Paragon 28, Inc.
FNA
FNA was delisted on the 17th of April, 2025.
113 hedge funds and large institutions have $336M invested in Paragon 28, Inc. in 2024 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 20 closing their positions.
889% more call options, than puts
Call options by funds: $188K | Put options by funds: $19K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
2% more funds holding
Funds holding: 111 → 113 (+2)
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
3% more capital invested
Capital invested by funds: $326M → $336M (+$9.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$15M |
| 2 |
CCM
Cadian Capital Management
New York
|
+$14.4M |
| 3 |
JP Morgan Chase
New York
|
+$5.68M |
| 4 |
EP
Eversept Partners
New York
|
+$5.67M |
| 5 |
HWM
HighMark Wealth Management
St. Paul,
Minnesota
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.96M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.58M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.63M |
| 4 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$2.39M |
| 5 |
PM
Prosight Management
Dallas,
Texas
|
-$1.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
126
Quantbot Technologies
New York
| – | -$130K | -18,953 | Closed |
|
127
HSBC Holdings
London,
United Kingdom
| – | -$104K | -15,789 | Closed |
|
|
GCM
128
Graham Capital Management
Rowayton,
Connecticut
| – | -$88.3K | -12,910 | Closed |
|
|
LCS
129
Levin Capital Strategies
New York
| – | -$68.4K | -10,000 | Closed |
|
130
Simplex Trading
Chicago,
Illinois
| – | -$7.13K | -941 | Closed |
|
|
RWMG
131
Redwood Wealth Management Group
Medford,
New Jersey
| – | -$6.16K | -900 | Closed |
|
|
EWA
132
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$3.98K | -511 | Closed |
|
|
C
133
Covestor
London,
United Kingdom
| – | -$167 | -22 | -71% |
|
FNA Hedge Fund Activity: Q3 2024 in Review
113 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Paragon 28, Inc. (FNA) for Q3 2024, worth a combined $336M — up 2.9% from $326M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FNA positions and 20 closed out — a net gain of 2 holders — while 37 added to existing stakes and 34 trimmed.
The largest buyer was First Light Asset Management, adding an estimated $15M. The largest seller was Millennium Management, exiting entirely with an estimated $4.96M sold.
- 113 institutional investors held Paragon 28, Inc. (FNA) as of Q3 2024, up from 111 in Q2 2024.
- Funds reported $336M of Paragon 28, Inc. stock for Q3 2024, up 2.9% quarter-over-quarter.
- 22 funds opened new Paragon 28, Inc. positions in Q3 2024 and 20 closed out, a net change of +2 holders.
- The largest Paragon 28, Inc. buyer in Q3 2024 was First Light Asset Management, an estimated $15M added.
- The largest Paragon 28, Inc. seller in Q3 2024 was Millennium Management, an estimated $4.96M sold.
Based on aggregated 13F filings for Q3 2024.