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

Q: What does CUSIP G0R38G104 represent in this 13F holders report?

CUSIP G0R38G104 is the security identifier for XRPN - Armada Acquisition Corp. II - Class A ordinary share, par value $0.0001 per share used to aggregate holder disclosures.

Q: How many institutions held XRPN - Armada Acquisition Corp. II - Class A ordinary share, par value $0.0001 per share in Q4 2025?

64 institutional investors reported XRPN - Armada Acquisition Corp. II - Class A ordinary share, par value $0.0001 per share for Q4 2025. Use the holders table for investor-level position and value details.

CUSIP: G0R38G104

Q4 2025 13F Holders as of 31 Dec 2025

Security type / class: Equity / Class A ordinary share, par value $0.0001 per share
Total 13F shares: 26,417,817
Total 13F value: $270,517,663
Share change: +684,651
SEC-reported price per share: $10.24
Number of holders: 64
Value change: +$6,477,305
Number of buys: 32
Number of sells: 19
Shares outstanding: 23,725,673

Security key

G0R38G104

Report period

Q4 2025

Institutions

Top holders

XRPN full security history Ownership snapshot Full 13F holder table Newer quarter: Q1 2026 Previous quarter: Q3 2025 Armada Acquisition Corp. II SEC filings Armada Acquisition Corp. II company facts

Broader feeds

Latest 13F filings Latest 13D/G filings Investors directory

Reporting periods

Holder history for CUSIP G0R38G104

Newer quarter: Q1 2026 Previous quarter: Q3 2025

Recent filing periods:

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Ownership snapshot

Top reported holders of XRPN - Armada Acquisition Corp. II - Class A ordinary share, par value $0.0001 per share (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader

Arrington XRP Capital Fun...

Disclosed value leader

Arrington XRP Capital Fun...

Comparable rows

15/15

Latest evidence

31 Dec 2025

13D/G 3/4/5 13F Lead comparable stake: 26% 13D/G row: Arrington XRP Capital Fund, LP Showing 1-6 of 15 holder rows.

Quick read

Arrington XRP Capital Fund, LP leads the comparable SEC ownership view at 26%.

15 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens Arrington XRP Capital Fund, LP's linked filing trail.

Comparable ownership Top 5

Arrington XRP Capital Fund, LP 26%

TENOR CAPITAL MANAGEMENT Co., L.P. 9.2%

AQR CAPITAL MANAGEMENT LLC 4.7%

Armada Sponsor II LLC 1.7%

Jack Michael Arrington 1.7%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-6 of 15 holder rows

Holder	Evidence	Ownership %	Position	12M Net Δ	As of
Arrington XRP Capital Fund, LP	13D/G 3/4/5 10%+ Owner 13D/G 3/4/5	26%	$83,131,200 8,280,000 shares	$0	28 Aug 2025
TENOR CAPITAL MANAGEMENT Co., L.P.	13D/G 13F Tenor Capital Management Company, L.P. · Company 13D/G 13F	9.2%	$23,160,563 2,185,000 shares	+$7,260,863	31 Dec 2025
AQR CAPITAL MANAGEMENT LLC	13D/G 13D/G	4.7%	$11,564,858 1,108,382 shares	-$4,082,313	30 Sep 2025
Armada Sponsor II LLC	3/4/5 10%+ Owner 3/4/5	1.7%	$4,016,000 400,000 shares	—	12 Aug 2025
Jack Michael Arrington	3/4/5 Director, 10%+ Owner 3/4/5	1.7%	$4,016,000 400,000 shares	—	28 Aug 2025
TWO SIGMA INVESTMENTS, LP	13F Company 13F	2.8%	$6,934,259 664,583 shares	—	30 Sep 2025

How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions

26,417,817

Rows available

Investor	Option	Weight %	Change %	SEC-reported value	* Price	Shares	Share Change	Activity	Report Period

^* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders

Q4 2025 holders

Holder diff

Investor	Q3 2025 Shares	Q4 2025 Shares	Share Diff	Share Chg %	Q3 2025 value	Q4 2025 value	Value change	Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend

Quarterly Value Trend

Quarterly Shares Trend