Vault-13

PARAGON 28 INC FNA

COM · Common Stock · CUSIP 69913P105

112 institutional holders +16 vs Q3 2023
41,195,94941.2m shares reported held*
$511.6mreported value*
31 new 29 added 30 reduced 18 sold out net sold ≈ $8.7m (-696.6k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $12.42. Options: 2 managers hold calls ($177.7k notional), 3 hold puts ($190.2k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 79Q4 22: 87Q1 23: 108Q2 23: 108Q3 23: 96Q4 23: 112112Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202279
Q4 202287
Q1 2023108
Q2 2023108
Q3 202396
Q4 2023112

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 40 bought or addedQ4 22: 34 cut or sold outQ4 22Q1 23: 80 bought or addedQ1 23: 25 cut or sold outQ1 23Q2 23: 55 bought or addedQ2 23: 49 cut or sold outQ2 23Q3 23: 43 bought or addedQ3 23: 52 cut or sold outQ3 23Q4 23: 60 bought or addedQ4 23: 48 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224034
Q1 20238025
Q2 20235549
Q3 20234352
Q4 20236048

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ1 23 calls: $75.0kQ1 23 puts: $17.1kQ1 23P/C 0.23Q2 23 calls: $102.9kQ2 23 puts: $39.0kQ2 23P/C 0.38Q3 23 calls: $113.0kQ3 23 puts: $57.7kQ3 23P/C 0.51Q4 23 calls: $177.7kQ4 23 puts: $190.2kQ4 23P/C 1.07
Numbers
QuarterCallsPutsP/C
Q1 2023$75.0k$17.1k0.23
Q2 2023$102.9k$39.0k0.38
Q3 2023$113.0k$57.7k0.51
Q4 2023$177.7k$190.2k1.07

Biggest buyers

Point72 Asset Management, L.P. New +1,285,681+1.3m
First Light Asset Management, LLC Added +1,079,916+1.1m
WELLINGTON MANAGEMENT GROUP LLP New +468,584+468.6k
MORGAN STANLEY Added +317,648+317.6k
GW&K Investment Management, LLC New +277,347+277.3k
BlackRock Inc. Added +241,581+241.6k
CITADEL ADVISORS LLC New +161,758+161.8k
Nuveen Asset Management, LLC Added +142,276+142.3k
NEUBERGER BERMAN GROUP LLC Added +133,352+133.4k
Woodline Partners LP Added +108,208+108.2k

Biggest sellers

Greenhouse Funds LLLP Sold out -1,639,455-1.6m
WASATCH ADVISORS LP Sold out -1,186,890-1.2m
LOOMIS SAYLES & CO L P Reduced -891,389-891.4k
KORNITZER CAPITAL MANAGEMENT INC /KS Sold out -725,504-725.5k
ArrowMark Colorado Holdings LLC Reduced -277,553-277.6k
Valeo Financial Advisors, LLC Reduced -186,200-186.2k
TimesSquare Capital Management, LLC Reduced -145,100-145.1k
STATE STREET CORP Reduced -129,453-129.5k
E. Ohman J:or Asset Management AB Sold out -125,500-125.5k
SEI INVESTMENTS CO Sold out -101,981-102.0k

Biggest calls

CITADEL ADVISORS LLC Added $177.7k14.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

PEAK6 Investments LLC New $128.0k10.3k shares
CITADEL ADVISORS LLC Added $62.1k5.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
GLAZER CAPITAL, LLC 13G · passive investor new · filed 2025-02-28 7.0% new 5.9m 2025-02-28

