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 $4.69M invested in Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
36% more capital invested
Capital invested by funds: $3.46M → $4.69M (+$1.24M)
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$267K |
| 2 |
GCM
Gates Capital Management
New York
|
+$70.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Shay Capital
New York
|
-$13.4K |
| 2 |
CM
CastleKnight Management
New York
|
-$3.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$340 |
| 4 |
Morgan Stanley
New York
|
-$6 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
1
Cantor Fitzgerald
New York
| $1.81M | – | – | – |
|
|
2
BlackRock
New York
| $1.6M | +$267K | +125,381 | +48% |
|
|
CM
3
CastleKnight Management
New York
| $742K | -$3.4K | -1,601 | -0.9% |
|
|
LM
4
Lasry Marc
| $318K | – | – | – |
|
|
GCM
5
Gates Capital Management
New York
| $137K | +$70.9K | +33,365 | New |
|
|
SC
6
Shay Capital
New York
| $81.8K | -$13.4K | -6,289 | -24% |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $410 | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| $16 | -$340 | -160 | -98% |
|
|
10
Morgan Stanley
New York
| – | -$6 | -2 | Closed |
|
XELAP Hedge Fund Activity: Q2 2023 in Review
8 of the 6,369 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 Q2 2023, worth a combined $4.69M — up 36% from $3.46M a quarter earlier.
Fund positioning in XELAP was balanced in Q2 2023: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was BlackRock, adding an estimated $267K. The largest seller was Shay Capital, cutting an estimated $13.4K.
- 8 institutional investors held Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $4.69M of Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock stock for Q2 2023, up 36% quarter-over-quarter.
- 1 fund opened new Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock positions in Q2 2023 and 1 closed out, a net change of 0 holders.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock buyer in Q2 2023 was BlackRock, an estimated $267K added.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock seller in Q2 2023 was Shay Capital, an estimated $13.4K sold.
Based on aggregated 13F filings for Q2 2023.