XBP Global Holdings
XBP on Nasdaq. Market value $36m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
1 long-term investor we follow owns it, unchanged from 1 last quarter. 27 funds in all.
- Gates Capital ManagementJeff Gates
- Value
- $7m
- Share of fund
- 0.2%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Gates Capital ManagementJeff Gates | $7m | 0.2% |
Largest holders overall
- Gates Capital Management$7m
- Cantor Fitzgerald, L. P.$4mAdded
- HoldCo Asset Management, LP$2m
- BlackRock$409,911
- Allianz Asset Management GmbH$391,502
- Vanguard Capital Management$295,529
- Bank of America$291,578Cut
- Geode Capital Management$287,766Cut
- BRC Group Holdings$170,884
- Vanguard Fiduciary Trust$135,019
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
8 investors own more than 5%.
- BTC International Holdings, Inc.at least 61.6%(filed with 4 related holders)Since 25 March 2025
What they said
Item 4 is hereby amended by the addition of the following: Pursuant to the MIPA, the Share Consideration was issued to Exela in exchange for the Purchased Interests. Exela subsequently transferred the Share Consideration to GP 3XCV. Pursuant to the Irrevocable Proxy and…
Read the filing - at least 27.2%(filed with 3 related holders)Since 29 July 2025
What they said
On March 3, 2025, Exela Technologies BPA, LLC and certain of its subsidiaries and affiliates (collectively, the "Debtors") commenced voluntary cases under Chapter 11 of Title 11 of the United States Code ss.ss. 101-1532 (the "Chapter 11 Cases") in the United States Bankruptcy…
Read the filing - Par ChadhaInsider or founderat least 25.9%−3.0 pts(filed with 3 related holders)Since 15 September 2026
What they said
Item 4 is hereby amended and supplemented with the information in Item 3 responsive hereto, which is incorporated by reference herein.
Read the filing - Marc Lasryat least 12.8%+7.2 pts(filed with 11 related holders)Since 15 September 2026
What they said
Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following thereto: The Private Placement On September 11, 2026, the Issuer entered into securities purchase agreements (each, a "Purchase Agreement") with certain accredited investors (the "Purchasers"),…
Read the filing - at least 10.3%(filed with 4 related holders)Since 29 July 2025
What they said
The Restructuring On March 3, 2025, Exela Technologies BPA, LLC and certain of its subsidiaries and affiliates (collectively, the "Debtors") commenced voluntary cases under Chapter 11 of Title 11 of the United States Code 101-1532 (the "Chapter 11 Cases") in the United States…
Read the filing - Cantor Fitzgerald, L.P.Passive investorat least 7.2%+0.4 pts(filed with 5 related holders)Since 15 September 2025
What they said
Item 4 is hereby amended and supplemented with the following: The Private Placement On September 11, 2026, the Issuer entered into securities purchase agreements (each, a "Purchase Agreement") with certain accredited investors (the "Purchasers"), for the sale by the Issuer in a…
Read the filing - HoldCo Asset Management, LPPassive investorat least 6.7%(filed with 5 related holders)Since 29 July 2025
What they said
On March 3, 2025, Exela Technologies BPA, LLC ("Exela BPA") and certain of its subsidiaries and affiliates (together with Exela BPA, the "Debtors") commenced voluntary cases under Chapter 11 of Title 11 of the United States Code ss.ss. 101-1532 (the "Chapter 11 Cases") in the…
Read the filing - CFAC Holdings VIII, LLC.5.5%Since 6 October 2025
What they said
Item 4 is hereby amended and supplemented with the following: Completion of Howard W. Lutnick Divestiture In accordance with the transactions detailed below, Mr. Howard W. Lutnick, the U.S. Secretary of Commerce, has completed his previously announced divestiture of his holdings…
Read the filing - LUTNICK HOWARD WSold down below 5%Since 6 October 2025
What they said
Item 4 is hereby amended and supplemented with the following: Completion of Howard W. Lutnick Divestiture Mr. Howard W. Lutnick, the U.S. Secretary of Commerce and in his capacity as trustee of a trust, has completed his previously announced divestiture of his holdings in Cantor…
Read the filing
| Holder | Stake | Since | |
|---|---|---|---|
