QLT Inc
QLTI
QLTI was delisted on the 29th of November, 2016.
61 hedge funds and large institutions have $63.8M invested in QLT Inc in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% less funds holding
Funds holding: 68 → 61 (-7)
26% less call options, than puts
Call options by funds: $147K | Put options by funds: $198K
30% less capital invested
Capital invested by funds: $91.6M → $63.8M (-$27.8M)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$3.06M |
| 2 |
BI
BVF Inc
San Francisco,
California
|
+$804K |
| 3 |
JG
Jefferies Group
New York
|
+$340K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$252K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.71M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$1.69M |
| 3 |
LCS
Levin Capital Strategies
New York
|
-$1.06M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$980K |
| 5 |
GI
Greenwood Investments
Boston,
Massachusetts
|
-$804K |
QLTI Hedge Fund Activity: Q1 2016 in Review
61 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in QLT Inc (QLTI) for Q1 2016, worth a combined $63.8M — down 30% from $91.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of QLTI and 3 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 15 added.
The largest buyer was Ancora Advisors, adding an estimated $3.06M. The largest seller was Bank of Montreal, cutting an estimated $3.71M.
- 61 institutional investors held QLT Inc (QLTI) as of Q1 2016, down from 68 in Q4 2015.
- Funds reported $63.8M of QLT Inc stock for Q1 2016, down 30% quarter-over-quarter.
- 3 funds opened new QLT Inc positions in Q1 2016 and 10 closed out, a net change of -7 holders.
- The largest QLT Inc buyer in Q1 2016 was Ancora Advisors, an estimated $3.06M added.
- The largest QLT Inc seller in Q1 2016 was Bank of Montreal, an estimated $3.71M sold.
Based on aggregated 13F filings for Q1 2016.