NAVIOS MARITIME PARTNERS L P NMM
COM UNIT LPI · MLP · CUSIP Y62267409
- SectorIndustrials
- IndustryDeep Sea Foreign Transportation of Freight
- FilingsSEC EDGAR
* 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 ≈ $45.05. Options: 7 managers hold calls ($28.4m notional), 6 hold puts ($19.1m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 52 |
| Q4 2022 | 45 |
| Q1 2023 | 42 |
| Q2 2023 | 37 |
| Q3 2023 | 34 |
| Q4 2023 | 39 |
| Q1 2024 | 69 |
| Q2 2024 | 67 |
| Q3 2024 | 81 |
| Q4 2024 | 72 |
| Q1 2025 | 58 |
| Q2 2025 | 62 |
| Q3 2025 | 68 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 17 | 16 |
| Q1 2024 | 47 | 14 |
| Q2 2024 | 34 | 28 |
| Q3 2024 | 43 | 27 |
| Q4 2024 | 27 | 45 |
| Q1 2025 | 18 | 41 |
| Q2 2025 | 30 | 27 |
| Q3 2025 | 38 | 17 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $77.3m | $31.7m | 0.41 |
| Q1 2025 | $27.2m | $11.2m | 0.41 |
| Q2 2025 | $23.9m | $11.0m | 0.46 |
| Q3 2025 | $28.4m | $19.1m | 0.67 |
Biggest buyers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +55.5k |
| ING GROEP NV | Added | +53.4k |
| JPMORGAN CHASE & CO | Added | +51.9k |
| GeoSphere Capital Management, LLC | New | +40.0k |
| BANK OF AMERICA CORP /DE/ | Added | +26.3k |
| HRT FINANCIAL LP | Added | +25.9k |
| Lighthouse Investment Partners, LLC | Added | +25.0k |
| Arbiter Partners Capital Management LLC | New | +24.8k |
| Qube Research & Technologies Ltd | New | +14.2k |
| IEQ CAPITAL, LLC | Added | +12.7k |
Biggest sellers
| Ion Asset Management Ltd. | Reduced | -352.0k |
| PILGRIM GLOBAL ADVISORS LLC | Reduced | -34.1k |
| CITADEL ADVISORS LLC | Reduced | -30.1k |
| MORGAN STANLEY | Reduced | -29.6k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -15.9k |
| CORSAIR CAPITAL MANAGEMENT, L.P. | Sold out | -13.0k |
| Counterpoint Mutual Funds LLC | Sold out | -10.5k |
| Squarepoint Ops LLC | Sold out | -8.5k |
| Cerity Partners LLC | Sold out | -5.6k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -5.5k |
Biggest calls
| ARMOR ADVISORS, L.L.C. | Unchanged | $14.0m310.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m147.9k shares |
| CITADEL ADVISORS LLC | Added | $5.7m126.0k shares |
| GROUP ONE TRADING LLC | Reduced | $941.5k20.9k shares |
| JANE STREET GROUP, LLC | Reduced | $720.8k16.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $436.0k9.7k shares |
| Main Street Financial Solutions, LLC | Unchanged | $7.3k1.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $8.8m196.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.9m153.1k shares |
| SIMPLEX TRADING, LLC | Added | $1.7m36.9k shares |
| GROUP ONE TRADING LLC | Reduced | $792.9k17.6k shares |
| IMC-Chicago, LLC | Added | $585.6k13.0k shares |
| JANE STREET GROUP, LLC | Added | $301.8k6.7k 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.
