Navios Maritime Partners

NMM • NYSE

Navios Maritime Partners is a marine shipping company in the industrials sector on NYSE, led by Angeliki Frangou, with a market cap of $1.5B. As of Q3 2025, 30% of shares are held by 66 institutional investors, with Pilgrim Global Advisors LLC as the largest holder at 16.02%.

CEOAngeliki Frangou

Market Cap$1.5B

Marine Shipping

Industrials

Employees186.0

Websitenavios-mlp.com

Overview

Overview of institutional ownership in NMM as of Q3 2025 with a market cap of $1.3B

All Institutions

Institutions: 66
Value Held: $396.1M
Shares Held: 8.8M
Avg Position: $6.0M
Median Position: $334.5K

Hedge Funds

Hedge Funds: 8
Value Held: $235.8M
Shares Held: 5.2M
Avg Position: $29.5M
Median Position: $4.1M

Ownership Breakdown

Institutional (non-HF)

12.23%

$160.3M

Hedge Funds

17.99%

$235.8M

Retail & Other

69.78%

$914.6M

Based on market cap of $1.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NMM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
P Pilgrim Global Advisors LLC Hedge Fund•Value	Kean Hua Chung Owner	$210.0M 40.78% of portfolio	16.02% 4.7M shares	Q4 2023 Held for 1y 11m	$514.9M
Main Street Financial Solutions, LLC RIA/Wealth	Brett Robert Danko CEO	$38.9M 2.50% of portfolio	2.97% 863.1K shares	Q1 2024 Held for 1y 8m	$1.6B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$31.6M 0.00% of portfolio	2.41% 700.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
I Ion Asset Management Ltd. Institution	-	$21.0M 2.97% of portfolio	1.60% 466.0K shares	Q2 2024 Held for 1y 5m	$707.1M
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$9.7M 0.01% of portfolio	0.74% 215.3K shares	≤ Q2 2013 Held for 12y 5m+	$67.9B
A ARMOR ADVISORS, L.L.C. Hedge Fund•Multi-Strategy	Eden Nanazia CFO	$9.1M 8.61% of portfolio	0.69% 201.8K shares	Q3 2024 Held for 1y 2m	$105.5M
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$7.2M 0.01% of portfolio	0.55% 158.7K shares	Q4 2020 Held for 4y 11m	$71.1B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$6.9M 0.01% of portfolio	0.53% 153.4K shares	≤ Q2 2013 Held for 12y 5m+	$122.08B
G GRATIA CAPITAL, LLC Hedge Fund•Multi-Strategy	Pei Yu-Tsung Steven Managing Partner	$6.4M 5.85% of portfolio	0.49% 142.2K shares	Q2 2021 Held for 4y 5m	$109.5M
N NATIXIS Institution	-	$6.0M 0.03% of portfolio	0.46% 133.4K shares	Q4 2023 Held for 1y 11m	$18.4B

Net Capital Flow

Institutional buying and selling activity for NMM in Q3 2025

Traded: −$5.6M
Buyers: 37
Sellers: 18
Total Bought: +$17.2M
Total Sold: −$22.8M
Avg Position: $5.6M

Biggest Buyers

Institution	Net Bought	Current Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$2.5M +55.5K shares	$9.7M 215.3K shares
I ING GROEP NV Institution	+$2.4M +53.4K shares	$4.4M 96.6K shares
G GeoSphere Capital Management Hedge Fund•Long/Short	+$1.8M +40.0K shares	$1.8M 40.0K shares
BANK OF AMERICA CORP /DE/ Institution	+$1.2M +26.3K shares	$5.3M 118.0K shares
H HRT FINANCIAL LLC Institution	+$1.2M +25.9K shares	$2.2M 47.8K shares
Lighthouse Investment Partners, LLC Fund of Funds	+$1.1M +25.0K shares	$2.3M 52.1K shares
F Fort Hoosac Management, LLC Hedge Fund•Multi-Strategy	+$1.1M +24.8K shares	$1.1M 24.8K shares
JPMORGAN CHASE & CO Institution	+$767.7K +17.0K shares	$1.6M 34.9K shares
Q Qube Research & Technologies Ltd Institution	+$638.8K +14.2K shares	$638.8K 14.2K shares
IEQ CAPITAL, LLC RIA/Wealth	+$572.9K +12.7K shares	$4.1M 91.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
I Ion Asset Management Ltd. Institution	−$15.9M −352.0K shares	$21.0M 466.0K shares
P Pilgrim Global Advisors LLC Hedge Fund•Value	−$1.5M −34.1K shares	$210.0M 4.7M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$1.4M −30.1K shares	$6.9M 153.4K shares
MORGAN STANLEY RIA/Wealth	−$1.3M −29.6K shares	$31.6M 700.6K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$715.3K −15.9K shares	$271.1K 6.0K shares
CORSAIR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$488.3K −13.0K shares	Sold Off 0 shares
Counterpoint Mutual Funds LLC ETF Provider	−$393.9K −10.5K shares	Sold Off 0 shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$320.1K −8.5K shares	Sold Off 0 shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$247.1K −5.5K shares	$100.0K 2.2K shares
HPM Partners LLC RIA/Wealth	−$212.3K −5.6K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited NMM in Q3 2025

