Vault-13

PARAGON 28 INC FNA

COM · Common Stock · CUSIP 69913P105

112 institutional holders +4 vs Q1 2024
47,610,17447.6m shares reported held*
$325.5mreported value*
29 new 46 added 18 reduced 24 sold out net bought ≈ $47.4m (+6.9m 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 ($881.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.84. Options: 3 managers hold calls ($34.8k notional), 3 hold puts ($25.7k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 79Q4 22: 87Q1 23: 108Q2 23: 108Q3 23: 96Q4 23: 112Q1 24: 108Q2 24: 112112Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202279
Q4 202287
Q1 2023108
Q2 2023108
Q3 202396
Q4 2023112
Q1 2024108
Q2 2024112

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 outQ2 23: 55 bought or addedQ2 23: 49 cut or sold outQ2 23Q3 23: 43 bought or addedQ3 23: 52 cut or sold outQ4 23: 60 bought or addedQ4 23: 48 cut or sold outQ4 23Q1 24: 49 bought or addedQ1 24: 58 cut or sold outQ2 24: 75 bought or addedQ2 24: 42 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20224034
Q1 20238025
Q2 20235549
Q3 20234352
Q4 20236048
Q1 20244958
Q2 20247542

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 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 0.64Q2 24 calls: $34.8kQ2 24 puts: $25.7kQ2 24P/C 0.74
Numbers
QuarterCallsPutsP/C
Q3 2023$113.0k$57.7k0.51
Q4 2023$177.7k$190.2k1.07
Q1 2024$849.7k$541.9k0.64
Q2 2024$34.8k$25.7k0.74

Biggest buyers

First Light Asset Management, LLC Added +4,371,864+4.4m
GW&K Investment Management, LLC Added +1,001,205+1.0m
CREDIT AGRICOLE S A New +974,000+974.0k
BRAIDWELL LP Added +784,500+784.5k
MILLENNIUM MANAGEMENT LLC Added +713,263+713.3k
PEREGRINE CAPITAL MANAGEMENT LLC New +489,911+489.9k
STATE STREET CORP Added +377,566+377.6k
Handelsbanken Fonder AB Added +335,800+335.8k
Prosight Management, LP New +261,400+261.4k
VANGUARD GROUP INC Added +234,413+234.4k

Biggest sellers

ArrowMark Colorado Holdings LLC Sold out -737,255-737.3k
Skandinaviska Enskilda Banken AB (publ) Reduced -731,062-731.1k
CITADEL ADVISORS LLC Reduced -659,473-659.5k
Point72 Asset Management, L.P. Reduced -399,732-399.7k
NEUBERGER BERMAN GROUP LLC Sold out -374,531-374.5k
READYSTATE ASSET MANAGEMENT LP Sold out -262,500-262.5k
Nuveen Asset Management, LLC Reduced -169,425-169.4k
Woodline Partners LP Sold out -144,676-144.7k
DIMENSIONAL FUND ADVISORS LP Reduced -129,946-129.9k
MORGAN STANLEY Reduced -123,464-123.5k

