QAD Inc. Class B
QADB
QADB was delisted on the 4th of November, 2021.
15 hedge funds and large institutions have $12.9M invested in QAD Inc. Class B in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
18% more capital invested
Capital invested by funds: $11M → $12.9M (+$1.93M)
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$219K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$195K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$150K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.47K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$31 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$8K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$7.58K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TM
1
Tikvah Management
Charlotte,
North Carolina
| $2.86M | – | – | – |
|
2
Dimensional Fund Advisors
Austin,
Texas
| $2.56M | – | – | – |
|
|
3
Vanguard Group
Malvern,
Pennsylvania
| $2.18M | +$150K | +4,816 | +8% |
|
|
CL
4
CSS LLC
Chicago,
Illinois
| $1.99M | -$7.58K | -243 | -0.4% |
|
5
BlackRock
New York
| $941K | – | – | – |
|
6
Geode Capital Management
Boston,
Massachusetts
| $939K | – | – | – |
|
|
AC
7
AltraVue Capital
Bellevue,
Washington
| $752K | – | – | – |
|
8
California Public Employees Retirement System
Sacramento,
California
| $260K | – | – | – |
|
|
ACH
9
ArrowMark Colorado Holdings
Denver,
Colorado
| $234K | +$219K | +7,015 | New |
|
|
BCM
10
Bridgeway Capital Management
Houston,
Texas
| $208K | +$195K | +6,250 | New |
|
11
EARNEST Partners
Atlanta,
Georgia
| $8K | – | – | – |
|
|
12
Bank of America
Charlotte,
North Carolina
| $2K | +$1.47K | +47 | +294% |
|
|
13
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$14K | -511 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$8K | -275 | Closed |
|
|
15
Wells Fargo
San Francisco,
California
| – | +$31 | +1 | +20% |
|
QADB Hedge Fund Activity: Q3 2020 in Review
15 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. Class B (QADB) for Q3 2020, worth a combined $12.9M — up 18% from $11M a quarter earlier.
Fund positioning in QADB was balanced in Q3 2020: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 1 trimmed.
The largest buyer was ArrowMark Colorado Holdings, opening a new position worth an estimated $219K. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $14K sold.
- 15 institutional investors held QAD Inc. Class B (QADB) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $12.9M of QAD Inc. Class B stock for Q3 2020, up 18% quarter-over-quarter.
- 2 funds opened new QAD Inc. Class B positions in Q3 2020 and 2 closed out, a net change of 0 holders.
- The largest QAD Inc. Class B buyer in Q3 2020 was ArrowMark Colorado Holdings, an estimated $219K added.
- The largest QAD Inc. Class B seller in Q3 2020 was Royal Bank of Canada, an estimated $14K sold.
Based on aggregated 13F filings for Q3 2020.