Pangaea Logistics
PANL
80 hedge funds and large institutions have $134M invested in Pangaea Logistics in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 14 closing their positions.
291% more call options, than puts
Call options by funds: $861K | Put options by funds: $220K
74% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.22% less ownership
Funds ownership: 51.3% → 49.09% (-2.2%)
4% less funds holding
Funds holding: 83 → 80 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
17% less capital invested
Capital invested by funds: $161M → $134M (-$27.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.12M |
| 2 |
BlackRock
New York
|
+$798K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$623K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$459K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.16M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.97M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.31M |
| 4 |
Goldman Sachs
New York
|
-$1.15M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$968K |
PANL Hedge Fund Activity: Q3 2023 in Review
80 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q3 2023, worth a combined $134M — down 17% from $161M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PANL and 12 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 33 added.
The largest buyer was Royce & Associates, adding an estimated $1.12M. The largest seller was Acadian Asset Management, cutting an estimated $2.16M.
- 80 institutional investors held Pangaea Logistics (PANL) as of Q3 2023, down from 83 in Q2 2023.
- Funds reported $134M of Pangaea Logistics stock for Q3 2023, down 17% quarter-over-quarter.
- 12 funds opened new Pangaea Logistics positions in Q3 2023 and 14 closed out, a net change of -2 holders.
- The largest Pangaea Logistics buyer in Q3 2023 was Royce & Associates, an estimated $1.12M added.
- The largest Pangaea Logistics seller in Q3 2023 was Acadian Asset Management, an estimated $2.16M sold.
Based on aggregated 13F filings for Q3 2023.