ARMADA ACQUISITION CORP II
UNIT 05/21/2030 · CUSIP G0R38G120
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.80.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 32 |
| Q3 2025 | 9 |
| Q4 2025 | 5 |
| Q1 2026 | 6 |
| Q2 2026 | 4 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2025 | 1 | 25 |
| Q4 2025 | 0 | 8 |
| Q1 2026 | 0 | 2 |
| Q2 2026 | 1 | 1 |
Biggest buyers
| Clear Street Group Inc. | Added | +1.5k |
Biggest sellers
| Karpus Management, Inc. | Sold out | -299.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: TENOR CAPITAL MANAGEMENT Co., L.P. (4.3%, 2026-08-14)
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| READYSTATE ASSET MANAGEMENT LP 0.04% of their portfolio | 99.1k $1.1m | Unchanged |
| Clear Street Group Inc. 0.00% of their portfolio | 1.9k $20.0k | Added +1.5k |
| UBS Group AG 0.00% of their portfolio | 1.2k $12.5k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 27 $110 | Unchanged |