Navios Maritime Partners
70 hedge funds and large institutions have $360M invested in Navios Maritime Partners in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 2 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 2
75% more funds holding
Funds holding: 40 → 70 (+30)
72% more capital invested
Capital invested by funds: $209M → $360M (+$151M)
20% more call options, than puts
Call options by funds: $53.9M | Put options by funds: $45M
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
3.22% more ownership
Funds ownership: 24.78% → 28% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGA
Pilgrim Global Advisors
Reno,
Nevada
|
+$7.22M |
| 2 |
Morgan Stanley
New York
|
+$4.26M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.32M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.23M |
| 5 |
Two Sigma Investments
New York
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Group One Trading
Chicago,
Illinois
|
-$5.9M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
-$1.72M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.19M |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$531K |
| 5 |
Walleye Trading
New York
|
-$323K |
NMM Hedge Fund Activity: Q1 2024 in Review
70 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Navios Maritime Partners (NMM) for Q1 2024, worth a combined $360M — up 72% from $209M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new NMM positions and 2 closed out — a net gain of 30 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Pilgrim Global Advisors, adding an estimated $7.22M. The largest seller was Group One Trading, cutting an estimated $5.9M.
- 70 institutional investors held Navios Maritime Partners (NMM) as of Q1 2024, up from 40 in Q4 2023.
- Funds reported $360M of Navios Maritime Partners stock for Q1 2024, up 72% quarter-over-quarter.
- 32 funds opened new Navios Maritime Partners positions in Q1 2024 and 2 closed out, a net change of +30 holders.
- The largest Navios Maritime Partners buyer in Q1 2024 was Pilgrim Global Advisors, an estimated $7.22M added.
- The largest Navios Maritime Partners seller in Q1 2024 was Group One Trading, an estimated $5.9M sold.
Based on aggregated 13F filings for Q1 2024.