Pangaea Logistics
PANL
83 hedge funds and large institutions have $161M invested in Pangaea Logistics in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 23 closing their positions.
527% more call options, than puts
Call options by funds: $1.17M | Put options by funds: $187K
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
33% more capital invested
Capital invested by funds: $122M → $161M (+$39.8M)
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
6.77% more ownership
Funds ownership: 44.54% → 51.3% (+6.8%)
6% more funds holding
Funds holding: 78 → 83 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.35M |
| 3 |
RA
Royce & Associates
New York
|
+$2.32M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.3M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.25M |
| 2 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$2.08M |
| 3 |
Jane Street
New York
|
-$1.15M |
| 4 |
JP Morgan Chase
New York
|
-$970K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$943K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LIP
101
Lighthouse Investment Partners
Palm Beach Gardens,
Florida
| – | -$62.2K | -10,599 | Closed |
|
|
PMEF
102
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$43.1K | -7,342 | Closed |
|
|
BAM
103
Belpointe Asset Management
Reno,
Nevada
| – | -$26.4K | -4,500 | Closed |
|
104
Point72 Asset Management
Stamford,
Connecticut
| – | -$22.6K | -3,844 | Closed |
|
105
Osaic Holdings
Scottsdale,
Arizona
| – | -$4.39K | -748 | Closed |
|
PANL Hedge Fund Activity: Q2 2023 in Review
83 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q2 2023, worth a combined $161M — up 33% from $122M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PANL positions and 23 closed out — a net gain of 6 holders — while 29 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $11.5M. The largest seller was Millennium Management, exiting entirely with an estimated $2.25M sold.
- 83 institutional investors held Pangaea Logistics (PANL) as of Q2 2023, up from 78 in Q1 2023.
- Funds reported $161M of Pangaea Logistics stock for Q2 2023, up 33% quarter-over-quarter.
- 29 funds opened new Pangaea Logistics positions in Q2 2023 and 23 closed out, a net change of +6 holders.
- The largest Pangaea Logistics buyer in Q2 2023 was BlackRock, an estimated $11.5M added.
- The largest Pangaea Logistics seller in Q2 2023 was Millennium Management, an estimated $2.25M sold.
Based on aggregated 13F filings for Q2 2023.