Praetorian PR
RINCON, PRfiles as Praetorian PR LLC
$314m in 14 US stocks at the end of 30 June 2026. The top 10 are 97.2% of the money. It changed about 13.8% of the portfolio this quarter.
Value
$314m
Stocks
14
Top 10 share
97.2%
Turnover
13.8%
What changed this quarter
New
Bought for the first time this quarter.
- Equinox GoldEQX0.6% of the fund
- Cresud S A C I F Y ACRESY0.6% of the fund
- Irsa Inversiones Y REP S AIRS0.4% of the fund
Added
Bought more of a stock they already held.
- Universal Technical InstituteUTI18.4% of the fund+35%
- Marathon PetroleumMPC11.0% of the fund+42%
- XPXP7.9% of the fund+53%
- Valero EnergyVLO6.2% of the fund+25%
- Futu HldgsFUTU3.0% of the fund+122%
- SANUWAVE HealthSNWV1.3% of the fund+13%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
- Rocket CompaniesRKT-100%
Holdings
- SprottSII
- Share
- 19.7%
- Value
- $62m
- Shares
- 550,000
Held
- Futu HldgsFUTU
- Share
- 3.0%
- Value
- $9m
- Shares
- 100,000
+122%
- Equinox GoldEQX
- Share
- 0.6%
- Value
- $2m
- Shares
- 200,000
New
- Cresud S A C I F Y ACRESY
- Share
- 0.6%
- Value
- $2m
- Shares
- 154,169
New
- Irsa Inversiones Y REP S AIRS
- Share
- 0.4%
- Value
- $1m
- Shares
- 85,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| SprottSII | 19.7% | $62m | 550,000 | Held |
| Universal Technical InstituteUTI | 18.4% | $58m | 1,350,000 | +35% |
| ST JOEJOE | 13.5% | $42m | 675,000 | Held |
| Marathon PetroleumMPC | 11.0% | $35m | 135,000 | +42% |
| Marex GroupMRX | 9.7% | $30m | 500,000 | Held |
| XPXP | 7.9% | $25m | 1,525,000 | +53% |
| Valero EnergyVLO | 6.2% | $20m | 75,000 | +25% |
| StrideLRN | 5.5% | $17m | 200,000 | Held |
| Futu HldgsFUTU | 3.0% | $9m | 100,000 | +122% |
| Lincoln Educational ServicesLINC | 2.3% | $7m | 142,500 | Held |
| SANUWAVE HealthSNWV | 1.3% | $4m | 395,000 | +13% |
| Equinox GoldEQX | 0.6% | $2m | 200,000 | New |
| Cresud S A C I F Y ACRESY | 0.6% | $2m | 154,169 | New |
| Irsa Inversiones Y REP S AIRS | 0.4% | $1m | 85,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 190.4% since 30 June 2025.
Where the money is
Financial services37.3%
Retail & consumer26.2%
Energy17.2%
Real estate13.5%
Health care1.3%
Materials0.6%
Other4.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.