Vault-13

PARAGON 28 INC FNA

COM · Common Stock · CUSIP 69913P105

108 institutional holders -4 vs Q4 2023
41,821,76141.8m shares reported held*
$515.8mreported value*
18 new 31 added 36 reduced 22 sold out net bought ≈ $7.7m (+625.8k 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 ≈ $12.33. Options: 3 managers hold calls ($849.7k notional), 5 hold puts ($541.9k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 79Q4 22: 87Q1 23: 108Q2 23: 108Q3 23: 96Q4 23: 112Q1 24: 108108Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202279
Q4 202287
Q1 2023108
Q2 2023108
Q3 202396
Q4 2023112
Q1 2024108

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 23Q1 24: 49 bought or addedQ1 24: 58 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20224034
Q1 20238025
Q2 20235549
Q3 20234352
Q4 20236048
Q1 20244958

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ2 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 1.07Q1 24 calls: $849.7kQ1 24 puts: $541.9kQ1 24P/C 0.64
Numbers
QuarterCallsPutsP/C
Q2 2023$102.9k$39.0k0.38
Q3 2023$113.0k$57.7k0.51
Q4 2023$177.7k$190.2k1.07
Q1 2024$849.7k$541.9k0.64

Biggest buyers

CITADEL ADVISORS LLC Added +1,151,491+1.2m
Thrivent Financial for Lutherans Added +872,777+872.8k
Degroof Petercam Asset Management Added +310,000+310.0k
JANUS HENDERSON GROUP PLC Added +273,077+273.1k
READYSTATE ASSET MANAGEMENT LP New +262,500+262.5k
WELLINGTON MANAGEMENT GROUP LLP Added +181,000+181.0k
DIMENSIONAL FUND ADVISORS LP Added +173,269+173.3k
MORGAN STANLEY Added +150,749+150.7k
HighMark Wealth Management LLC Added +88,611+88.6k
ExodusPoint Capital Management, LP New +88,310+88.3k

Biggest sellers

LOOMIS SAYLES & CO L P Sold out -693,360-693.4k
Point72 Asset Management, L.P. Reduced -482,238-482.2k
Woodline Partners LP Reduced -355,796-355.8k
Roubaix Capital, LLC Sold out -221,678-221.7k
NEUBERGER BERMAN GROUP LLC Reduced -212,527-212.5k
NEXT CENTURY GROWTH INVESTORS LLC Sold out -167,336-167.3k
TimesSquare Capital Management, LLC Sold out -157,000-157.0k
GOLDMAN SACHS GROUP INC Reduced -155,021-155.0k
BlackRock Inc. Reduced -113,665-113.7k
Bensler, LLC Reduced -87,066-87.1k

Biggest calls

PEAK6 Investments LLC New $831.2k67.3k shares
CITADEL ADVISORS LLC Reduced $18.5k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