| Holder | Stake |
|---|---|
Frangou Angeliki
13D · may seek influence
filed 2026-03-16
Stated purposeThe last paragraph of Item 4 in Amendment No. 2 to the Schedule 13D is deleted in its entirety. Full filing |
17.7% |
| Pilgrim Global ICAV 13G · institution filed 2025-11-14 | 17.4% |
| Sertl George O. Jr. 13G · exempt (held before listing) new · filed 2025-02-14 | 5.1% |
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| PILGRIM GLOBAL ADVISORS LLC 40.78% of their portfolio | 4.7m $210.0m | Reduced -34.1k |
| Main Street Financial Solutions, LLC 2.49% of their portfolio | 863.1k $38.9m | Added +4.0k |
| MORGAN STANLEY 0.00% of their portfolio | 700.6k $31.6m | Reduced -29.6k |
| Ion Asset Management Ltd. 2.57% of their portfolio | 466.0k $21.0m | Reduced -352.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 215.3k $9.7m | Added +55.5k |
| ARMOR ADVISORS, L.L.C. 8.61% of their portfolio | 201.8k $9.1m | Added +5.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 158.7k $7.2m | Added +2.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 153.4k $6.9m | Reduced -30.1k |
| GRATIA CAPITAL, LLC 5.67% of their portfolio | 142.2k $6.4m | Added +7.8k |
| NATIXIS 0.03% of their portfolio | 133.4k $6.0m | Added +9.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 118.0k $5.3m | Added +26.3k |
| ING GROEP NV 0.02% of their portfolio | 96.6k $4.4m | Added +53.4k |
| Moors & Cabot, Inc. 0.18% of their portfolio | 92.7k $4.2m | Added +750 |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 91.3k $4.1m | Added +12.7k |
| GROUP ONE TRADING LLC 0.10% of their portfolio | 75.8k $3.4m | Reduced -3.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 69.8k $3.1m | Added +51.9k |
| Merrion Investment Management Co, LLC 1.69% of their portfolio | 65.2k $2.9m | Added +250 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 58.9k $2.7m | Added +3.1k |
| Lighthouse Investment Partners, LLC 0.08% of their portfolio | 52.1k $2.3m | Added +25.0k |
| HRT FINANCIAL LP 0.01% of their portfolio | 47.8k $2.2m | Added +25.9k |
| Mraz, Amerine & Associates, Inc. 0.30% of their portfolio | 43.3k $2.0m | Added +2.6k |
| GeoSphere Capital Management, LLC 1.38% of their portfolio | 40.0k $1.8m | New |
| Live Oak Investment Partners 0.90% of their portfolio | 30.2k $1.4m | Added +1.7k |
| Jump Financial, LLC 0.02% of their portfolio | 27.8k $1.3m | Added +12.4k |
| Arbiter Partners Capital Management LLC 0.77% of their portfolio | 24.8k $1.1m | New |
| Cetera Investment Advisers 0.00% of their portfolio | 14.8k $667.4k | Added +140 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 14.2k $638.8k | New |
| Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio | 11.1k $497.9k | New |
| LPL Financial LLC 0.00% of their portfolio | 9.3k $416.9k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 8.9k $401.9k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 8.7k $391.0k | Added +4.8k |
| National Philanthropic Trust 0.00% of their portfolio | 8.0k $358.4k | New |
| Westhampton Capital, LLC 0.17% of their portfolio | 7.7k $344.9k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 7.2k $324.0k | Added +380 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 6.0k $271.1k | Reduced -15.9k |
| Aristides Capital LLC 0.08% of their portfolio | 5.9k $267.6k | Reduced -107 |
| Blackhawk Capital Partners, LLC 0.10% of their portfolio | 5.5k $246.6k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 5.4k $242.0k | Added +575 |
| SOA Wealth Advisors, LLC. 0.04% of their portfolio | 5.1k $230.5k | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 4.8k $215.6k | Reduced -2.5k |
| Kerrisdale Advisers, LLC 0.11% of their portfolio | 4.6k $206.8k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.2k $100.0k | Reduced -5.5k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 1.6k $74.6k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 1.3k $56.4k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1.1k $48.0k | Added +32 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.0k $47.5k | Reduced -36 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 744 $33.5k | Reduced -40 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 605 $27.3k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 497 $22.4k | Added +201 |
| SouthState Bank Corp 0.00% of their portfolio | 398 $17.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 397 $18.0k | Added +21 |
| OPTIMUM INVESTMENT ADVISORS 0.01% of their portfolio | 343 $15.5k | Unchanged |
| Caitong International Asset Management Co., Ltd 0.01% of their portfolio | 204 $9.2k | Added +40 |
| Parallel Advisors, LLC 0.00% of their portfolio | 170 $7.7k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 160 $7.2k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 135 $6.1k | Reduced -26 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 120 $5.7k | Unchanged |
| NFSG Corp 0.00% of their portfolio | 103 $4.6k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 73 $3.3k | Unchanged |
| Front Row Advisors LLC 0.00% of their portfolio | 55 $2.5k | Unchanged |
| Advisory Services Network, LLC 0.00% of their portfolio | 27 $1.2k | New |
| JPL Wealth Management, LLC 0.00% of their portfolio | 13 $586 | New |
| Pacer Advisors, Inc. 0.00% of their portfolio | 10 $451 | Unchanged |
| Evelyn Partners Investment Management LLP 0.00% of their portfolio | 10 $450 | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 4 $180 | New |
| SWAN Capital LLC 0.00% of their portfolio | 3 $135 | Unchanged |
| Nemes Rush Group LLC 0.00% of their portfolio | 1 $45 | Unchanged |
| RMG Wealth Management LLC 0.00% of their portfolio | 0 $0 | Unchanged |