Proficient Auto Logistics
PAL
73 hedge funds and large institutions have $209M invested in Proficient Auto Logistics in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 9 closing their positions.
311% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 9
62% more funds holding
Funds holding: 45 → 73 (+28)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
1.99% less ownership
Funds ownership: 56.62% → 54.63% (-2%)
12% less capital invested
Capital invested by funds: $237M → $209M (-$28.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$13.3M |
| 2 |
BlackRock
New York
|
+$12.6M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.63M |
| 4 |
Renaissance Technologies
New York
|
+$3.02M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$12.9M |
| 2 |
ZP
Zimmer Partners
New York
|
-$8.59M |
| 3 |
AIC
AWM Investment Company
New York
|
-$8.54M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$5.29M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$2.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
76
HBK Investments
Dallas,
Texas
| – | -$1.61M | -100,000 | Closed |
|
|
MHP
77
Manatuck Hill Partners
Westport,
Connecticut
| – | -$883K | -55,000 | Closed |
|
|
MIM
78
Monashee Investment Management
Boston,
Massachusetts
| – | -$562K | -35,000 | Closed |
|
|
ECM
79
ExodusPoint Capital Management
New York
| – | -$308K | -19,148 | Closed |
|
80
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$275K | -16,830 | Closed |
|
81
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$257K | -16,000 | Closed |
|
|
XT
82
XTX Topco
George Town,
Cayman Islands
| – | -$176K | -10,980 | Closed |
|
PAL Hedge Fund Activity: Q3 2024 in Review
73 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Proficient Auto Logistics (PAL) for Q3 2024, worth a combined $209M — down 12% from $237M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PAL positions and 9 closed out — a net gain of 28 holders — while 17 added to existing stakes and 18 trimmed.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $13.3M. The largest seller was Alyeska Investment Group, cutting an estimated $12.9M.
- 73 institutional investors held Proficient Auto Logistics (PAL) as of Q3 2024, up from 45 in Q2 2024.
- Funds reported $209M of Proficient Auto Logistics stock for Q3 2024, down 12% quarter-over-quarter.
- 37 funds opened new Proficient Auto Logistics positions in Q3 2024 and 9 closed out, a net change of +28 holders.
- The largest Proficient Auto Logistics buyer in Q3 2024 was GW&K Investment Management, an estimated $13.3M added.
- The largest Proficient Auto Logistics seller in Q3 2024 was Alyeska Investment Group, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2024.