QAD Inc.
QADA
QADA was delisted on the 4th of November, 2021.
133 hedge funds and large institutions have $883M invested in QAD Inc. in 2021 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 31 increasing their positions, 53 reducing their positions, and 8 closing their positions.
338% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 8
28% more capital invested
Capital invested by funds: $688M → $883M (+$195M)
25% more funds holding
Funds holding: 106 → 133 (+27)
14% more call options, than puts
Call options by funds: $1.24M | Put options by funds: $1.09M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
42% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$14.3M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$14M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$9.69M |
| 4 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$8.51M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TM
Tikvah Management
Charlotte,
North Carolina
|
-$28.7M |
| 2 |
BlackRock
New York
|
-$12.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.72M |
| 4 |
RA
Royce & Associates
New York
|
-$7.43M |
| 5 |
RC
Roubaix Capital
Denver,
Colorado
|
-$4.46M |
QADA Hedge Fund Activity: Q2 2021 in Review
133 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q2 2021, worth a combined $883M — up 28% from $688M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new QADA positions and 8 closed out — a net gain of 27 holders — while 31 added to existing stakes and 53 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $14.3M. The largest seller was Tikvah Management, cutting an estimated $28.7M.
- 133 institutional investors held QAD Inc. (QADA) as of Q2 2021, up from 106 in Q1 2021.
- Funds reported $883M of QAD Inc. stock for Q2 2021, up 28% quarter-over-quarter.
- 35 funds opened new QAD Inc. positions in Q2 2021 and 8 closed out, a net change of +27 holders.
- The largest QAD Inc. buyer in Q2 2021 was Water Island Capital, an estimated $14.3M added.
- The largest QAD Inc. seller in Q2 2021 was Tikvah Management, an estimated $28.7M sold.
Based on aggregated 13F filings for Q2 2021.