Pangaea Logistics
PANL
13 hedge funds and large institutions have $63.1M invested in Pangaea Logistics in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, reducing their positions, and closing their positions.
44% more funds holding
Funds holding: 9 → 13 (+4)
26% more capital invested
Capital invested by funds: $49.9M → $63.1M (+$13.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$8.07M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.33M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.17M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$996K |
| 5 |
GOCM
Grey Owl Capital Management
Falls Church,
Virginia
|
+$143K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $16.1M | – | – | – |
|
2
AQR Capital Management
Greenwich,
Connecticut
| $10.9M | – | – | – |
|
|
FTCM
3
Fir Tree Capital Management
New York
| $9.96M | – | – | – |
|
|
DKCM
4
Davidson Kempner Capital Management
New York
| $8.12M | +$8.07M | +810,000 | New |
|
|
WAM
5
Weiss Asset Management
Boston,
Massachusetts
| $6.05M | – | – | – |
|
|
GCL
6
Glazer Capital LLC
New York
| $5.65M | +$1.33M | +133,291 | +31% |
|
|
CS
7
Credit Suisse
Zurich,
Switzerland
| $2.01M | – | – | – |
|
|
BCM
8
Basso Capital Management
Stamford,
Connecticut
| $1.84M | +$26.9K | +2,700 | +2% |
|
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.39M | +$1.17M | +117,200 | +561% |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| $1M | +$996K | +100,000 | New |
|
|
GOCM
11
Grey Owl Capital Management
Falls Church,
Virginia
| $144K | +$143K | +14,308 | New |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $3K | +$2.52K | +253 | New |
|
PANL Hedge Fund Activity: Q2 2014 in Review
13 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q2 2014, worth a combined $63.1M — up 26% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PANL positions and 0 closed out — a net gain of 4 holders — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $8.07M.
- 13 institutional investors held Pangaea Logistics (PANL) as of Q2 2014, up from 9 in Q1 2014.
- Funds reported $63.1M of Pangaea Logistics stock for Q2 2014, up 26% quarter-over-quarter.
- 4 funds opened new Pangaea Logistics positions in Q2 2014 and 0 closed out, a net change of +4 holders.
- The largest Pangaea Logistics buyer in Q2 2014 was Davidson Kempner Capital Management, an estimated $8.07M added.
Based on aggregated 13F filings for Q2 2014.