Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock
GTXAP
GTXAP was delisted on the 12th of June, 2023.
34 hedge funds and large institutions have $1.84B invested in Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
13% more funds holding
Funds holding: 30 → 34 (+4)
1% more capital invested
Capital invested by funds: $1.82B → $1.84B (+$19.6M)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
+$20.4M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$15.2M |
| 3 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
+$7.36M |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$1.51M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Forager Capital Management
Birmingham,
Alabama
|
-$5.6M |
| 2 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
-$936K |
| 3 |
SM
Skaana Management
Brooklyn,
New York
|
-$583K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$372K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$20.8K |
GTXAP Hedge Fund Activity: Q1 2022 in Review
34 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock (GTXAP) for Q1 2022, worth a combined $1.84B — up 1.1% from $1.82B a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GTXAP positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Newtyn Management, opening a new position worth an estimated $20.4M. The largest seller was Forager Capital Management, exiting entirely with an estimated $5.6M sold.
- 34 institutional investors held Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock (GTXAP) as of Q1 2022, up from 30 in Q4 2021.
- Funds reported $1.84B of Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock stock for Q1 2022, up 1.1% quarter-over-quarter.
- 7 funds opened new Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock positions in Q1 2022 and 3 closed out, a net change of +4 holders.
- The largest Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock buyer in Q1 2022 was Newtyn Management, an estimated $20.4M added.
- The largest Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock seller in Q1 2022 was Forager Capital Management, an estimated $5.6M sold.
Based on aggregated 13F filings for Q1 2022.