[HIP Release 2015-08-16]
Enabled HIP modules:
EMF: Extended Mechanics & Flavor (v4.0 - 2015-08-16)
ARKO Interface (2015-08-15)
SWMH (v2.9 - 2015-08-15)
SED: English Localisation for SWMH (v2.0.0 - 2015-08-16)
ARKO Armoiries (2015-08-15)
NBRT+ (v2.1 - 2014-03-28)
VIET Events (v1.9.6 - 2015-07-21)
CPRplus (v2.0.5 - 2015-08-16)
There are two titles "Kingdom of Armenia" in the 867 TOG start. The actual king holts one of the two with no de jure counties.
That is my attempt to work around the fact that Bagratids weren't officially raised to King status before the 880'ies, but they still held a dominant position over the other Armenian princes (they were given the position of Ishkhan Ishkhanats, which is roughly translated into Prince of Princes, by their nominal Abbasid overlords shortly before the ToG start) who actively supported the Bagratid Liberation attempts.
So it's actually working as designed.
The alternative of demoting the other Armenian Naxarars to Count status just didn't seem appealing at all to me