QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
79 hedge funds and large institutions have $142M invested in QAD Inc. in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 11 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
4% less funds holding
Funds holding: 82 → 79 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
22% less capital invested
Capital invested by funds: $182M → $142M (-$40.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.61M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.55M |
| 3 |
Renaissance Technologies
New York
|
+$1.37M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$1.13M |
| 5 |
Morgan Stanley
New York
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$6.77M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.98M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.74M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$819K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$492K |
QADA Hedge Fund Activity: Q4 2015 in Review
79 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q4 2015, worth a combined $142M — down 22% from $182M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of QADA and 9 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 31 added.
The largest buyer was Royce & Associates, adding an estimated $4.61M. The largest seller was J. Goldman & Co, exiting entirely with an estimated $6.77M sold.
- 79 institutional investors held QAD Inc. (QADA) as of Q4 2015, down from 82 in Q3 2015.
- Funds reported $142M of QAD Inc. stock for Q4 2015, down 22% quarter-over-quarter.
- 9 funds opened new QAD Inc. positions in Q4 2015 and 11 closed out, a net change of -2 holders.
- The largest QAD Inc. buyer in Q4 2015 was Royce & Associates, an estimated $4.61M added.
- The largest QAD Inc. seller in Q4 2015 was J. Goldman & Co, an estimated $6.77M sold.
Based on aggregated 13F filings for Q4 2015.