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126 hedge funds and large institutions have $217M invested in Quad in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 44 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 44

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.5% less ownership

Funds ownership: 66.31%65.81% (-0.5%)

7% less funds holding

Funds holding: 136126 (-10)

38% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 24

40% less capital invested

Capital invested by funds: $358M → $217M (-$142M)

51% less call options, than puts

Call options by funds: $309K | Put options by funds: $633K

Holders
126
Holders Change
-10
Holders Change %
-7.35%
% of All Funds
3.31%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
15
Increased
49
Reduced
44
Closed
24
Calls
$309K
Puts
$633K
Net Calls
-$324K
Net Calls Change
-$183K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$23.2M +$9.03M +839,373 +51%
Vanguard Group
2
Vanguard Group
Pennsylvania
$16.5M +$458K +42,572 +2%
Wells Fargo
3
Wells Fargo
California
$12.9M +$3.89M +361,261 +35%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$10.9M -$459K -42,655 -4%
ERM
5
Elm Ridge Management
New York
$10.7M +$1.06M +98,856 +9%
BIT
6
BlackRock Institutional Trust
California
$10.3M -$137K -12,771 -1%
Charles Schwab
7
Charles Schwab
California
$8.36M +$3.06M +284,454 +46%
HCCM
8
Herring Creek Capital Management
Connecticut
$8.08M +$3.58M +333,289 +62%
AAM
9
Advisors Asset Management
Colorado
$7.81M -$5.12M -476,363 -36%
BFA
10
BlackRock Fund Advisors
California
$6.32M +$364K +33,812 +5%
Ameriprise
11
Ameriprise
Minnesota
$5.64M +$1.78M +165,038 +37%
LSV Asset Management
12
LSV Asset Management
Illinois
$5.56M -$148K -13,800 -2%
State Street
13
State Street
Massachusetts
$5.05M +$474K +44,072 +9%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$4.89M +$1.8M +167,703 +47%
Renaissance Technologies
15
Renaissance Technologies
New York
$4.37M +$800K +74,400 +19%
NFA
16
Nationwide Fund Advisors
Ohio
$3.12M +$1.12M +104,197 +45%
TC
17
TFS Capital
Pennsylvania
$3M -$2.27M -210,594 -40%
Northern Trust
18
Northern Trust
Illinois
$2.95M +$173K +16,076 +5%
Artisan Partners
19
Artisan Partners
Wisconsin
$2.87M -$642K -59,696 -16%
Prudential Financial
20
Prudential Financial
New Jersey
$2.83M -$446K -41,500 -12%
Goldman Sachs
21
Goldman Sachs
New York
$2.7M +$234K +21,734 +8%
Two Sigma Advisers
22
Two Sigma Advisers
New York
$2.45M +$546K +50,762 +24%
Two Sigma Investments
23
Two Sigma Investments
New York
$2.44M +$1.54M +142,860 +119%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$2.24M +$625K +58,143 +32%
Norges Bank
25
Norges Bank
Norway
$2.23M -$344K -32,000 -12%

QUAD Hedge Fund Activity: Q4 2015 in Review

126 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Quad (QUAD) for Q4 2015, worth a combined $217M — down 40% from $358M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of QUAD and 15 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 49 added.

The largest buyer was JP Morgan Chase, adding an estimated $9.03M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $74.5M sold.

  • 126 institutional investors held Quad (QUAD) as of Q4 2015, down from 136 in Q3 2015.
  • Funds reported $217M of Quad stock for Q4 2015, down 40% quarter-over-quarter.
  • 15 funds opened new Quad positions in Q4 2015 and 24 closed out, a net change of -9 holders.
  • The largest Quad buyer in Q4 2015 was JP Morgan Chase, an estimated $9.03M added.
  • The largest Quad seller in Q4 2015 was Americafirst Capital Management, an estimated $74.5M sold.

Based on aggregated 13F filings for Q4 2015.