Pangaea Logistics
PANL
11 hedge funds and large institutions have $32.1M invested in Pangaea Logistics in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
10% more funds holding
Funds holding: 10 → 11 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $33.6M → $32.1M (-$1.47M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$106K |
| 2 |
Millennium Management
New York
|
+$49.8K |
| 3 |
JG
Jefferies Group
New York
|
+$5.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$71.3K |
| 2 |
LA
Lucus Advisors
New York
|
-$44.9K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$44.1K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$17.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RT
1
Rockland Trust
Hanover,
Massachusetts
| $30.4M | – | – | – |
|
|
KPF
2
K2 Principal Fund
Toronto,
Ontario, Canada
| $878K | -$71.3K | -21,887 | -7% |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $251K | -$17.9K | -5,500 | -7% |
|
|
BI
4
Bulldog Investors
Saddle Brook,
New Jersey
| $168K | -$44.1K | -13,549 | -20% |
|
|
JG
5
Jefferies Group
New York
| $161K | +$5.87K | +1,800 | +4% |
|
|
6
Goldman Sachs
New York
| $101K | +$106K | +32,460 | New |
|
|
LA
7
Lucus Advisors
New York
| $66K | -$44.9K | -13,795 | -39% |
|
|
8
Millennium Management
New York
| $47K | +$49.8K | +15,273 | New |
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $30K | – | – | – |
|
|
BIM
10
BlackRock Investment Management
Wilmington,
Delaware
| $2K | – | – | – |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $1K | -$2.07K | -634 | -58% |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$3K | -1,046 | Closed |
|
PANL Hedge Fund Activity: Q3 2015 in Review
11 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q3 2015, worth a combined $32.1M — down 4.4% from $33.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PANL positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $106K. The largest seller was K2 Principal Fund, cutting an estimated $71.3K.
- 11 institutional investors held Pangaea Logistics (PANL) as of Q3 2015, up from 10 in Q2 2015.
- Funds reported $32.1M of Pangaea Logistics stock for Q3 2015, down 4.4% quarter-over-quarter.
- 2 funds opened new Pangaea Logistics positions in Q3 2015 and 1 closed out, a net change of +1 holder.
- The largest Pangaea Logistics buyer in Q3 2015 was Goldman Sachs, an estimated $106K added.
- The largest Pangaea Logistics seller in Q3 2015 was K2 Principal Fund, an estimated $71.3K sold.
Based on aggregated 13F filings for Q3 2015.