Armada Acquisition Corp. II - Class A ordinary shares, par value $0.0001 per share (XRPN) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2025 to Q4 2025

Type / Class
Equity / Class A ordinary shares, par value $0.0001 per share
Symbol
XRPN on Nasdaq
Shares outstanding
23,734,090
Price per share
$10.24
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
20,175,933
Total reported value
$210,494,555
% of total 13F portfolios
0%
Share change
+7,337,533
Value change
+$76,991,753
Number of holders
50
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Armada Acquisition Corp. II - Class A ordinary shares, par value $0.0001 per share (XRPN) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Arrington XRP Capital Fund, LP 26% $83,131,200 8,280,000 Arrington XRP Capital Fund, LP 28 Aug 2025
Harraden Circle Investments, LLC 5.1% $12,116,272 1,206,800 Harraden Circle Investments, LLC 09 Sep 2025
AQR CAPITAL MANAGEMENT LLC 4.7% -28% $11,564,858 -$4,082,313 1,108,382 -26% AQR Capital Management, LLC 30 Sep 2025

As of 30 Sep 2025, 50 institutional investors reported holding 20,175,933 shares of Armada Acquisition Corp. II - Class A ordinary shares, par value $0.0001 per share (XRPN). This represents 85% of the company’s total 23,734,090 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Armada Acquisition Corp. II - Class A ordinary shares, par value $0.0001 per share (XRPN) together control 71% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
METEORA CAPITAL, LLC 7.5% 1,781,085 2% $18,583,841
TENOR CAPITAL MANAGEMENT Co., L.P. 6.3% 1,500,000 0.21% $15,651,000
Harraden Circle Investments, LLC 5.3% 1,256,800 2.6% $13,113,451
AQR Arbitrage LLC 4.7% 1,108,382 0.29% $11,571,508
Magnetar Financial LLC 3.4% 814,266 0% 0.05% $8,500,937
LMR Partners LLP 3.4% 800,000 0% 0.11% $8,347,200
Linden Advisors LP 3.4% 800,000 0% 0.06% $8,352,000
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 2.9% 700,000 0% 0.01% $7,308,000
TWO SIGMA INVESTMENTS, LP 2.8% 664,583 0% 0.01% $6,934,259
Westchester Capital Management, LLC 2.7% 633,400 +153% 0.34% $6,612,696
Hudson Bay Capital Management LP 2.6% 614,000 0% 0.04% $6,410,160
Polar Asset Management Partners Inc. 2.5% 600,000 0% 0.13% $6,260,400
TORONTO DOMINION BANK 2.4% 568,700 +127% 0.01% $5,933,816
Karpus Management, Inc. 2.3% 547,500 0.18% $5,712,615
RIVERNORTH CAPITAL MANAGEMENT, LLC 2.1% 506,333 0.3% $5,283,079
ARISTEIA CAPITAL, L.L.C. 2.1% 500,000 0% 0.16% $5,217,000
First Trust Capital Management L.P. 2.1% 500,000 0% 0.34% $5,217,000
Wealthspring Capital LLC 2.1% 486,740 1.2% $5,078,645
Radcliffe Capital Management, L.P. 2% 479,191 -10% 0.31% $4,999,879
GOLDMAN SACHS GROUP INC 1.5% 366,348 0% $3,822,475
Context Capital Management, LLC 1.5% 350,000 -12% 0.25% $3,651,900
BERKLEY W R CORP 1.4% 340,390 +17% 0.23% $3,551,629
Periscope Capital Inc. 1.3% 300,000 +50% 0.76% $3,130,200
Shaolin Capital Management LLC 1.3% 300,000 -45% 0.15% $3,130,200
MILLENNIUM MANAGEMENT LLC 1.3% 298,504 0% $3,114,591

Institutional Holders of Armada Acquisition Corp. II - Class A ordinary shares, par value $0.0001 per share (XRPN) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 1,480 $14,984 +$14,984 $10.24 3
2025 Q3 20,175,933 $210,494,555 +$76,991,753 $10.43 50
2025 Q2 12,815,138 $128,620,743 +$121,524,512 $10.05 33