Pangaea Logistics
PANL
8 hedge funds and large institutions have $35.3M invested in Pangaea Logistics in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
37% more capital invested
Capital invested by funds: $25.7M → $35.3M (+$9.61M)
28.38% more ownership
Funds ownership: 0% → 28.38% (+28%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
11% less funds holding
Funds holding: 9 → 8 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$492K |
| 2 |
RC
RBF Capital
San Francisco,
California
|
+$286K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$49.6K |
| 4 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
+$2.56K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$277K |
| 2 |
JG
Jefferies Group
New York
|
-$141K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$96K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RT
1
Rockland Trust
Hanover,
Massachusetts
| $33.4M | +$492K | +172,700 | +2% |
|
|
KPF
2
K2 Principal Fund
Toronto,
Ontario, Canada
| $1.24M | -$277K | -97,135 | -21% |
|
|
RC
3
RBF Capital
San Francisco,
California
| $342K | +$286K | +100,549 | New |
|
|
JG
4
Jefferies Group
New York
| $292K | -$141K | -49,580 | -37% |
|
|
5
Vanguard Group
Malvern,
Pennsylvania
| $59K | +$49.6K | +17,410 | New |
|
|
BFA
6
BlackRock Fund Advisors
San Francisco,
California
| $8K | +$1.54K | +540 | +28% |
|
|
TDC
7
Thompson Davis & Co
Richmond,
Virginia
| $3K | +$2.56K | +900 | New |
|
|
BIM
8
BlackRock Investment Management
Wilmington,
Delaware
| $2K | – | – | – |
|
|
AA
9
AQR Arbitrage
Greenwich,
Connecticut
| – | -$96K | -38,472 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$8K | -3,157 | Closed |
|
|
11
Bank of America
Charlotte,
North Carolina
| – | -$4K | -1,578 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$1K | -311 | Closed |
|
PANL Hedge Fund Activity: Q4 2016 in Review
8 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q4 2016, worth a combined $35.3M — up 37% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PANL and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Rockland Trust, adding an estimated $492K. The largest seller was K2 Principal Fund, cutting an estimated $277K.
- 8 institutional investors held Pangaea Logistics (PANL) as of Q4 2016, down from 9 in Q3 2016.
- Funds reported $35.3M of Pangaea Logistics stock for Q4 2016, up 37% quarter-over-quarter.
- 3 funds opened new Pangaea Logistics positions in Q4 2016 and 4 closed out, a net change of -1 holder.
- The largest Pangaea Logistics buyer in Q4 2016 was Rockland Trust, an estimated $492K added.
- The largest Pangaea Logistics seller in Q4 2016 was K2 Principal Fund, an estimated $277K sold.
Based on aggregated 13F filings for Q4 2016.