§ EQUITY
USDXRPN
ARMADA ACQUISITION -CLASS A
USD
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| Arrington Capital Management, LLC | 5.8M | 61.5% | ±0% |
| Meteora Capital, LLC | 2.3M | 1.7% | −23% |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 2.2M | 0.3% | ±0% |
| BERKLEY W R CORP | 1.2M | 0.7% | +124% |
| AQR Arbitrage LLC | 1.1M | 0.2% | −4% |
| Magnetar Financial LLC | 814K | 0.1% | ±0% |
◇ AC INTELLIGENCE
Top institutional owners for XRPN as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER91.8% · 50 holders
DEALER / BANK5.2% · 9 holders
TACTICAL / MACRO2.9% · 4 holders
PASSIVE / INDEX0.1% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for XRPN in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention XRPN yet.