Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock
XELAP
XELAP was delisted on the 7th of November, 2024.
10 hedge funds and large institutions have $2.12M invested in Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and closing their positions.
11% more funds holding
Funds holding: 9 → 10 (+1)
21% less capital invested
Capital invested by funds: $2.69M → $2.12M (-$575K)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$628K |
| 2 |
SC
Shay Capital
New York
|
+$58.2K |
| 3 |
Morgan Stanley
New York
|
+$7 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$50.7K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$8.35K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$896 |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$433 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
BlackRock
New York
| $638K | -$50.7K | -13,702 | -6% |
|
|
CM
2
CastleKnight Management
New York
| $532K | +$628K | +169,610 | +1,359% |
|
|
CF
3
Cantor Fitzgerald
New York
| $441K | – | – | – |
|
|
LM
4
Lasry Marc
| $226K | – | – | – |
|
|
SC
5
Shay Capital
New York
| $220K | +$58.2K | +15,715 | +26% |
|
|
CL
6
CSS LLC
Chicago,
Illinois
| $36.1K | -$896 | -242 | -2% |
|
|
7
UBS Group
Zurich,
Switzerland
| $21K | -$8.35K | -2,254 | -24% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
9
Bank of America
Charlotte,
North Carolina
| $292 | – | – | – |
|
|
10
Morgan Stanley
New York
| $6 | +$7 | +2 | New |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$433 | -117 | -49% |
|
XELAP Hedge Fund Activity: Q4 2022 in Review
10 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP) for Q4 2022, worth a combined $2.12M — down 21% from $2.69M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new XELAP positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was CastleKnight Management, adding an estimated $628K. The largest seller was BlackRock, cutting an estimated $50.7K.
- 10 institutional investors held Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP) as of Q4 2022, up from 9 in Q3 2022.
- Funds reported $2.12M of Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock stock for Q4 2022, down 21% quarter-over-quarter.
- 1 fund opened new Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock positions in Q4 2022 and 0 closed out, a net change of +1 holder.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock buyer in Q4 2022 was CastleKnight Management, an estimated $628K added.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock seller in Q4 2022 was BlackRock, an estimated $50.7K sold.
Based on aggregated 13F filings for Q4 2022.