Vault-13

GREAT AJAX CORP

COM · CUSIP 38983D300

73 institutional holders +11 vs Q2 2023
16,239,57416.2m shares reported held*
$104.0mreported value*
25 new 18 added 14 reduced 14 sold out net bought ≈ $14.3m (+2.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $6.41. Options: 2 managers hold calls ($10.3k notional), 2 hold puts ($32.8k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 65Q1 23: 59Q2 23: 62Q3 23: 7373Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202258
Q4 202265
Q1 202359
Q2 202362
Q3 202373

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 29 bought or addedQ4 22: 25 cut or sold outQ4 22Q1 23: 28 bought or addedQ1 23: 30 cut or sold outQ1 23Q2 23: 28 bought or addedQ2 23: 31 cut or sold outQ2 23Q3 23: 43 bought or addedQ3 23: 28 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222925
Q1 20232830
Q2 20232831
Q3 20234328

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60kQ4 22 calls: $18.1kQ4 22 puts: $13.6kQ4 22P/C 0.75Q1 23 calls: $34.9kQ1 23 puts: $19.1kQ1 23P/C 0.55Q2 23 calls: $15.9kQ2 23 puts: $41.7kQ2 23P/C 2.62Q3 23 calls: $10.3kQ3 23 puts: $32.8kQ3 23P/C 3.19
Numbers
QuarterCallsPutsP/C
Q4 2022$18.1k$13.6k0.75
Q1 2023$34.9k$19.1k0.55
Q2 2023$15.9k$41.7k2.62
Q3 2023$10.3k$32.8k3.19

Biggest buyers

Yakira Capital Management, Inc. New +852,133+852.1k
BANK OF AMERICA CORP /DE/ Added +493,838+493.8k
LMR Partners LLP New +382,859+382.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +355,597+355.6k
FIFTH LANE CAPITAL, LP New +300,000+300.0k
Alberta Investment Management Corp New +282,200+282.2k
MILLENNIUM MANAGEMENT LLC Added +278,937+278.9k
GOLDMAN SACHS GROUP INC Added +222,986+223.0k
COWEN AND COMPANY, LLC New +203,319+203.3k
Sagefield Capital LP New +188,656+188.7k

Biggest sellers

Beach Point Capital Management LP Sold out -400,000-400.0k
Family Manage LLC Sold out -260,413-260.4k
GRATIA CAPITAL, LLC Sold out -260,000-260.0k
FMR LLC Reduced -218,976-219.0k
Pacific Ridge Capital Partners, LLC Reduced -164,684-164.7k
&PARTNERS Reduced -132,001-132.0k
CITADEL ADVISORS LLC Reduced -99,877-99.9k
WOLVERINE ASSET MANAGEMENT LLC Reduced -98,734-98.7k
GSA CAPITAL PARTNERS LLP Reduced -86,915-86.9k
Raymond James Financial Services Advisors, Inc. Sold out -82,452-82.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $10.3k1.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $32.8k5.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), Bay Pond Partners, L.P. (0.0%, 2026-02-10)

