PAII · Pyrophyte Acquisition Corp. II · Holdings
$10.30
+0.01 (+0.05%)
At close · Sep 21
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with management's evaluation of the Company's ability to continue as a going concern in accordance with FASB ASC Topic 205-40, "Presentation of Financial Statements – Going Concern," the Company's liquidity concerns and the mandatory liquidation within the next 12 months (except the Company extends through shareholders vote) raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the date the unaudited condensed financial statements are available to be issued.”View the 10-Q filed Aug 14, 2026
Market Cap
$280.58M
Shares
27.27M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 50
Total Value: $190,469,066
Total Shares: 18,673,439
Institutional Ownership Trend
4 quarters
Holder Concentration
Across 50 13F filers · Δ vs Mar 31, 2026Top Holder
6.2%
+0.2 pts
Top 5
25.5%
+0.8 pts
Top 10
45.7%
+0.8 pts
HHI
327
Broadly held+9
Quarterly Activity
vs Mar 31, 2026
New
4
Increased
7
Decreased
6
Sold Out
8
Unchanged
33
Holder count:
-4
Institutional value:
-2.5%
Shares held:
-3.0%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Small Harraden Circle Investments, LLC | +300,000 | 348,923 | |
| Large Parallax Volatility Advisers, L.P. | +39,846 | 302,214 | |
| Large Schonfeld Strategic Advisors LLC | +24,643 | 718,211 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | +23,466 | 29,367 | |
| Small Radcliffe Capital Management, L.P. | +21,500 | 467,558 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Small METEORA CAPITAL, LLC | −229,407 | 592,693 | |
| Small Shaolin Capital Management LLC | −54,914 | 324,349 | |
| Large Verition Fund Management LLC | −50,000 | 350,000 | |
| Large TORONTO DOMINION BANK | −38,300 | 411,800 | |
| Large Clear Street Group Inc. | −37,419 | 167,263 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small BOUSSARD & GAVAUDAN GESTION SAS | 240,000 | $2,448,000 | |
| Small StoneX Group Inc. | 145,217 | $1,481,213 | |
| Mid Centiva Capital, LP | 50,000 | $510,000 | |
| Small ROBINSON CAPITAL MANAGEMENT, LLC | 12,000 | $122,400 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Large COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 300,000 | $3,045,000 | |
| Small Boussard & Gavaudan Investment Management LLP | 240,000 | $2,436,000 | |
| Small Wealthspring Capital LLC | 197,570 | $2,005,335 | |
| Mid MIZUHO SECURITIES USA LLC | 197,261 | $2,002,199 | |
| Mid Virtu Financial LLC | 51,084 | $518,502 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid Linden Advisors LP | $11,730,000 | 6.16% | 1,150,000 | Shares | 2026-08-14 | |
| Mega D. E. Shaw & Co., Inc. | $10,118,767 | 5.31% | 992,036 | Shares | 2026-08-14 | |
| Large Hudson Bay Capital Management LP | $9,435,000 | 4.95% | 925,000 | Shares | 2026-08-14 | |
| Small HGC Investment Management Inc. | $8,670,000 | 4.55% | 850,000 | Shares | 2026-08-14 | |
| Mid ARISTEIA CAPITAL, L.L.C. | $8,670,000 | 4.55% | 850,000 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC | $8,170,200 | 4.29% | 801,000 | Shares | 2026-08-14 | |
| Mid GLAZER CAPITAL, LLC | $8,159,051 | 4.28% | 799,907 | Shares | 2026-08-17 | |
| Mid Alberta Investment Management Corp | $7,650,000 | 4.02% | 750,000 | Shares | 2026-08-06 | |
| Large Schonfeld Strategic Advisors LLC | $7,325,752 | 3.85% | 718,211 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. | $7,140,000 | 3.75% | 700,000 | Shares | 2026-08-14 | |
| Mega TWO SIGMA INVESTMENTS, LP | $6,980,625 | 3.66% | 684,375 | Shares | 2026-08-14 | |
