Pangaea Logistics
PANL
8 hedge funds and large institutions have $27.3M invested in Pangaea Logistics in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less capital invested
Capital invested by funds: $32.1M → $27.3M (-$4.86M)
27% less funds holding
Funds holding: 11 → 8 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$431K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$102K |
| 2 |
Goldman Sachs
New York
|
-$101K |
| 3 |
LA
Lucus Advisors
New York
|
-$66K |
| 4 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$59.7K |
| 5 |
Millennium Management
New York
|
-$47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RT
1
Rockland Trust
Hanover,
Massachusetts
| $25.9M | -$59.7K | -20,000 | -0.2% |
|
|
KPF
2
K2 Principal Fund
Toronto,
Ontario, Canada
| $1.03M | +$431K | +144,342 | +46% |
|
|
AA
3
AQR Arbitrage
Greenwich,
Connecticut
| $179K | -$34.7K | -11,628 | -15% |
|
|
JG
4
Jefferies Group
New York
| $129K | -$9.81K | -3,284 | -6% |
|
|
BI
5
Bulldog Investors
Saddle Brook,
New Jersey
| $53K | -$102K | -34,154 | -63% |
|
6
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $25K | – | – | – |
|
|
BFA
7
BlackRock Fund Advisors
San Francisco,
California
| $3K | +$3.91K | +1,310 | New |
|
|
BIM
8
BlackRock Investment Management
Wilmington,
Delaware
| $1K | – | – | – |
|
|
9
Goldman Sachs
New York
| – | -$101K | -32,460 | Closed |
|
|
LA
10
Lucus Advisors
New York
| – | -$66K | -21,130 | Closed |
|
|
11
Millennium Management
New York
| – | -$47K | -15,273 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$1K | -466 | Closed |
|
PANL Hedge Fund Activity: Q4 2015 in Review
8 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q4 2015, worth a combined $27.3M — down 15% from $32.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PANL and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was K2 Principal Fund, adding an estimated $431K. The largest seller was Bulldog Investors, cutting an estimated $102K.
- 8 institutional investors held Pangaea Logistics (PANL) as of Q4 2015, down from 11 in Q3 2015.
- Funds reported $27.3M of Pangaea Logistics stock for Q4 2015, down 15% quarter-over-quarter.
- 1 fund opened new Pangaea Logistics positions in Q4 2015 and 4 closed out, a net change of -3 holders.
- The largest Pangaea Logistics buyer in Q4 2015 was K2 Principal Fund, an estimated $431K added.
- The largest Pangaea Logistics seller in Q4 2015 was Bulldog Investors, an estimated $102K sold.
Based on aggregated 13F filings for Q4 2015.