Q4 2025 · 13F-HR
Praetorian PR LLCholdings as filed
Filed 2026-02-17 · accession 0001949877-26-000001
$206.4M
Reported value
16
Positions
2025-12-31
Period end
The Brief · Praetorian PR LLC · Q4 2025
AI · grounded in 13F
Praetorian PR LLC established a new position in JBS N.V. worth $10.8M. The fund also initiated new stakes in LRN for $8.4M and NWAX/U for $3.7M. On the sell side, the fund closed its position in OPCH, reducing exposure by $3.4M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 852066208 | SII | SPROTT INC | $53.9M | 26.1% | 550,000 | Common | SOLE |
| 790148100 | JOE | ST JOE CO | $39.2M | 19.0% | 660,000 | Common | SOLE |
| G5S37H101 | MRX | MAREX GROUP PLC | $19.2M | 9.29% | 500,000 | Common | SOLE |
| G98239109 | XP | XP INC | $16.4M | 7.93% | 1,000,000 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $13.8M | 6.70% | 85,000 | Common | SOLE |
| N4732M103 | JBS | JBS N.V. | $10.8M | 5.24% | 750,000 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $10.6M | 5.13% | 65,000 | Common | SOLE |
| G7490F101 | RTAC | RENATUS TACTICAL ACQUIS | $10.5M | 5.09% | 985,000 | Common | SOLE |
| 86333M108 | LRN | STRIDE INC | $8.4M | 4.09% | 130,000 | Common | SOLE |
| 80303D305 | SNWV | SANUWAVE HEALTH INC | $7.9M | 3.83% | 265,000 | Common | SOLE |
| 69318G106 | PBF | PBF ENERGY INC | $6.8M | 3.29% | 250,000 | Common | SOLE |
| 023634207 | NWAX/U | NEW AMER ACQUISITION I CORP | $3.7M | 1.82% | 360,000 | Common | SOLE |
| G27907107 | DOLE | DOLE PLC | $2.6M | 1.26% | 173,500 | Common | SOLE |
| G8772L105 | TVA | TEXAS VENTURES ACQUISITION I | $2.1M | 1.01% | 195,000 | Common | SOLE |
| 428050108 | HSAI | HESAI GROUP | $257,376 | 0.12% | 11,490 | Common | SOLE |
| G9460G119 | VAL/WS | VALARIS LTD | $237,600 | 0.12% | 135,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.