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Pyrophyte Acquisition Corp. II

PAII
Exchange
NYSE
Industry
Blank Checks
SEC CIK
0002069238

No open-market purchases or sales by Pyrophyte Acquisition Corp. II insiders were filed in the last 90 days; 56 institutions reported holding it in 13F filings for Q2 2026, worth $207.5M in total; no superinvestor holds it.

Other share classesPAII.UNPAII.WT

13F holders, Q4 2025

Institutional positions in Pyrophyte Acquisition Corp. II as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
52
+14 vs. Q3 2025
Shares held
18.9M
+4.00M (+26.8%) vs. Q3 2025
Total value
$190.0M
+$41.7M (+28.1%) vs. Q3 2025
New holders
17
7 more added
Sold out
3
9 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PAII on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 52 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 0 institutionsQ3 2025: 38 institutionsQ4 2025: 52 institutionsQ1 2026: 54 institutionsQ2 2026: 56 institutions
Value heldQ4 2025: $190.0M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $148.3MQ4 2025: $190.0MQ1 2026: $195.2MQ2 2026: $207.5M
Institutions holding PAII and their total value by quarter
QuarterHoldersValue
Q2 202656$207.5M
Q1 202654$195.2M
Q4 202552$190.0M
Q3 202538$148.3M
Q2 20250$0
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Pyrophyte Acquisition Corp. II; share changes are against Q3 2025.

Institutions holding PAII in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Linden Advisors LP1,150,000$11.6M0.07%00.0%Unchanged
D. E. Shaw & Co., Inc.992,036$9.98M0.01%00.0%Unchanged
Healthcare of Ontario Pension Plan Trust Fund850,000$8.55M0.01%−50,000−5.6%Reduced
Aristeia Capital LLC850,000$8.55M0.24%00.0%Unchanged
HGC Investment Management Inc.850,000$8.55M1.81%+850,000New
Glazer Capital, LLC800,000$8.05M0.21%+95,600+13.6%Added
Millennium Management LLC775,000$7.80M0.01%−90,004−10.4%Reduced
Polar Asset Management Partners Inc.750,000$7.54M0.15%+750,000New
Alberta Investment Management Corp750,000$7.54M0.05%+750,000New
Tenor Capital Management Co., L.P.700,000$7.04M0.10%00.0%Unchanged
Two Sigma Investments, LP684,375$6.88M0.01%00.0%Unchanged
Schonfeld Strategic Advisors LLC610,000$6.14M0.03%+127,039+26.3%Added
Toronto Dominion Bank577,016$5.80M0.01%−172,984−23.1%Reduced
CNH Partners LLC566,998$5.70M0.12%00.0%Unchanged
Verition Fund Management LLC526,415$5.30M0.03%−173,585−24.8%Reduced
Picton Mahoney Asset Management500,000$5.03M0.06%00.0%Unchanged
Moore Capital Management, LP500,000$5.03M0.10%+500,000New
Governors Lane LP416,789$4.19M0.39%+16,789+4.2%Added
Periscope Capital Inc.392,800$3.95M0.77%+192,994+96.6%Added
Radcliffe Capital Management, L.P.384,841$3.87M0.21%+61,778+19.1%Added
Shaolin Capital Management LLC379,263$3.82M0.14%−120,737−24.1%Reduced
Magnetar Financial LLC375,830$3.78M0.04%+375,830New
Sculptor Capital LP374,254$3.76M0.04%−25,746−6.4%Reduced
Omers Administration Corp350,000$3.52M0.03%+350,000New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys300,000$3.02M0.02%00.0%Unchanged
Whitebox Advisors LLC300,000$3.02M0.05%00.0%Unchanged
Clear Street Group Inc.296,898$2.99M0.02%−112,950−27.6%Reduced
HBK Investments L P250,000$2.52M0.03%00.0%Unchanged
Vivaldi Asset Management, LLC250,000$2.52M0.15%00.0%Unchanged
Westchester Capital Management, LLC250,000$2.52M0.12%+250,000New
Mercuria Capital Strategies, LLC250,000$2.52M1.43%+250,000New
Mizuho Securities USA LLC248,288$2.49M0.04%+135,594+120.3%Added
Boussard & Gavaudan Investment Management LLP240,000$2.42M0.18%−10,000−4.0%Reduced
Hudson Bay Capital Management LP225,000$2.26M0.01%00.0%Unchanged
Wealthspring Capital LLC201,990$2.03M0.48%+201,990New
BNP Paribas Arbitrage, SA183,000$1.84M0.00%00.0%Unchanged
UBS Oconnor LLC150,000$1.51M0.04%00.0%Unchanged
Harraden Circle Investments, LLC132,789$1.34M0.24%+132,789New
Meteora Capital, LLC73,000$734.4K0.06%−120,273−62.2%Reduced
Lineage Point Capital LP72,900$733.4K0.28%+72,900New
JPMorgan Chase & Co59,160$595.1K0.00%00.0%Unchanged
Readystate Asset Management LP56,744$570.8K0.03%+56,744New
Karpus Management, Inc.50,000$503.0K0.02%+50,000New
Gritstone Asset Management LLC49,598$499.0K0.48%00.0%Unchanged
Boothbay Fund Management, LLC40,000$402.4K0.01%+40,000New
Virtu Financial LLC25,628$258.0K0.01%+25,628New
Abc Arbitrage SA25,000$251.5K0.02%+25,000New
Yaupon Capital Management LP20,708$208.3K0.01%00.0%Unchanged
Gladius Capital Management LP10,000$100.6K0.12%00.0%Unchanged
Deltec Asset Management LLC10,000$100.6K0.02%00.0%Unchanged
Wolverine Asset Management LLC8,705$87.6K0.00%+8,705New
FNY Investment Advisers, LLC870$8.00K0.00%+770+770.0%Added
Parallax Volatility Advisers, L.P.0$00.00%−263,600−100.0%Sold out
StoneX Group Inc.0$00.00%−110,371−100.0%Sold out
Cantor Fitzgerald, L. P.0$00.00%−72,900−100.0%Sold out