PEAK6 Investments LLC Added $244.5k19.8k shares
SIMPLEX TRADING, LLC New $180.0k14.6k shares
CITADEL ADVISORS LLC Added $108.7k8.8k shares
GROUP ONE TRADING LLC New $8.6k700 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MVM Partners, LLC 80.25% of their portfolio BOSTON, MA 10,886,14510.9m $134.1m $134.1m 80.25% Unchanged
2 First Light Asset Management, LLC 3.60% of their portfolio Edina, MN 3,802,9683.8m $47.0m $47.0m 3.60% Reduced -14.8k -14,826
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,476,5113.5m $42.9m $42.9m 0.00% Reduced -113.7k -113,665
4 BRAIDWELL LP 1.34% of their portfolio STAMFORD, CT 3,365,6093.4m $41.6m $41.6m 1.34% Added +3.8k +3,785
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,106,2172.1m $26.0m $26.0m 0.00% Added +55.9k +55,851
6 Bleichroeder LP 5.43% of their portfolio NEW YORK, NY 1,763,3391.8m $21.8m $21.8m 5.43% Unchanged
7 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 1,313,2491.3m $16.2m $16.2m 0.02% Added +1.2m +1,151,491
8 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 1,199,8191.2m $14.8m $14.8m 0.01% Added +273.1k +273,077
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,146,6901.1m $14.2m $14.2m 0.00% Added +35.3k +35,292
10 Degroof Petercam Asset Management 0.14% of their portfolio Brussels, C9 974,000974.0k $12.0m $12.0m 0.14% Added +310.0k +310,000
11 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 885,277885.3k $10.9m $10.9m 0.02% Added +872.8k +872,777
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 879,611879.6k $10.9m $10.9m 0.00% Added +13.9k +13,877
13 Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio STOCKHOLM, V7 839,687839.7k $10.4m $10.4m 0.05% Unchanged
14 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 803,443803.4k $9.9m $9.9m 0.03% Reduced -482.2k -482,238
15 ArrowMark Colorado Holdings LLC 0.10% of their portfolio Denver, CO 737,255737.3k $9.1m $9.1m 0.10% Reduced -16.4k -16,393
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 711,336711.3k $8.8m $8.8m 0.00% Reduced -22.6k -22,634
17 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 649,584649.6k $8.0m $8.0m 0.00% Added +181.0k +181,000
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 605,097605.1k $7.5m $7.5m 0.00% Added +150.7k +150,749
19 Park Edge Advisors, LLC 2.01% of their portfolio Cleveland, OH 583,143583.1k $7.2m $7.2m 2.01% Unchanged
20 PFG Advisors 0.35% of their portfolio Phoenix, AZ 385,530385.5k $4.8m $4.8m 0.35% Unchanged
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 379,951380.0k $4.7m $4.7m 0.00% Reduced -13.0k -12,989
22 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 374,531374.5k $4.6m $4.6m 0.00% Reduced -212.5k -212,527
23 GW&K Investment Management, LLC 0.04% of their portfolio BOSTON, MA 357,399357.4k $4.4m $4.4m 0.04% Added +80.1k +80,052
24 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 336,047336.0k $4.2m $4.2m 0.00% Added +30.4k +30,352
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 314,205314.2k $3.9m $3.9m 0.00% Added +2.6k +2,572
26 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 262,684262.7k $3.2m $3.2m 0.00% Added +173.3k +173,269
27 READYSTATE ASSET MANAGEMENT LP 0.12% of their portfolio CHICAGO, IL 262,500262.5k $3.2m $3.2m 0.12% New
28 Valeo Financial Advisors, LLC 0.05% of their portfolio CARMEL, IN 152,495152.5k $1.5m $1.5m 0.05% Unchanged
29 Woodline Partners LP 0.02% of their portfolio San Francisco, CA 144,676144.7k $1.8m $1.8m 0.02% Reduced -355.8k -355,796
30 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 135,382135.4k $1.7m $1.7m 0.00% Reduced -9.4k -9,363
31 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.04% of their portfolio CHICAGO, IL 119,645119.6k $1.5m $1.5m 0.04% Reduced -7.0k -7,000
32 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 107,469107.5k $1.3m $1.3m 0.02% Reduced -7 -7
33 HighMark Wealth Management LLC 0.74% of their portfolio ST. PAUL, MN 96,61196.6k $1.2m $1.2m 0.74% Added +88.6k +88,611
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 92,40692.4k $1.1m $1.1m 0.00% Reduced -29.1k -29,116
35 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 88,31088.3k $1.1m $1.1m 0.01% New
36 MN Wealth Advisors, LLC 0.64% of their portfolio OVERLAND PARK, KS 83,33583.3k $1.0m $1.0m 0.64% Unchanged
37 Alyeska Investment Group, L.P. 0.01% of their portfolio CHICAGO, IL 82,19282.2k $1.0m $1.0m 0.01% Unchanged
38 National Philanthropic Trust 0.02% of their portfolio Jenkintown, PA 75,49275.5k $932.3k $932.3k 0.02% Unchanged
39 Swiss National Bank 0.00% of their portfolio ZURICH, V8 73,40073.4k $906.5k $906.5k 0.00% Added +8.3k +8,300
40 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 68,94868.9k $851.5k $851.5k 0.00% Reduced -17.4k -17,355
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 62,97563.0k $777.7k $777.7k 0.00% Reduced -37.3k -37,325
42 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 62,00762.0k $765.8k $765.8k 0.00% Added +1.4k +1,367
43 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 51,62751.6k $637.6k $637.6k 0.00% Reduced -28.6k -28,562
44 Bensler, LLC 0.08% of their portfolio Bellevue, WA 45,37945.4k $560.4k $560.4k 0.08% Reduced -87.1k -87,066
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 43,02243.0k $531.3k $531.3k 0.00% Reduced -155.0k -155,021
46 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 42,91842.9k $530.0k $530.0k 0.00% Added +5.4k +5,413
47 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 42,00042.0k $518.7k $518.7k 0.00% Reduced -4.8k -4,800
