TCM
XRPNU

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

Tenor 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
-1,500,000
Closed -$15.3M – 420
2025
Q2 		$15.3M Buy
+1,500,000
New +$15.1M 0.21% 101

Other funds holding XRPNU

WCMNY
Westchester Capital Management (New York) Valhalla, New York $2.04B AUM 31.03% 1-Year Est. Return
KIM
Karpus Investment Management Pittsford, New York $3.48B AUM 10.49% 1-Year Est. Return
CS
Clear Street New York $39.5B AUM 124.03% 1-Year Est. Return
Walleye Capital
Walleye Capital New York $28B AUM 44.22% 1-Year Est. Return
RAM
Readystate Asset Management Chicago, Illinois $2.93B AUM 18.57% 1-Year Est. Return
QL
Quarry LP New York $1.2B AUM 47.63% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return
Toronto Dominion Bank
Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $86.4B AUM 59.51% 1-Year Est. Return
National Bank of Canada
National Bank of Canada Montreal, Quebec, Canada $140B AUM 46.34% 1-Year Est. Return

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

Tenor Capital Management sold out of Armada Acquisition Corp II Units (XRPNU) in Q3 2025, closing a stake of 1,500,000 shares — an estimated $15.3M sold.

Tenor Capital Management first reported a position in XRPNU in Q2 2025 and held it in 1 quarter. The position peaked at $15.3M in Q2 2025. 9 funds tracked by Wall St. Rank hold XRPNU as of Q3 2025.

  • Tenor Capital Management reported no remaining Armada Acquisition Corp II Units position as of Q3 2025 after selling out during the quarter.
  • Tenor Capital Management sold 1,500,000 Armada Acquisition Corp II Units shares in Q3 2025, an estimated $15.3M.
  • Tenor Capital Management first reported a position in Armada Acquisition Corp II Units in Q2 2025 and held it in 1 quarter.
  • Tenor Capital Management's Armada Acquisition Corp II Units position peaked at $15.3M in Q2 2025.
  • 9 funds tracked by Wall St. Rank held Armada Acquisition Corp II Units as of Q3 2025.

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