| Small METEORA CAPITAL, LLC | $6,045,468 | 3.17% | 592,693 | Shares | 2026-08-14 | |
| Mid Polar Asset Management Partners Inc. | $5,611,020 | 2.95% | 550,100 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC | $5,606,623 | 2.94% | 549,669 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP | $5,100,000 | 2.68% | 500,000 | Shares | 2026-08-14 | |
| Large PICTON MAHONEY ASSET MANAGEMENT | $5,100,000 | 2.68% | 500,000 | Shares | 2026-08-13 | |
| Small Radcliffe Capital Management, L.P. | $4,769,091 | 2.50% | 467,558 | Shares | 2026-08-14 | |
| Mid Governors Lane LP | $4,439,794 | 2.33% | 435,274 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank | $4,200,360 | 2.21% | 411,800 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC | $3,833,466 | 2.01% | 375,830 | Shares | 2026-08-14 | |
| Large Verition Fund Management LLC | $3,570,000 | 1.87% | 350,000 | Shares | 2026-08-14 | |
| Small Periscope Capital Inc. | $3,570,000 | 1.87% | 350,000 | Shares | 2026-08-11 | |
| Large OMERS ADMINISTRATION Corp | $3,570,000 | 1.87% | 350,000 | Shares | 2026-08-13 | |
| Small Harraden Circle Investments, LLC | $3,559,014 | 1.87% | 348,923 | Shares | 2026-08-14 | |
| Small Shaolin Capital Management LLC | $3,308,359 | 1.74% | 324,349 | Shares | 2026-08-14 | |
| Large Parallax Volatility Advisers, L.P. | $3,082,582 | 1.62% | 302,214 | Shares | 2026-08-14 | |
| Mid WHITEBOX ADVISORS LLC | $3,060,000 | 1.61% | 300,000 | Shares | 2026-08-14 | |
| Mid First Trust Capital Management L.P. | $2,550,000 | 1.34% | 250,000 | Shares | 2026-08-13 | |
| Small Mercuria Capital Strategies, LLC | $2,550,000 | 1.34% | 250,000 | Shares | 2026-07-30 | |
| Mid HBK INVESTMENTS L P | $2,550,000 | 1.34% | 250,000 | Shares | 2026-09-16 | |
| Mid Westchester Capital Management, LLC | $2,549,999 | 1.34% | 250,000 | Shares | 2026-08-14 | |
| Small BOUSSARD & GAVAUDAN GESTION SAS | $2,448,000 | 1.29% | 240,000 | Shares | 2026-08-19 | |
| Mid BlueCrest Capital Management Ltd | $2,274,600 | 1.19% | 223,000 | Shares | 2026-08-14 | |
| Mega BNP PARIBAS ARBITRAGE, SA | $2,099,160 | 1.10% | 205,800 | Shares | 2026-08-13 | |
| Large Clear Street Group Inc. | $1,706,082 | 0.90% | 167,263 | Shares | 2026-08-12 | |
| Mid SONA ASSET MANAGEMENT (US) LLC | $1,547,920 | 0.81% | 151,757 | Shares | 2026-08-14 | |
| Small O'Connor Alternative Investments LLC | $1,530,000 | 0.80% | 150,000 | Shares | 2026-08-14 | |
| Small StoneX Group Inc. | $1,481,213 | 0.78% | 145,217 | Shares | 2026-08-12 | |
| Small Lineage Point Capital LP | $743,580 | 0.39% | 72,900 | Shares | 2026-08-14 | |
| Mega JPMORGAN CHASE & CO | $603,432 | 0.32% | 59,160 | Shares | 2026-08-12 | |
| Mid READYSTATE ASSET MANAGEMENT LP | $578,788 | 0.30% | 56,744 | Shares | 2026-08-14 | |
| Mid Karpus Management, Inc. | $510,000 | 0.27% | 50,000 | Shares | 2026-08-14 | |
| Mid Centiva Capital, LP | $510,000 | 0.27% | 50,000 | Shares | 2026-08-13 | |
| Micro GRITSTONE ASSET MANAGEMENT LLC | $505,899 | 0.27% | 49,598 | Shares | 2026-08-06 | |
| Mid BOOTHBAY FUND MANAGEMENT, LLC | $408,000 | 0.21% | 40,000 | Shares | 2026-08-14 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | $299,543 | 0.16% | 29,367 | Shares | 2026-08-10 | |
| Mid Yaupon Capital Management LP | $211,221 | 0.11% | 20,708 | Shares | 2026-08-14 | |
| Small ROBINSON CAPITAL MANAGEMENT, LLC | $122,400 | 0.06% | 12,000 | Shares | 2026-08-12 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | $112,057 | 0.06% | 10,986 | Shares | 2026-08-14 | |
| Small Gladius Capital Management LP | $102,000 | 0.05% | 10,000 | Shares | 2026-07-30 |