Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock
XELAP
XELAP was delisted on the 7th of November, 2024.
6 hedge funds and large institutions have $1.95M invested in Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock in 2024 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 4 closing their positions.
25% less funds holding
Funds holding: 8 → 6 (-2)
33% less capital invested
Capital invested by funds: $2.93M → $1.95M (-$978K)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
StoneX Group
New York
|
+$147K |
| 2 |
Barclays
London,
United Kingdom
|
+$33.8K |
| 3 |
SC
Shay Capital
New York
|
+$29.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$469K |
| 2 |
CM
CastleKnight Management
New York
|
-$290K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$640 |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$160 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
1
Cantor Fitzgerald
New York
| $1.81M | – | – | – |
|
|
SC
2
Shay Capital
New York
| $59.3K | +$29.3K | +21,577 | +15% |
|
|
SG
3
StoneX Group
New York
| $38.8K | +$147K | +107,816 | New |
|
|
LM
4
Lasry Marc
| $27.9K | – | – | – |
|
|
5
Barclays
London,
United Kingdom
| $8.96K | +$33.8K | +24,900 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $3 | – | – | – |
|
|
7
BlackRock
New York
| – | -$469K | -293,261 | Closed |
|
|
CM
8
CastleKnight Management
New York
| – | -$290K | -181,056 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$640 | -400 | Closed |
|
|
10
Bank of America
Charlotte,
North Carolina
| – | -$160 | -100 | Closed |
|
XELAP Hedge Fund Activity: Q4 2024 in Review
6 of the 7,592 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 2024, worth a combined $1.95M — down 33% from $2.93M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of XELAP and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was StoneX Group, opening a new position worth an estimated $147K. The largest seller was BlackRock, exiting entirely with an estimated $469K sold.
- 6 institutional investors held Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP) as of Q4 2024, down from 8 in Q3 2024.
- Funds reported $1.95M of Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock stock for Q4 2024, down 33% quarter-over-quarter.
- 2 funds opened new Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock positions in Q4 2024 and 4 closed out, a net change of -2 holders.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock buyer in Q4 2024 was StoneX Group, an estimated $147K added.
- The largest Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock seller in Q4 2024 was BlackRock, an estimated $469K sold.
Based on aggregated 13F filings for Q4 2024.