Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock
XELAP
XELAP was delisted on the 7th of November, 2024.
8 hedge funds and large institutions have $3.46M invested in Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
63% more capital invested
Capital invested by funds: $2.12M → $3.46M (+$1.34M)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
20% less funds holding
Funds holding: 10 → 8 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$104K |
| 2 |
CM
CastleKnight Management
New York
|
+$1.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Shay Capital
New York
|
-$112K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$36.1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
1
Cantor Fitzgerald
New York
| $1.81M | – | – | – |
|
|
2
BlackRock
New York
| $786K | +$104K | +45,504 | +21% |
|
|
CM
3
CastleKnight Management
New York
| $544K | +$1.29K | +565 | +0.3% |
|
|
LM
4
Lasry Marc
| $231K | – | – | – |
|
|
SC
5
Shay Capital
New York
| $78.2K | -$112K | -49,085 | -65% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $489 | -$16K | -7,019 | -98% |
|
8
Bank of America
Charlotte,
North Carolina
| $298 | – | – | – |
|
9
Morgan Stanley
New York
| $6 | – | – | – |
|
|
CL
10
CSS LLC
Chicago,
Illinois
| – | -$36.1K | -11,413 | Closed |
|
XELAP Hedge Fund Activity: Q1 2023 in Review
8 of the 6,275 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 Q1 2023, worth a combined $3.46M — up 63% from $2.12M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of XELAP and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was BlackRock, adding an estimated $104K. The largest seller was Shay Capital, cutting an estimated $112K.
- 8 institutional investors held Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP) as of Q1 2023, down from 10 in Q4 2022.
- Funds reported $3.46M of Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock stock for Q1 2023, up 63% quarter-over-quarter.
- 0 funds opened new Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock positions in Q1 2023 and 2 closed out, a net change of -2 holders.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock buyer in Q1 2023 was BlackRock, an estimated $104K added.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock seller in Q1 2023 was Shay Capital, an estimated $112K sold.
Based on aggregated 13F filings for Q1 2023.