Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock
GTXAP
GTXAP was delisted on the 12th of June, 2023.
45 hedge funds and large institutions have $2.03B invested in Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
7% more funds holding
Funds holding: 42 → 45 (+3)
2% more capital invested
Capital invested by funds: $1.99B → $2.03B (+$39.3M)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$2.29M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.38M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.16M |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$1.05M |
| 5 |
SM
Skaana Management
Brooklyn,
New York
|
+$963K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ER
EVR Research
Richmond,
Virginia
|
-$12M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$3.18M |
| 3 |
NM
Newtyn Management
New York
|
-$2M |
| 4 |
Citigroup
New York
|
-$440K |
| 5 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$440K |
GTXAP Hedge Fund Activity: Q1 2023 in Review
45 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock (GTXAP) for Q1 2023, worth a combined $2.03B — up 2% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GTXAP positions and 2 closed out — a net gain of 3 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was 683 Capital Management, opening a new position worth an estimated $2.29M. The largest seller was EVR Research, cutting an estimated $12M.
- 45 institutional investors held Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock (GTXAP) as of Q1 2023, up from 42 in Q4 2022.
- Funds reported $2.03B of Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock stock for Q1 2023, up 2% quarter-over-quarter.
- 5 funds opened new Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock positions in Q1 2023 and 2 closed out, a net change of +3 holders.
- The largest Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock buyer in Q1 2023 was 683 Capital Management, an estimated $2.29M added.
- The largest Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock seller in Q1 2023 was EVR Research, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2023.