QAD Inc. Class B
QADB
QADB was delisted on the 4th of November, 2021.
21 hedge funds and large institutions have $8.94M invested in QAD Inc. Class B in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
5% less funds holding
Funds holding: 22 → 21 (-1)
12% less capital invested
Capital invested by funds: $10.2M → $8.94M (-$1.27M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TM
Tikvah Management
Charlotte,
North Carolina
|
+$91.5K |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$45K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$9.93K |
| 4 |
JIC
Joel Isaacson & Co
New York
|
+$8.37K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$217K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$184K |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$12.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.2K |
QADB Hedge Fund Activity: Q1 2016 in Review
21 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. Class B (QADB) for Q1 2016, worth a combined $8.94M — down 12% from $10.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of QADB and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.
The largest buyer was Tikvah Management, adding an estimated $91.5K. The largest seller was Nantahala Capital Management, cutting an estimated $217K.
- 21 institutional investors held QAD Inc. Class B (QADB) as of Q1 2016, down from 22 in Q4 2015.
- Funds reported $8.94M of QAD Inc. Class B stock for Q1 2016, down 12% quarter-over-quarter.
- 2 funds opened new QAD Inc. Class B positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest QAD Inc. Class B buyer in Q1 2016 was Tikvah Management, an estimated $91.5K added.
- The largest QAD Inc. Class B seller in Q1 2016 was Nantahala Capital Management, an estimated $217K sold.
Based on aggregated 13F filings for Q1 2016.