Biggest calls

SIMPLEX TRADING, LLC New $28.0k4.2k shares
CITADEL ADVISORS LLC Reduced $6.8k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $15.7k2.3k shares
SIMPLEX TRADING, LLC Reduced $10.0k1.6k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MVM Partners, LLC 74.41% of their portfolio BOSTON, MA 10,886,14510.9m $74.3m $74.3m 74.41% Unchanged
2 First Light Asset Management, LLC 4.90% of their portfolio Edina, MN 8,174,8328.2m $55.9m $55.9m 4.90% Added +4.4m +4,371,864
3 BRAIDWELL LP 0.89% of their portfolio STAMFORD, CT 4,150,1094.2m $28.4m $28.4m 0.89% Added +784.5k +784,500
4 BlackRock Inc. 0.00% of their portfolio New York, NY 3,652,6743.7m $25.0m $25.0m 0.00% Added +176.2k +176,163
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,340,6302.3m $16.0m $16.0m 0.00% Added +234.4k +234,413
6 Bleichroeder LP 3.59% of their portfolio NEW YORK, NY 1,763,3391.8m $12.1m $12.1m 3.59% Unchanged
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,524,2561.5m $10.4m $10.4m 0.00% Added +377.6k +377,566
8 GW&K Investment Management, LLC 0.08% of their portfolio BOSTON, MA 1,358,6041.4m $9.3m $9.3m 0.08% Added +1.0m +1,001,205
9 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 1,204,1061.2m $8.2m $8.2m 0.00% Added +4.3k +4,287
10 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 1,021,1881.0m $7.0m $7.0m 0.01% Added +135.9k +135,911
11 CREDIT AGRICOLE S A 0.04% of their portfolio Montrouge Cedex, I0 974,000974.0k $6.7m $6.7m 0.04% New
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 944,352944.4k $6.5m $6.5m 0.00% Added +64.7k +64,741
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 750,917750.9k $5.1m $5.1m 0.00% Added +39.6k +39,581
14 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 725,489725.5k $5.0m $5.0m 0.00% Added +713.3k +713,263
15 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 653,776653.8k $4.5m $4.5m 0.00% Reduced -659.5k -659,473
16 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 649,584649.6k $4.4m $4.4m 0.00% Unchanged
17 Park Edge Advisors, LLC 1.22% of their portfolio Cleveland, OH 583,143583.1k $4.0m $4.0m 1.22% Unchanged
18 PEREGRINE CAPITAL MANAGEMENT LLC 0.10% of their portfolio MINNEAPOLIS, MN 489,911489.9k $3.4m $3.4m 0.10% New
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 481,633481.6k $3.3m $3.3m 0.00% Reduced -123.5k -123,464
20 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 403,711403.7k $2.8m $2.8m 0.01% Reduced -399.7k -399,732
21 PFG Advisors 0.18% of their portfolio Phoenix, AZ 385,530385.5k $2.6m $2.6m 0.18% Unchanged
22 Handelsbanken Fonder AB 0.01% of their portfolio STOCKHOLM, V7 350,000350.0k $2.4m $2.4m 0.01% Added +335.8k +335,800
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 345,731345.7k $2.4m $2.4m 0.00% Reduced -34.2k -34,220
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 328,501328.5k $2.2m $2.2m 0.00% Added +14.3k +14,296
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 266,288266.3k $1.8m $1.8m 0.00% Added +223.3k +223,266
26 Prosight Management, LP 0.53% of their portfolio DALLAS, TX 261,400261.4k $1.8m $1.8m 0.53% New
27 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio CHICAGO, IL 166,743166.7k $1.1m $1.1m 0.03% Added +47.1k +47,098
28 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 166,622166.6k $1.1m $1.1m 0.00% Reduced -169.4k -169,425
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 159,822159.8k $1.1m $1.1m 0.00% Added +24.4k +24,440
30 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 151,863151.9k $1.0m $1.0m 0.00% New
31 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 132,738132.7k $907.9k $907.9k 0.00% Reduced -129.9k -129,946
32 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 129,576129.6k $886.3k $886.3k 0.00% Added +60.6k +60,628
33 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 127,046127.0k $869.0k $869.0k 0.02% New
34 Skandinaviska Enskilda Banken AB (publ) 0.00% of their portfolio STOCKHOLM, V7 108,625108.6k $743.0k $743.0k 0.00% Reduced -731.1k -731,062
35 HighMark Wealth Management LLC 0.40% of their portfolio ST. PAUL, MN 96,61196.6k $660.8k $660.8k 0.40% Unchanged
36 Prescott Group Capital Management, L.L.C. 0.09% of their portfolio Tulsa, OK 85,79685.8k $587.0k $587.0k 0.09% Added +48.8k +48,796
37 Valeo Financial Advisors, LLC 0.02% of their portfolio CARMEL, IN 83,93583.9k $574.1k $574.1k 0.02% Reduced -68.6k -68,560
38 MN Wealth Advisors, LLC 0.33% of their portfolio OVERLAND PARK, KS 83,33583.3k $570.0k $570.0k 0.33% Unchanged
39 Swiss National Bank 0.00% of their portfolio ZURICH, V8 81,40081.4k $556.8k $556.8k 0.00% Added +8.0k +8,000
40 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 77,58977.6k $530.7k $530.7k 0.00% New
41 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 77,24877.2k $528.4k $528.4k 0.00% Added +38.0k +37,986
42 National Philanthropic Trust 0.01% of their portfolio Jenkintown, PA 75,49275.5k $516.4k $516.4k 0.01% Unchanged
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 70,02670.0k $479.0k $479.0k 0.00% Reduced -22.4k -22,380
44 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 67,73067.7k $463.3k $463.3k 0.00% Added +25.7k +25,730
45 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 65,72765.7k $449.6k $449.6k 0.00% Added +3.7k +3,720
46 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 61,20061.2k $418.6k $418.6k 0.00% New
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 59,90859.9k $409.8k $409.8k 0.00% Added +41.0k +41,046
