We are live on ! Find out more
FNA

Paragon 28, Inc.
FNA

Delisted

FNA was delisted on the 17th of April, 2025.

Back to rankings

86 hedge funds and large institutions have $587M invested in Paragon 28, Inc. in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

100% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 8

24% more capital invested

Capital invested by funds: $472M → $587M (+$115M)

9% more funds holding

Funds holding: 79 → 86 (+7)

8% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 26

Holders
86
Holders Change
+7
Holders Change %
+8.86%
% of All Funds
1.38%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
16
Increased
28
Reduced
26
Closed
8
Calls
$23K
Puts
–
Net Calls
+$23K
Net Calls Change
+$5K

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$5.87M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$4.05M
3
Citadel Advisors
Citadel Advisors
Florida
+$3.54M
4
LCG
Lisanti Capital Growth
New York
+$2.23M
5
N
Nuveen
North Carolina
+$1.23M

Top Sellers

Rank Fund Capital Flow
1
Janus Henderson Group
Janus Henderson Group
United Kingdom
-$14.2M
2
Millennium Management
Millennium Management
New York
-$11.5M
3
WA
Wasatch Advisors
Utah
-$9.41M
4
ACH
ArrowMark Colorado Holdings
Colorado
-$4.11M
5
State Street
State Street
Massachusetts
-$4M
Name Holding Trade Value Shares
Change 		Change in
Stake
LCG
26
Lisanti Capital Growth
New York
$2.25M +$2.23M +117,930 New
Calamos Advisors
27
Calamos Advisors
Illinois
$1.79M -$1.23M -65,065 -41%
IA
28
Integrity Advisory
Kansas
$1.59M – – –
D.E. Shaw & Co
29
D.E. Shaw & Co
New York
$1.32M +$821K +43,423 +170%
N
30
Numerai
California
$1.27M +$1.26M +66,639 New
Swiss National Bank
31
Swiss National Bank
Switzerland
$1.24M +$35.9K +1,900 +3%
Morgan Stanley
32
Morgan Stanley
New York
$1.24M -$120K -6,371 -9%
SEI Investments
33
SEI Investments
Pennsylvania
$1.15M -$181K -9,567 -14%
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$1.09M +$21K +1,111 +2%
AllianceBernstein
35
AllianceBernstein
Tennessee
$894K – – –
California State Teachers Retirement System (CalSTRS)
36
California State Teachers Retirement System (CalSTRS)
California
$798K +$9.89K +523 +1%
JP Morgan Chase
37
JP Morgan Chase
New York
$737K +$250K +13,241 +52%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$621K -$435 -23 -0.1%
Goldman Sachs
39
Goldman Sachs
New York
$584K +$52.4K +2,769 +10%
Invesco
40
Invesco
Georgia
$493K +$231K +12,214 +90%
MIM
41
MetLife Investment Management
New Jersey
$479K – – –
UBS AM
42
UBS AM
Illinois
$459K – – –
HF
43
HRT Financial
New York
$452K +$447K +23,659 New
Tudor Investment Corp
44
Tudor Investment Corp
Connecticut
$451K +$88.5K +4,679 +25%
Deutsche Bank
45
Deutsche Bank
Germany
$448K +$41.5K +2,195 +10%
VCP
46
Vista Capital Partners
Oregon
$445K -$59.7K -3,158 -12%
APP
47
Alpha Paradigm Partners
Illinois
$428K +$423K +22,377 New
AIG
48
American International Group
New York
$417K -$1.49K -79 -0.4%
CS
49
Credit Suisse
Switzerland
$393K +$53.6K +2,833 +16%
Mirae Asset Global Investments
50
Mirae Asset Global Investments
South Korea
$381K +$14.8K +784 +4%
1
2
3 4

FNA Hedge Fund Activity: Q4 2022 in Review

86 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Paragon 28, Inc. (FNA) for Q4 2022, worth a combined $587M — up 24% from $472M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FNA positions and 8 closed out — a net gain of 8 holders — while 28 added to existing stakes and 26 trimmed.

The largest buyer was BlackRock, adding an estimated $5.87M. The largest seller was Janus Henderson Group, cutting an estimated $14.2M.

  • 86 institutional investors held Paragon 28, Inc. (FNA) as of Q4 2022, up from 79 in Q3 2022.
  • Funds reported $587M of Paragon 28, Inc. stock for Q4 2022, up 24% quarter-over-quarter.
  • 16 funds opened new Paragon 28, Inc. positions in Q4 2022 and 8 closed out, a net change of +8 holders.
  • The largest Paragon 28, Inc. buyer in Q4 2022 was BlackRock, an estimated $5.87M added.
  • The largest Paragon 28, Inc. seller in Q4 2022 was Janus Henderson Group, an estimated $14.2M sold.

Based on aggregated 13F filings for Q4 2022.