Great Ajax Corp.7.25% Convertible Senior Notes due 2024
AJXA
AJXA was delisted on the 29th of April, 2024.
17 hedge funds and large institutions have $74.2M invested in Great Ajax Corp.7.25% Convertible Senior Notes due 2024 in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 1 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more funds holding
Funds holding: 16 → 17 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $77.7M → $74.2M (-$3.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLCM
KG&L Capital Management
Saint Francisville,
Louisiana
|
+$2.92M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.35M |
| 3 |
SM
Skaana Management
Brooklyn,
New York
|
+$313K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$187K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$14.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.04M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$55.1K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$48.6K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17.5K |
AJXA Hedge Fund Activity: Q1 2023 in Review
17 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Great Ajax Corp.7.25% Convertible Senior Notes due 2024 (AJXA) for Q1 2023, worth a combined $74.2M — down 4.5% from $77.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new AJXA positions and 1 closed out — a net gain of 1 holder — while 10 added to existing stakes and 4 trimmed.
The largest buyer was KG&L Capital Management, opening a new position worth an estimated $2.92M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $14.6M sold.
- 17 institutional investors held Great Ajax Corp.7.25% Convertible Senior Notes due 2024 (AJXA) as of Q1 2023, up from 16 in Q4 2022.
- Funds reported $74.2M of Great Ajax Corp.7.25% Convertible Senior Notes due 2024 stock for Q1 2023, down 4.5% quarter-over-quarter.
- 2 funds opened new Great Ajax Corp.7.25% Convertible Senior Notes due 2024 positions in Q1 2023 and 1 closed out, a net change of +1 holder.
- The largest Great Ajax Corp.7.25% Convertible Senior Notes due 2024 buyer in Q1 2023 was KG&L Capital Management, an estimated $2.92M added.
- The largest Great Ajax Corp.7.25% Convertible Senior Notes due 2024 seller in Q1 2023 was JP Morgan Chase, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2023.