48 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 39,26239.3k $484.9k $484.9k 0.00% Reduced -575 -575
49 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 37,99138.0k $469.2k $469.2k 0.00% Added +18 +18
50 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 37,86637.9k $467.6k $467.6k 0.00% Added +1.2k +1,228
51 Prescott Group Capital Management, L.L.C. 0.07% of their portfolio Tulsa, OK 37,00037.0k $457.0k $457.0k 0.07% Added +20.0k +20,000
52 ALGERT GLOBAL LLC 0.02% of their portfolio SAN FRANCISCO, CA 34,63634.6k $427.8k $427.8k 0.02% Unchanged
53 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 34,19934.2k $422.0k $422.0k 0.03% New
54 OCCUDO QUANTITATIVE STRATEGIES LP 0.07% of their portfolio FORT LAUDERDALE, FL 30,22530.2k $373.3k $373.3k 0.07% Added +17.4k +17,395
55 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 29,20429.2k $360.7k $360.7k 0.04% New
56 Legal & General Group Plc 0.00% of their portfolio London, X0 26,14726.1k $322.9k $322.9k 0.00% Reduced -422 -422
57 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 25,06325.1k $309.5k $309.5k 0.00% Unchanged
58 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 23,85023.9k $294.5k $294.5k 0.00% Added +867 +867
59 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 23,75523.8k $293.4k $293.4k 0.00% Reduced -632 -632
60 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 22,26522.3k $275.0k $275.0k 0.00% Added +580 +580
61 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 21,99422.0k $354.5k $354.5k 0.00% Unchanged
62 CAPSTONE INVESTMENT ADVISORS, LLC 0.00% of their portfolio NEW YORK, NY 21,80021.8k $269.2k $269.2k 0.00% Added +1.8k +1,800
63 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 21,64421.6k $267.3k $267.3k 0.00% Reduced -186 -186
64 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 18,86218.9k $232.9k $232.9k 0.00% Reduced -71.3k -71,260
65 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 17,91017.9k $221.2k $221.2k 0.00% Reduced -24.1k -24,104
66 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 16,75116.8k $206.9k $206.9k 0.00% Added +979 +979
67 PDT Partners, LLC 0.02% of their portfolio New York, NY 16,70216.7k $206.3k $206.3k 0.02% New
68 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 16,38116.4k $202.3k $202.3k 0.00% Reduced -361 -361
69 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 16,37216.4k $202.2k $202.2k 0.03% New
70 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 14,63814.6k $180.8k $180.8k 0.00% Reduced -3.5k -3,453
71 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 14,20014.2k $175.0k $175.0k 0.00% Unchanged
72 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 13,88613.9k $171.5k $171.5k 0.00% Unchanged
73 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 13,08313.1k $161.6k $161.6k 0.00% Added +1.8k +1,756
74 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 12,62212.6k $156.0k $156.0k 0.00% Added +1.8k +1,766
75 SHERBROOKE PARK ADVISERS LLC 0.03% of their portfolio WHITE PLAINS, NY 12,43912.4k $153.6k $153.6k 0.03% New
76 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 12,22612.2k $151.0k $151.0k 0.00% Reduced -7.5k -7,520
77 Mariner, LLC 0.00% of their portfolio Overland Park, KS 11,95612.0k $147.7k $147.7k 0.00% New
78 DARK FOREST CAPITAL MANAGEMENT LP 0.02% of their portfolio NEW YORK, NY 11,44711.4k $141.4k $141.4k 0.02% New
79 AXQ CAPITAL, LP 0.03% of their portfolio JERSEY CITY, NJ 11,22311.2k $138.6k $138.6k 0.03% New
80 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 10,22810.2k $126.3k $126.3k 0.00% New
81 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,7627.8k $96.0k $96.0k 0.00% Reduced -11.5k -11,529
82 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 7,2587.3k $89.6k $89.6k 0.00% Added +1.0k +1,004
83 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 4,1184.1k $28.0k $28.0k 0.00% Reduced -277 -277
84 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 3,9153.9k $48.4k $48.4k 0.00% Unchanged
85 FMR LLC 0.00% of their portfolio BOSTON, MA 2,7272.7k $33.7k $33.7k 0.00% Added +633 +633
86 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 2,6022.6k $32.1k $32.1k 0.00% Unchanged
87 AlphaQuest LLC 0.00% of their portfolio New York, NY 2,0972.1k $25.9k $25.9k 0.00% New
88 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,0022.0k $24.7k $24.7k 0.00% Unchanged
89 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 1,6431.6k $20.0k $20.0k 0.00% New
90 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 1,6011.6k $20.0k $20.0k 0.00% Reduced -4.7k -4,737
91 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 1,2221.2k $15.1k $15.1k 0.00% New
92 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,2191.2k $15.0k $15.0k 0.00% Reduced -153 -153
93 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,0021.0k $12.4k $12.4k 0.00% Added +798 +798
94 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 724724 $8.9k $8.9k 0.00% Reduced -2.0k -1,979
95 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 628628 $7.8k $7.8k 0.00% Reduced -13.4k -13,450
96 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 511511 $4.7k $4.7k 0.00% New
97 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 179179 $2.2k $2.2k 0.00% Unchanged
98 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 173173 $2.1k $2.1k 0.00% New
99 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 137137 $1.7k $1.7k 0.00% Reduced -96 -96
100 TD Capital Management LLC 0.00% of their portfolio MEMPHIS, TN 100100 $1.2k $1.2k 0.00% Unchanged