Borqs Technologies, Inc. Ordinary Shares
BRQS
BRQS was delisted on the 26th of October, 2023.
7 hedge funds and large institutions have $25M invested in Borqs Technologies, Inc. Ordinary Shares in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% less funds holding
Funds holding: 12 → 7 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
86% less capital invested
Capital invested by funds: $182M → $25M (-$157M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVPX
Norwest Venture Partners X
Palo Alto,
California
|
+$25.5M |
| 2 |
QI
Qualcomm Inc
San Diego,
California
|
+$6.87M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$318K |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$79K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$151M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.99M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.81M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.83M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.67M |
BRQS Hedge Fund Activity: Q3 2017 in Review
7 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Borqs Technologies, Inc. Ordinary Shares (BRQS) for Q3 2017, worth a combined $25M — down 86% from $182M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BRQS and 5 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Norwest Venture Partners X, opening a new position worth an estimated $25.5M. The largest seller was W.R. Berkley Corp, exiting entirely with an estimated $151M sold.
- 7 institutional investors held Borqs Technologies, Inc. Ordinary Shares (BRQS) as of Q3 2017, down from 12 in Q2 2017.
- Funds reported $25M of Borqs Technologies, Inc. Ordinary Shares stock for Q3 2017, down 86% quarter-over-quarter.
- 5 funds opened new Borqs Technologies, Inc. Ordinary Shares positions in Q3 2017 and 10 closed out, a net change of -5 holders.
- The largest Borqs Technologies, Inc. Ordinary Shares buyer in Q3 2017 was Norwest Venture Partners X, an estimated $25.5M added.
- The largest Borqs Technologies, Inc. Ordinary Shares seller in Q3 2017 was W.R. Berkley Corp, an estimated $151M sold.
Based on aggregated 13F filings for Q3 2017.