ARMADA ACQUISITION -CLASS A XRPN

US Financials Blank Checks
$10.45
0.0%
52w: $10.15 – $10.50

Latest 13F among current holders filed 7 days ago (Aug 26, 2026)

Price — last 12 months

research preview data
10.1510.3210.50
Aug 18, 2025 Jul 2, 2026
Institutional holders
64
+0 QoQ
13F value
$264.8M
-2.1% QoQ
Smart-money holders
7
signal tier ≥ 2
New smart buyers
0
Q1 2026

Institutional value by quarter

$128.6M
Q2 2025
$211.0M
Q3 2025
$270.5M
Q4 2025
$264.8M
Q1 2026

Number of holders

34
Q2 2025
49
Q3 2025
64
Q4 2025
64
Q1 2026

Who owns XRPN?

Q1 2026 filings
FundTypeSharesValue% of fundChange
Arrington Capital Management, LLC ★3Fundamental concentrated5.8M$59.8MHeld
METEORA CAPITAL, LLC Quant stat arb2.3M$23.5M-23.3%
TENOR CAPITAL MANAGEMENT Co., L.P. Other2.2M$22.5MHeld
BERKLEY W R CORP ★2Fundamental diversified1.2M$12.7M+123.5%
AQR Arbitrage LLC Other1.1M$10.9M-4.3%
Westchester Capital Management, LLC Other833.4K$8.6MHeld
Magnetar Financial LLC Quant stat arb814.3K$8.4MHeld
LMR Partners LLP Quant stat arb800.0K$8.2M0.1%Held
Linden Advisors LP Other800.0K$8.2MHeld
Polar Asset Management Partners Inc. Quant stat arb635.8K$6.6M+6.0%
WOLVERINE ASSET MANAGEMENT LLC Market maker574.0K$5.9M+455.7%
ARISTEIA CAPITAL, L.L.C. Quant stat arb500.0K$5.2MHeld
TORONTO DOMINION BANK Bank broker500.0K$5.2M0.0%-41.2%
Radcliffe Capital Management, L.P. Quant stat arb466.8K$4.8MHeld
RLH Capital LLC ★2Fundamental diversified462.8K$4.8M
First Trust Capital Management L.P. Quant stat arb458.9K$4.7MHeld
MILLENNIUM MANAGEMENT LLC Multistrat pod454.9K$4.7M0.0%+5.2%
MIZUHO SECURITIES USA LLC Other458.3K$4.7M0.1%New
GOLDMAN SACHS GROUP INC Bank broker366.0K$3.8M0.0%Held
Context Capital Management, LLC ★2Fundamental diversified350.0K$3.6MHeld
Quarry LP Diversified mechanical307.1K$3.2M0.7%+108.3%
HIGHBRIDGE CAPITAL MANAGEMENT LLC Quant stat arb274.7K$2.8MNew
Karpus Management, Inc. Other259.3K$2.7M0.1%-52.6%
Mint Tower Capital Management B.V. ★2Fundamental diversified250.0K$2.6MHeld
SkyView Investment Advisors, LLC Wealth advisor250.0K$2.6M0.3%Held
Verition Fund Management LLC Multistrat pod220.5K$2.3M0.0%New
GLAZER CAPITAL, LLC Quant stat arb200.9K$2.1M-2.0%
WHITEBOX ADVISORS LLC Other200.0K$2.1MHeld
MOORE CAPITAL MANAGEMENT, LP Fundamental diversified200.0K$2.1M0.1%Held
Shaolin Capital Management LLC Other200.0K$2.1MHeld
PICTON MAHONEY ASSET MANAGEMENT Other200.0K$2.1M0.0%Held
DLD Asset Management, LP Quant stat arb199.1K$2.1MHeld
HEIGHTS CAPITAL MANAGEMENT, INC Quant stat arb191.3K$2.0MHeld
COMMONWEALTH EQUITY SERVICES, LLC Wealth advisor176.4K$1.8M0.0%+112.8%
Cable Car Capital, LP ★2Fundamental diversified150.0K$1.5MHeld
O'Connor Alternative Investments LLC ★2Fundamental diversified150.0K$1.5M
Walleye Capital LLC Multistrat pod140.0K$1.4M0.0%-6.7%
Hudson Bay Capital Management LP Multistrat pod127.2K$1.3M0.0%-40.4%
Clear Street Group Inc. Other126.4K$1.3M0.0%-56.6%
Periscope Capital Inc. Other125.0K$1.3M-37.5%
CITIGROUP INC Bank broker100.0K$1.0M0.0%Held
Cambridge Investment Research Advisors, Inc. Wealth advisor96.3K$993K0.0%+28.1%
BOOTHBAY FUND MANAGEMENT, LLC Diversified mechanical96.1K$991K0.0%-14.4%
CSS LLC/IL Other70.1K$722KHeld
Diametric Capital, LP Quant stat arb57.5K$593K-1.7%
MORGAN STANLEY Bank broker50.6K$521K0.0%0.0%
CITADEL ADVISORS LLC Multistrat pod49.4K$509K0.0%-66.8%
HRT FINANCIAL LP Diversified mechanical42.0K$433K0.0%+282.9%
BNP PARIBAS FINANCIAL MARKETS Bank broker40.5K$418K0.0%New
JPMORGAN CHASE & CO Bank broker25.4K$262K0.0%-49.0%

Exits are not a bearish signal: our backtest shows stocks specialists exit keep outperforming for 3+ quarters — selling usually means profit-taking, not a forecast.