QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
98 hedge funds and large institutions have $358M invested in QAD Inc. in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 27 reducing their positions, and 25 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 27
6% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $1M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less capital invested
Capital invested by funds: $390M → $358M (-$32M)
11% less funds holding
Funds holding: 110 → 98 (-12)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cowbird Capital
New York
|
+$10.7M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$6.9M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$5.28M |
| 4 |
AC
AltraVue Capital
Bellevue,
Washington
|
+$5.16M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$5.64M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.64M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.33M |
| 4 |
BAMCO Inc
New York
|
-$3.23M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$2.93M |
QADA Hedge Fund Activity: Q2 2019 in Review
98 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q2 2019, worth a combined $358M — down 8.2% from $390M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of QADA and 15 opened new positions — a net loss of 10 holders — while 27 trimmed existing stakes and 36 added.
The largest buyer was Cowbird Capital, opening a new position worth an estimated $10.7M. The largest seller was Russell Investments Group, cutting an estimated $5.64M.
- 98 institutional investors held QAD Inc. (QADA) as of Q2 2019, down from 110 in Q1 2019.
- Funds reported $358M of QAD Inc. stock for Q2 2019, down 8.2% quarter-over-quarter.
- 15 funds opened new QAD Inc. positions in Q2 2019 and 25 closed out, a net change of -10 holders.
- The largest QAD Inc. buyer in Q2 2019 was Cowbird Capital, an estimated $10.7M added.
- The largest QAD Inc. seller in Q2 2019 was Russell Investments Group, an estimated $5.64M sold.
Based on aggregated 13F filings for Q2 2019.