| 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 | |||
| METEORA CAPITAL, LLC | 13% | $30,461,123 | 2,974,719 | Meteora Capital, LLC | 31 Dec 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 31 Dec 2025, 64 institutional investors reported holding 27,390,229 shares of Armada Acquisition Corp. II - Class A Common Stock (XRPN). This represents 116% of the company’s total 23,709,930 outstanding shares.
The largest institutional shareholders of Armada Acquisition Corp. II - Class A Common Stock (XRPN) together control 100% 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 |
|---|---|---|---|---|---|
| Arrington Capital Management, LLC | 24% | 5,796,000 | 0% | 65% | $59,351,040 |
| METEORA CAPITAL, LLC | 13% | 2,974,719 | +67% | 2.6% | $30,461,123 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 9.2% | 2,185,000 | +46% | 0.32% | $22,374,400 |
| AQR Arbitrage LLC | 4.7% | 1,103,854 | -0.41% | 0.24% | $11,303,465 |
| Pantera Capital Partners LP | 4.2% | 1,000,000 | 4.5% | $10,240,000 | |
| TORONTO DOMINION BANK | 3.6% | 850,000 | +49% | 0.02% | $8,704,000 |
| Westchester Capital Management, LLC | 3.5% | 833,400 | +32% | 0.4% | $8,534,015 |
| Magnetar Financial LLC | 3.4% | 814,266 | 0% | 0.08% | $8,338,084 |
| LMR Partners LLP | 3.4% | 800,000 | 0% | 0.08% | $8,192,000 |
| Linden Advisors LP | 3.4% | 800,000 | 0% | 0.05% | $8,192,000 |
| TWO SIGMA INVESTMENTS, LP | 2.8% | 664,583 | 0% | 0.01% | $6,805,330 |
| Polar Asset Management Partners Inc. | 2.5% | 600,000 | 0% | 0.12% | $6,144,000 |
| BERKLEY W R CORP | 2.3% | 551,981 | +62% | 0.32% | $5,652,285 |
| Karpus Management, Inc. | 2.3% | 547,500 | 0% | 0.17% | $5,606,400 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 2.1% | 506,216 | -0.02% | 0.25% | $5,183,652 |
| ARISTEIA CAPITAL, L.L.C. | 2.1% | 500,000 | 0% | 0.15% | $5,120,000 |
| Radcliffe Capital Management, L.P. | 2% | 466,789 | -2.6% | 0.26% | $4,779,919 |
| First Trust Capital Management L.P. | 1.9% | 458,864 | -8.2% | 0.29% | $4,698,767 |
| MILLENNIUM MANAGEMENT LLC | 1.8% | 432,250 | +45% | 0% | $4,426,240 |
| GOLDMAN SACHS GROUP INC | 1.5% | 365,976 | -0.1% | 0% | $3,747,594 |
| Context Capital Management, LLC | 1.5% | 350,000 | 0% | 0.09% | $3,584,000 |
| Clear Street Group Inc. | 1.2% | 291,625 | +932% | 0.02% | $2,986,240 |
| Sculptor Capital LP | 1.1% | 250,000 | 0.03% | $2,560,000 | |
| SkyView Investment Advisors, LLC | 1.1% | 250,000 | 0.32% | $2,560,000 | |
| Mint Tower Capital Management B.V. | 1.1% | 250,000 | 0% | 0.32% | $2,560,000 |