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XRPNU

Armada Acquisition Corp II Units
XRPNU

31 hedge funds and large institutions have $96.9M invested in Armada Acquisition Corp II Units in 2025 Q2 according to their latest regulatory filings, with 31 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

46.02% more ownership

Funds ownership: 0% → 46.02% (+46%)

Holders
31
Holders Change
+31
Holders Change %
–
% of All Funds
0.41%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
31
Increased
–
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
TCM
Tenor Capital Management
New York
+$15.1M
2
AA
AQR Arbitrage
Connecticut
+$15.1M
3
WCMNY
Westchester Capital Management (New York)
New York
+$8.58M
4
WC
Wealthspring Capital
New York
+$5.89M
5
RCM
Rivernorth Capital Management
Florida
+$5.11M

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
RAM
26
Readystate Asset Management
Illinois
$1.02M +$1.01M +100,000 New
SCM
27
Steadfast Capital Management
New York
$817K +$808K +80,000 New
WAM
28
Warberg Asset Management
Illinois
$306K +$303K +30,000 New
UBS Group
29
UBS Group
Switzerland
$15.3K +$15.1K +1,500 New
National Bank of Canada
30
National Bank of Canada
Quebec, Canada
$254 +$273 +27 New
MF
31
Magnetar Financial
Illinois
$31 +$30 +3 New
1
2

XRPNU Hedge Fund Activity: Q2 2025 in Review

31 of the 7,604 institutional investors tracked by Wall St. Rank reported a position in Armada Acquisition Corp II Units (XRPNU) for Q2 2025, worth a combined $96.9M.

Buyers outnumbered sellers: 31 funds opened new XRPNU positions and 0 closed out — a net gain of 31 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Tenor Capital Management, opening a new position worth an estimated $15.1M.

  • 31 institutional investors held Armada Acquisition Corp II Units (XRPNU) as of Q2 2025, up from 0 in Q1 2025.
  • Funds reported $96.9M of Armada Acquisition Corp II Units stock for Q2 2025.
  • 31 funds opened new Armada Acquisition Corp II Units positions in Q2 2025 and 0 closed out, a net change of +31 holders.
  • The largest Armada Acquisition Corp II Units buyer in Q2 2025 was Tenor Capital Management, an estimated $15.1M added.

Based on aggregated 13F filings for Q2 2025.