Fir Tree Capital Management’s Pangaea Logistics PANL Stock Holding History

Fir Tree Capital Management’s Portfolio PANL Stock Details PANL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-99,181	Closed	-$271K	–	63
2015 Q1	$271K	Hold	99,181	–	–	﹤0.01%	62
2014 Q4	$471K	Sell	99,181 -892,632	-90%	-$5.2M	﹤0.01%	78
2014 Q3	$9.5M	Hold	991,813	–	–	0.11%	69
2014 Q2	$10M	Hold	991,813	–	–	0.11%	63
2014 Q1	$9.7M	Hold	991,813	–	–	0.11%	61
2013 Q4	$9.5M	Buy	+991,813	New	+$9.5M	0.11%	74

Other funds holding PANL

Rockland Trust Hanover, Massachusetts $2.61B AUM 14.26% 1-Year Est. Return

KPF

K2 Principal Fund Toronto, Ontario, Canada $1.2B AUM 6.57% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $7.02B AUM 31.58% 1-Year Est. Return

Bulldog Investors Saddle Brook, New Jersey $455M AUM 2.3% 1-Year Est. Return

Jefferies Group New York $12B AUM 6.2% 1-Year Est. Return

Lucus Advisors New York $57.7M AUM 0.6% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $362B AUM 34.89% 1-Year Est. Return

Tower Research Capital (TRC) New York $4.08B AUM 58.77% 1-Year Est. Return

UBS Group Zurich, Switzerland $765B AUM 28.39% 1-Year Est. Return

BlackRock Investment Management Wilmington, Delaware $86.4B AUM 16.83% 1-Year Est. Return

Fir Tree Capital Management's PANL Position: Q2 2015 in Review

Fir Tree Capital Management sold out of Pangaea Logistics (PANL) in Q2 2015, closing a stake of 99,181 shares — an estimated $271K sold.

Fir Tree Capital Management first reported a position in PANL in Q4 2013 and held it in 6 quarters. The position peaked at $10M in Q2 2014. 10 funds tracked by Wall St. Rank hold PANL as of Q2 2015.

Fir Tree Capital Management reported no remaining Pangaea Logistics position as of Q2 2015 after selling out during the quarter.
Fir Tree Capital Management sold 99,181 Pangaea Logistics shares in Q2 2015, an estimated $271K.
Fir Tree Capital Management first reported a position in Pangaea Logistics in Q4 2013 and held it in 6 quarters.
Fir Tree Capital Management's Pangaea Logistics position peaked at $10M in Q2 2014.
10 funds tracked by Wall St. Rank held Pangaea Logistics as of Q2 2015.

Based on Fir Tree Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.