QAD Inc. Class B
QADB
QADB was delisted on the 4th of November, 2021.
15 hedge funds and large institutions have $11M invested in QAD Inc. Class B in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 1 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
19% more capital invested
Capital invested by funds: $9.26M → $11M (+$1.73M)
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
+$230K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.5K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$8.83K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.54K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$177 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$32.7K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$13.3K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$29 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TM
1
Tikvah Management
Charlotte,
North Carolina
| $2.42M | – | – | – |
|
2
Dimensional Fund Advisors
Austin,
Texas
| $2.3M | – | – | – |
|
|
3
Vanguard Group
Malvern,
Pennsylvania
| $1.85M | -$32.7K | -1,112 | -2% |
|
|
CL
4
CSS LLC
Chicago,
Illinois
| $1.83M | +$8.83K | +300 | +0.5% |
|
5
BlackRock
New York
| $861K | – | – | – |
|
|
6
Geode Capital Management
Boston,
Massachusetts
| $846K | -$13.3K | -452 | -2% |
|
|
AC
7
AltraVue Capital
Bellevue,
Washington
| $635K | – | – | – |
|
|
8
California Public Employees Retirement System
Sacramento,
California
| $234K | +$230K | +7,797 | New |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | +$13.5K | +458 | +864% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $8K | +$5.54K | +188 | +216% |
|
11
EARNEST Partners
Atlanta,
Georgia
| $7K | – | – | – |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$2K | -64 | Closed |
|
|
13
Wells Fargo
San Francisco,
California
| – | -$29 | -1 | -17% |
|
|
14
Bank of America
Charlotte,
North Carolina
| – | +$177 | +6 | +60% |
|
QADB Hedge Fund Activity: Q2 2020 in Review
15 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. Class B (QADB) for Q2 2020, worth a combined $11M — up 19% from $9.26M a quarter earlier.
Fund positioning in QADB was balanced in Q2 2020: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 3 trimmed.
The largest buyer was California Public Employees Retirement System, opening a new position worth an estimated $230K. The largest seller was Vanguard Group, cutting an estimated $32.7K.
- 15 institutional investors held QAD Inc. Class B (QADB) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $11M of QAD Inc. Class B stock for Q2 2020, up 19% quarter-over-quarter.
- 1 fund opened new QAD Inc. Class B positions in Q2 2020 and 1 closed out, a net change of 0 holders.
- The largest QAD Inc. Class B buyer in Q2 2020 was California Public Employees Retirement System, an estimated $230K added.
- The largest QAD Inc. Class B seller in Q2 2020 was Vanguard Group, an estimated $32.7K sold.
Based on aggregated 13F filings for Q2 2020.