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MVM Partners, LLC 78.62% of their portfolio BOSTON, MA 10,886,14510.9m $134.9m $134.9m 78.62% Unchanged
2 First Light Asset Management, LLC 3.82% of their portfolio Edina, MN 3,817,7943.8m $47.5m $47.5m 3.82% Added +1.1m +1,079,916
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,590,1763.6m $44.6m $44.6m 0.00% Added +241.6k +241,581
4 BRAIDWELL LP 1.53% of their portfolio STAMFORD, CT 3,361,8243.4m $41.8m $41.8m 1.53% Unchanged
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,050,3662.1m $25.5m $25.5m 0.00% Added +48.7k +48,674
6 Bleichroeder LP 4.87% of their portfolio NEW YORK, NY 1,763,3391.8m $21.9m $21.9m 4.87% Unchanged
7 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 1,285,6811.3m $16.0m $16.0m 0.05% New
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,111,3981.1m $13.8m $13.8m 0.00% Reduced -129.5k -129,453
9 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 926,742926.7k $11.5m $11.5m 0.01% Added +3.4k +3,374
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 865,734865.7k $10.8m $10.8m 0.00% Added +47.1k +47,115
11 Skandinaviska Enskilda Banken AB (publ) 0.06% of their portfolio STOCKHOLM, V7 839,687839.7k $10.4m $10.4m 0.06% Reduced -8.1k -8,100
12 ArrowMark Colorado Holdings LLC 0.10% of their portfolio Denver, CO 753,648753.6k $9.4m $9.4m 0.10% Reduced -277.6k -277,553
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 733,970734.0k $9.1m $9.1m 0.00% Added +33.4k +33,419
14 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 693,360693.4k $8.6m $8.6m 0.01% Reduced -891.4k -891,389
15 Degroof Petercam Asset Management 0.11% of their portfolio Brussels, C9 664,000664.0k $8.3m $8.3m 0.11% First filing
16 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 587,058587.1k $7.3m $7.3m 0.01% Added +133.4k +133,352
17 Park Edge Advisors, LLC 2.51% of their portfolio Cleveland, OH 583,143583.1k $7.2m $7.2m 2.51% Reduced -12.2k -12,200
18 Woodline Partners LP 0.07% of their portfolio San Francisco, CA 500,472500.5k $6.2m $6.2m 0.07% Added +108.2k +108,208
19 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 468,584468.6k $5.8m $5.8m 0.00% New
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 454,348454.3k $5.6m $5.6m 0.00% Added +317.6k +317,648
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 392,940392.9k $4.9m $4.9m 0.00% Added +11.4k +11,394
22 PFG Advisors 0.39% of their portfolio Phoenix, AZ 385,530385.5k $4.8m $4.8m 0.39% Unchanged
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 311,633311.6k $3.9m $3.9m 0.00% Added +3.9k +3,874
24 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 305,695305.7k $3.8m $3.8m 0.00% Added +142.3k +142,276
25 GW&K Investment Management, LLC 0.03% of their portfolio BOSTON, MA 277,347277.3k $3.4m $3.4m 0.03% New
26 Roubaix Capital, LLC 1.93% of their portfolio DENVER, CO 221,678221.7k $2.8m $2.8m 1.93% Added +14.3k +14,290
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 198,043198.0k $2.5m $2.5m 0.00% Added +107.7k +107,662
28 NEXT CENTURY GROWTH INVESTORS LLC 0.20% of their portfolio PLYMOUTH, MN 167,336167.3k $2.1m $2.1m 0.20% Reduced -63.7k -63,694
29 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 161,758161.8k $2.0m $2.0m 0.00% New
30 TimesSquare Capital Management, LLC 0.03% of their portfolio NEW YORK, NY 157,000157.0k $2.0m $2.0m 0.03% Reduced -145.1k -145,100
31 Valeo Financial Advisors, LLC 0.08% of their portfolio CARMEL, IN 152,495152.5k $1.9m $1.9m 0.08% Reduced -186.2k -186,200
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 144,745144.7k $1.8m $1.8m 0.00% Reduced -9.4k -9,389
33 Bensler, LLC 0.27% of their portfolio Bellevue, WA 132,445132.4k $1.6m $1.6m 0.27% Reduced -52.9k -52,904
34 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio CHICAGO, IL 126,645126.6k $1.6m $1.6m 0.05% Reduced -4.6k -4,640
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 121,522121.5k $1.5m $1.5m 0.00% Added +70.6k +70,645
36 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 107,476107.5k $1.3m $1.3m 0.02% Added +14.8k +14,768
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 100,300100.3k $1.2m $1.2m 0.00% Reduced -44.0k -44,030
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 90,12290.1k $1.1m $1.1m 0.00% New
39 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 89,41589.4k $1.1m $1.1m 0.00% Added +78.0k +78,042
40 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 86,30386.3k $1.1m $1.1m 0.00% Added +33.8k +33,845
41 MN Wealth Advisors, LLC 0.71% of their portfolio OVERLAND PARK, KS 83,33583.3k $1.0m $1.0m 0.71% First filing
42 Alyeska Investment Group, L.P. 0.01% of their portfolio CHICAGO, IL 82,19282.2k $1.0m $1.0m 0.01% Unchanged
43 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 80,18980.2k $996.7k $996.7k 0.00% Added +55.5k +55,488
44 National Philanthropic Trust 0.02% of their portfolio Jenkintown, PA 75,49275.5k $938.4k $938.4k 0.02% First filing
45 Dynamic Technology Lab Private Ltd 0.09% of their portfolio SINGAPORE, U0 70,40870.4k $875.0k $875.0k 0.09% New
46 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 65,59265.6k $815.3k $815.3k 0.00% New
47 Swiss National Bank 0.00% of their portfolio ZURICH, V8 65,10065.1k $809.2k $809.2k 0.00% Reduced -6.6k -6,600
48 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 60,64060.6k $753.7k $753.7k 0.00% Reduced -49 -49
