QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
97 hedge funds and large institutions have $652M invested in QAD Inc. in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 40 reducing their positions, and 11 closing their positions.
112% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $569K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
54% more capital invested
Capital invested by funds: $425M → $652M (+$228M)
1.45% more ownership
Funds ownership: 57.93% → 59.39% (+1.5%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 98 → 97 (-1)
18% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.44M |
| 2 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$5.45M |
| 3 |
AC
AltraVue Capital
Bellevue,
Washington
|
+$3.9M |
| 4 |
Morgan Stanley
New York
|
+$2.72M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Harspring Capital Management
New York
|
-$2.78M |
| 2 |
Renaissance Technologies
New York
|
-$2.59M |
| 3 |
BlackRock
New York
|
-$2.32M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.85M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.63M |
QADA Hedge Fund Activity: Q4 2020 in Review
97 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q4 2020, worth a combined $652M — up 54% from $425M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of QADA and 10 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 33 added.
The largest buyer was Bank of Montreal, adding an estimated $9.44M. The largest seller was Harspring Capital Management, cutting an estimated $2.78M.
- 97 institutional investors held QAD Inc. (QADA) as of Q4 2020, down from 98 in Q3 2020.
- Funds reported $652M of QAD Inc. stock for Q4 2020, up 54% quarter-over-quarter.
- 10 funds opened new QAD Inc. positions in Q4 2020 and 11 closed out, a net change of -1 holder.
- The largest QAD Inc. buyer in Q4 2020 was Bank of Montreal, an estimated $9.44M added.
- The largest QAD Inc. seller in Q4 2020 was Harspring Capital Management, an estimated $2.78M sold.
Based on aggregated 13F filings for Q4 2020.