XRPN · Armada Acquisition Corp. II · Holdings

$10.55 +0.00 (+0.00%) At close · Sep 11

Market Cap

$333.27M

31.59M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 74

Total Value: $272,128,606

Total Shares: 32,806,724

Showing 1–100 of 101 holdings by value · page 1 of 2

Institutional Ownership Trend

5 quarters

Holder Concentration

Across 74 13F filers · Δ vs Mar 31, 2026

Top Holder

22.2%

+0.2 pts

Top 5

47.0%

−0.6 pts

Top 10

62.4%

+0.1 pts

HHI

763

Broadly held+7

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -3

Institutional value: -0.0%

Shares held: -5.5%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mid RIVERNORTH CAPITAL MANAGEMENT, LLC	+502,222	755,388
Mid MIZUHO SECURITIES USA LLC	+316,650	774,922
Small RLH Capital LLC	+294,470	757,278
Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC	+268,424	543,153
Mid Quarry LP	+175,000	482,137

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Small METEORA CAPITAL, LLC	−318,976	1,985,659
Mid Karpus Management, Inc.	−305,175	253,925
Small O'Connor Alternative Investments LLC	−300,000	150,000
Small Context Capital Management, LLC	−225,000	350,000
Large TORONTO DOMINION BANK	−216,529	293,471

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Crossingbridge Advisors, LLC	110,000	$1,146,200
Mega Qube Research & Technologies Ltd	22,642	$235,929
Mid Western Wealth Management, LLC	11,465	$119,465
Mid Global Retirement Partners, LLC	50	$521

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Small SkyView Investment Advisors, LLC	250,000	$2,577,500
Small Diametric Capital, LP	57,499	$592,814
Mid PRELUDE CAPITAL MANAGEMENT, LLC	14,555	$150,062
Small Wealthspring Capital LLC	290,865	$0
Small Harraden Circle Investments, LLC	487,579	$0

Filter: New 4 Increased 12 Reduced 24 Sold out 7 Unchanged 34

Showing 100 of 101

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Arrington Capital Management, LLC

$60,394,320

22.19%

5,796,000

TENOR CAPITAL MANAGEMENT Co., L.P.

$22,767,700

8.37%

2,185,000

METEORA CAPITAL, LLC

$20,690,566

7.60%

1,985,659

BERKLEY W R CORP

$12,855,518

4.72%

1,233,735

AQR Arbitrage LLC

$11,126,507

4.09%

1,067,803

Westchester Capital Management, LLC

$8,684,027

3.19%

833,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WESTCHESTER CAPITAL PARTNERS, LLC	6,747	$70,303	0.8%	Sole
Virtus Investment Advisers, LLC	760,910	$7,928,682	91.3%	Other
Held directly	65,743	$685,042	7.9%	Sole

Magnetar Financial LLC

$8,484,651

3.12%

814,266

Linden Advisors LP

$8,336,000

3.06%

800,000

LMR Partners LLP

$8,336,000

3.06%

800,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
LMR PARTNERS (DIFC) Ltd	800,000	$8,336,000	100.0%	Sole

MIZUHO SECURITIES USA LLC

$8,074,687

2.97%

774,922

RLH Capital LLC

$7,890,836

2.90%

757,278

Polar Asset Management Partners Inc.

$6,625,400

2.43%

635,835

WOLVERINE ASSET MANAGEMENT LLC

$5,903,628

2.17%

566,567

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	566,567	$5,903,628	100.0%	Defined

HIGHBRIDGE CAPITAL MANAGEMENT LLC

$5,659,654

2.08%

543,153

RIVERNORTH CAPITAL MANAGEMENT, LLC

$5,233,153

1.92%

502,222

ARISTEIA CAPITAL, L.L.C.

$5,210,000

1.91%

500,000

Quarry LP

$5,023,867

1.85%

482,137

Radcliffe Capital Management, L.P.

$4,833,264

1.78%

463,845

First Trust Capital Management L.P.

$4,781,362

1.76%

458,864

MILLENNIUM MANAGEMENT LLC

$4,739,537

1.74%

454,850

GOLDMAN SACHS GROUP INC

$3,813,469

1.40%

365,976

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	365,976	$3,813,469	100.0%	Defined

Context Capital Management, LLC

$3,647,000

1.34%

350,000

Shaolin Capital Management LLC

$2,786,235

1.02%

267,393

Karpus Management, Inc.

$2,645,898

0.97%

253,925

TORONTO DOMINION BANK

$2,607,865

0.96%

250,275

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES (USA) LLC	250,275	$2,607,865	100.0%	Defined

Mint Tower Capital Management B.V.

$2,605,000

0.96%

250,000

COMMONWEALTH EQUITY SERVICES, LLC

$2,224,482

0.82%

213,482

WHITEBOX ADVISORS LLC

$2,084,000

0.77%

200,000

PICTON MAHONEY ASSET MANAGEMENT

$2,084,000

0.77%

200,000

MOORE CAPITAL MANAGEMENT, LP

$2,084,000

0.77%

200,000

GLAZER CAPITAL, LLC

$1,910,694

0.70%

183,368

HEIGHTS CAPITAL MANAGEMENT, INC

$1,843,152

0.68%

176,886

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CVI Investments, Inc.	176,886	$1,843,152	100.0%	Other

Cable Car Capital, LP

$1,563,000

0.57%

150,000

O'Connor Alternative Investments LLC

$1,563,000

0.57%

150,000

Hudson Bay Capital Management LP

$1,245,856

0.46%

119,564

Crossingbridge Advisors, LLC

$1,146,200

0.42%

110,000

Cambridge Investment Research Advisors, Inc.

