Great Ajax Corp.7.25% Convertible Senior Notes due 2024
AJXA
AJXA was delisted on the 29th of April, 2024.
16 hedge funds and large institutions have $77.7M invested in Great Ajax Corp.7.25% Convertible Senior Notes due 2024 in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $79.5M → $77.7M (-$1.81M)
16% less funds holding
Funds holding: 19 → 16 (-3)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$709K |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$149K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$64.2K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$45K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$17.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.21M |
| 2 |
KLCM
KG&L Capital Management
Saint Francisville,
Louisiana
|
-$1.07M |
| 3 |
BlackRock
New York
|
-$304K |
| 4 |
JP Morgan Chase
New York
|
-$109K |
| 5 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$71.4K |
AJXA Hedge Fund Activity: Q4 2022 in Review
16 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Great Ajax Corp.7.25% Convertible Senior Notes due 2024 (AJXA) for Q4 2022, worth a combined $77.7M — down 2.3% from $79.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of AJXA and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Cutler Capital Management, adding an estimated $709K. The largest seller was Fidelity Investments, cutting an estimated $1.21M.
- 16 institutional investors held Great Ajax Corp.7.25% Convertible Senior Notes due 2024 (AJXA) as of Q4 2022, down from 19 in Q3 2022.
- Funds reported $77.7M of Great Ajax Corp.7.25% Convertible Senior Notes due 2024 stock for Q4 2022, down 2.3% quarter-over-quarter.
- 1 fund opened new Great Ajax Corp.7.25% Convertible Senior Notes due 2024 positions in Q4 2022 and 3 closed out, a net change of -2 holders.
- The largest Great Ajax Corp.7.25% Convertible Senior Notes due 2024 buyer in Q4 2022 was Cutler Capital Management, an estimated $709K added.
- The largest Great Ajax Corp.7.25% Convertible Senior Notes due 2024 seller in Q4 2022 was Fidelity Investments, an estimated $1.21M sold.
Based on aggregated 13F filings for Q4 2022.