HCM
XRPNU

Heights Capital Management’s Armada Acquisition Corp II Units XRPNU Stock Holding History

Heights Capital Management’s Portfolio XRPNU Stock Details XRPNU Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		– Sell
-200,000
Closed -$2.04M – 227
2025
Q2 		$2.04M Buy
+200,000
New +$2.02M 0.54% 35

Other funds holding XRPNU

WCMNY
Westchester Capital Management (New York) Valhalla, New York $2.21B AUM 26.02% 1-Year Est. Return
KIM
Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return
CS
Clear Street New York $24.6B AUM 56.25% 1-Year Est. Return
Walleye Capital
Walleye Capital New York $28B AUM 44.22% 1-Year Est. Return
RAM
Readystate Asset Management Chicago, Illinois $2.23B AUM 15.01% 1-Year Est. Return
QL
Quarry LP New York $558M AUM 23.81% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return
Toronto Dominion Bank
Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $69.7B AUM 40.86% 1-Year Est. Return
National Bank of Canada
National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return

Heights Capital Management's XRPNU Position: Q3 2025 in Review

Heights Capital Management sold out of Armada Acquisition Corp II Units (XRPNU) in Q3 2025, closing a stake of 200,000 shares — an estimated $2.04M sold.

Heights Capital Management first reported a position in XRPNU in Q2 2025 and held it in 1 quarter. The position peaked at $2.04M in Q2 2025. 9 funds tracked by Wall St. Rank hold XRPNU as of Q3 2025.

  • Heights Capital Management reported no remaining Armada Acquisition Corp II Units position as of Q3 2025 after selling out during the quarter.
  • Heights Capital Management sold 200,000 Armada Acquisition Corp II Units shares in Q3 2025, an estimated $2.04M.
  • Heights Capital Management first reported a position in Armada Acquisition Corp II Units in Q2 2025 and held it in 1 quarter.
  • Heights Capital Management's Armada Acquisition Corp II Units position peaked at $2.04M in Q2 2025.
  • 9 funds tracked by Wall St. Rank held Armada Acquisition Corp II Units as of Q3 2025.

Based on Heights Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.