Pangaea Logistics
PANL
35 hedge funds and large institutions have $33.5M invested in Pangaea Logistics in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
59% more funds holding
Funds holding: 22 → 35 (+13)
34% more capital invested
Capital invested by funds: $25.1M → $33.5M (+$8.42M)
2% more ownership
Funds ownership: 27.79% → 29.79% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$448K |
| 2 |
BlackRock
New York
|
+$306K |
| 3 |
State Street
Boston,
Massachusetts
|
+$229K |
| 4 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$194K |
| 5 |
Millennium Management
New York
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
-$61.8K |
| 2 |
ECM
ExodusPoint Capital Management
New York
|
-$22K |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$16K |
| 4 |
JG
Jefferies Group
New York
|
-$2.83K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $13K | +$11.6K | +5,319 | New |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $12K | +$10.6K | +4,867 | New |
|
|
28
Bank of America
Charlotte,
North Carolina
| $9K | -$2.54K | -1,168 | -25% |
|
29
Morgan Stanley
New York
| $8K | +$6.67K | +3,065 | +1,533% |
|
30
BNP Paribas Financial Markets
Paris,
France
| $4.16K | +$3.61K | +1,659 | New |
|
31
Legal & General Group
London,
United Kingdom
| $3K | +$2.98K | +1,367 | New |
|
|
PAM
32
Panagora Asset Management
Boston,
Massachusetts
| $2K | – | – | – |
|
33
Citigroup
New York
| $2K | +$1.36K | +624 | +395% |
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$2.33K | +1,069 | New |
|
|
JG
35
Jefferies Group
New York
| $216 | -$2.83K | -1,300 | -1% |
|
|
ECM
36
ExodusPoint Capital Management
New York
| – | -$22K | -10,896 | Closed |
|
|
HIM
37
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$16K | -7,900 | Closed |
|
38
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -436 | Closed |
|
PANL Hedge Fund Activity: Q2 2020 in Review
35 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q2 2020, worth a combined $33.5M — up 34% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PANL positions and 3 closed out — a net gain of 13 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Northern Trust, adding an estimated $448K. The largest seller was RBF Capital, cutting an estimated $61.8K.
- 35 institutional investors held Pangaea Logistics (PANL) as of Q2 2020, up from 22 in Q1 2020.
- Funds reported $33.5M of Pangaea Logistics stock for Q2 2020, up 34% quarter-over-quarter.
- 16 funds opened new Pangaea Logistics positions in Q2 2020 and 3 closed out, a net change of +13 holders.
- The largest Pangaea Logistics buyer in Q2 2020 was Northern Trust, an estimated $448K added.
- The largest Pangaea Logistics seller in Q2 2020 was RBF Capital, an estimated $61.8K sold.
Based on aggregated 13F filings for Q2 2020.