# ARMADA ACQUISITION CORP III (AACIW)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/AACIW/

- Reporting holders: 42
- Reported value: $3.1M
- Held through calls: 3.2%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [ADAGE CAPITAL PARTNERS GP, L.L.C.](https://holderbook.com/funds/1165408-adage-capital-partners-gp-l-l-c/) | $334.1K | 1,012,500 | 0.0% | 2 |
| [Linden Advisors LP](https://holderbook.com/funds/1279396-linden-advisors-lp/) | $225.8K | 700,000 | 0.0% | 1 |
| [HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND](https://holderbook.com/funds/1535845-healthcare-of-ontario-pension-plan-trust-fund/) | $162.2K | 550,000 | 0.0% | 1 |
| [Magnetar Financial LLC](https://holderbook.com/funds/1352851-magnetar-financial-llc/) | $161.2K | 500,000 | 0.0% | 1 |
| [Polar Asset Management Partners Inc.](https://holderbook.com/funds/1326389-polar-asset-management-partners-inc/) | $150.9K | 457,170 | 0.0% | 1 |
| [Hudson Bay Capital Management LP](https://holderbook.com/funds/1393825-hudson-bay-capital-management-lp/) | $148.5K | 450,000 | 0.0% | 2 |
| [TENOR CAPITAL MANAGEMENT Co., L.P.](https://holderbook.com/funds/1346554-tenor-capital-management-co-l-p/) | $115.5K | 350,000 | 0.0% | 2 |
| [Alberta Investment Management Corp](https://holderbook.com/funds/1463559-alberta-investment-management-corp/) | $115.5K | 350,000 | 0.0% | 1 |
| [AQR Arbitrage LLC](https://holderbook.com/funds/1167456-aqr-arbitrage-llc/) | $109.1K | 389,627 | 0.0% | 1 |
| [SONA ASSET MANAGEMENT (US) LLC](https://holderbook.com/funds/1856405-sona-asset-management-us-llc/) | $107.2K | 325,000 | 0.0% | 1 |
| [MILLENNIUM MANAGEMENT LLC](https://holderbook.com/funds/1273087-millennium-management-llc/) | $101.0K | 0 | 0.0% | 1 |
| [WHITEBOX ADVISORS LLC](https://holderbook.com/funds/1257391-whitebox-advisors-llc/) | $90.8K | 275,000 | 0.0% | 1 |
| [RK Capital Management, LLC/FL](https://holderbook.com/funds/1905218-rk-capital-management-llc-fl/) | $85.4K | 268,996 | 0.0% | 2 |
| [BNP PARIBAS FINANCIAL MARKETS](https://holderbook.com/funds/1166588-bnp-paribas-financial-markets/) | $85.4K | 268,840 | 0.0% | 1 |
| [Verition Fund Management LLC](https://holderbook.com/funds/1454027-verition-fund-management-llc/) | $84.0K | 300,100 | 0.0% | 2 |
| [Lineage Point Capital LP](https://holderbook.com/funds/2093311-lineage-point-capital-lp/) | $82.2K | 258,840 | 0.0% | 1 |
| [WOLVERINE ASSET MANAGEMENT LLC](https://holderbook.com/funds/1279891-wolverine-asset-management-llc/) | $79.7K | 241,394 | 0.0% | 1 |
| [GLAZER CAPITAL, LLC](https://holderbook.com/funds/1076809-glazer-capital-llc/) | $70.0K | 220,885 | 0.0% | 1 |
| [Radcliffe Capital Management, L.P.](https://holderbook.com/funds/1218275-radcliffe-capital-management-l-p/) | $67.6K | 212,929 | 0.0% | 2 |
| [Context Capital Management, LLC](https://holderbook.com/funds/1301396-context-capital-management-llc/) | $66.0K | 200,000 | 0.0% | 1 |
| [TORONTO DOMINION BANK](https://holderbook.com/funds/947263-toronto-dominion-bank/) | $64.5K | 195,406 | 0.0% | 1 |
| [Schonfeld Strategic Advisors LLC](https://holderbook.com/funds/1665241-schonfeld-strategic-advisors-llc/) | $63.5K | 200,000 | 0.0% | 1 |
| [Kryger Capital LLC](https://holderbook.com/funds/2123957-kryger-capital-llc/) | $57.6K | 174,678 | 0.0% | 1 |
| [HEIGHTS CAPITAL MANAGEMENT, INC](https://holderbook.com/funds/1081698-heights-capital-management-inc/) | $50.3K | 179,526 | 0.0% | 1 |
| [RIVERNORTH CAPITAL MANAGEMENT, LLC](https://holderbook.com/funds/1447578-rivernorth-capital-management-llc/) | $48.1K | 160,399 | 0.0% | 1 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 42 | $3.1M |
| Q1 2026 | 11 | $825.5K |
| Q2 2024 | 20 | $470.5K |
| Q1 2024 | 23 | $1.5M |
| Q4 2023 | 22 | $1.2M |
| Q3 2023 | 23 | $1.4M |
| Q2 2023 | 23 | $1.5M |
| Q1 2023 | 21 | $1.5M |
| Q4 2022 | 18 | $1.2M |
| Q3 2022 | 22 | $1.5M |
| Q2 2022 | 22 | $2.0M |
| Q1 2022 | 22 | $2.3M |