Pyrophyte Acquisition Corp II
PAII
52 hedge funds and large institutions have $190M invested in Pyrophyte Acquisition Corp II in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
94.24% more ownership
Funds ownership: 0% → 94.24% (+94%)
37% more funds holding
Funds holding: 38 → 52 (+14)
28% more capital invested
Capital invested by funds: $148M → $190M (+$41.7M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$8.55M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$7.54M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$7.54M |
| 4 |
MCM
Moore Capital Management
New York
|
+$5.03M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.63M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.75M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.74M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.21M |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| $87.6K | +$87.5K | +8,705 | New |
|
|
FIA
52
FNY Investment Advisers
New York
| $8K | +$7.74K | +770 | +770% |
|
|
53
Parallax Volatility Advisers
San Francisco,
California
| – | -$2.63M | -263,600 | Closed |
|
|
SG
54
StoneX Group
New York
| – | -$1.1M | -110,371 | Closed |
|
|
CF
55
Cantor Fitzgerald
New York
| – | -$726K | -72,900 | Closed |
|
PAII Hedge Fund Activity: Q4 2025 in Review
52 of the 8,256 institutional investors tracked by Wall St. Rank reported a position in Pyrophyte Acquisition Corp II (PAII) for Q4 2025, worth a combined $190M — up 28% from $148M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PAII positions and 3 closed out — a net gain of 14 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $8.55M. The largest seller was Parallax Volatility Advisers, exiting entirely with an estimated $2.63M sold.
- 52 institutional investors held Pyrophyte Acquisition Corp II (PAII) as of Q4 2025, up from 38 in Q3 2025.
- Funds reported $190M of Pyrophyte Acquisition Corp II stock for Q4 2025, up 28% quarter-over-quarter.
- 17 funds opened new Pyrophyte Acquisition Corp II positions in Q4 2025 and 3 closed out, a net change of +14 holders.
- The largest Pyrophyte Acquisition Corp II buyer in Q4 2025 was HGC Investment Management, an estimated $8.55M added.
- The largest Pyrophyte Acquisition Corp II seller in Q4 2025 was Parallax Volatility Advisers, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2025.