QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
127 hedge funds and large institutions have $834M invested in QAD Inc. in 2021 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 39 increasing their positions, 39 reducing their positions, and 35 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
0% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 39
5% less funds holding
Funds holding: 133 → 127 (-6)
6% less capital invested
Capital invested by funds: $883M → $834M (-$49.6M)
17% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 35
78% less call options, than puts
Call options by funds: $2.05M | Put options by funds: $9.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$57.8M |
| 2 |
Millennium Management
New York
|
+$39.6M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$19.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$13.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$63.4M |
| 2 |
Renaissance Technologies
New York
|
-$37.8M |
| 3 |
TM
Tikvah Management
Charlotte,
North Carolina
|
-$35.2M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$27.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$16.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIP
151
Cornerstone Investment Partners
Atlanta,
Georgia
| – | -$261K | -3,005 | Closed |
|
152
Stifel Financial
St. Louis,
Missouri
| – | -$249K | -2,866 | Closed |
|
|
VF
153
Virtu Financial
New York
| – | -$244K | -2,808 | Closed |
|
|
ZCM
154
Zebra Capital Management
Stamford,
Connecticut
| – | -$210K | -2,416 | Closed |
|
155
Squarepoint
New York
| – | -$208K | -2,389 | Closed |
|
|
PAM
156
Panagora Asset Management
Boston,
Massachusetts
| – | -$188K | -2,161 | Closed |
|
157
Amundi
Paris,
France
| – | -$82K | -947 | Closed |
|
|
FC
158
FORA Capital
Miami,
Florida
| – | -$82K | -941 | Closed |
|
|
AS
159
Altshuler Shaham
Tel Aviv,
Israel
| – | -$79K | -913 | Closed |
|
|
APA
160
American Portfolios Advisors
Holbrook,
New York
| – | -$39.6K | -455 | Closed |
|
|
PHK
161
Point72 Hong Kong
Hong Kong
| – | -$18K | -210 | Closed |
|
QADA Hedge Fund Activity: Q3 2021 in Review
127 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q3 2021, worth a combined $834M — down 5.6% from $883M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of QADA and 29 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 39 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $57.8M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $63.4M sold.
- 127 institutional investors held QAD Inc. (QADA) as of Q3 2021, down from 133 in Q2 2021.
- Funds reported $834M of QAD Inc. stock for Q3 2021, down 5.6% quarter-over-quarter.
- 29 funds opened new QAD Inc. positions in Q3 2021 and 35 closed out, a net change of -6 holders.
- The largest QAD Inc. buyer in Q3 2021 was Glazer Capital LLC, an estimated $57.8M added.
- The largest QAD Inc. seller in Q3 2021 was Capital Research Global Investors, an estimated $63.4M sold.
Based on aggregated 13F filings for Q3 2021.