Blank Checks
SEC CIK
0002044009

No open-market purchases or sales by Armada Acquisition Corp. II insiders were filed in the last 90 days; 67 institutions reported holding it in 13F filings for Q2 2026, worth $273.6M in total; no superinvestor holds it.

Other share classesXRPNUXRPNW

13F holders, Q3 2025

Institutional positions in Armada Acquisition Corp. II as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
49
+17 vs. Q2 2025
Shares held
20.0M
+7.17M (+56.0%) vs. Q2 2025
Total value
$208.5M
+$79.9M (+62.2%) vs. Q2 2025
New holders
23
5 more added
Sold out
6
11 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting XRPN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 49 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 33 institutionsQ3 2025: 49 institutionsQ4 2025: 64 institutionsQ1 2026: 64 institutionsQ2 2026: 67 institutions
Value heldQ3 2025: $208.5M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $128.6MQ3 2025: $208.5MQ4 2025: $270.5MQ1 2026: $264.8MQ2 2026: $273.6M
Institutions holding XRPN and their total value by quarter
QuarterHoldersValue
Q2 202667$273.6M
Q1 202664$264.8M
Q4 202564$270.5M
Q3 202549$208.5M
Q2 202533$128.6M
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Armada Acquisition Corp. II; share changes are against Q2 2025.

Institutions holding XRPN in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Meteora Capital, LLC1,781,085$18.6M1.97%+1,781,085New
Tenor Capital Management Co., L.P.1,500,000$15.7M0.21%+1,500,000New
Harraden Circle Investments, LLC1,256,800$13.1M2.58%+1,256,800New
CNH Partners LLC1,108,382$11.6M0.29%+1,108,382New
Magnetar Financial LLC814,266$8.50M0.05%00.0%Unchanged
Linden Advisors LP800,000$8.35M0.06%00.0%Unchanged
LMR Partners LLP800,000$8.35M0.11%00.0%Unchanged
Healthcare of Ontario Pension Plan Trust Fund700,000$7.31M0.01%00.0%Unchanged
Two Sigma Investments, LP664,583$6.93M0.01%00.0%Unchanged
Westchester Capital Management, LLC633,400$6.61M0.34%+383,400+153.4%Added
Hudson Bay Capital Management LP614,000$6.41M0.04%00.0%Unchanged
Polar Asset Management Partners Inc.600,000$6.26M0.13%00.0%Unchanged
Toronto Dominion Bank568,700$5.93M0.01%+318,700+127.5%Added
Karpus Management, Inc.547,500$5.71M0.18%+547,500New
Rivernorth Capital Management, LLC506,333$5.28M0.30%+506,333New
Aristeia Capital LLC500,000$5.22M0.16%00.0%Unchanged
Vivaldi Asset Management, LLC500,000$5.22M0.34%00.0%Unchanged
Wealthspring Capital LLC486,740$5.08M1.21%+486,740New
Radcliffe Capital Management, L.P.479,191$5.00M0.31%−55,839−10.4%Reduced
Goldman Sachs Group Inc366,348$3.82M0.00%+366,348New
Context Capital Management, LLC350,000$3.65M0.11%−50,000−12.5%Reduced
Berkley W R Corp340,390$3.55M0.23%+49,770+17.1%Added
Shaolin Capital Management LLC300,000$3.13M0.15%−250,000−45.5%Reduced
Periscope Capital Inc.300,000$3.13M0.76%+100,000+50.0%Added
Millennium Management LLC298,504$3.11M0.00%+298,504New
Glazer Capital, LLC250,000$2.61M0.09%−390,092−60.9%Reduced
Mint Tower Capital Management B.V.250,000$2.61M0.34%+250,000New
JPMorgan Chase & Co239,840$2.50M0.00%+239,840New
Verition Fund Management LLC219,335$2.29M0.01%−458,443−67.6%Reduced
Picton Mahoney Asset Management200,000$2.09M0.03%+200,000New
Whitebox Advisors LLC200,000$2.09M0.04%+200,000New
Moore Capital Management, LP200,000$2.09M0.04%+200,000New
Citadel Advisors LLC193,908$2.02M0.00%+193,908New
Heights Capital Management, Inc191,267$2.00M0.63%+191,267New
Mizuho Securities USA LLC175,100$1.77M0.04%−541,691−75.6%Reduced
Wolverine Asset Management LLC159,039$1.66M0.02%−800,780−83.4%Reduced
UBS Oconnor LLC150,000$1.57M0.05%−50,000−25.0%Reduced
Driehaus Capital Management LLC150,000$1.57M0.01%00.0%Unchanged
Cable Car Capital LLC150,000$1.57M0.67%+150,000New
Bulldog Investors, LLP100,000$1.04M0.24%+100,000New
Steadfast Capital Management LP80,000$834.7K0.02%+80,000New
CSS LLC70,068$731.1K0.04%−50,000−41.6%Reduced
Boothbay Fund Management, LLC48,077$501.6K0.01%−86,923−64.4%Reduced
Atw Spac Management LLC47,500$495.6K0.63%−87,500−64.8%Reduced
Cantor Fitzgerald, L. P.28,364$295.9K0.01%+28,364New
Clear Street Group Inc.28,262$294.9K0.00%+28,262New
Schonfeld Strategic Advisors LLC22,500$234.8K0.00%+22,500New
Geode Capital Management, LLC15,116$157.8K0.00%+15,116New
Morgan Stanley68$7100.00%+15+28.3%Added
Mangrove Partners0$00.00%−185,700−100.0%Sold out
Weiss Asset Management LP0$00.00%−150,000−100.0%Sold out
Walleye Capital LLC0$00.00%−125,000−100.0%Sold out
Highbridge Capital Management LLC0$00.00%−50,400−100.0%Sold out
StoneX Group Inc.0$00.00%−50,000−100.0%Sold out
Virtu Financial LLC0$00.00%−45,938−100.0%Sold out
Clear Street LLC––––Not filed