Pangaea Logistics
PANL
15 hedge funds and large institutions have $31.8M invested in Pangaea Logistics in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.99% less ownership
Funds ownership: 31.25% → 27.25% (-4%)
25% less funds holding
Funds holding: 20 → 15 (-5)
37% less capital invested
Capital invested by funds: $50.5M → $31.8M (-$18.7M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$116K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$105K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$48.6K |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$42.2K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$12.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.1M |
| 2 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$2.14M |
| 3 |
Renaissance Technologies
New York
|
-$125K |
| 4 |
MA
MYDA Advisors
Woodmere,
New York
|
-$92K |
| 5 |
VF
Virtu Financial
New York
|
-$89K |
PANL Hedge Fund Activity: Q1 2018 in Review
15 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Pangaea Logistics (PANL) for Q1 2018, worth a combined $31.8M — down 37% from $50.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PANL and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was K2 Principal Fund, adding an estimated $116K. The largest seller was Goldman Sachs, exiting entirely with an estimated $3.1M sold.
- 15 institutional investors held Pangaea Logistics (PANL) as of Q1 2018, down from 20 in Q4 2017.
- Funds reported $31.8M of Pangaea Logistics stock for Q1 2018, down 37% quarter-over-quarter.
- 3 funds opened new Pangaea Logistics positions in Q1 2018 and 8 closed out, a net change of -5 holders.
- The largest Pangaea Logistics buyer in Q1 2018 was K2 Principal Fund, an estimated $116K added.
- The largest Pangaea Logistics seller in Q1 2018 was Goldman Sachs, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2018.