$PANL

$8.02 +$0.00 (0.0%) After hours

$PANL Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 65.5M shares outstanding

Who owns PANL?

By type of holder

Institutions 42.6% Insiders 0.0% Everyone else 57.4%

Concentration Top 10 holders own 60.2%

Strategic Shipping Inc. 28.8% · Carl Claus Boggild 12.7%

Institutional ownership

42.6%

+1.1 pts vs last qtr

Institutional holders

158

+12 vs last qtr

Net shares bought

+685.1K

by institutions in Q2 2026

New / sold out

32 / 20

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Hillsdale Investment Management Inc. NEW +1.2M
BlackRock, Inc. +597.2K

Biggest sellers in Q2 2026

Rockland Trust Co −3.5M
Goldman Sachs Group Inc −403.6K

Who is planning to sell?

Notices of proposed sale, last 12 months

$1.14M

3 notices from 3 people

Shares covered

143.4K

0.22% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Eric Rosenfeld Director $841K
Gianni DelSignore Chief financial officer $165K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+82.9%

+6.94% a year

Each share's claim on the business

−45.3%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $19.8M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years43% 3–5 years7% 1–3 years16% Under 1 year34%

Quarterly turnover

25.6%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting PANL on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
RT Rockland Trust Co	1.3M	1.96%	−3.5M (−73.1%)	≤2021	0.3%
Shares held by quarter Peak holding8.6M (Q1'25) Change over 8 quarters−7.3M Share of the company1.960% Rockland Trust Co's full portfolio →
DF Dimensional Fund Advisors LP	3.2M	4.83%	+275.1K (+9.5%)	≤2021	0.0%
Shares held by quarter Peak holding3.2M (Q2'26) Change over 8 quarters+1.2M Share of the company4.830% Dimensional Fund Advisors LP's full portfolio →

Rockland Trust Co

1.3M

% of company

1.96%

Change vs last qtr

−3.5M (−73.1%)

Held since

≤2021

Dimensional Fund Advisors LP

3.2M

% of company

4.83%

Change vs last qtr

+275.1K (+9.5%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Pangaea Logistics Solutions Ltd., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting PANL on Form N-PORT; together they hold 5.8% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
CR College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund	$4.21M	648.0K	0.99%	0.00%	June 30, 2026
DU Dimensional US Small Cap Value ETF Dimensional ETF Trust	$2.86M	376.3K	0.57%	0.03%	July 31, 2026

College Retirement Equities Fund - Total Global Stock Account

College Retirement Equities Fund

Position value

$4.21M

% of company

0.99%

% of the fund

0.00%

As of

June 30, 2026

Dimensional US Small Cap Value ETF

Dimensional ETF Trust

Position value

$2.86M

% of company

0.57%

% of the fund

0.03%

As of

July 31, 2026

23 more funds behind a free account

See every fund holding Pangaea Logistics Solutions Ltd. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
SS Strategic Shipping Inc. 5%+ holder 13D · 29.0%	18.9M	28.82%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company28.820% Disclosed stake13D · 29.0% View the 13D/G filing →
CC Carl Claus Boggild 5%+ holder 13D · 12.8%	8.3M	12.74%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company12.740% Disclosed stake13D · 12.8% View the 13D/G filing →

Strategic Shipping Inc.

5%+ holder13D · 29.0%

18.9M

% of company

28.82%

Change vs last qtr

—

Held since

—

Carl Claus Boggild

5%+ holder13D · 12.8%

8.3M

% of company

12.74%

Change vs last qtr

—

Held since

—

Comments