Paradigm Capital Expands Portfolio Across Multiple Stocks
Paradigm Capital Management NY disclosed new or increased stakes in five diverse companies during the second quarter: Carpenter Technology, Mid-America Apartment Communities, Caleres, MasterBrand, and Renasant. In Carpenter Technology, Paradigm acquired 15,600 shares valued at about $9.6 million, as the stock remains heavily held by institutions. For Mid-America Apartment Communities, the firm bought 43,115 shares worth roughly $6.0 million. In Caleres, Paradigm purchased 666,600 shares valued at about $8.25 million. The fund’s stake in MasterBrand was the largest, at 4,618,700 shares valued around $47.5 million, making it one of the portfolio’s top positions. In Renasant, Paradigm acquired 18,500 shares valued at about $787,000, amid broad institutional activity in the name; overall hedge fund ownership in RNST is substantial.
Where do you stand?
