PARAGON SHIPPING INC CL A NEW (MHL)
PRGN
PRGN was delisted on the 3rd of June, 2016.
32 hedge funds and large institutions have $20M invested in PARAGON SHIPPING INC CL A NEW (MHL) in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 15 closing their positions.
2,119% more call options, than puts
Call options by funds: $355K | Put options by funds: $16K
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
53% more capital invested
Capital invested by funds: $13.1M → $20M (+$6.96M)
4.05% more ownership
Funds ownership: 20.01% → 24.05% (+4%)
6% less funds holding
Funds holding: 34 → 32 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
+$5.96M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$923K |
| 3 |
LCP
Longbow Capital Partners
New York
|
+$743K |
| 4 |
MP
MSD Partners
New York
|
+$692K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$648K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$2.51M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.94M |
| 3 |
TCM
Tenor Capital Management
New York
|
-$1.11M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$844K |
| 5 |
Renaissance Technologies
New York
|
-$630K |
PRGN Hedge Fund Activity: Q4 2013 in Review
32 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) for Q4 2013, worth a combined $20M — up 53% from $13.1M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PRGN and 13 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Oceanic Investment Management, opening a new position worth an estimated $5.96M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $2.51M sold.
- 32 institutional investors held PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) as of Q4 2013, down from 34 in Q3 2013.
- Funds reported $20M of PARAGON SHIPPING INC CL A NEW (MHL) stock for Q4 2013, up 53% quarter-over-quarter.
- 13 funds opened new PARAGON SHIPPING INC CL A NEW (MHL) positions in Q4 2013 and 15 closed out, a net change of -2 holders.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) buyer in Q4 2013 was Oceanic Investment Management, an estimated $5.96M added.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) seller in Q4 2013 was Pine River Capital Management, an estimated $2.51M sold.
Based on aggregated 13F filings for Q4 2013.