Praetorian PR LLC Hedge Fund

CIK: 0001949877 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $231,111 (100.0% shares, 0.0% debt)

Holdings (25)

VAL VALARIS LTD 23.4%

Value ($000) $53,983 Shares 1,375,000 Est. Cost $61.14 Unrealized -29.9%

JOE ST JOE CO 17.0%

Value ($000) $39,203 Shares 835,000 Est. Cost $42.84 Unrealized +9.2%

SII SPROTT INC 10.7%

Value ($000) $24,679 Shares 550,000 Est. Cost $40.79 Unrealized +4.6%

TDW TIDEWATER INC NEW 8.3%

Value ($000) $19,233 Shares 455,000 Est. Cost $50.02 Unrealized -0.6%

Value ($000) $16,500 Shares 1,200,000 Est. Cost $15.41 Unrealized -10.7%

DKNG DRAFTKINGS INC NEW 7.1%

Value ($000) $16,439 Shares 495,000 Est. Cost $39.92 Unrealized +2.9%

GOLD A-MARK PRECIOUS METALS INC 6.0%

Value ($000) $13,954 Shares 550,000 Est. Cost $33.31 Unrealized -17.0%

NE NOBLE CORP PLC 5.1%

Value ($000) $11,850 Shares 500,000 Est. Cost $29.68 Unrealized -9.9%

INMB INMUNE BIO INC 2.9%

Value ($000) $6,756 Shares 865,000 Est. Cost $8.63 Unrealized -8.0%

COUR COURSERA INC 1.9%

Value ($000) $4,429 Shares 665,000 Est. Cost $7.94 Unrealized 0.0%

VAL/WS VALARIS LTD 1.9%

Value ($000) $4,377 Shares 860,000 Est. Cost $11.97 Unrealized —

— INVESCO QQQ TR 1.6%

Value ($000) $3,738 Shares 1,850 Est. Cost — Unrealized —

SMH VANECK ETF TRUST 1.2%

Value ($000) $2,664 Shares 1,850 Est. Cost $910.00 Unrealized —

LEE LEE ENTERPRISES INC 0.9%

Value ($000) $2,097 Shares 202,000 Est. Cost $17.55 Unrealized -36.0%

— PHILIP MORRIS INTL INC 0.9%

Value ($000) $2,076 Shares 800 Est. Cost — Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 0.8%

Value ($000) $1,955 Shares 1,700,000 Est. Cost $0.73 Unrealized 0.0%

TNK TEEKAY TANKERS LTD 0.8%

Value ($000) $1,818 Shares 47,514 Est. Cost $39.02 Unrealized 0.0%

PAX PATRIA INVESTMENTS LIMITED 0.8%

Value ($000) $1,750 Shares 155,000 Est. Cost $11.08 Unrealized 0.0%

— SPDR S&P 500 ETF TR 0.7%

Value ($000) $1,662 Shares 750 Est. Cost — Unrealized —

— INMUNE BIO INC 0.4%

Value ($000) $1,032 Shares 3,904 Est. Cost — Unrealized —

TMQ TRILOGY METALS INC NEW 0.3%

Value ($000) $651 Shares 420,000 Est. Cost $1.38 Unrealized 0.0%

ITRG INTEGRA RES CORP 0.1%

Value ($000) $124 Shares 100,000 Est. Cost $1.09 Unrealized 0.0%

— KRANESHARES TRUST 0.0%

Value ($000) $59 Shares 100 Est. Cost — Unrealized —

IE IVANHOE ELECTRIC INC 0.0%

Value ($000) $58 Shares 10,000 Est. Cost $6.34 Unrealized 0.0%

— DBX ETF TR 0.0%

Value ($000) $26 Shares 100 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VAL	VALARIS LTD	1,375,000	$53,983	23.4%	$61.14	-29.9%	CL A	G9460G101
JOE	ST JOE CO	835,000	$39,203	17.0%	$42.84	+9.2%	COM	790148100
SII	SPROTT INC	550,000	$24,679	10.7%	$40.79	+4.6%	COM NEW	852066208
TDW	TIDEWATER INC NEW	455,000	$19,233	8.3%	$50.02	-0.6%	COM	88642R109
XP	XP INC	1,200,000	$16,500	7.1%	$15.41	-10.7%	CL A	G98239109
DKNG	DRAFTKINGS INC NEW	495,000	$16,439	7.1%	$39.92	+2.9%	COM CL A	26142V105
GOLD	A-MARK PRECIOUS METALS INC	550,000	$13,954	6.0%	$33.31	-17.0%	COM	00181T107
NE	NOBLE CORP PLC	500,000	$11,850	5.1%	$29.68	-9.9%	ORD SHS A	G65431127
INMB	INMUNE BIO INC	865,000	$6,756	2.9%	$8.63	-8.0%	COM	45782T105
COUR	COURSERA INC	665,000	$4,429	1.9%	$7.94	0.0%	COM	22266M104
VAL/WS	VALARIS LTD	860,000	$4,377	1.9%	$11.97	—	*W EXP 04/29/202	G9460G119
—	INVESCO QQQ TR	1,850	$3,738	1.6%	—	—	Put	46090E953
SMH	VANECK ETF TRUST	1,850	$2,664	1.2%	$910.00	—	Put	92189F676
LEE	LEE ENTERPRISES INC	202,000	$2,097	0.9%	$17.55	-36.0%	COM	523768406
—	PHILIP MORRIS INTL INC	800	$2,076	0.9%	—	—	Call	718172909
NAK	NORTHERN DYNASTY MINERALS LT	1,700,000	$1,955	0.8%	$0.73	0.0%	COM NEW	66510M204
TNK	TEEKAY TANKERS LTD	47,514	$1,818	0.8%	$39.02	0.0%	CL A	G8726X106
PAX	PATRIA INVESTMENTS LIMITED	155,000	$1,750	0.8%	$11.08	0.0%	COM CL A	G69451105
—	SPDR S&P 500 ETF TR	750	$1,662	0.7%	—	—	Put	78462F953
—	INMUNE BIO INC	3,904	$1,032	0.4%	—	—	Call	45782T905
TMQ	TRILOGY METALS INC NEW	420,000	$651	0.3%	$1.38	0.0%	COM	89621C105
ITRG	INTEGRA RES CORP	100,000	$124	0.1%	$1.09	0.0%	COM	45826T509
—	KRANESHARES TRUST	100	$59	0.0%	—	—	Call	500767906
IE	IVANHOE ELECTRIC INC	10,000	$58	0.0%	$6.34	0.0%	COM	46578C108
—	DBX ETF TR	100	$26	0.0%	—	—	Call	233051909