PARAGON SHIPPING INC CL A NEW (MHL)
PRGN
PRGN was delisted on the 3rd of June, 2016.
33 hedge funds and large institutions have $38.1M invested in PARAGON SHIPPING INC CL A NEW (MHL) in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 13 closing their positions.
7,033% more call options, than puts
Call options by funds: $1.93M | Put options by funds: $27K
17% less capital invested
Capital invested by funds: $46.1M → $38.1M (-$8.05M)
23% less funds holding
Funds holding: 43 → 33 (-10)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
+$2.95M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$993K |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$892K |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$580K |
| 5 |
NCM
Newland Capital Management
New York
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$3.28M |
| 2 |
SPC
Standard Pacific Capital
San Francisco,
California
|
-$1.59M |
| 3 |
Millennium Management
New York
|
-$505K |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$390K |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$364K |
PRGN Hedge Fund Activity: Q2 2014 in Review
33 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) for Q2 2014, worth a combined $38.1M — down 17% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PRGN and 3 opened new positions — a net loss of 10 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Oceanic Investment Management, adding an estimated $2.95M. The largest seller was Allianz Asset Management, cutting an estimated $3.28M.
- 33 institutional investors held PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) as of Q2 2014, down from 43 in Q1 2014.
- Funds reported $38.1M of PARAGON SHIPPING INC CL A NEW (MHL) stock for Q2 2014, down 17% quarter-over-quarter.
- 3 funds opened new PARAGON SHIPPING INC CL A NEW (MHL) positions in Q2 2014 and 13 closed out, a net change of -10 holders.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) buyer in Q2 2014 was Oceanic Investment Management, an estimated $2.95M added.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) seller in Q2 2014 was Allianz Asset Management, an estimated $3.28M sold.
Based on aggregated 13F filings for Q2 2014.