PARAGON OFFSHORE PLC (GBR)
PGN
PGN was delisted on the 17th of December, 2015.
186 hedge funds and large institutions have $91.4M invested in PARAGON OFFSHORE PLC (GBR) in 2015 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 72 reducing their positions, and 47 closing their positions.
13% less funds holding
Funds holding: 213 → 186 (-27)
38% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 72
49% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 47
69% less call options, than puts
Call options by funds: $19K | Put options by funds: $61K
70% less capital invested
Capital invested by funds: $301M → $91.4M (-$210M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.72M |
| 2 |
SG Americas Securities
New York
|
+$2.1M |
| 3 |
CEI
Clark Estates Inc
New York
|
+$1.89M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
+$1.86M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$11.5M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$6.53M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.94M |
| 4 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
-$5.61M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
201
Central Trust Company
Jefferson City,
Missouri
| – | -$91 | -43 | -5% |
|
|
FMII
202
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$70 | -33 | -37% |
|
|
RWA
203
Ropes Wealth Advisors
Boston,
Massachusetts
| – | +$6 | +3 | New |
|
204
SEI Investments
Oaks,
Pennsylvania
| – | +$8 | +4 | +2% |
|
|
BPBT
205
Boston Private Bank & Trust
Boston,
Massachusetts
| – | +$70 | +33 | New |
|
|
IWMPD
206
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | +$70 | +33 | New |
|
|
VIA
207
Vantage Investment Advisors
State College,
Pennsylvania
| – | +$126 | +60 | +100% |
|
|
PSI
208
Pinnacle Summer Investments
Fairfax,
Virginia
| – | +$139 | +66 | +178% |
|
|
WCM
209
Wealthcare Capital Management
Richmond,
Virginia
| – | +$183 | +87 | New |
|
|
ONB
210
Old National Bancorp
Evansville,
Indiana
| – | +$211 | +100 | New |
|
PGN Hedge Fund Activity: Q1 2015 in Review
186 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in PARAGON OFFSHORE PLC (GBR) (PGN) for Q1 2015, worth a combined $91.4M — down 70% from $301M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of PGN and 24 opened new positions — a net loss of 23 holders — while 72 trimmed existing stakes and 45 added.
The largest buyer was Vanguard Group, adding an estimated $3.72M. The largest seller was Franklin Resources, cutting an estimated $11.5M.
- 186 institutional investors held PARAGON OFFSHORE PLC (GBR) (PGN) as of Q1 2015, down from 213 in Q4 2014.
- Funds reported $91.4M of PARAGON OFFSHORE PLC (GBR) stock for Q1 2015, down 70% quarter-over-quarter.
- 24 funds opened new PARAGON OFFSHORE PLC (GBR) positions in Q1 2015 and 47 closed out, a net change of -23 holders.
- The largest PARAGON OFFSHORE PLC (GBR) buyer in Q1 2015 was Vanguard Group, an estimated $3.72M added.
- The largest PARAGON OFFSHORE PLC (GBR) seller in Q1 2015 was Franklin Resources, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2015.