Paragon 28, Inc.
FNA
FNA was delisted on the 17th of April, 2025.
129 hedge funds and large institutions have $492M invested in Paragon 28, Inc. in 2024 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 39 increasing their positions, 38 reducing their positions, and 15 closing their positions.
869% more call options, than puts
Call options by funds: $126K | Put options by funds: $13K
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
46% more capital invested
Capital invested by funds: $336M → $492M (+$156M)
14% more funds holding
Funds holding: 113 → 129 (+16)
3% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.44M |
| 2 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$3.44M |
| 3 |
Millennium Management
New York
|
+$2.81M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$849K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.34M |
| 2 |
EP
Eversept Partners
New York
|
-$5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.64M |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.16M |
| 5 |
MP
MVM Partners
Boston,
Massachusetts
|
-$4.04M |
FNA Hedge Fund Activity: Q4 2024 in Review
129 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Paragon 28, Inc. (FNA) for Q4 2024, worth a combined $492M — up 46% from $336M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FNA positions and 15 closed out — a net gain of 16 holders — while 39 added to existing stakes and 38 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.44M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $5.34M.
- 129 institutional investors held Paragon 28, Inc. (FNA) as of Q4 2024, up from 113 in Q3 2024.
- Funds reported $492M of Paragon 28, Inc. stock for Q4 2024, up 46% quarter-over-quarter.
- 31 funds opened new Paragon 28, Inc. positions in Q4 2024 and 15 closed out, a net change of +16 holders.
- The largest Paragon 28, Inc. buyer in Q4 2024 was Vanguard Group, an estimated $3.44M added.
- The largest Paragon 28, Inc. seller in Q4 2024 was Thrivent Financial for Lutherans, an estimated $5.34M sold.
Based on aggregated 13F filings for Q4 2024.