P
Pyrophyte Acquisition Corp. II
PAII • NYSE
Pyrophyte Acquisition Corp. II is a blank checks company on NYSE, with a market cap of $275.7M. As of Q3 2025, 52% of shares are held by 34 institutional investors, with LINDEN ADVISORS LP as the largest holder at 4.22%.
Market Cap$275.7M
BLANK CHECKS
Overview
Overview of institutional ownership in PAII as of Q3 2025 with a market cap of $271.6M
All Institutions
- Institutions
- 34
- Value Held
- $141.6M
- Shares Held
- 14.2M
- Avg Position
- $4.2M
- Median Position
- $3.1M
Hedge Funds
- Hedge Funds
- 23
- Value Held
- $98.6M
- Shares Held
- 9.9M
- Avg Position
- $4.3M
- Median Position
- $4.0M
Ownership Breakdown
Based on market cap of $271.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in PAII as of Q3 2025
| Institution | Position Value |
|---|---|
 LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | $11.5M 1.18% of portfolio |
D D. E. Shaw & Co., Inc. Institution | $9.9M 0.01% of portfolio |
H | $9.0M 0.02% of portfolio |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $8.6M 0.01% of portfolio |
 ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | $8.5M 0.42% of portfolio |
 TORONTO DOMINION BANK Institution | $7.5M 0.01% of portfolio |
 GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | $7.0M 0.32% of portfolio |
 Verition Fund Management LLC Hedge Fund•Multi-Strategy | $7.0M 0.04% of portfolio |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | $7.0M 0.86% of portfolio |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $6.8M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for PAII in Q3 2025
- Traded
- +$141.6M
- Buyers
- 34
- Sellers
- 0
- Total Bought
- +$141.6M
- Total Sold
- −-
- Avg Position
- $4.2M
Biggest Buyers
| Institution | Net Bought |
|---|---|
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | +$11.5M +1.2M shares |
D D. E. Shaw & Co., Inc. Institution | +$9.9M +992.0K shares |
H | +$9.0M +900.0K shares |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$8.6M +865.0K shares |
ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | +$8.5M +850.0K shares |
TORONTO DOMINION BANK Institution | +$7.5M +750.0K shares |
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | +$7.0M +704.4K shares |
Verition Fund Management LLC Hedge Fund•Multi-Strategy | +$7.0M +700.0K shares |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | +$7.0M +700.0K shares |
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$6.8M +684.4K shares |
Biggest Sellers
| Institution | Net Sold | |
|---|---|---|
| No sellers found | ||
Entry and Exit Activity
Institutions that initiated new positions or completely exited PAII in Q3 2025
- New Positions
- 34
- New Value
- $141.6M
- Exited Positions
- 0
- Exited Value
- -
New Positions
| Institution | Position Value |
|---|---|
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | $11.5M 1.2M shares |
D D. E. Shaw & Co., Inc. Institution | $9.9M 992.0K shares |
H | $9.0M 900.0K shares |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $8.6M 865.0K shares |
ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | $8.5M 850.0K shares |
TORONTO DOMINION BANK Institution | $7.5M 750.0K shares |
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | $7.0M 704.4K shares |
Verition Fund Management LLC Hedge Fund•Multi-Strategy | $7.0M 700.0K shares |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | $7.0M 700.0K shares |
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $6.8M 684.4K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
| No exited positions found | |
Options Activity
Institutions with the largest Call and Put options positions in PAII as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with PAII as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 Boussard & Gavaudan Investment Management LLP Hedge Fund•Multi-Strategy | 1.71% $2.5M |
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | 1.18% $11.5M |
 Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | 1.11% $5.0M |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | 0.86% $7.0M |
 Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | 0.71% $3.2M |
 Governors Lane LP Hedge Fund•Event Driven | 0.56% $4.0M |
 PERISCOPE CAPITAL INC. Institution | 0.55% $2.0M |
 GRITSTONE ASSET MANAGEMENT LLC Hedge Fund•Sector | 0.53% $494.0K |
ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | 0.42% $8.5M |
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | 0.32% $7.0M |
Hedge Fund Spotlight
Discover hedge funds investing in PAII
P
Parallax Volatility Advisers, LLC
Hedge Fund • Vol Arbitrage
Portfolio ManagerWilliam Frederick Bartlett
- Portfolio Value
- $3.0B
- Positions
- 449
- Last Reported
- Q3 2025
Sector Allocation
P
Position in Pyrophyte Acquisition Corp. II
- Market Value
- $2.6M
- Shares Held
- 263.6K
- Portfolio Weight
- 0.09%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Internet Content & Information Communication Services | $209.6M | 7.10% | |
Unknown Unknown | $194.8M | 6.60% | |
Semiconductors Technology | $134.6M | 4.56% |
