QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
96 hedge funds and large institutions have $400M invested in QAD Inc. in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
8% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 40
4% less funds holding
Funds holding: 100 → 96 (-4)
21% less capital invested
Capital invested by funds: $509M → $400M (-$109M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$9.78M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$4.43M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$2.95M |
| 4 |
HCM
Harspring Capital Management
New York
|
+$2.46M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.9M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$3.64M |
| 3 |
TM
Tikvah Management
Charlotte,
North Carolina
|
-$2.21M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.2M |
| 5 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$1.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
101
Oppenheimer Asset Management
New York
| – | -$3K | -58 | Closed |
|
102
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$142 | +3 | New |
|
|
PFGIA
103
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$189 | +4 | +200% |
|
QADA Hedge Fund Activity: Q1 2020 in Review
96 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q1 2020, worth a combined $400M — down 21% from $509M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of QADA and 7 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 37 added.
The largest buyer was Capital Research Global Investors, adding an estimated $9.78M. The largest seller was Morgan Stanley, cutting an estimated $11.9M.
- 96 institutional investors held QAD Inc. (QADA) as of Q1 2020, down from 100 in Q4 2019.
- Funds reported $400M of QAD Inc. stock for Q1 2020, down 21% quarter-over-quarter.
- 7 funds opened new QAD Inc. positions in Q1 2020 and 9 closed out, a net change of -2 holders.
- The largest QAD Inc. buyer in Q1 2020 was Capital Research Global Investors, an estimated $9.78M added.
- The largest QAD Inc. seller in Q1 2020 was Morgan Stanley, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2020.