QAD Inc. Class B
QADB
QADB was delisted on the 4th of November, 2021.
22 hedge funds and large institutions have $31.1M invested in QAD Inc. Class B in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
5% more funds holding
Funds holding: 21 → 22 (+1)
1.24% less ownership
Funds ownership: 11.88% → 10.64% (-1.2%)
9% less capital invested
Capital invested by funds: $34.1M → $31.1M (-$3.04M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
E
Ergoteles
New York
|
+$5.34M |
| 2 |
OR
Olympiad Research
Stamford,
Connecticut
|
+$1.23M |
| 3 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$788K |
| 4 |
TI
Telemetry Investments
New York
|
+$596K |
| 5 |
Millennium Management
New York
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$5.14M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.12M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$653K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$539K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$116K |
QADB Hedge Fund Activity: Q3 2021 in Review
22 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in QAD Inc. Class B (QADB) for Q3 2021, worth a combined $31.1M — down 8.9% from $34.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new QADB positions and 3 closed out — a net gain of 1 holder — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Ergoteles, opening a new position worth an estimated $5.34M. The largest seller was CSS LLC, cutting an estimated $5.14M.
- 22 institutional investors held QAD Inc. Class B (QADB) as of Q3 2021, up from 21 in Q2 2021.
- Funds reported $31.1M of QAD Inc. Class B stock for Q3 2021, down 8.9% quarter-over-quarter.
- 4 funds opened new QAD Inc. Class B positions in Q3 2021 and 3 closed out, a net change of +1 holder.
- The largest QAD Inc. Class B buyer in Q3 2021 was Ergoteles, an estimated $5.34M added.
- The largest QAD Inc. Class B seller in Q3 2021 was CSS LLC, an estimated $5.14M sold.
Based on aggregated 13F filings for Q3 2021.