Pangaea Logistics
PANL
10 hedge funds and large institutions have $33.6M invested in Pangaea Logistics in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 3 closing their positions.
1,632% more capital invested
Capital invested by funds: $1.94M → $33.6M (+$31.7M)
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$29.3M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$25.3K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.12K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.56K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$1.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$271K |
| 2 |
LA
Lucus Advisors
New York
|
-$93.4K |
| 3 |
JG
Jefferies Group
New York
|
-$42.5K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$35.2K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RT
1
Rockland Trust
Hanover,
Massachusetts
| $31.7M | +$29.3M | +9,820,755 | New |
|
|
KPF
2
K2 Principal Fund
Toronto,
Ontario, Canada
| $1.09M | +$25.3K | +8,479 | +3% |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $273K | -$35.2K | -11,800 | -12% |
|
|
BI
4
Bulldog Investors
Saddle Brook,
New Jersey
| $219K | -$6.27K | -2,102 | -3% |
|
|
JG
5
Jefferies Group
New York
| $162K | -$42.5K | -14,241 | -22% |
|
|
LA
6
Lucus Advisors
New York
| $113K | -$93.4K | -31,340 | -47% |
|
7
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $31K | – | – | – |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $4K | +$2.56K | +860 | +358% |
|
|
9
UBS Group
Zurich,
Switzerland
| $3K | +$3.12K | +1,046 | New |
|
|
BIM
10
BlackRock Investment Management
Wilmington,
Delaware
| $2K | +$1.5K | +505 | New |
|
|
FTCM
11
Fir Tree Capital Management
New York
| – | -$271K | -99,181 | Closed |
|
|
BCM
12
Basso Capital Management
Stamford,
Connecticut
| – | -$25K | -9,460 | Closed |
|
13
Wells Fargo
San Francisco,
California
| – | -$5K | -2,000 | Closed |
|
PANL Hedge Fund Activity: Q2 2015 in Review
10 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q2 2015, worth a combined $33.6M — up 1,632% from $1.94M a quarter earlier.
Fund positioning in PANL was balanced in Q2 2015: 3 funds opened new positions, 3 closed out, 2 added to existing stakes and 4 trimmed.
The largest buyer was Rockland Trust, opening a new position worth an estimated $29.3M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $271K sold.
- 10 institutional investors held Pangaea Logistics (PANL) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $33.6M of Pangaea Logistics stock for Q2 2015, up 1,632% quarter-over-quarter.
- 3 funds opened new Pangaea Logistics positions in Q2 2015 and 3 closed out, a net change of 0 holders.
- The largest Pangaea Logistics buyer in Q2 2015 was Rockland Trust, an estimated $29.3M added.
- The largest Pangaea Logistics seller in Q2 2015 was Fir Tree Capital Management, an estimated $271K sold.
Based on aggregated 13F filings for Q2 2015.