Paragon 28, Inc.
FNA
FNA was delisted on the 17th of April, 2025.
107 hedge funds and large institutions have $510M invested in Paragon 28, Inc. in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 37 reducing their positions, and 22 closing their positions.
57% more call options, than puts
Call options by funds: $850K | Put options by funds: $542K
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less capital invested
Capital invested by funds: $511M → $510M (-$612K)
4% less funds holding
Funds holding: 111 → 107 (-4)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
19% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$13.7M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$10.4M |
| 3 |
DPAM
Degroof Petercam Asset Management
Brussels,
Belgium
|
+$3.69M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$3.25M |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$8.62M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.74M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$4.23M |
| 4 |
Morgan Stanley
New York
|
-$3.01M |
| 5 |
RC
Roubaix Capital
Denver,
Colorado
|
-$2.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
126
MCF Advisors
Covington,
Kentucky
| – | -$2.6K | -209 | Closed |
|
127
Comerica Bank
Dallas,
Texas
| – | -$273 | -22 | Closed |
|
|
GWS
128
Glassman Wealth Services
Vienna,
Virginia
| – | -$236 | -19 | Closed |
|
|
C
129
Covestor
London,
United Kingdom
| – | -$12 | -1 | -10% |
|
FNA Hedge Fund Activity: Q1 2024 in Review
107 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Paragon 28, Inc. (FNA) for Q1 2024, worth a combined $510M — down 0.12% from $511M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FNA and 18 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 30 added.
The largest buyer was Citadel Advisors, adding an estimated $13.7M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $8.62M sold.
- 107 institutional investors held Paragon 28, Inc. (FNA) as of Q1 2024, down from 111 in Q4 2023.
- Funds reported $510M of Paragon 28, Inc. stock for Q1 2024, down 0.12% quarter-over-quarter.
- 18 funds opened new Paragon 28, Inc. positions in Q1 2024 and 22 closed out, a net change of -4 holders.
- The largest Paragon 28, Inc. buyer in Q1 2024 was Citadel Advisors, an estimated $13.7M added.
- The largest Paragon 28, Inc. seller in Q1 2024 was Loomis, Sayles & Company, an estimated $8.62M sold.
Based on aggregated 13F filings for Q1 2024.