Vault-13

PELICAN ACQUISITION CORP

SHS · CUSIP G6993G103

0 institutional holders -40 vs Q4 2025
—reported value*
0 new 0 added 0 reduced 39 sold out net sold ≈ $77.3m (-7.6m shares)

* 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.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

02040Q2 25: 28Q3 25: 36Q4 25: 40Q1 26: 00Q2 25Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q2 202528
Q3 202536
Q4 202540
Q1 20260

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 25: 18 bought or addedQ3 25: 4 cut or sold outQ3 25Q4 25: 9 bought or addedQ4 25: 9 cut or sold outQ4 25Q1 26: 0 bought or addedQ1 26: 39 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q3 2025184
Q4 202599
Q1 2026039

Biggest buyers

None

Biggest sellers

Meteora Capital, LLC Sold out -751,469-751.5k
BERKLEY W R CORP Sold out -578,199-578.2k
GLAZER CAPITAL, LLC Sold out -495,531-495.5k
Decagon Asset Management LLP Sold out -379,902-379.9k
Linden Advisors LP Sold out -370,000-370.0k
Polar Asset Management Partners Inc. Sold out -370,000-370.0k
MIZUHO SECURITIES USA LLC Sold out -359,285-359.3k
Karpus Management, Inc. Sold out -344,025-344.0k
Shaolin Capital Management LLC Sold out -300,000-300.0k
RIVERNORTH CAPITAL MANAGEMENT, LLC Sold out -297,500-297.5k

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.

HolderStakeChangeShares Last filed
Pelican Sponsor LLC 13D · may seek influence new · filed 2025-06-18
Stated purposeIn connection with the organization of the Issuer, on August 22, 2024, pursuant to a Subscription Agreement, the Issuer issued an aggregate of 2,875,000 ordinary shares as Founder Shares, to the Sponsor for an aggregate purchase price of $25,000. Such Founder Shares include 375,000 ordinary shares that will be subject to forfeiture if the underwriters' over-allotment option is not exercised in full. Simultaneously with the consummation of the Issuer's initial public offering, the Sponsor purchased 201,250 units ("Placement Units") of the Issuer at $10.00 per Placement Unit, as more fully described in Item 6 of this Schedule 13D, which information is incorporated herein by reference. Each Placement Unit consists of one ordinary share and one right to receive one-tenth (1/10) of one ordinary… Full filing
 25.7% new 3.1m 2025-06-18
Decagon Asset Management LLP 13G · institution new · filed 2026-02-17 8.7% new 1.0m 2026-02-17

Fell to 5% or below in the last year: MERUS GLOBAL INVESTMENTS, LLC (0.0%, 2026-05-15), METEORA CAPITAL, LLC (0.0%, 2026-05-15)

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change