Paragon 28, Inc.
FNA
FNA was delisted on the 17th of April, 2025.
111 hedge funds and large institutions have $326M invested in Paragon 28, Inc. in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 47 increasing their positions, 17 reducing their positions, and 24 closing their positions.
176% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 17
35% more call options, than puts
Call options by funds: $35K | Put options by funds: $26K
29% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 24
4% more funds holding
Funds holding: 107 → 111 (+4)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
36% less capital invested
Capital invested by funds: $510M → $326M (-$184M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$37M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$8.47M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
+$8.24M |
| 4 |
B
Braidwell
Stamford,
Connecticut
|
+$6.63M |
| 5 |
Millennium Management
New York
|
+$6.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$9.11M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$6.18M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$5.58M |
| 4 |
Neuberger Berman Group
New York
|
-$4.63M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
126
AXQ Capital
Jersey City,
New Jersey
| – | -$139K | -11,223 | Closed |
|
|
MLICM
127
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$32.1K | -2,602 | Closed |
|
|
A
128
AlphaQuest
New York
| – | -$25.9K | -2,097 | Closed |
|
129
Group One Trading
Chicago,
Illinois
| – | -$15.1K | -1,222 | Closed |
|
130
US Bancorp
Minneapolis,
Minnesota
| – | -$12.4K | -1,002 | Closed |
|
|
HNB
131
Huntington National Bank
Columbus,
Ohio
| – | -$2.21K | -179 | Closed |
|
|
QCG
132
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$853 | -69 | Closed |
|
|
FFA
133
Farther Finance Advisors
San Francisco,
California
| – | -$337 | -28 | Closed |
|
|
S
134
SignatureFD
Atlanta,
Georgia
| – | -$321 | -26 | Closed |
|
|
C
135
Covestor
London,
United Kingdom
| – | +$186 | +22 | +244% |
|
FNA Hedge Fund Activity: Q2 2024 in Review
111 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Paragon 28, Inc. (FNA) for Q2 2024, worth a combined $326M — down 36% from $510M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FNA positions and 24 closed out — a net gain of 7 holders — while 47 added to existing stakes and 17 trimmed.
The largest buyer was First Light Asset Management, adding an estimated $37M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $9.11M sold.
- 111 institutional investors held Paragon 28, Inc. (FNA) as of Q2 2024, up from 107 in Q1 2024.
- Funds reported $326M of Paragon 28, Inc. stock for Q2 2024, down 36% quarter-over-quarter.
- 31 funds opened new Paragon 28, Inc. positions in Q2 2024 and 24 closed out, a net change of +7 holders.
- The largest Paragon 28, Inc. buyer in Q2 2024 was First Light Asset Management, an estimated $37M added.
- The largest Paragon 28, Inc. seller in Q2 2024 was ArrowMark Colorado Holdings, an estimated $9.11M sold.
Based on aggregated 13F filings for Q2 2024.