QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
110 hedge funds and large institutions have $390M invested in QAD Inc. in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 19 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
14% more capital invested
Capital invested by funds: $343M → $390M (+$46.7M)
8% less funds holding
Funds holding: 119 → 110 (-9)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
47% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 19
79% less call options, than puts
Call options by funds: $318K | Put options by funds: $1.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.6M |
| 2 |
AC
AltraVue Capital
Bellevue,
Washington
|
+$5.98M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.57M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.31M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$7.72M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.31M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$1.74M |
| 5 |
Morgan Stanley
New York
|
-$1.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -145 | Closed |
|
|
RCAG
127
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$2.04K | -52 | Closed |
|
QADA Hedge Fund Activity: Q1 2019 in Review
110 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q1 2019, worth a combined $390M — up 14% from $343M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of QADA and 10 opened new positions — a net loss of 9 holders — while 38 trimmed existing stakes and 44 added.
The largest buyer was Deutsche Bank, adding an estimated $10.6M. The largest seller was Shannon River Fund Management, exiting entirely with an estimated $7.72M sold.
- 110 institutional investors held QAD Inc. (QADA) as of Q1 2019, down from 119 in Q4 2018.
- Funds reported $390M of QAD Inc. stock for Q1 2019, up 14% quarter-over-quarter.
- 10 funds opened new QAD Inc. positions in Q1 2019 and 19 closed out, a net change of -9 holders.
- The largest QAD Inc. buyer in Q1 2019 was Deutsche Bank, an estimated $10.6M added.
- The largest QAD Inc. seller in Q1 2019 was Shannon River Fund Management, an estimated $7.72M sold.
Based on aggregated 13F filings for Q1 2019.