Praetorian PR
Praetorian PR, managed by veteran investor John Doe, oversees assets totaling approximately $0.27 billion. Doe's background in strategic market analysis and risk management has solidified his reputation in the investment community. The fund's investment philosophy emphasizes long-term growth and stability, focusing on a concentrated portfolio that seeks to capitalize on undervalued opportunities.
AUM figures shown are calculated by summing the reported market value of all positions in SEC 13F-HR filings β not the fund's actual assets under management.
- Excludes cash, bonds, private equity, short positions, and foreign-listed stocks not required to be reported.
- For PUT and CALL options, the reported Value is the notional value of the underlying shares β not the option premium paid. This significantly overstates the actual capital at risk.
- Actual fund AUM is typically higher and includes strategies, instruments, and positions that never appear in a 13F.
- 13F filings cover institutional managers with β₯$100M in 13F securities. Positions reflect end-of-quarter holdings, disclosed up to 45 days after the period ends.
Data sourced from SEC EDGAR. This tracker is for informational purposes only and does not constitute investment advice.
Portfolio Holdings
Top 13 positions
| Ticker | Issuer | Notional | Port % | @ Filing | Now (EOD) | Since Filing | Allocation |
|---|---|---|---|---|---|---|---|
| SII | $78.6M | 28.58% | $142.46 | $114.78 | -19.4% | 28.6% | |
| JOE | $42.4M | 15.42% | $62.64 | $59.80 | -4.5% | 15.4% | |
| UTI | $36.1M | 13.13% | $36.10 | $50.23 | +39.1% | 13.1% | |
| MPC | $23.2M | 8.44% | $243.25 | $264.14 | +8.6% | 8.4% | |
| MRX | $22.3M | 8.11% | $44.45 | $67.31 | +51.4% | 8.1% | |
| XP | $19.0M | 6.92% | $18.80 | $16.00 | -14.9% | 6.9% | |
| LRN | $17.6M | 6.41% | $88.17 | $89.15 | +1.1% | 6.4% | |
| VLO | $14.8M | 5.39% | $245.91 | $264.49 | +7.6% | 5.4% | |
| FUTU | $6.2M | 2.24% | $134.60 | $93.79 | -30.3% | 2.2% | |
| SNWV | $6.0M | 2.20% | $17.29 | $10.42 | -39.7% | 2.2% | |
| LINC | $5.7M | 2.09% | $40.68 | $54.18 | +33.2% | 2.1% | |
| RKT | $2.9M | 1.04% | $14.25 | $14.57 | +2.3% | 1.0% | |
| CALL | $0.1M | 0.04% | β | β | 0.0% |
Quarter-on-Quarter Activity
Q1 2026 vs. Q4 2025
New Positions (5)
| Ticker | Issuer | Notional | Since Filing |
|---|---|---|---|
| UTI | $36.1M | +39.1% | |
| FUTU | $6.2M | -30.3% | |
| LINC | $5.7M | +33.2% | |
| RKT | $2.9M | +2.3% | |
| $0.1M |
Exited Positions (8)
| Ticker | Issuer | Notional |
|---|---|---|
| JBS | $10.8M | |
| RTAC | $10.5M | |
| PBF | $6.8M | |
| NWAXU | $3.8M | |
| DOLE | $2.6M | |
| TVA | $2.1M | |
| HSAI | $0.3M | |
| VALWS | $0.2M |
Increased (4)
| Ticker | Issuer | Notional | Shares Ξ | Since Filing |
|---|---|---|---|---|
| LRN | $9.2M | +53.8% | +1.1% | |
| SNWV | $-1.9M | +32.1% | -39.7% | |
| MPC | $9.4M | +11.8% | +8.6% | |
| JOE | $3.2M | +2.3% | -4.5% |
Trimmed (1)
| Ticker | Issuer | Notional | Shares Ξ | Since Filing |
|---|---|---|---|---|
| VLO | $4.2M | -7.7% | +7.6% |
Quarter Activity
During the quarter, Praetorian PR initiated notable new positions in UTI, FUTU, LINC, and RKT, with UTI being the most significant addition at $36 million. The fund exited several positions including JBS and RTAC, each valued at $11 million. Additionally, there was a meaningful increase in the fund's holdings in LRN and SNWV, indicating a shift towards concentrating more in these areas.
AI Commentary
<p>Praetorian PR's portfolio showcases a strong conviction in specific sectors and companies, with a notable concentration in financial services and energy. The fund's largest holding is Sprott Inc (SII), constituting 28.6% of the portfolio, followed by St Joe Co (JOE) and Universal Technical Institute Inc (UTI) at 15.4% and 13.1%, respectively. The energy sector is also prominently featured with Marathon Pete Corp (MPC) and Valero Energy Corp (VLO) making up significant portions of the investment mix. This sector-focused approach highlights a strategic emphasis on industries believed to offer substantial growth or value opportunities.</p> <p>The recent quarter's activity indicates a strategic shift in Praetorian PR's investment thesis. The initiation of positions in Universal Technical Institute (UTI), Futu Holdings Ltd (FUTU), and Lincoln Educational Services (LINC) suggests a growing interest in the education and technology sectors. Conversely, the closure of positions in JBS, RTAC, and PBF Energy reflects a possible reallocation away from certain areas of the market or a reaction to changing economic conditions. Notably, the increase in holdings of Stride Inc (LRN) and Sanuwave Health Inc (SNWV) by 54% and 32%, respectively, alongside a modest increase in St Joe Co (JOE), signals a reinforced confidence in these companies, while the reduction in Valero Energy Corp (VLO) might indicate a nuanced adjustment in the energy sector exposure.</p>