| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Pyrophyte Acquisition II LLC | 26% | $71,785,353 | 7,135,721 | Pyrophyte Acquisition II LLC | 16 Jul 2025 | |||
| Linden Capital L.P. | 5.7% | 1,150,000 | Linden Advisors LP | 16 Sep 2025 | ||||
| MILLENNIUM MANAGEMENT LLC | 3.9% | $7,126,435 | 775,000 | Millennium Management LLC | 31 Dec 2025 |
As of 31 Dec 2025, 52 institutional investors reported holding 18,885,895 shares of Pyrophyte Acquisition Corp. II - Class A Ordinary Shares, par value $0.0001 per share (PAII). This represents 69% of the company’s total 27,235,576 outstanding shares.
The largest institutional shareholders of Pyrophyte Acquisition Corp. II - Class A Ordinary Shares, par value $0.0001 per share (PAII) together control 57% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Linden Advisors LP | 4.2% | 1,150,000 | 0% | 0.07% | $11,569,000 |
| D. E. Shaw & Co., Inc. | 3.6% | 992,036 | 0% | 0.01% | $9,979,882 |
| HGC Investment Management Inc. | 3.1% | 850,000 | 1.8% | $8,551,000 | |
| ARISTEIA CAPITAL, L.L.C. | 3.1% | 850,000 | 0% | 0.24% | $8,551,000 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 3.1% | 850,000 | -5.6% | 0.01% | $8,551,000 |
| Glazer Capital, LLC | 2.9% | 800,000 | +14% | 0.21% | $8,048,000 |
| MILLENNIUM MANAGEMENT LLC | 2.8% | 775,000 | -10% | 0.01% | $7,796,500 |
| Alberta Investment Management Corp | 2.8% | 750,000 | 0.05% | $7,545,000 | |
| Polar Asset Management Partners Inc. | 2.8% | 750,000 | 0.15% | $7,545,000 | |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 2.6% | 700,000 | 0% | 0.1% | $7,042,000 |
| TWO SIGMA INVESTMENTS, LP | 2.5% | 684,375 | 0% | 0.01% | $6,884,813 |
| Schonfeld Strategic Advisors LLC | 2.2% | 610,000 | +26% | 0.03% | $6,136,600 |
| TORONTO DOMINION BANK | 2.1% | 577,016 | -23% | 0.01% | $5,804,781 |
| AQR Arbitrage LLC | 2.1% | 566,998 | 0% | 0.12% | $5,704,000 |
| Verition Fund Management LLC | 1.9% | 526,415 | -25% | 0.03% | $5,295,735 |
| MOORE CAPITAL MANAGEMENT, LP | 1.8% | 500,000 | 0.1% | $5,030,000 | |
| PICTON MAHONEY ASSET MANAGEMENT | 1.8% | 500,000 | 0% | 0.06% | $5,030,000 |
| Governors Lane LP | 1.5% | 416,789 | +4.2% | 0.39% | $4,192,897 |
| Periscope Capital Inc. | 1.4% | 392,800 | +97% | 0.77% | $3,951,568 |
| Radcliffe Capital Management, L.P. | 1.4% | 384,841 | +19% | 0.21% | $3,871,500 |
| Shaolin Capital Management LLC | 1.4% | 379,263 | -24% | 0.14% | $3,815,386 |
| Magnetar Financial LLC | 1.4% | 375,830 | 0.04% | $3,780,850 | |
| Sculptor Capital LP | 1.4% | 374,254 | -6.4% | 0.05% | $3,764,995 |
| OMERS ADMINISTRATION Corp | 1.3% | 350,000 | 0.03% | $3,521,000 | |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 1.1% | 300,000 | 0% | 0.02% | $3,018,000 |