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, 40 reducing their positions, and 35 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
3% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 40
5% less funds holding
Funds holding: 133 → 127 (-6)
6% less capital invested
Capital invested by funds: $884M → $834M (-$50.5M)
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 |
QADA Hedge Fund Activity: Q3 2021 in Review
127 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. (QADA) for Q3 2021, worth a combined $834M — down 5.7% from $884M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of QADA and 29 opened new positions — a net loss of 6 holders — while 40 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 5.7% 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.