Vault-13

PRAETORIAN ACQUISITION CORP PTORW

*W EXP 01/16/203 · Equity WRT · CUSIP G7S17G129

34 institutional holders +11 vs Q1 2026
5,146,1755.1m shares reported held*
$2.0mreported value*
13 new 3 added 2 reduced 2 sold out net bought ≈ $546.8k (+1.4m 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. Implied quarter-end price ≈ $0.38. Options: 1 managers hold calls ($167.2k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q1 26: 23Q2 26: 3434Q1 26Q2 26
Numbers
QuarterHolders
Q1 202623
Q2 202634

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $167.2kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$167.2k$00.00

Biggest buyers

Alberta Investment Management Corp New +466,666+466.7k
AQR Arbitrage LLC New +322,003+322.0k
BNP PARIBAS FINANCIAL MARKETS New +233,673+233.7k
PICTON MAHONEY ASSET MANAGEMENT New +166,665+166.7k
WHITEBOX ADVISORS LLC New +133,333+133.3k
Walleye Capital LLC New +104,600+104.6k
Lineage Point Capital LP New +67,665+67.7k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +66,666+66.7k
RLH Capital LLC New +49,776+49.8k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS New +33,333+33.3k

Biggest sellers

BERKLEY W R CORP Reduced -155,174-155.2k
GLAZER CAPITAL, LLC Reduced -58,376-58.4k
Virtu Financial LLC Sold out -23,600-23.6k
Warberg Asset Management LLC Sold out -21,732-21.7k

Biggest calls

MILLENNIUM MANAGEMENT LLC New $167.2k440.0k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 500,000500.0k $190.0k $190.0k 0.00% Unchanged
2 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 466,666466.7k $177.3k $177.3k 0.00% New
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 366,666366.7k $139.3k $139.3k 0.00% Unchanged
4 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 322,003322.0k $122.4k $122.4k 0.00% New
5 Shaolin Capital Management LLC 0.01% of their portfolio Miami, FL 287,985288.0k $109.4k $109.4k 0.01% Added +4.7k +4,654
6 GLAZER CAPITAL, LLC 0.00% of their portfolio New York, NY 281,827281.8k $107.0k $107.0k 0.00% Reduced -58.4k -58,376
7 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 250,000250.0k $95.0k $95.0k 0.00% Unchanged
8 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 233,673233.7k $88.8k $88.8k 0.00% New
9 Governors Lane LP 0.01% of their portfolio NEW YORK, NY 233,333233.3k $88.7k $88.7k 0.01% Unchanged
10 Periscope Capital Inc. 0.01% of their portfolio Toronto, A6 195,600195.6k $74.3k $74.3k 0.01% Unchanged
11 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 173,666173.7k $66.0k $66.0k 0.00% Added +7.0k +7,000
12 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 166,666166.7k $63.3k $63.3k 0.00% Unchanged
13 PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio Toronto, A6 166,665166.7k $63.3k $63.3k 0.00% New
14 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 133,333133.3k $50.7k $50.7k 0.00% New
15 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 132,351132.4k $50.3k $50.3k 0.00% Unchanged
16 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 121,793121.8k $46.3k $46.3k 0.00% Added +5.9k +5,900
17 SONA ASSET MANAGEMENT (US) LLC 0.00% of their portfolio NEW YORK, NY 116,667116.7k $46.2k $46.2k 0.00% Unchanged
18 BERKLEY W R CORP 0.00% of their portfolio Greenwich, CT 110,056110.1k $41.8k $41.8k 0.00% Reduced -155.2k -155,174
19 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 104,600104.6k $39.7k $39.7k 0.00% New
20 Mint Tower Capital Management B.V. 0.00% of their portfolio AMSTERDAM, P7 83,33383.3k $32.0k $32.0k 0.00% Unchanged
21 Linden Advisors LP 0.00% of their portfolio New York, NY 83,33283.3k $31.2k $31.2k 0.00% Unchanged
22 Decagon Asset Management LLP 0.01% of their portfolio LONDON, X0 77,67777.7k $29.5k $29.5k 0.01% Unchanged
23 Lineage Point Capital LP 0.01% of their portfolio PALM BEACH, FL 67,66567.7k $25.7k $25.7k 0.01% New
24 Context Capital Management, LLC 0.00% of their portfolio LAJOLLA, CA 66,66666.7k $25.3k $25.3k 0.00% Unchanged
25 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio WEST PALM BEACH, FL 66,66666.7k $26.4k $26.4k 0.00% New
26 Kepos Capital LP 0.03% of their portfolio NEW YORK, NY 64,23364.2k $24.0k $24.0k 0.03% Unchanged
27 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 63,33363.3k $24.1k $24.1k 0.00% Unchanged
28 Radcliffe Capital Management, L.P. 0.00% of their portfolio BALA CYNWYD, PA 54,10954.1k $20.3k $20.3k 0.00% Unchanged
29 RLH Capital LLC 0.01% of their portfolio Great Neck, NY 49,77649.8k $18.9k $18.9k 0.01% New
30 DLD Asset Management, LP 0.00% of their portfolio NEW YORK, NY 36,49936.5k $13.9k $13.9k 0.00% Unchanged
31 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 33,33333.3k $12.7k $12.7k 0.00% New
32 ABC ARBITRAGE SA 0.00% of their portfolio PARIS, I0 13,33313.3k $5.1k $5.1k 0.00% New
33 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 12,67012.7k $4.8k $4.8k 0.00% New
34 Parallax Volatility Advisers, L.P. 0.00% of their portfolio San Francisco, CA 10,00010.0k $3.8k $3.8k 0.00% New