Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PGAC held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BERKLEY W R CORP | 874K | $9.2M | +50.3% | 9.859% | 0.49% |
| 2 | Karpus Management, Inc. | 832K | $8.7M | — | 9.375% | 0.27% |
| 3 | WOLVERINE ASSET MANAGEMENT LLC | 759K | $7.9M | -0.5% | 8.553% | 0.13% |
| 4 | MIZUHO SECURITIES USA LLC | 759K | $7.9M | +19.9% | 8.555% | 0.19% |
| 5 | Polar Asset Management Partners Inc. | 700K | $7.3M | 0.0% | 7.892% | 0.16% |
| 6 | CNH PARTNERS LLC | 509K | $5.3M | -4.1% | 5.738% | 0.09% |
| 7 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 450K | $4.7M | 0.0% | 5.074% | 0.24% |
| 8 | Westchester Capital Management, LLC | 443K | $4.6M | 0.0% | 4.995% | 0.22% |
| 9 | Hudson Bay Capital Management LP | 396K | $4.1M | 0.0% | 4.460% | 0.04% |
| 10 | D. E. Shaw & Co., Inc. | 325K | $3.4M | 0.0% | 3.664% | 0.00% |
| 11 | Radcliffe Capital Management, L.P. | 229K | $2.4M | 0.0% | 2.583% | 0.18% |
| 12 | GOLDMAN SACHS GROUP INC | 157K | $1.6M | 0.0% | 1.775% | 0.00% |
| 13 | GABELLI & Co INVESTMENT ADVISERS, INC. | 153K | $1.6M | -24.6% | 1.727% | 0.24% |
| 14 | Shaolin Capital Management LLC | 150K | $1.6M | 0.0% | 1.691% | 0.06% |
| 15 | TORONTO DOMINION BANK | 150K | $1.6M | +50.0% | 1.691% | 0.00% |
| 16 | Crossingbridge Advisors, LLC | 108K | $1.1M | — | 1.218% | 0.20% |
| 17 | Clear Street Group Inc. | 70K | $736K | +17.4% | 0.792% | 0.00% |
| 18 | HEIGHTS CAPITAL MANAGEMENT, INC | 65K | $681K | 0.0% | 0.733% | 0.19% |
| 19 | TWO SIGMA INVESTMENTS, LP | 59K | $622K | -78.2% | 0.669% | 0.00% |
| 20 | Warberg Asset Management LLC | 25K | $259K | -67.5% | 0.279% | 0.08% |
| 21 | BNP PARIBAS ARBITRAGE, SA | 22K | $229K | — | 0.246% | 0.00% |
| 22 | CITADEL ADVISORS LLC | 15K | $156K | — | 0.168% | 0.00% |
| 23 | METEORA CAPITAL, LLC | 14K | $147K | — | 0.158% | 0.01% |
| 24 | GLAZER CAPITAL, LLC | 199K | $2K | -0.6% | 2.241% | 0.04% |
| 25 | MORGAN STANLEY | 77 | $807 | +51.0% | 0.001% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in PGAC — a direct measure of their conviction.
Filings activity in PGAC during Q1 2026, grouped by how each filer changed its position.
5 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 25 | +0.0% | 81.14% | +8.83 pp | $76M | +12% |
| Q4 2025 | 25 | 11% | 72.31% | 7.65 pp | $68M | 9.6% |
| Q3 2025 | 28 | +17% | 79.96% | +9.48 pp | $75M | +13% |
| Q2 2025 | 24 | +20% | 70.48% | +11.54 pp | $66M | +20% |
| Q1 2025 | 20 | — | 58.94% | — | $55M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PGAC stock.
Based on Q1 2026 13F filings, institutional ownership of Pantages Capital Acquisition Corp stands at 81.1%, held across 25 reporting institutions.
BERKLEY W R CORP is the largest reported institutional holder of PGAC, with approximately 874,411 shares worth $0.01B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of PGAC, including TWO SIGMA INVESTMENTS, LP, CITADEL ADVISORS LLC.
Our composite Smart Money Score for PGAC is 65 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
5 institutions opened new positions in PGAC during Q1 2026, while 5 fully exited. 16 added to existing positions and 4 trimmed.
PGAC institutional ownership rose by 8.83 percentage points quarter-over-quarter, with a net change of +0 holders.
The top 10 institutions account for 83.2% of all reported 13F value in PGAC, and the top 25 account for 100.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Pantages Capital Acquisition Corp (PGAC) Institutional Ownership