Pangaea Logistics
PANL
10 hedge funds and large institutions have $30.6M invested in Pangaea Logistics in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
11% more funds holding
Funds holding: 9 → 10 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5.32% less ownership
Funds ownership: 33.67% → 28.36% (-5.3%)
12% less capital invested
Capital invested by funds: $34.9M → $30.6M (-$4.33M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$64.8K |
| 2 |
Goldman Sachs
New York
|
+$42.8K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16 |
| 4 |
JG
Jefferies Group
New York
|
+$5 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$425K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5K |
| 4 |
BlackRock
New York
|
-$1.93K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RT
1
Rockland Trust
Hanover,
Massachusetts
| $24.2M | – | – | – |
|
|
VAS
2
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
| $5.47M | – | – | – |
|
|
RC
3
RBF Capital
San Francisco,
California
| $286K | – | – | – |
|
|
KPF
4
K2 Principal Fund
Toronto,
Ontario, Canada
| $224K | -$425K | -163,719 | -64% |
|
|
JG
5
Jefferies Group
New York
| $215K | +$5 | +2 | +0% |
|
|
6
Millennium Management
New York
| $61K | +$64.8K | +24,996 | New |
|
|
7
BlackRock
New York
| $58K | -$1.93K | -745 | -3% |
|
8
Vanguard Group
Malvern,
Pennsylvania
| $43K | – | – | – |
|
|
9
Goldman Sachs
New York
| $41K | +$42.8K | +16,504 | New |
|
|
10
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$6K | -2,500 | Closed |
|
|
11
Acadian Asset Management
Boston,
Massachusetts
| – | -$5K | -1,906 | Closed |
|
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$16 | +6 | New |
|
PANL Hedge Fund Activity: Q3 2017 in Review
10 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q3 2017, worth a combined $30.6M — down 12% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PANL positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $64.8K. The largest seller was K2 Principal Fund, cutting an estimated $425K.
- 10 institutional investors held Pangaea Logistics (PANL) as of Q3 2017, up from 9 in Q2 2017.
- Funds reported $30.6M of Pangaea Logistics stock for Q3 2017, down 12% quarter-over-quarter.
- 3 funds opened new Pangaea Logistics positions in Q3 2017 and 2 closed out, a net change of +1 holder.
- The largest Pangaea Logistics buyer in Q3 2017 was Millennium Management, an estimated $64.8K added.
- The largest Pangaea Logistics seller in Q3 2017 was K2 Principal Fund, an estimated $425K sold.
Based on aggregated 13F filings for Q3 2017.