Managers / Q1 2026
Praetorian PR LLC
CIK 0001949877 · CARR 429, KM 4.1, BO BARRERO, RINCON, PR, 00677 · 786-396-1281
Summary
Praetorian Pr LLC reported $275M in U.S.-listed holdings across 13 positions for Q1 2026.
The portfolio is heavily concentrated: SII alone accounts for 28.6% of reported value.
Compared with Q4 2025, the fund opened 5 new positions and exited 8.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 82.7% · $227M
- Other · 15.1% · $41M
- ADR · 2.2% · $6M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| UTIUNIVERSAL TECHNICAL INST INC | NEW | +1.00M | 1.00M | +$36M | $36M |
| FUTUFUTU HLDGS LTD | NEW | +45.0K | 45.0K | +$6M | $6M |
| LINCLINCOLN EDL SVCS CORP | NEW | +141.0K | 141.0K | +$6M | $6M |
| RKTROCKET COS INC | NEW | +200.0K | 200.0K | +$3M | $3M |
| VERIZON COMMUNICATIONS INC | NEW | +500 | 500 | +$100,050 | $100,050 |
| JBS N.V. | SOLD OUT | −750.0K | 0 | −$11M | $0 |
| RENATUS TACTICAL ACQUIS | SOLD OUT | −985.0K | 0 | −$11M | $0 |
| PBFPBF ENERGY INC | SOLD OUT | −250.0K | 0 | −$7M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SIISPROTT INChistory → | COM NEW | 28.58% | $79M | 550.0K |
| 2 | JOEST JOE COhistory → | COM | 15.42% | $42M | 675.0K |
| 3 | UTIUNIVERSAL TECHNICAL INST INChistory → | COM | 13.13% | $36M | 1.00M |
| 4 | MPCMARATHON PETE CORPhistory → | COM | 8.44% | $23M | 95.0K |
| 5 | MAREX GROUP PLC | ORD | 8.11% | $22M | 500.0K |
| 6 | XP INC | CL A | 6.92% | $19M | 1.00M |
| 7 | LRNSTRIDE INChistory → | COM | 6.41% | $18M | 200.0K |
| 8 | VLOVALERO ENERGY CORPhistory → | COM | 5.39% | $15M | 60.0K |
| 9 | FUTUFUTU HLDGS LTDhistory → | SPON ADS CL A | 2.24% | $6M | 45.0K |
| 10 | SNWVSANUWAVE HEALTH INChistory → | COM | 2.20% | $6M | 350.0K |
| 11 | LINCLINCOLN EDL SVCS CORPhistory → | COM | 2.09% | $6M | 141.0K |
| 12 | RKTROCKET COS INChistory → | COM CL A | 1.04% | $3M | 200.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $275M | 13 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $206M | 16 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $166M | 15 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $108M | 10 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $231M | 25 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $250M | 24 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $257M | 14 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $272M | 17 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $317M | 23 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $202M | 13 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $195M | 27 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $163M | 28 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $137M | 21 | May 8, 2023 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.