SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Praetorian PR LLC

CIK 0001949877 · CARR 429, KM 4.1, BO BARRERO, RINCON, PR, 00677 · 786-396-1281

Reported Value
$317M
Q1 2024
Positions
23
Filings on Record
15
2019–present window
Filed
May 15, 2024
original filing

Summary

Praetorian Pr LLC reported $317M in U.S.-listed holdings across 23 positions for Q1 2024.

Its largest position, Valaris, represents 19.0% of the portfolio.

Compared with Q4 2023, the fund opened 12 new positions and exited 2.

Portfolio Metrics

Turnover
+9.8%
vs prior filed quarter
Top-10 Concentration
+87.8%
share of reported value
Largest Position
+19.0%
Valaris
New / Exited
12 / 2
positions this quarter

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

13F Reported Value
Q1 ’23: $137MQ1 ’23Q2 ’23: $163MQ3 ’23: $195MQ3 ’23Q4 ’23: $202MQ1 ’24: $317MQ1 ’24Q2 ’24: $272MQ3 ’24: $257MQ3 ’24Q4 ’24: $250MQ1 ’25: $231MQ1 ’25Q2 ’25: $108MQ3 ’25: $166MQ3 ’25Q4 ’25: $206MQ1 ’26: $275MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 55.6%Other: 25.8%ETP: 18.5%
  • Common Stock · 55.6% · $177M
  • Other · 25.8% · $82M
  • ETP · 18.5% · $59M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANECK ETF TRUSTNEW+800.0K800.0K+$31M$31M
VANECK ETF TRUSTNEW+800.0K800.0K+$25M$25M
SSRMSSR MINING INNEW+2.00M2.00M+$9M$9M
FNVFRANCO NEV CORPNEW+65.0K65.0K+$8M$8M
GENKGEN RESTAURENT GROUPNEW+380.0K380.0K+$4M$4M
VANECK ETF TRUSTNEW+5.3K5.3K+$4M$4M
AMPLIFY ETF TRNEW+250.0K250.0K+$2M$2M
RGLDROYAL GOLD INCNEW+20.0K20.0K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

18 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VALARIS LTDCL A · *W EXP 04/29/20222.08%$70M1.54M
2VANECK ETF TRUSTJUNIOR GOLD MINE · GOLD MINERS ETF17.74%$56M1.60M
3JOEST JOE COhistory →COM15.17%$48M830.0K
4TDWTIDEWATER INC NEWhistory →COM12.47%$40M430.0K
5GOLDA-MARK PRECIOUS METALS INChistory →COM11.88%$38M1.23M
6ATROASTRONICS CORPhistory →COM3.18%$10M530.6K
7SSRMSSR MINING INhistory →COM2.81%$9M2.00M
8FNVFRANCO NEV CORPhistory →COM2.44%$8M65.0K
9UNIVERSAL STAINLESS & ALLOYCOM2.12%$7M300.0K
10U6ZURANIUM ENERGY CORPhistory →COM1.86%$6M875.0K
11TG7TRIUMPH GROUP INC NEWhistory →COM1.78%$6M375.0K
12LEELEE ENTERPRISES INChistory →COM1.49%$5M353.7K
13GENKGEN RESTAURENT GROUPhistory →CL A COM1.40%$4M380.0K
14AMPLIFY ETF TRAMPLIFY JUNIOR S0.78%$2M250.0K
15RGLDROYAL GOLD INCCOM0.77%$2M20.0K
16ZIM INTEGRATED SHIPPING SERVSHS0.26%$809,60080.0K
17PAASPAN AMERN SILVER CORPCOM0.24%$754,00050.0K
18LSFLAIRD SUPERFOOD INCCOM STK0.17%$528,000220.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$275M13May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$206M16Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$166M15Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$108M10Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$231M25May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$250M24Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$257M14Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$272M17Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$317M23May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$202M13Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$195M27Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$163M28Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$137M21May 8, 202313F-HRchanges · 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 ↗.