Armada Acquisition Corp II
XRPN
66 hedge funds and large institutions have $271M invested in Armada Acquisition Corp II in 2026 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
3% more funds holding
Funds holding: 64 → 66 (+2)
1.38% more ownership
Funds ownership: 108.32% → 109.7% (+1.4%)
2% more capital invested
Capital invested by funds: $265M → $271M (+$6.21M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.22M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$3.29M |
| 3 |
RC
RLH Capital
Great Neck,
New York
|
+$3.06M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$2.79M |
| 5 |
QL
Quarry LP
New York
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$3.07M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$2.59M |
| 3 |
DAM
DLD Asset Management
New York
|
-$1.81M |
| 4 |
Walleye Capital
New York
|
-$1.44M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.24M |
XRPN Hedge Fund Activity: Q2 2026 in Review
66 of the 8,325 institutional investors tracked by Wall St. Rank reported a position in Armada Acquisition Corp II (XRPN) for Q2 2026, worth a combined $271M — up 2.3% from $265M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new XRPN positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 18 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $5.22M. The largest seller was Meteora Capital, cutting an estimated $3.07M.
- 66 institutional investors held Armada Acquisition Corp II (XRPN) as of Q2 2026, up from 64 in Q1 2026.
- Funds reported $271M of Armada Acquisition Corp II stock for Q2 2026, up 2.3% quarter-over-quarter.
- 6 funds opened new Armada Acquisition Corp II positions in Q2 2026 and 3 closed out, a net change of +3 holders.
- The largest Armada Acquisition Corp II buyer in Q2 2026 was Rivernorth Capital Management, an estimated $5.22M added.
- The largest Armada Acquisition Corp II seller in Q2 2026 was Meteora Capital, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2026.