Pelican Acquisition Corporation Ordinary Shares
PELI • NASDAQ
Pelican Acquisition Corporation Ordinary Shares is a blank checks company on NASDAQ, with a market cap of $121.9M. As of Q3 2025, 51% of shares are held by 33 institutional investors, with BERKLEY W R CORP as the largest holder at 4.32%.
Market Cap$121.9M
BLANK CHECKS
Overview
Overview of institutional ownership in PELI as of Q3 2025 with a market cap of $120.7M
All Institutions
- Institutions
- 33
- Value Held
- $62.1M
- Shares Held
- 6.2M
- Avg Position
- $1.9M
- Median Position
- $2.0M
Hedge Funds
- Hedge Funds
- 19
- Value Held
- $44.9M
- Shares Held
- 4.5M
- Avg Position
- $2.4M
- Median Position
- $2.4M
Ownership Breakdown
Based on market cap of $120.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in PELI as of Q3 2025
| Institution | Position Value |
|---|---|
 BERKLEY W R CORP Institution | $5.2M 0.35% of portfolio |
 GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | $5.0M 0.23% of portfolio |
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $4.6M 0.32% of portfolio |
 LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | $3.7M 0.38% of portfolio |
 Polar Securities Inc. Hedge Fund•Multi-Strategy | $3.7M 0.11% of portfolio |
K Karpus Management, Inc. Institution | $3.5M 0.11% of portfolio |
 Decagon Asset Management LLP Hedge Fund•Event Driven | $3.3M 1.93% of portfolio |
 Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | $2.8M 0.62% of portfolio |
 CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $2.8M 0.10% of portfolio |
 ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | $2.5M 0.12% of portfolio |
Net Capital Flow
Institutional buying and selling activity for PELI in Q3 2025
- Traded
- +$6.4M
- Buyers
- 17
- Sellers
- 5
- Total Bought
- +$12.0M
- Total Sold
- −$5.6M
- Avg Position
- $1.8M
Biggest Buyers
| Institution | Net Bought |
|---|---|
 Wealthspring Capital LLC Hedge Fund•Event Driven | +$2.4M +238.3K shares |
 RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | +$2.0M +197.5K shares |
BERKLEY W R CORP Institution | +$1.7M +165.1K shares |
Decagon Asset Management LLP Hedge Fund•Event Driven | +$1.6M +161.7K shares |
W WHITEBOX ADVISORS LLC Hedge Fund•Multi-Strategy | +$1.5M +150.0K shares |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | +$855.1K +85.0K shares |
 GOLDMAN SACHS GROUP INC Institution | +$573.9K +57.0K shares |
H HEIGHTS CAPITAL MANAGEMENT, INC Institution | +$503.0K +50.0K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | +$334.8K +33.3K shares |
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | +$174.8K +17.4K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 TORONTO DOMINION BANK Institution | −$1.8M −184.0K shares |
V Virtu Financial LLC Institution | −$1.7M −172.9K shares |
 UBS OCONNOR LLC Long Only Manager | −$1.0M −100.0K shares |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | −$959.0K −95.3K shares |
 Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | −$19.2K −1.9K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited PELI in Q3 2025
- New Positions
- 10
- New Value
- $8.4M
- Exited Positions
- 2
- Exited Value
- $2.8M
New Positions
| Institution | Position Value |
|---|---|
Wealthspring Capital LLC Hedge Fund•Event Driven | $2.4M 238.3K shares |
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $2.0M 197.5K shares |
W WHITEBOX ADVISORS LLC Hedge Fund•Multi-Strategy | $1.5M 150.0K shares |
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | $855.1K 85.0K shares |
GOLDMAN SACHS GROUP INC Institution | $573.9K 57.0K shares |
H HEIGHTS CAPITAL MANAGEMENT, INC Institution | $503.0K 50.0K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | $334.8K 33.3K shares |
H HRT FINANCIAL LLC Institution | $163.1K 16.2K shares |
 Wellspring Financial Advisors, LLC RIA/Wealth | $120.7K 12.0K shares |
 UBS Group AG Institution | $2.0K 200.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
TORONTO DOMINION BANK Institution | $1.8M 184.0K shares |
UBS OCONNOR LLC Long Only Manager | $1.0M 100.0K shares |
Options Activity
Institutions with the largest Call and Put options positions in PELI as of Q3 2025
- Call Positions
- 1
- Call Value
- $3.5K
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
 DLD Asset Management, LP Hedge Fund•Multi-Strategy | $3.5K 130.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with PELI as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Decagon Asset Management LLP Hedge Fund•Event Driven | 1.93% $3.3M |
W Warberg Asset Management LLC Hedge Fund•Multi-Strategy | 1.00% $503.0K |
Wealthspring Capital LLC Hedge Fund•Event Driven | 0.67% $2.4M |
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | 0.62% $2.8M |
Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | 0.55% $2.5M |
 PERISCOPE CAPITAL INC. Institution | 0.55% $2.0M |
M Mint Tower Capital Management B.V. Institution | 0.45% $1.5M |
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | 0.38% $3.7M |
BERKLEY W R CORP Institution | 0.35% $5.2M |
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | 0.32% $4.6M |
Hedge Fund Spotlight
Discover hedge funds investing in PELI
Magnetar Financial LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerDavid Jay Snyderman
- Portfolio Value
- $15.4B
- Positions
- 724
- Last Reported
- Q3 2025
Sector Allocation
Position in Pelican Acquisition Corporation Ordinary Shares
- Market Value
- $2.0M
- Shares Held
- 195.0K
- Portfolio Weight
- 0.01%
- Owned Since
- 2025-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $11.2B | 72.75% | |
Railroads Industrials | $107.6M | 0.70% | |
Software - Infrastructure Technology | $102.1M | 0.66% |
