PARAGON OFFSHORE PLC (GBR)
PGN
PGN was delisted on the 17th of December, 2015.
213 hedge funds and large institutions have $301M invested in PARAGON OFFSHORE PLC (GBR) in 2014 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 54 increasing their positions, 76 reducing their positions, and 66 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less call options, than puts
Call options by funds: $1.49M | Put options by funds: $1.52M
10% less funds holding
Funds holding: 236 → 213 (-23)
26% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 66
29% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 76
46% less capital invested
Capital invested by funds: $555M → $301M (-$254M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.78M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
+$5.24M |
| 4 |
First Manhattan
New York
|
+$4.08M |
| 5 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.45M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$8.39M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$7.7M |
| 4 |
GCM
Gruss Capital Management
New York
|
-$6.15M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.78M |
PGN Hedge Fund Activity: Q4 2014 in Review
213 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in PARAGON OFFSHORE PLC (GBR) (PGN) for Q4 2014, worth a combined $301M — down 46% from $555M a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of PGN and 49 opened new positions — a net loss of 17 holders — while 76 trimmed existing stakes and 54 added.
The largest buyer was Deutsche Bank, adding an estimated $12.8M. The largest seller was Arrowstreet Capital, cutting an estimated $9.45M.
- 213 institutional investors held PARAGON OFFSHORE PLC (GBR) (PGN) as of Q4 2014, down from 236 in Q3 2014.
- Funds reported $301M of PARAGON OFFSHORE PLC (GBR) stock for Q4 2014, down 46% quarter-over-quarter.
- 49 funds opened new PARAGON OFFSHORE PLC (GBR) positions in Q4 2014 and 66 closed out, a net change of -17 holders.
- The largest PARAGON OFFSHORE PLC (GBR) buyer in Q4 2014 was Deutsche Bank, an estimated $12.8M added.
- The largest PARAGON OFFSHORE PLC (GBR) seller in Q4 2014 was Arrowstreet Capital, an estimated $9.45M sold.
Based on aggregated 13F filings for Q4 2014.