Pangaea Logistics
PANL
11 hedge funds and large institutions have $3.59M invested in Pangaea Logistics in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2.18% more ownership
Funds ownership: 0% → 2.18% (+2.2%)
8% less funds holding
Funds holding: 12 → 11 (-1)
91% less capital inflows, than outflows
Capital inflows: $3.62M | Capital outflows: $38.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$604K |
| 2 |
Bulldog Investors
Saddle Brook,
New Jersey
|
+$408K |
| 3 |
Jefferies Group
New York
|
+$183K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$57K |
| 5 |
Morgan Stanley
New York
|
+$2.79K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$16.3M |
| 2 |
Davidson Kempner Capital Management
New York
|
-$7.77M |
| 3 |
Fir Tree Capital Management
New York
|
-$5.2M |
| 4 |
Glazer Capital LLC
New York
|
-$4.62M |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
-$1.94M |
PANL Hedge Fund Activity: Q4 2014 in Review
11 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q4 2014, worth a combined $3.59M — down 92% from $43.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PANL positions and 5 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $604K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $16.3M sold.
- 11 institutional investors held Pangaea Logistics (PANL) as of Q4 2014, down from 12 in Q3 2014.
- Funds reported $3.59M of Pangaea Logistics stock for Q4 2014, down 92% quarter-over-quarter.
- 6 funds opened new Pangaea Logistics positions in Q4 2014 and 5 closed out, a net change of +1 holder.
- The largest Pangaea Logistics buyer in Q4 2014 was AQR Capital Management, an estimated $604K added.
- The largest Pangaea Logistics seller in Q4 2014 was Polar Asset Management Partners, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2014.