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,103,8523.1m $20.0m $20.0m 0.00% Unchanged
2 FMR LLC 0.00% of their portfolio BOSTON, MA 1,663,6321.7m $10.7m $10.7m 0.00% Reduced -219.0k -218,976
3 BlackRock Inc. 0.00% of their portfolio New York, NY 1,478,2411.5m $9.5m $9.5m 0.00% Added +99.8k +99,761
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,084,7401.1m $7.0m $7.0m 0.00% Reduced -2.4k -2,354
5 STATE OF MICHIGAN RETIREMENT SYSTEM 0.04% of their portfolio EAST LANSING, MI 931,509931.5k $6.0m $6.0m 0.04% Unchanged
6 Yakira Capital Management, Inc. 1.49% of their portfolio Westport, CT 852,133852.1k $5.5m $5.5m 1.49% New
7 Almitas Capital LLC 2.49% of their portfolio SANTA MONICA, CA 807,622807.6k $5.2m $5.2m 2.49% Added +87.4k +87,413
8 Pacific Ridge Capital Partners, LLC 0.92% of their portfolio LAKE OSWEGO, OR 617,911617.9k $4.0m $4.0m 0.92% Reduced -164.7k -164,684
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 494,392494.4k $3.2m $3.2m 0.00% Added +493.8k +493,838
10 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 421,925421.9k $2.7m $2.7m 0.01% Unchanged
11 LMR Partners LLP 0.06% of their portfolio LONDON, X0 382,859382.9k $2.5m $2.5m 0.06% New
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 355,597355.6k $2.3m $2.3m 0.00% New
13 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 314,095314.1k $2.0m $2.0m 0.00% Added +278.9k +278,937
14 FIFTH LANE CAPITAL, LP 1.95% of their portfolio Austin, TX 300,000300.0k $1.9m $1.9m 1.95% New
15 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 282,200282.2k $1.8m $1.8m 0.02% New
16 EMG Holdings, L.P. 1.37% of their portfolio OLD GREENWICH, CT 273,983274.0k $1.8m $1.8m 1.37% Unchanged
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 243,990244.0k $1.6m $1.6m 0.00% Added +223.0k +222,986
18 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 205,788205.8k $1.3m $1.3m 0.00% Added +1.7k +1,678
19 COWEN AND COMPANY, LLC 0.09% of their portfolio NEW YORK, NY 203,319203.3k $1.3m $1.3m 0.09% New
20 Sagefield Capital LP 0.17% of their portfolio DALLAS, TX 188,656188.7k $1.2m $1.2m 0.17% New
21 BARD ASSOCIATES INC 0.45% of their portfolio CHICAGO, IL 167,462167.5k $1.1m $1.1m 0.45% Reduced -73 -73
22 Diametric Capital, LP 0.40% of their portfolio BOSTON, MA 150,000150.0k $966.0k $966.0k 0.40% New
23 KG Capital Management 0.41% of their portfolio ST. FRANCISVILLE, LA 131,651131.7k $852.5k $852.5k 0.41% Added +993 +993
24 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 131,530131.5k $847.1k $847.1k 0.02% Reduced -98.7k -98,734
25 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 106,167106.2k $683.7k $683.7k 0.00% Added +45.3k +45,300
26 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 97,69797.7k $629.2k $629.2k 0.00% Reduced -1.1k -1,089
27 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 90,48690.5k $582.7k $582.7k 0.00% Reduced -1.7k -1,742
28 PenderFund Capital Management Ltd. 0.23% of their portfolio VANCOUVER, A1 89,19089.2k $780 $780 0.23% New
29 Greenland Capital Management LP 0.07% of their portfolio NEW YORK, NY 87,60087.6k $564.1k $564.1k 0.07% New
30 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 82,99483.0k $534.5k $534.5k 0.00% Unchanged
31 &PARTNERS 0.24% of their portfolio NASHVILLE, TN 79,55179.6k $512.3k $512.3k 0.24% Reduced -132.0k -132,001
32 JACOBS ASSET MANAGEMENT, LLC 0.34% of their portfolio NEW YORK, NY 67,00867.0k $431.5k $431.5k 0.34% New
33 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 58,60058.6k $377.4k $377.4k 0.00% New
34 Claybrook Capital, LLC 0.22% of their portfolio WELLESLEY, MA 58,55258.6k $377.1k $377.1k 0.22% Unchanged
35 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 58,12158.1k $374.3k $374.3k 0.00% Reduced -52.5k -52,532
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 54,67154.7k $352.1k $352.1k 0.00% Unchanged
37 PRELUDE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 48,15448.2k $310.1k $310.1k 0.03% New
38 Vestcor Inc 0.01% of their portfolio FREDERICTON, A3 41,99642.0k $270.0k $270.0k 0.01% New
39 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 41,71941.7k $268.7k $268.7k 0.00% Reduced -376 -376
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 38,23338.2k $246.2k $246.2k 0.00% Added +10.5k +10,517
41 Camelot Portfolios, LLC 0.21% of their portfolio Maumee, OH 34,34034.3k $221.2k $221.2k 0.21% Reduced -11.3k -11,317
42 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 33,69333.7k $217.0k $217.0k 0.00% Added +288 +288
43 PINEBRIDGE INVESTMENTS, L.P. 0.00% of their portfolio NEW YORK, NY 28,75328.8k $185.2k $185.2k 0.00% New
44 EHP Funds Inc. 0.07% of their portfolio TORONTO, Z4 23,94223.9k $154.2k $154.2k 0.07% New
45 ALGERT GLOBAL LLC 0.01% of their portfolio SAN FRANCISCO, CA 19,36019.4k $124.7k $124.7k 0.01% Added +7.0k +7,010
46 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 19,15519.2k $123.4k $123.4k 0.00% New
47 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 17,49117.5k $112.6k $112.6k 0.00% New
48 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 17,10017.1k $110.1k $110.1k 0.00% New
49 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 17,00017.0k $109.5k $109.5k 0.00% New
50 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,54815.5k $100.0k $100.0k 0.00% Reduced -3.9k -3,881
51 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 15,04115.0k $96.9k $96.9k 0.00% Unchanged
52 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,63214.6k $94.2k $94.2k 0.00% Added +14.5k +14,465
53 Dynamic Technology Lab Private Ltd 0.01% of their portfolio SINGAPORE, U0 13,34113.3k $86.0k $86.0k 0.01% New
54 Black Maple Capital Management LP 0.07% of their portfolio MILWAUKEE, WI 12,27312.3k $79.0k $79.0k 0.07% New
55 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 11,73411.7k $76.0k $76.0k 0.01% Reduced -86.9k -86,915
56 JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio Cincinnati, OH 10,45010.4k $67.3k $67.3k 0.00% Unchanged
57 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 8,5328.5k $54.9k $54.9k 0.00% Added +1.7k +1,690
58 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 8,0628.1k $51.9k $51.9k 0.00% Unchanged
59 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 6,1326.1k $39.5k $39.5k 0.00% New
60 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 4,6974.7k $30.2k $30.2k 0.00% Reduced -99.9k -99,877
61 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,3724.4k $28.2k $28.2k 0.00% Added +3 +3
62 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,4283.4k $22.0k $22.0k 0.00% New
63 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,1423.1k $20.2k $20.2k 0.00% Added +142 +142
64 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 2,6652.7k $17.2k $17.2k 0.00% Added +77 +77
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 1,7601.8k $11.3k $11.3k 0.00% Unchanged
66 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,2271.2k $7.9k $7.9k 0.00% Added +844 +844
67 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1011.1k $7.1k $7.1k 0.00% Unchanged
68 COMERICA BANK 0.00% of their portfolio DALLAS, TX 950950 $6.1k $6.1k 0.00% New
69 Ameliora Wealth Management Ltd. 0.00% of their portfolio ZURICH, V8 829829 $5.3k $5.3k 0.00% Unchanged
70 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 800800 $5.2k $5.2k 0.00% Unchanged
71 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 167167 $1.1k $1.1k 0.00% Unchanged
72 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3131 $204 $204 0.00% Added +1 +1
73 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged