Pangaea Logistics
PANL
9 hedge funds and large institutions have $49.9M invested in Pangaea Logistics in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, reducing their positions, and closing their positions.
200% more funds holding
Funds holding: 3 → 9 (+6)
87% more capital invested
Capital invested by funds: $26.7M → $49.9M (+$23.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$10.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.85M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$4.18M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.95M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$204K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $15.7M | – | – | – |
|
|
2
AQR Capital Management
Greenwich,
Connecticut
| $10.6M | +$10.5M | +1,080,000 | New |
|
|
FTCM
3
Fir Tree Capital Management
New York
| $9.72M | – | – | – |
|
|
WAM
4
Weiss Asset Management
Boston,
Massachusetts
| $5.86M | +$5.85M | +600,000 | New |
|
|
GCL
5
Glazer Capital LLC
New York
| $4.21M | +$4.18M | +429,089 | New |
|
|
CS
6
Credit Suisse
Zurich,
Switzerland
| $1.96M | +$1.95M | +200,000 | New |
|
|
BCM
7
Basso Capital Management
Stamford,
Connecticut
| $1.75M | +$48.7K | +5,000 | +3% |
|
|
8
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $204K | +$204K | +20,900 | New |
|
9
Morgan Stanley
New York
| – | +$205 | +21 | New |
|
PANL Hedge Fund Activity: Q1 2014 in Review
9 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q1 2014, worth a combined $49.9M — up 87% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PANL positions and 0 closed out — a net gain of 6 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $10.5M.
- 9 institutional investors held Pangaea Logistics (PANL) as of Q1 2014, up from 3 in Q4 2013.
- Funds reported $49.9M of Pangaea Logistics stock for Q1 2014, up 87% quarter-over-quarter.
- 6 funds opened new Pangaea Logistics positions in Q1 2014 and 0 closed out, a net change of +6 holders.
- The largest Pangaea Logistics buyer in Q1 2014 was AQR Capital Management, an estimated $10.5M added.
Based on aggregated 13F filings for Q1 2014.