Great Ajax Corp.7.25% Convertible Senior Notes due 2024
AJXA
AJXA was delisted on the 29th of April, 2024.
19 hedge funds and large institutions have $66.3M invested in Great Ajax Corp.7.25% Convertible Senior Notes due 2024 in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 0 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
36% more funds holding
Funds holding: 14 → 19 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $73.5M → $66.3M (-$7.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Skaana Management
Brooklyn,
New York
|
+$3.22M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.63M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$651K |
| 4 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$370K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$614K |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$79.4K |
AJXA Hedge Fund Activity: Q3 2023 in Review
19 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Great Ajax Corp.7.25% Convertible Senior Notes due 2024 (AJXA) for Q3 2023, worth a combined $66.3M — down 9.8% from $73.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new AJXA positions and 0 closed out — a net gain of 5 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Skaana Management, opening a new position worth an estimated $3.22M. The largest seller was Fidelity Investments, cutting an estimated $614K.
- 19 institutional investors held Great Ajax Corp.7.25% Convertible Senior Notes due 2024 (AJXA) as of Q3 2023, up from 14 in Q2 2023.
- Funds reported $66.3M of Great Ajax Corp.7.25% Convertible Senior Notes due 2024 stock for Q3 2023, down 9.8% quarter-over-quarter.
- 5 funds opened new Great Ajax Corp.7.25% Convertible Senior Notes due 2024 positions in Q3 2023 and 0 closed out, a net change of +5 holders.
- The largest Great Ajax Corp.7.25% Convertible Senior Notes due 2024 buyer in Q3 2023 was Skaana Management, an estimated $3.22M added.
- The largest Great Ajax Corp.7.25% Convertible Senior Notes due 2024 seller in Q3 2023 was Fidelity Investments, an estimated $614K sold.
Based on aggregated 13F filings for Q3 2023.