QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
98 hedge funds and large institutions have $425M invested in QAD Inc. in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 46 reducing their positions, and 14 closing their positions.
3% more capital invested
Capital invested by funds: $412M → $425M (+$12.9M)
6% less funds holding
Funds holding: 104 → 98 (-6)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
39% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 46
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
76% less call options, than puts
Call options by funds: $295K | Put options by funds: $1.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.5M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.99M |
| 3 |
AC
AltraVue Capital
Bellevue,
Washington
|
+$3.16M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$2.27M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$6.16M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.17M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$3.03M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$1.77M |
| 5 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$1.02M | -24,700 | Closed |
|
|
LSC
102
Lyon Street Capital
Sausalito,
California
| – | -$786K | -19,047 | Closed |
|
|
PC
103
PA Capital
Richmond,
Virginia
| – | -$490K | -11,859 | Closed |
|
|
SRAM
104
Stone Ridge Asset Management
New York
| – | -$299K | -7,250 | Closed |
|
|
ECM
105
ExodusPoint Capital Management
New York
| – | -$280K | -6,772 | Closed |
|
106
SG Americas Securities
New York
| – | -$274K | -6,630 | Closed |
|
107
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$23K | -563 | Closed |
|
|
BCA
108
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1K | -29 | Closed |
|
QADA Hedge Fund Activity: Q3 2020 in Review
98 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q3 2020, worth a combined $425M — up 3.1% from $412M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of QADA and 8 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 28 added.
The largest buyer was BlackRock, adding an estimated $10.5M. The largest seller was Whetstone Capital Advisors, exiting entirely with an estimated $6.16M sold.
- 98 institutional investors held QAD Inc. (QADA) as of Q3 2020, down from 104 in Q2 2020.
- Funds reported $425M of QAD Inc. stock for Q3 2020, up 3.1% quarter-over-quarter.
- 8 funds opened new QAD Inc. positions in Q3 2020 and 14 closed out, a net change of -6 holders.
- The largest QAD Inc. buyer in Q3 2020 was BlackRock, an estimated $10.5M added.
- The largest QAD Inc. seller in Q3 2020 was Whetstone Capital Advisors, an estimated $6.16M sold.
Based on aggregated 13F filings for Q3 2020.