$1,123,724

0.41%

107,843

READYSTATE ASSET MANAGEMENT LP XRPNU

$1,070,128

0.39%

99,086

Verition Fund Management LLC

$1,056,212

0.39%

101,364

CITIGROUP INC

$937,800

0.34%

90,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	90,000	$937,800	100.0%	Defined

Periscope Capital Inc.

$883,616

0.32%

84,800

Clear Street Group Inc.

$882,834

0.32%

84,725

BOOTHBAY FUND MANAGEMENT, LLC

$871,737

0.32%

83,660

CSS LLC/IL

$730,108

0.27%

70,068

MORGAN STANLEY

$526,626

0.19%

50,540

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	49	$510	0.1%	Defined
MORGAN STANLEY SMITH BARNEY LLC	50,491	$526,116	99.9%	Defined

BNP PARIBAS ARBITRAGE, SA

$422,041

0.16%

40,503

HRT FINANCIAL LP

$366,523

0.13%

35,175

DLD Asset Management, LP

$260,500

0.10%

25,000

Qube Research & Technologies Ltd

$235,929

0.09%

22,642

GEODE CAPITAL MANAGEMENT, LLC

$224,280

0.08%

21,524

JPMORGAN CHASE & CO

$207,295

0.08%

19,894

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	19,894	$207,295	100.0%	Defined

Virtu Financial LLC

$195,270

0.07%

18,740

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Virtu Americas LLC	18,740	$195,270	100.0%	Defined

CITADEL ADVISORS LLC

$190,717

0.07%

18,303

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	18,303	$190,717	100.0%	Defined

Mann Financial Group, Inc.

$129,729

0.05%

12,450

Western Wealth Management, LLC

$119,465

0.04%

11,465

OSAIC HOLDINGS, INC.

$32,302

0.01%

3,100

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	3,100	$32,302	100.0%	Defined

HUNTINGTON NATIONAL BANK

$31,270

0.01%

3,001

Purpose Unlimited Inc.

$29,176

0.01%

2,800

ROYAL BANK OF CANADA

$20,579

0.01%

1,975

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	975	$10,159	49.4%	Defined
RBC Dominion Securities Inc.	1,000	$10,420	50.6%	Defined

Clear Street Group Inc. XRPNU

$20,001

0.01%

1,852

UBS Group AG XRPNU

$12,506

0.00%

1,158

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	1,158	$12,506	100.0%	Defined

FNY Investment Advisers, LLC

$12,504

0.00%

1,200

CENTRAL TRUST Co

$10,420

0.00%

1,000

PNC FINANCIAL SERVICES GROUP, INC.

$10,159

0.00%

975

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	975	$10,159	100.0%	Defined

Glass Jacobson Investment Advisors llc

$6,064

0.00%

582

EverSource Wealth Advisors, LLC

$2,605

0.00%

250

Creative Capital Management Investments LLC

$1,042

0.00%

100

Global Retirement Partners, LLC

$521

0.00%

NATIONAL BANK OF CANADA /FI/ XRPNU

$291

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
National Bank Financial Inc.	27	$291	100.0%	Defined

UBS Group AG

$104

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Europe SE	10	$104	100.0%	Defined

Shaolin Capital Management LLC XRPNW

—

293,200

TORONTO DOMINION BANK XRPNW

—

43,196

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES (USA) LLC	43,196	$0	—	Defined

WHITEBOX ADVISORS LLC XRPNW

—

100,000

AQR Arbitrage LLC XRPNW

—

556,426

ARISTEIA CAPITAL, L.L.C. XRPNW

—

561,206

Clear Street Group Inc. XRPNW

—

152,897

Saba Capital Management, L.P. XRPNW

—

183,597

Linden Advisors LP XRPNW

—

681,000

CITADEL ADVISORS LLC XRPNW

—

100,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	100,000	$0	—	Defined

Westchester Capital Management, LLC XRPNW

—

100,055

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WESTCHESTER CAPITAL PARTNERS, LLC	826	$0	—	Sole
Virtus Investment Advisers, LLC	89,995	$0	—	Other
Held directly	9,234	$0	—	Sole

BNP PARIBAS ARBITRAGE, SA XRPNW

—

183,174

LMR Partners LLP XRPNW

—

285,704

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
LMR PARTNERS (DIFC) Ltd	285,704	$0	—	Sole

Polar Asset Management Partners Inc. XRPNW

—

300,000

Cable Car Capital, LP XRPNW

—

75,000

RIVERNORTH CAPITAL MANAGEMENT, LLC XRPNW

—

253,166

Magnetar Financial LLC XRPNW

—

341,200

Skaana Management L.P. XRPNW

—

16,025

MILLENNIUM MANAGEMENT LLC XRPNW

—

75,000

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND XRPNW

—

350,000

Mint Tower Capital Management B.V. XRPNW

—

125,000

Verition Fund Management LLC XRPNW

—

104,463

Periscope Capital Inc. XRPNW

—

90,000

Hudson Bay Capital Management LP XRPNW

—

241,707

Radcliffe Capital Management, L.P. XRPNW

—

99,984

TENOR CAPITAL MANAGEMENT Co., L.P. XRPNW

—

750,000

BERKLEY W R CORP XRPNW

—

56,081

Walleye Capital LLC XRPNW

—

75,000

Sculptor Capital LP XRPNW

—

94,665

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Sculptor Capital II LP joint	94,665	$0	—	Sole

Arrington Capital Management, LLC XRPNW

—

140,000

MOORE CAPITAL MANAGEMENT, LP XRPNW

—

100,000

Key facts CIK 2044009 CUSIP G0R38G104 13F (30d) 46 filings 46 filers Visit website