A
Armada Acquisition Corp. II Class A Ordinary Shares
XRPN • NASDAQ
Armada Acquisition Corp. II Class A Ordinary Shares is a publicly traded company on NASDAQ, with a market cap of $321.9M. As of Q3 2025, 36 institutional investors hold shares in this company, with total holdings valued at $151.2M. Meteora Capital, LLC is the largest holder with a position valued at $18.6M.
Market Cap$321.9M
Overview
Overview of institutional ownership in XRPN as of Q3 2025
All Institutions
- Institutions
- 36
- Value Held
- $151.2M
- Shares Held
- 14.5M
- Avg Position
- $4.2M
- Median Position
- $3.1M
Hedge Funds
- Hedge Funds
- 22
- Value Held
- $114.0M
- Shares Held
- 10.9M
- Avg Position
- $5.2M
- Median Position
- $3.7M
Biggest Investors
Institutions with the largest positions in XRPN as of Q3 2025
| Institution | Position Value |
|---|---|
 Meteora Capital, LLC Hedge Fund•Event Driven | $18.6M 2.47% of portfolio |
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | $13.1M 2.75% of portfolio |
 CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $11.6M 0.43% of portfolio |
 Magnetar Financial LLC Hedge Fund•Multi-Strategy | $8.5M 0.06% of portfolio |
L LMR Partners LLP Institution | $8.3M 0.16% of portfolio |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $6.9M 0.01% of portfolio |
 Westchester Capital Management, LLC Hedge Fund•Merger Arb | $6.6M 0.36% of portfolio |
 Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | $6.4M 0.04% of portfolio |
 Polar Securities Inc. Hedge Fund•Multi-Strategy | $6.3M 0.19% of portfolio |
 TORONTO DOMINION BANK Institution | $5.9M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for XRPN in Q3 2025
- Traded
- +$151.2M
- Buyers
- 36
- Sellers
- 0
- Total Bought
- +$151.2M
- Total Sold
- −-
- Avg Position
- $4.2M
Biggest Buyers
| Institution | Net Bought |
|---|---|
Meteora Capital, LLC Hedge Fund•Event Driven | +$18.6M +1.8M shares |
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | +$13.1M +1.3M shares |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | +$11.6M +1.1M shares |
Magnetar Financial LLC Hedge Fund•Multi-Strategy | +$8.5M +814.3K shares |
L LMR Partners LLP Institution | +$8.3M +800.0K shares |
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$6.9M +664.6K shares |
Westchester Capital Management, LLC Hedge Fund•Merger Arb | +$6.6M +633.4K shares |
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | +$6.4M +614.0K shares |
Polar Securities Inc. Hedge Fund•Multi-Strategy | +$6.3M +600.0K shares |
TORONTO DOMINION BANK Institution | +$5.9M +568.7K shares |
Biggest Sellers
| Institution | Net Sold | |
|---|---|---|
| No sellers found | ||
Entry and Exit Activity
Institutions that initiated new positions or completely exited XRPN in Q3 2025
- New Positions
- 36
- New Value
- $151.2M
- Exited Positions
- 0
- Exited Value
- -
New Positions
| Institution | Position Value |
|---|---|
Meteora Capital, LLC Hedge Fund•Event Driven | $18.6M 1.8M shares |
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | $13.1M 1.3M shares |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $11.6M 1.1M shares |
Magnetar Financial LLC Hedge Fund•Multi-Strategy | $8.5M 814.3K shares |
L LMR Partners LLP Institution | $8.3M 800.0K shares |
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $6.9M 664.6K shares |
Westchester Capital Management, LLC Hedge Fund•Merger Arb | $6.6M 633.4K shares |
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | $6.4M 614.0K shares |
Polar Securities Inc. Hedge Fund•Multi-Strategy | $6.3M 600.0K shares |
TORONTO DOMINION BANK Institution | $5.9M 568.7K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
| No exited positions found | |
Options Activity
Institutions with the largest Call and Put options positions in XRPN as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with XRPN as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | 2.75% $13.1M |
Meteora Capital, LLC Hedge Fund•Event Driven | 2.47% $18.6M |
 Context Capital Management, LLC Hedge Fund•Convert Bond Arb | 1.94% $3.7M |
 Cable Car Capital LLC Hedge Fund•Long/Short | 1.31% $1.6M |
 Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | 1.11% $5.0M |
 PERISCOPE CAPITAL INC. Institution | 0.86% $3.1M |
A ATW SPAC MANAGEMENT LLC Institution | 0.81% $495.6K |
H HEIGHTS CAPITAL MANAGEMENT, INC Institution | 0.71% $2.0M |
 Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | 0.70% $3.1M |
 DLD Asset Management, LP Hedge Fund•Multi-Strategy | 0.52% $3.7M |
Hedge Fund Spotlight
Discover hedge funds investing in XRPN
TWO SIGMA INVESTMENTS LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerScott David Hoffman
- Portfolio Value
- $62.0B
- Positions
- 3,252
- Last Reported
- Q3 2025
Sector Allocation
A
Position in Armada Acquisition Corp. II Class A Ordinary Shares
- Market Value
- $6.9M
- Shares Held
- 664.6K
- Portfolio Weight
- 0.01%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $680.4M | 1.10% | |
ETF ETF | $582.6M | 0.94% | |
ETF ETF | $489.6M | 0.79% |
