Borqs Technologies, Inc. Ordinary Shares
BRQS
BRQS was delisted on the 26th of October, 2023.
9 hedge funds and large institutions have $66.9K invested in Borqs Technologies, Inc. Ordinary Shares in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
31% less funds holding
Funds holding: 13 → 9 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
65% less capital invested
Capital invested by funds: $189K → $66.9K (-$122K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$43.8K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$15.2K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$105K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$22K |
| 3 |
HF
HRT Financial
New York
|
-$9.28K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$8.77K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.56K |
BRQS Hedge Fund Activity: Q2 2023 in Review
9 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Borqs Technologies, Inc. Ordinary Shares (BRQS) for Q2 2023, worth a combined $66.9K — down 65% from $189K a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BRQS and 3 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $43.8K. The largest seller was Millennium Management, exiting entirely with an estimated $105K sold.
- 9 institutional investors held Borqs Technologies, Inc. Ordinary Shares (BRQS) as of Q2 2023, down from 13 in Q1 2023.
- Funds reported $66.9K of Borqs Technologies, Inc. Ordinary Shares stock for Q2 2023, down 65% quarter-over-quarter.
- 3 funds opened new Borqs Technologies, Inc. Ordinary Shares positions in Q2 2023 and 7 closed out, a net change of -4 holders.
- The largest Borqs Technologies, Inc. Ordinary Shares buyer in Q2 2023 was Virtu Financial, an estimated $43.8K added.
- The largest Borqs Technologies, Inc. Ordinary Shares seller in Q2 2023 was Millennium Management, an estimated $105K sold.
Based on aggregated 13F filings for Q2 2023.