49 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 46,80046.8k $581.7k $581.7k 0.00% Unchanged
50 LMR Partners LLP 0.01% of their portfolio LONDON, X0 43,47443.5k $540.4k $540.4k 0.01% New
51 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 42,01442.0k $522.2k $522.2k 0.00% Added +31.1k +31,072
52 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 39,83739.8k $495.2k $495.2k 0.00% Unchanged
53 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 37,97338.0k $472.5k $472.5k 0.00% Reduced -21.5k -21,493
54 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 37,50537.5k $466.2k $466.2k 0.00% Added +1.4k +1,418
55 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 36,63836.6k $455.4k $455.4k 0.00% Reduced -2.1k -2,118
56 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 35,92535.9k $446.0k $446.0k 0.00% New
57 Diametric Capital, LP 0.27% of their portfolio BOSTON, MA 35,38535.4k $439.8k $439.8k 0.27% New
58 ALGERT GLOBAL LLC 0.02% of their portfolio SAN FRANCISCO, CA 34,63634.6k $430.5k $430.5k 0.02% Unchanged
59 Legal & General Group Plc 0.00% of their portfolio London, X0 26,56926.6k $330.3k $330.3k 0.00% Reduced -139 -139
60 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 25,06325.1k $311.5k $311.5k 0.00% Unchanged
61 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 24,38724.4k $303.1k $303.1k 0.00% Reduced -13.7k -13,699
62 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 23,83023.8k $296.2k $296.2k 0.00% New
63 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 22,98323.0k $285.7k $285.7k 0.00% Reduced -85 -85
64 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 21,99422.0k $273.4k $273.4k 0.00% Unchanged
65 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 21,83021.8k $271.3k $271.3k 0.00% Reduced -88 -88
66 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 21,68521.7k $269.5k $269.5k 0.00% Reduced -343 -343
67 Aristides Capital LLC 0.13% of their portfolio LOUISVILLE, KY 20,57720.6k $255.8k $255.8k 0.13% New
68 CAPSTONE INVESTMENT ADVISORS, LLC 0.00% of their portfolio NEW YORK, NY 20,00020.0k $248.6k $248.6k 0.00% New
69 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 19,74619.7k $245.4k $245.4k 0.00% New
70 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 19,29119.3k $240.0k $240.0k 0.00% Added +7.5k +7,456
71 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 18,71918.7k $232.7k $232.7k 0.00% New
72 VISTA CAPITAL PARTNERS, INC. 0.03% of their portfolio PORTLAND, OR 18,51418.5k $230.1k $230.1k 0.03% Unchanged
73 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 18,09118.1k $224.9k $224.9k 0.00% Reduced -174 -174
74 Prescott Group Capital Management, L.L.C. 0.04% of their portfolio Tulsa, OK 17,00017.0k $211.0k $211.0k 0.04% New
75 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 16,74216.7k $208.1k $208.1k 0.00% Reduced -201 -201
76 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 15,77215.8k $196.0k $196.0k 0.00% Reduced -2.9k -2,891
77 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 14,20014.2k $177.0k $177.0k 0.00% Unchanged
78 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 14,07814.1k $175.0k $175.0k 0.00% Added +12.1k +12,113
79 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 13,88613.9k $172.6k $172.6k 0.00% Added +2.9k +2,902
80 FOX RUN MANAGEMENT, L.L.C. 0.04% of their portfolio GREENWICH, CT 13,72313.7k $170.6k $170.6k 0.04% New
81 OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio FORT LAUDERDALE, FL 12,83012.8k $159.5k $159.5k 0.02% New
82 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 12,60012.6k $156.6k $156.6k 0.00% Unchanged
83 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 12,50012.5k $155.0k $155.0k 0.00% Unchanged
84 PRELUDE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 11,79811.8k $146.6k $146.6k 0.01% New
85 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11,32711.3k $140.8k $140.8k 0.00% Reduced -9.0k -9,003
86 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 10,85610.9k $135.0k $135.0k 0.00% New
87 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 9,5769.6k $119.0k $119.0k 0.00% Reduced -32.4k -32,395
88 HighMark Wealth Management LLC 0.07% of their portfolio ST. PAUL, MN 8,0008.0k $99.4k $99.4k 0.07% New
89 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 6,3386.3k $79.0k $79.0k 0.00% Reduced -476 -476
90 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,2546.3k $77.7k $77.7k 0.00% Added +6.2k +6,166
91 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 4,3954.4k $55.0k $55.0k 0.00% Reduced -1.3k -1,296
92 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 3,9153.9k $48.7k $48.7k 0.00% Unchanged
93 PEAK6 Investments LLC 0.00% of their portfolio CHICAGO, IL 3,4673.5k $43.1k $43.1k 0.00% New
94 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,7032.7k $33.6k $33.6k 0.00% Reduced -3.1k -3,111
95 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 2,6022.6k $32.3k $32.3k 0.00% Unchanged
96 FMR LLC 0.00% of their portfolio BOSTON, MA 2,0942.1k $26.0k $26.0k 0.00% Added +1.1k +1,094
97 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,0022.0k $24.9k $24.9k 0.00% New
98 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,3721.4k $17.0k $17.0k 0.00% Added +872 +872
99 Tradition Wealth Management, LLC 0.00% of their portfolio EDINA, MN 500500 $6.0k $6.0k 0.00% Unchanged
100 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 233233 $2.9k $2.9k 0.00% New