QualTek Services Inc. Class A Common Stock
QTEK
QTEK was delisted on the 1st of June, 2023.
51 hedge funds and large institutions have $91.1M invested in QualTek Services Inc. Class A Common Stock in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 9 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
27% more capital invested
Capital invested by funds: $71.8M → $91.1M (+$19.3M)
13% more funds holding
Funds holding: 45 → 51 (+6)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.44M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$6.63M |
| 3 |
OPU
Omni Partners US
Irvine,
California
|
+$4.45M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
+$4.45M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$8.42M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.92M |
| 3 |
Goldman Sachs
New York
|
-$1.8M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
-$1.48M |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$1.38M |
QTEK Hedge Fund Activity: Q3 2021 in Review
51 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in QualTek Services Inc. Class A Common Stock (QTEK) for Q3 2021, worth a combined $91.1M — up 27% from $71.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new QTEK positions and 9 closed out — a net gain of 6 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $8.44M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $8.42M sold.
- 51 institutional investors held QualTek Services Inc. Class A Common Stock (QTEK) as of Q3 2021, up from 45 in Q2 2021.
- Funds reported $91.1M of QualTek Services Inc. Class A Common Stock stock for Q3 2021, up 27% quarter-over-quarter.
- 15 funds opened new QualTek Services Inc. Class A Common Stock positions in Q3 2021 and 9 closed out, a net change of +6 holders.
- The largest QualTek Services Inc. Class A Common Stock buyer in Q3 2021 was Weiss Asset Management, an estimated $8.44M added.
- The largest QualTek Services Inc. Class A Common Stock seller in Q3 2021 was Beryl Capital Management, an estimated $8.42M sold.
Based on aggregated 13F filings for Q3 2021.