BTC International Holdings, Inc. | at least 61.6% (filed with 4 related holders) | 25 March 2025 | What they saidItem 4 is hereby amended by the addition of the following: Pursuant to the MIPA, the Share Consideration was issued to Exela in exchange for the Purchased Interests. Exela subsequently transferred the Share Consideration to GP 3XCV. Pursuant to the Irrevocable Proxy and… Read the filing |
at least 27.2% (filed with 3 related holders) | 29 July 2025 | What they saidOn March 3, 2025, Exela Technologies BPA, LLC and certain of its subsidiaries and affiliates (collectively, the "Debtors") commenced voluntary cases under Chapter 11 of Title 11 of the United States Code ss.ss. 101-1532 (the "Chapter 11 Cases") in the United States Bankruptcy… Read the filing | |
Par Chadha Insider or founder | at least 25.9%−3.0 pts (filed with 3 related holders) | 15 September 2026 | What they saidItem 4 is hereby amended and supplemented with the information in Item 3 responsive hereto, which is incorporated by reference herein. Read the filing |
Marc Lasry | at least 12.8%+7.2 pts (filed with 11 related holders) | 15 September 2026 | What they saidItem 4 of the Schedule 13D is hereby amended and supplemented by adding the following thereto: The Private Placement On September 11, 2026, the Issuer entered into securities purchase agreements (each, a "Purchase Agreement") with certain accredited investors (the "Purchasers"),… Read the filing |
at least 10.3% (filed with 4 related holders) | 29 July 2025 | What they saidThe Restructuring On March 3, 2025, Exela Technologies BPA, LLC and certain of its subsidiaries and affiliates (collectively, the "Debtors") commenced voluntary cases under Chapter 11 of Title 11 of the United States Code 101-1532 (the "Chapter 11 Cases") in the United States… Read the filing | |
Cantor Fitzgerald, L.P. Passive investor | at least 7.2%+0.4 pts (filed with 5 related holders) | 15 September 2025 | What they saidItem 4 is hereby amended and supplemented with the following: The Private Placement On September 11, 2026, the Issuer entered into securities purchase agreements (each, a "Purchase Agreement") with certain accredited investors (the "Purchasers"), for the sale by the Issuer in a… Read the filing |
HoldCo Asset Management, LP Passive investor | at least 6.7% (filed with 5 related holders) | 29 July 2025 | What they saidOn March 3, 2025, Exela Technologies BPA, LLC ("Exela BPA") and certain of its subsidiaries and affiliates (together with Exela BPA, the "Debtors") commenced voluntary cases under Chapter 11 of Title 11 of the United States Code ss.ss. 101-1532 (the "Chapter 11 Cases") in the… Read the filing |
CFAC Holdings VIII, LLC. | 5.5% | 6 October 2025 | What they saidItem 4 is hereby amended and supplemented with the following: Completion of Howard W. Lutnick Divestiture In accordance with the transactions detailed below, Mr. Howard W. Lutnick, the U.S. Secretary of Commerce, has completed his previously announced divestiture of his holdings… Read the filing |
LUTNICK HOWARD W | Sold down below 5% | 6 October 2025 | What they saidItem 4 is hereby amended and supplemented with the following: Completion of Howard W. Lutnick Divestiture Mr. Howard W. Lutnick, the U.S. Secretary of Commerce and in his capacity as trustee of a trust, has completed his previously announced divestiture of his holdings in Cantor… Read the filing |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 4 insiders bought $755,140 of shares on the open market.
- CHADHA PARDirectorBought
- Date
- 15 September 2026
- Shares
- 204,946
- Price
- $2.83
- Value
- $579,997
- Avramovic DejanChief Financial OfficerBought
- Date
- 15 September 2026
- Shares
- 8,833
- Price
- $2.83
- Value
- $24,997
- Jonovic AndrejChief Executive Officer, DirectorBought
- Date
- 15 September 2026
- Shares
- 31,500
- Price
- $2.83
- Value
- $89,145
- Klein Randal TDirectorBought
- Date
- 19 May 2026
- Shares
- 25,000
- Price
- $2.44
- Value
- $61,000
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 15 September 2026 | CHADHA PAR Director | Bought | 204,946 | $2.83 | $579,997 |
| 15 September 2026 | Avramovic Dejan Chief Financial Officer | Bought | 8,833 | $2.83 | $24,997 |
| 15 September 2026 | Jonovic Andrej Chief Executive Officer, Director | Bought | 31,500 | $2.83 | $89,145 |
| 19 May 2026 | Klein Randal T Director | Bought | 25,000 | $2.44 | $61,000 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.