48 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 52,46752.5k $358.9k $358.9k 0.04% Added +23.3k +23,263
49 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 49,61849.6k $339.4k $339.4k 0.00% New
50 Bensler, LLC 0.04% of their portfolio Bellevue, WA 45,37945.4k $310.4k $310.4k 0.04% Unchanged
51 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 40,82240.8k $279.2k $279.2k 0.00% Added +3.0k +2,956
52 ALGERT GLOBAL LLC 0.01% of their portfolio SAN FRANCISCO, CA 38,79338.8k $265.3k $265.3k 0.01% Added +4.2k +4,157
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 38,58838.6k $263.9k $263.9k 0.00% Added +20.7k +20,678
54 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 33,10033.1k $226.4k $226.4k 0.01% New
55 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 30,22130.2k $206.7k $206.7k 0.00% Reduced -21.4k -21,406
56 PDT Partners, LLC 0.02% of their portfolio New York, NY 28,93728.9k $197.9k $197.9k 0.02% Added +12.2k +12,235
57 Legal & General Group Plc 0.00% of their portfolio London, X0 28,69928.7k $196.3k $196.3k 0.00% Added +2.6k +2,552
58 OCCUDO QUANTITATIVE STRATEGIES LP 0.03% of their portfolio FORT LAUDERDALE, FL 28,48128.5k $194.8k $194.8k 0.03% Reduced -1.7k -1,744
59 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 27,41227.4k $187.5k $187.5k 0.00% Added +2.3k +2,349
60 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 25,99226.0k $177.8k $177.8k 0.00% Added +2.1k +2,142
61 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 25,35225.4k $173.4k $173.4k 0.00% First filing
62 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 24,80924.8k $169.7k $169.7k 0.00% Added +1.1k +1,054
63 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 22,77822.8k $155.8k $155.8k 0.00% First filing
64 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 22,33522.3k $152.8k $152.8k 0.01% Added +6.0k +5,963
65 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 22,00822.0k $150.5k $150.5k 0.00% New
66 Dynamic Technology Lab Private Ltd 0.02% of their portfolio SINGAPORE, U0 20,91820.9k $143.0k $143.0k 0.02% New
67 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 20,60520.6k $140.9k $140.9k 0.00% New
68 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 18,95319.0k $129.6k $129.6k 0.01% New
69 UBS Group AG 0.00% of their portfolio ZURICH, V8 18,34118.3k $125.5k $125.5k 0.00% Reduced -44.6k -44,634
70 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 16,90516.9k $115.6k $115.6k 0.00% Reduced -5.4k -5,360
71 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 16,02916.0k $109.6k $109.6k 0.00% Added +1.4k +1,391
72 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 15,78915.8k $104.2k $104.2k 0.00% New
73 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 15,77015.8k $107.9k $107.9k 0.00% Reduced -981 -981
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,75615.8k $107.0k $107.0k 0.00% Added +8.0k +7,994
75 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 15,51815.5k $106.0k $106.0k 0.00% New
76 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 15,08715.1k $103.2k $103.2k 0.00% Added +2.0k +2,004
77 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 14,56614.6k $100.0k $100.0k 0.00% Added +1.9k +1,944
78 COMMERCE BANK 0.00% of their portfolio KANSAS CITY, MO 14,27514.3k $97.6k $97.6k 0.00% New
79 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 13,88613.9k $95.0k $95.0k 0.00% Unchanged
80 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 13,56313.6k $92.8k $92.8k 0.00% New
81 Mariner, LLC 0.00% of their portfolio Overland Park, KS 13,37413.4k $91.5k $91.5k 0.00% Added +1.4k +1,418
82 Graham Capital Management, L.P. 0.00% of their portfolio ROWAYTON, CT 12,91012.9k $88.3k $88.3k 0.00% New
83 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 12,60012.6k $86.2k $86.2k 0.00% New
84 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 11,59511.6k $79.3k $79.3k 0.00% Added +1.4k +1,367
85 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,25210.3k $70.1k $70.1k 0.00% Added +3.0k +2,994
86 LEVIN CAPITAL STRATEGIES, L.P. 0.01% of their portfolio NEW YORK, NY 10,00010.0k $68.4k $68.4k 0.01% New
87 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7,0547.1k $48.2k $48.2k 0.00% Added +5.1k +5,052
88 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 5,5505.5k $38.0k $38.0k 0.01% New
89 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,4935.5k $37.6k $37.6k 0.00% Added +4.9k +4,865
90 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 4,6764.7k $32.0k $32.0k 0.00% Added +4.7k +4,666
91 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 3,9153.9k $26.8k $26.8k 0.00% Unchanged
92 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 1,6011.6k $11.0k $11.0k 0.00% Unchanged
93 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,5831.6k $10.8k $10.8k 0.00% Added +859 +859
94 FMR LLC 0.00% of their portfolio BOSTON, MA 1,5521.6k $10.6k $10.6k 0.00% Reduced -1.2k -1,175
95 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 1,5051.5k $10.3k $10.3k 0.00% New
96 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 941941 $6.0k $6.0k 0.00% Reduced -702 -702
97 Redwood Wealth Management Group, LLC 0.00% of their portfolio MEDFORD, NJ 900900 $6.2k $6.2k 0.00% New
98 CWM, LLC 0.00% of their portfolio OMAHA, NE 865865 $6.0k $6.0k 0.00% Reduced -354 -354
99 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 511511 $4.0k $4.0k 0.00% Unchanged
100 First Horizon Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 492492 $3.4k $3.4k 0.00% New