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Paragon 28, Inc.

FNADelisted Apr 21, 2025
Industry
Surgical & Medical Instruments & Apparatus
SEC CIK
0001531978

Paragon 28, Inc. was delisted on Apr 21, 2025; its insiders filed their last Form 4 on Apr 21, 2025; 159 institutions reported holding it in 13F filings for Q1 2025, worth $716.2M in total; no superinvestor held it.

13F holders, Q1 2025

Institutional positions in Paragon 28, Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

FNA is no longer listed, so this page shows Q1 2025. 13F filings for later quarters list far fewer holders.

Institutional holders
159
+30 vs. Q4 2024
Shares held
54.9M
+7.40M (+15.6%) vs. Q4 2024
Total value
$716.2M
+$226.3M (+46.2%) vs. Q4 2024
New holders
63
44 more added
Sold out
33
38 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting FNA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 159 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 58 institutionsQ1 2022: 56 institutionsQ2 2022: 67 institutionsQ3 2022: 79 institutionsQ4 2022: 86 institutionsQ1 2023: 106 institutionsQ2 2023: 106 institutionsQ3 2023: 95 institutionsQ4 2023: 111 institutionsQ1 2024: 107 institutionsQ2 2024: 111 institutionsQ3 2024: 113 institutionsQ4 2024: 130 institutionsQ1 2025: 159 institutionsQ2 2025: 2 institutionsQ3 2025: 0 institutionsQ4 2025: 0 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ1 2025: $716.2M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $418.4MQ1 2022: $410.6MQ2 2022: $483.3MQ3 2022: $458.5MQ4 2022: $587.2MQ1 2023: $614.7MQ2 2023: $691.6MQ3 2023: $514.9MQ4 2023: $508.1MQ1 2024: $510.3MQ2 2024: $326.1MQ3 2024: $335.6MQ4 2024: $491.7MQ1 2025: $716.2MQ2 2025: $1.05KQ3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0
Institutions holding FNA and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20250$0
Q3 20250$0
Q2 20252$1.05K
Q1 2025159$716.2M
Q4 2024130$491.7M
Q3 2024113$335.6M
Q2 2024111$326.1M
Q1 2024107$510.3M
Q4 2023111$508.1M
Q3 202395$514.9M
Q2 2023106$691.6M
Q1 2023106$614.7M
Q4 202286$587.2M
Q3 202279$458.5M
Q2 202267$483.3M
Q1 202256$410.6M
Q4 202158$418.4M
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Paragon 28, Inc.; share changes are against Q4 2024.

