Quad
QUAD
111 hedge funds and large institutions have $526M invested in Quad in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
26% more call options, than puts
Call options by funds: $1.71M | Put options by funds: $1.35M
5% more funds holding
Funds holding: 106 → 111 (+5)
0% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 36
3.83% less ownership
Funds ownership: 70.35% → 66.52% (-3.8%)
19% less capital invested
Capital invested by funds: $648M → $526M (-$121M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$7.75M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$4.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.06M |
| 4 |
Two Sigma Investments
New York
|
+$3.19M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.2M |
| 2 |
GXMC
Global X Management Company
New York
|
-$7.02M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.52M |
| 4 |
ERM
Elm Ridge Management
Briarcliff Manor,
New York
|
-$5.78M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.81M |
QUAD Hedge Fund Activity: Q1 2014 in Review
111 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Quad (QUAD) for Q1 2014, worth a combined $526M — down 19% from $648M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new QUAD positions and 13 closed out — a net gain of 6 holders — while 36 added to existing stakes and 36 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $7.75M. The largest seller was Fidelity Investments, cutting an estimated $32.2M.
- 111 institutional investors held Quad (QUAD) as of Q1 2014, up from 106 in Q4 2013.
- Funds reported $526M of Quad stock for Q1 2014, down 19% quarter-over-quarter.
- 19 funds opened new Quad positions in Q1 2014 and 13 closed out, a net change of +6 holders.
- The largest Quad buyer in Q1 2014 was Advisors Asset Management, an estimated $7.75M added.
- The largest Quad seller in Q1 2014 was Fidelity Investments, an estimated $32.2M sold.
Based on aggregated 13F filings for Q1 2014.