PARAGON SHIPPING INC CL A NEW (MHL)
PRGN
PRGN was delisted on the 3rd of June, 2016.
25 hedge funds and large institutions have $3.4M invested in PARAGON SHIPPING INC CL A NEW (MHL) in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 11 closing their positions.
24% less funds holding
Funds holding: 33 → 25 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
75% less capital invested
Capital invested by funds: $13.6M → $3.4M (-$10.2M)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$19.6K |
| 2 |
Renaissance Technologies
New York
|
+$18.1K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$13.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$11.7K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$67 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Trishield Capital Management
New York
|
-$1.43M |
| 2 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$669K |
| 3 |
NCM
Newland Capital Management
New York
|
-$280K |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$229K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFG
26
Sather Financial Group
Victoria,
Texas
| – | -$75K | -716 | Closed |
|
|
NFG
27
Nadler Financial Group
Deerfield,
Illinois
| – | -$54K | -526 | Closed |
|
|
TC
28
TFS Capital
West Chester,
Pennsylvania
| – | -$45K | -438 | Closed |
|
29
Wells Fargo
San Francisco,
California
| – | -$21K | -208 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$6K | -57 | Closed |
|
|
BRWA
31
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$5 | -53 | Closed |
|
32
Simplex Trading
Chicago,
Illinois
| – | -$1K | -8 | Closed |
|
|
LTFS
33
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$67 | +1 | New |
|
PRGN Hedge Fund Activity: Q1 2015 in Review
25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) for Q1 2015, worth a combined $3.4M — down 75% from $13.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PRGN and 3 opened new positions — a net loss of 8 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Two Sigma Securities, opening a new position worth an estimated $19.6K. The largest seller was Trishield Capital Management, cutting an estimated $1.43M.
- 25 institutional investors held PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) as of Q1 2015, down from 33 in Q4 2014.
- Funds reported $3.4M of PARAGON SHIPPING INC CL A NEW (MHL) stock for Q1 2015, down 75% quarter-over-quarter.
- 3 funds opened new PARAGON SHIPPING INC CL A NEW (MHL) positions in Q1 2015 and 11 closed out, a net change of -8 holders.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) buyer in Q1 2015 was Two Sigma Securities, an estimated $19.6K added.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) seller in Q1 2015 was Trishield Capital Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2015.