Institutions holding FNA in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vivaldi Asset Management, LLC97,345$1.27M0.09%+97,345New
Marshall Wace, LLP99,851$1.30M0.00%+8,138+8.9%Added
Prescott Group Capital Management, L.L.C.100,000$1.31M0.19%00.0%Unchanged
BCK Capital Management LP109,000$1.42M1.11%+109,000New
Mint Tower Capital Management B.V.110,000$1.44M0.53%+110,000New
Bank of New York Mellon Corp122,748$1.60M0.00%−793−0.6%Reduced
Healthcare of Ontario Pension Plan Trust Fund122,848$1.60M0.00%+122,848New
Balyasny Asset Management LLC139,053$1.82M0.00%+125,765+946.5%Added
CSS LLC142,582$1.86M0.13%+142,582New
Prelude Capital Management, LLC147,024$1.92M0.19%+147,024New
Deltec Asset Management LLC152,261$1.99M0.43%+152,261New
Nuveen, LLC169,058$2.21M0.00%+169,058New
Harvest Management LLC176,780$2.31M1.07%+176,780New
Alpine Global Management, LLC190,723$2.49M0.66%+190,723New
Credit Industriel Et Commercial194,742$2.54M0.46%+194,742New
Athos Capital Ltd200,000$2.61M3.31%+200,000New
Lifeworks Advisors, LLC200,295$2.62M0.43%+200,295New
Meteora Capital, LLC205,000$2.68M0.95%+205,000New
New York Life Investment Management LLC222,637$2.91M0.03%+222,637New
JPMorgan Chase & Co231,608$3.02M0.00%−577,003−71.4%Reduced
Boothbay Fund Management, LLC252,501$3.30M0.12%+252,501New
Tudor Investment Corp Et Al270,776$3.54M0.03%+216,572+399.5%Added
Yakira Capital Management, Inc.289,667$3.78M1.54%+289,667New
Groupe la Francaise295,590$3.85M0.08%+295,590New
CNH Partners LLC306,387$4.00M0.10%+306,387New
Morgan Stanley306,670$4.01M0.00%+59,172+23.9%Added
Citadel Advisors LLC307,819$4.02M0.00%+294,049+2,135.4%Added
Woodline Partners LP325,292$4.25M0.03%+325,292New
Charles Schwab Investment Management Inc341,404$4.46M0.00%−3,842−1.1%Reduced
Water Island Capital LLC358,000$4.68M0.81%+358,000New
Omers Administration Corp360,100$4.70M0.04%+360,100New
Murchinson Ltd.400,000$5.22M0.91%+400,000New
HighMark Wealth Management LLC403,226$5.27M3.11%−108,918−21.3%Reduced
Goldman Sachs Group Inc430,319$5.62M0.00%+215,484+100.3%Added
Northern Trust Corp441,716$5.77M0.00%−14,856−3.3%Reduced
Trexquant Investment LP465,228$6.08M0.07%+465,228New
First Light Asset Management, LLC500,000$6.53M0.75%−10,080,467−95.3%Reduced
Chicago Capital Management, LLC571,300$7.46M4.64%+571,300New
ExodusPoint Capital Management, LP595,652$7.78M0.10%+544,817+1,071.7%Added
Park Edge Advisors, LLC598,870$7.82M2.18%00.0%Unchanged
Picton Mahoney Asset Management750,000$9.80M0.34%+750,000New
Schonfeld Strategic Advisors LLC768,640$10.0M0.07%+768,640New
Pentwater Capital Management LP900,000$11.8M0.16%+900,000New
Jane Street Group, LLC904,938$11.8M0.02%+830,135+1,109.8%Added
CIBRA Capital Ltd931,679$12.2M4.24%+931,679New
Geode Capital Management, LLC1,006,426$13.1M0.00%+27,594+2.8%Added
State Street Corp1,091,911$14.3M0.00%+43,570+4.2%Added
Millennium Management LLC1,115,290$14.6M0.01%+766,984+220.2%Added
Gabelli Funds LLC1,285,906$16.8M0.13%+1,285,906New
Gabelli & Co Investment Advisers, Inc.1,400,607$18.3M2.77%+1,400,607New
Rubric Capital Management LP1,879,635$24.5M0.44%+1,879,635New
Cadian Capital Management, LP2,075,005$27.1M1.16%+672,085+47.9%Added
TIG Advisors, LLC2,556,451$33.4M2.18%+2,556,451New
Trium Capital LLP2,795,307$36.5M14.82%+2,795,307New
Vanguard Group Inc2,986,459$39.0M0.00%+177,350+6.3%Added
BlackRock, Inc.3,605,074$47.1M0.00%+86,824+2.5%Added
UBS Group AG4,752,579$62.1M0.01%+4,676,253+6,126.7%Added
MVM Partners, LLC4,854,882$63.4M80.36%−5,531,263−53.3%Reduced
Glazer Capital, LLC5,793,292$75.7M3.50%+5,793,292New
Braidwell LP0$00.00%−3,834,809−100.0%Sold out
Bleichroeder LP0$00.00%−1,763,339−100.0%Sold out
Peregrine Capital Management LLC0$00.00%−500,094−100.0%Sold out
PFG Advisors0$00.00%−385,530−100.0%Sold out
Macquarie Group Ltd0$00.00%−150,962−100.0%Sold out
UBS Oconnor LLC0$00.00%−138,854−100.0%Sold out
Dimensional Fund Advisors LP0$00.00%−100,405−100.0%Sold out
SEI Investments Co0$00.00%−78,371−100.0%Sold out
National Philanthropic Trust0$00.00%−75,492−100.0%Sold out
Jump Financial, LLC0$00.00%−60,900−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−58,055−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−52,970−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−50,086−100.0%Sold out
Los Angeles Capital Management LLC0$00.00%−48,931−100.0%Sold out
Bensler, LLC0$00.00%−45,379−100.0%Sold out
Quantbot Technologies LP0$00.00%−22,911−100.0%Sold out
OneAscent Financial Services LLC0$00.00%−22,575−100.0%Sold out
Commerce Bank0$00.00%−18,220−100.0%Sold out
AlphaCore Capital LLC0$00.00%−16,916−100.0%Sold out
Palumbo Wealth Management LLC0$00.00%−16,553−100.0%Sold out
XTX Topco Ltd0$00.00%−16,495−100.0%Sold out
Thrivent Financial for Lutherans0$00.00%−12,500−100.0%Sold out
KLP Kapitalforvaltning AS0$00.00%−9,100−100.0%Sold out
State of Wyoming0$00.00%−4,359−100.0%Sold out
Venturi Wealth Management, LLC0$00.00%−3,500−100.0%Sold out
R Squared Ltd0$00.00%−2,040−100.0%Sold out
Assetmark, Inc0$00.00%−1,950−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−945−100.0%Sold out
First Horizon Advisors, Inc.0$00.00%−492−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−212−100.0%Sold out
Smartleaf Asset Management LLC0$00.00%−143−100.0%Sold out
Comerica Bank0$00.00%−96−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−24−100.0%Sold out
Nuveen Asset Management, LLC––––Not filed