Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock
XELAP
XELAP was delisted on the 7th of November, 2024.
9 hedge funds and large institutions have $2.91M invested in Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more funds holding
Funds holding: 8 → 9 (+1)
26% less capital invested
Capital invested by funds: $3.93M → $2.91M (-$1.02M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Shay Capital
New York
|
+$168K |
| 2 |
Morgan Stanley
New York
|
+$4.4K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$105 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$227K |
| 2 |
GCM
Gates Capital Management
New York
|
-$135K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$58 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
1
Cantor Fitzgerald
New York
| $1.81M | – | – | – |
|
|
2
BlackRock
New York
| $528K | -$227K | -107,660 | -26% |
|
|
CM
3
CastleKnight Management
New York
| $304K | – | – | – |
|
|
SC
4
Shay Capital
New York
| $134K | +$168K | +79,514 | New |
|
|
LM
5
Lasry Marc
| $130K | – | – | – |
|
|
6
Morgan Stanley
New York
| $4.28K | +$4.4K | +2,086 | New |
|
7
Bank of America
Charlotte,
North Carolina
| $168 | – | – | – |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $84 | +$105 | +50 | New |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $13 | – | – | – |
|
|
GCM
10
Gates Capital Management
New York
| – | -$135K | -46,534 | Closed |
|
|
11
Wells Fargo
San Francisco,
California
| – | -$58 | -20 | Closed |
|
XELAP Hedge Fund Activity: Q4 2023 in Review
9 of the 6,859 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 2023, worth a combined $2.91M — down 26% from $3.93M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new XELAP positions and 2 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Shay Capital, opening a new position worth an estimated $168K. The largest seller was BlackRock, cutting an estimated $227K.
- 9 institutional investors held Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP) as of Q4 2023, up from 8 in Q3 2023.
- Funds reported $2.91M of Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock stock for Q4 2023, down 26% quarter-over-quarter.
- 3 funds opened new Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock positions in Q4 2023 and 2 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 2023 was Shay Capital, an estimated $168K added.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock seller in Q4 2023 was BlackRock, an estimated $227K sold.
Based on aggregated 13F filings for Q4 2023.