New Positions: 5
New Value: $2.5M
Exited Positions: 5
Exited Value: $1.4M

New Positions

Institution	Position Value
F Fort Hoosac Management, LLC Hedge Fund•Multi-Strategy	$1.1M 24.8K shares
Q Qube Research & Technologies Ltd Institution	$638.8K 14.2K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$497.9K 11.1K shares
Blackhawk Capital Partners LLC. RIA/Wealth	$246.6K 5.5K shares
JPL Wealth Management, LLC RIA/Wealth	$586.0 13.0 shares

Exited Positions

Institution	Previous Position
CORSAIR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$488.3K 13.0K shares
Counterpoint Mutual Funds LLC ETF Provider	$393.9K 10.5K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$320.1K 8.5K shares
HPM Partners LLC RIA/Wealth	$212.3K 5.6K shares
Ameritas Advisory Services, LLC RIA/Wealth	$4.4K 116.0 shares

Options Activity

Institutions with the largest Call and Put options positions in NMM as of Q3 2025

Call Positions: 6
Call Value: $27.0M
Put Positions: 3
Put Value: $16.0M

Call Positions

Institution	Position Value
A ARMOR ADVISORS, L.L.C. Hedge Fund•Multi-Strategy	$14.0M 3.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.7M 1.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.7M 1.3K contracts
J JANE STREET GROUP, LLC Institution	$720.8K 160.0 contracts
Main Street Financial Solutions, LLC RIA/Wealth	$7.3K 10.0 contracts
Cetera Investment Advisers RIA/Wealth	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.8M 2.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.9M 1.5K contracts
J JANE STREET GROUP, LLC Institution	$301.8K 67.0 contracts

Most Committed Institutions

Institutions with NMM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Pilgrim Global Advisors LLC Hedge Fund•Value	Kean Hua Chung Owner	40.78% $210.0M	16.02% 4.7M shares	Q4 2023 Held for 1y 11m	$514.9M
A ARMOR ADVISORS, L.L.C. Hedge Fund•Multi-Strategy	Eden Nanazia CFO	8.61% $9.1M	0.69% 201.8K shares	Q3 2024 Held for 1y 2m	$105.5M
G GRATIA CAPITAL, LLC Hedge Fund•Multi-Strategy	Pei Yu-Tsung Steven Managing Partner	5.85% $6.4M	0.49% 142.2K shares	Q2 2021 Held for 4y 5m	$109.5M
I Ion Asset Management Ltd. Institution	-	2.97% $21.0M	1.60% 466.0K shares	Q2 2024 Held for 1y 5m	$707.1M
Main Street Financial Solutions, LLC RIA/Wealth	Brett Robert Danko CEO	2.50% $38.9M	2.97% 863.1K shares	Q1 2024 Held for 1y 8m	$1.6B
M Merrion Investment Management Co, LLC RIA/Wealth	Nancy M Westbrock CEO	1.69% $2.9M	0.22% 65.3K shares	Q3 2024 Held for 1y 2m	$174.3M
G GeoSphere Capital Management Hedge Fund•Long/Short	Arvind Singh Sanger CIO	1.38% $1.8M	0.14% 40.0K shares	Q3 2025 Held for 2 months	$131.0M
Pinnacle Holdings, LLC RIA/Wealth	David Monroe Poarch Managing Partner	1.21% $3.0M	0.23% 66.4K shares	≤ Q2 2013 Held for 12y 5m+	$246.2M
F Fort Hoosac Management, LLC Hedge Fund•Multi-Strategy	Paul Jerome Isaac President	0.77% $1.1M	0.09% 24.8K shares	Q3 2025 Held for 2 months	$145.9M
Live Oak Investment Partners RIA/Wealth	Michael Richard Hostick CCO	0.67% $1.4M	0.10% 30.2K shares	Q2 2024 Held for 1y 5m	$202.0M

Hedge Fund Spotlight

Discover hedge funds investing in NMM

Fort Hoosac Management, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerPaul Jerome Isaac

Portfolio Value: $145.9M
Positions: 35
Last Reported: Q3 2025

Sector Allocation

Position in Navios Maritime Partners

Market Value: $1.1M
Shares Held: 24.8K
Portfolio Weight: 0.77%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 GRAIL, Inc. GRAL	Unknown Unknown	$61.3M	41.99%
2 Greif, Inc. GEF.B	Packaging & Containers Consumer Cyclical	$12.1M	8.32%
3 Stereotaxis STXS	Medical - Instruments & Supplies Healthcare	$8.9M	6.08%