Pangaea Logistics
PANL
7 hedge funds and large institutions have $24M invested in Pangaea Logistics in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $27.3M → $24M (-$3.32M)
13% less funds holding
Funds holding: 8 → 7 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$205K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$78.7K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$722 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$53K |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$28.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RT
1
Rockland Trust
Hanover,
Massachusetts
| $22.5M | – | – | – |
|
|
KPF
2
K2 Principal Fund
Toronto,
Ontario, Canada
| $963K | +$78.7K | +33,578 | +7% |
|
|
JG
3
Jefferies Group
New York
| $312K | +$205K | +87,268 | +179% |
|
|
AA
4
AQR Arbitrage
Greenwich,
Connecticut
| $126K | -$28.8K | -12,300 | -18% |
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $22K | – | – | – |
|
|
BFA
6
BlackRock Fund Advisors
San Francisco,
California
| $4K | +$722 | +308 | +24% |
|
|
BIM
7
BlackRock Investment Management
Wilmington,
Delaware
| $1K | – | – | – |
|
|
BI
8
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$53K | -20,191 | Closed |
|
PANL Hedge Fund Activity: Q1 2016 in Review
7 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q1 2016, worth a combined $24M — down 12% from $27.3M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of PANL and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Jefferies Group, adding an estimated $205K. The largest seller was Bulldog Investors, exiting entirely with an estimated $53K sold.
- 7 institutional investors held Pangaea Logistics (PANL) as of Q1 2016, down from 8 in Q4 2015.
- Funds reported $24M of Pangaea Logistics stock for Q1 2016, down 12% quarter-over-quarter.
- 0 funds opened new Pangaea Logistics positions in Q1 2016 and 1 closed out, a net change of -1 holder.
- The largest Pangaea Logistics buyer in Q1 2016 was Jefferies Group, an estimated $205K added.
- The largest Pangaea Logistics seller in Q1 2016 was Bulldog Investors, an estimated $53K sold.
Based on aggregated 13F filings for Q1 2016.