QualTek Services Inc. Class A Common Stock
QTEK
QTEK was delisted on the 1st of June, 2023.
18 hedge funds and large institutions have $3.14M invested in QualTek Services Inc. Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
20% more funds holding
Funds holding: 15 → 18 (+3)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
63% less capital invested
Capital invested by funds: $8.55M → $3.14M (-$5.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Friess Associates
Greenville,
Delaware
|
+$829K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$173K |
| 3 |
PPW
PACK Private Wealth
Wayzata,
Minnesota
|
+$48.8K |
| 4 |
BlackRock
New York
|
+$40.3K |
| 5 |
Renaissance Technologies
New York
|
+$34.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$953K |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$915K |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$717K |
| 4 |
ACM
ACT Capital Management
Wayne,
Pennsylvania
|
-$106K |
| 5 |
SW
SkyOak Wealth
Southfield,
Michigan
|
-$106K |
QTEK Hedge Fund Activity: Q2 2022 in Review
18 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in QualTek Services Inc. Class A Common Stock (QTEK) for Q2 2022, worth a combined $3.14M — down 63% from $8.55M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new QTEK positions and 4 closed out — a net gain of 3 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Friess Associates, opening a new position worth an estimated $829K. The largest seller was Millrace Asset Group, exiting entirely with an estimated $953K sold.
- 18 institutional investors held QualTek Services Inc. Class A Common Stock (QTEK) as of Q2 2022, up from 15 in Q1 2022.
- Funds reported $3.14M of QualTek Services Inc. Class A Common Stock stock for Q2 2022, down 63% quarter-over-quarter.
- 7 funds opened new QualTek Services Inc. Class A Common Stock positions in Q2 2022 and 4 closed out, a net change of +3 holders.
- The largest QualTek Services Inc. Class A Common Stock buyer in Q2 2022 was Friess Associates, an estimated $829K added.
- The largest QualTek Services Inc. Class A Common Stock seller in Q2 2022 was Millrace Asset Group, an estimated $953K sold.
Based on aggregated 13F filings for Q2 2022.