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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, Q1 2026

Institutional positions in Armada Acquisition Corp. II as of Mar 31, 2026. 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
64
+2 vs. Q4 2025
Shares held
25.7M
−584.9K (−2.2%) vs. Q4 2025
Total value
$264.8M
−$4.23M (−1.6%) vs. Q4 2025
New holders
11
11 more added
Sold out
9
15 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 64 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 heldQ1 2026: $264.8M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Armada Acquisition Corp. II; share changes are against Q4 2025.

Institutions holding XRPN in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Arrington Capital Management, LLC5,796,000$59.8M67.86%00.0%Unchanged
Meteora Capital, LLC2,281,240$23.5M1.73%−693,479−23.3%Reduced
Tenor Capital Management Co., L.P.2,185,000$22.5M0.35%00.0%Unchanged
Berkley W R Corp1,233,735$12.7M0.68%+681,754+123.5%Added
CNH Partners LLC1,056,579$10.9M0.18%−47,275−4.3%Reduced
Westchester Capital Management, LLC833,400$8.59M0.42%00.0%Unchanged
Magnetar Financial LLC814,266$8.40M0.09%00.0%Unchanged
Linden Advisors LP800,000$8.25M0.05%00.0%Unchanged
LMR Partners LLP800,000$8.25M0.08%00.0%Unchanged
Polar Asset Management Partners Inc.635,835$6.56M0.16%+35,835+6.0%Added
Wolverine Asset Management LLC573,999$5.92M0.09%+470,712+455.7%Added
Toronto Dominion Bank500,000$5.16M0.01%−350,000−41.2%Reduced
Aristeia Capital LLC500,000$5.16M0.12%00.0%Unchanged
Radcliffe Capital Management, L.P.466,789$4.81M0.36%00.0%Unchanged
RLH Capital LLC462,808$4.77M2.42%+462,808New
Vivaldi Asset Management, LLC458,864$4.73M0.25%00.0%Unchanged
Millennium Management LLC454,850$4.69M0.00%+22,600+5.2%Added
Mizuho Securities USA LLC458,272$4.67M0.11%+458,272New
Goldman Sachs Group Inc365,976$3.77M0.00%00.0%Unchanged
Context Capital Management, LLC350,000$3.61M0.08%00.0%Unchanged
Quarry LP307,137$3.17M0.64%+159,714+108.3%Added
Highbridge Capital Management LLC274,729$2.84M0.18%+274,729New
Karpus Management, Inc.259,300$2.67M0.08%−288,200−52.6%Reduced
Mint Tower Capital Management B.V.250,000$2.58M0.25%00.0%Unchanged
SkyView Investment Advisors, LLC250,000$2.58M0.35%00.0%Unchanged
Verition Fund Management LLC220,513$2.27M0.02%+220,513New
Glazer Capital, LLC200,852$2.07M0.04%−4,160−2.0%Reduced
Whitebox Advisors LLC200,000$2.06M0.03%00.0%Unchanged
Moore Capital Management, LP200,000$2.06M0.08%00.0%Unchanged
Picton Mahoney Asset Management200,000$2.06M0.02%00.0%Unchanged
Shaolin Capital Management LLC200,000$2.06M0.09%00.0%Unchanged
DLD Asset Management, LP199,130$2.05M0.21%00.0%Unchanged
Heights Capital Management, Inc191,267$1.97M0.55%00.0%Unchanged
Commonwealth Equity Services, LLC176,438$1.82M0.00%+93,528+112.8%Added
Cable Car Capital LLC150,000$1.55M0.53%00.0%Unchanged
O'Connor Alternative Investments LLC150,000$1.55M0.08%+150,000New
Walleye Capital LLC140,000$1.44M0.01%−10,000−6.7%Reduced
Hudson Bay Capital Management LP127,186$1.31M0.01%−86,251−40.4%Reduced
Clear Street Group Inc.126,427$1.30M0.01%−165,198−56.6%Reduced
Periscope Capital Inc.125,000$1.29M0.22%−75,000−37.5%Reduced
Citigroup Inc100,000$1.03M0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.96,276$993.0K0.00%+21,145+28.1%Added
Boothbay Fund Management, LLC96,110$990.9K0.02%−16,152−14.4%Reduced
CSS LLC70,068$722.4K0.04%00.0%Unchanged
Diametric Capital, LP57,499$592.8K0.16%−999−1.7%Reduced
Morgan Stanley50,561$521.3K0.00%−130.0%Reduced
Citadel Advisors LLC49,393$509.2K0.00%−99,289−66.8%Reduced
HRT Financial LP42,050$433.0K0.00%+31,069+282.9%Added
BNP Paribas Arbitrage, SA40,503$417.6K0.00%+40,503New
JPMorgan Chase & Co25,431$262.4K0.00%−24,442−49.0%Reduced
Geode Capital Management, LLC21,524$221.9K0.00%+6,408+42.4%Added
Virtu Financial LLC18,562$191.0K0.01%−9,026−32.7%Reduced
Prelude Capital Management, LLC14,555$150.1K0.01%00.0%Unchanged
Mann Financial Group, Inc.12,450$128.4K0.12%00.0%Unchanged
Huntington National Bank3,001$30.9K0.00%+500+20.0%Added
Purpose Unlimited Inc.2,800$28.8K0.00%+2,800New
Royal Bank of Canada1,975$20.0K0.00%+1,975New
Central Trust Co1,000$10.3K0.00%+1,000New
The PNC Financial Services Group, Inc.975$10.1K0.00%+975New
FNY Investment Advisers, LLC990$10.0K0.00%+192+24.1%Added
Advisor Group Holdings, Inc.600$6.19K0.00%00.0%Unchanged
Glass Jacobson Investment Advisors llc582$6.00K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC250$2.58K0.00%00.0%Unchanged
Creative Capital Management Investments LLC100$1.03K0.00%+100New
Two Sigma Investments, LP0$00.00%−664,583−100.0%Sold out
Rivernorth Capital Management, LLC0$00.00%−506,216−100.0%Sold out
Sculptor Capital LP0$00.00%−250,000−100.0%Sold out
Commonwealth of Pennsylvania Public School Empls Retrmt Sys0$00.00%−200,000−100.0%Sold out
Bulldog Investors, LLP0$00.00%−100,000−100.0%Sold out
Steadfast Capital Management LP0$00.00%−80,000−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−50,069−100.0%Sold out
Caitlin John, LLC0$00.00%−1,600−100.0%Sold out
Stone House Investment Management, LLC0$00.00%−100−100.0%Sold out
UBS Oconnor LLC––––Not filed
Global Retirement Partners, LLC––––Not filed