Pangaea Logistics
PANL
10 hedge funds and large institutions have $1.94M invested in Pangaea Logistics in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
9% less funds holding
Funds holding: 11 → 10 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
46% less capital invested
Capital invested by funds: $3.59M → $1.94M (-$1.65M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$29.9K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$10.5K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$492K |
| 2 |
LA
Lucus Advisors
New York
|
-$41.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$11K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$4.93K |
| 5 |
Morgan Stanley
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KPF
1
K2 Principal Fund
Toronto,
Ontario, Canada
| $808K | +$10.5K | +3,203 | +1% |
|
|
FTCM
2
Fir Tree Capital Management
New York
| $271K | – | – | – |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $256K | +$316K | +96,200 | New |
|
|
BI
4
Bulldog Investors
Saddle Brook,
New Jersey
| $192K | – | – | – |
|
|
LA
5
Lucus Advisors
New York
| $181K | -$41.7K | -12,700 | -16% |
|
|
JG
6
Jefferies Group
New York
| $176K | +$29.9K | +9,100 | +16% |
|
7
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $26K | – | – | – |
|
|
BCM
8
Basso Capital Management
Stamford,
Connecticut
| $25K | -$4.93K | -1,500 | -14% |
|
|
9
Wells Fargo
San Francisco,
California
| $5K | +$6.57K | +2,000 | New |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $1K | -$1.86K | -568 | -70% |
|
|
11
AQR Capital Management
Greenwich,
Connecticut
| – | -$492K | -103,700 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$11K | -2,211 | Closed |
|
|
13
Morgan Stanley
New York
| – | -$2K | -500 | Closed |
|
PANL Hedge Fund Activity: Q1 2015 in Review
10 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q1 2015, worth a combined $1.94M — down 46% from $3.59M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PANL and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Jefferies Group, adding an estimated $29.9K. The largest seller was AQR Capital Management, exiting entirely with an estimated $492K sold.
- 10 institutional investors held Pangaea Logistics (PANL) as of Q1 2015, down from 11 in Q4 2014.
- Funds reported $1.94M of Pangaea Logistics stock for Q1 2015, down 46% quarter-over-quarter.
- 2 funds opened new Pangaea Logistics positions in Q1 2015 and 3 closed out, a net change of -1 holder.
- The largest Pangaea Logistics buyer in Q1 2015 was Jefferies Group, an estimated $29.9K added.
- The largest Pangaea Logistics seller in Q1 2015 was AQR Capital Management, an estimated $492K sold.
Based on aggregated 13F filings for Q1 2015.