Equal-WT
WhaleScore 2.0
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QVT Financial is based out of New York. QVT Financial is a hedge fund with 13 clients and discretionary assets under management (AUM) of $2,140,123,494 (Form ADV from 2024-03-29). Their last reported 13F filing for Q3 2024 included $1,162,022,113 in managed 13F securities
and a top 10 holdings concentration of 88.36%. QVT Financial's largest holding is Roivant Sciences Ltd with shares held of 65,793,779. Whalewisdom has at least 87 13F filings, 80 13D filings, 643 13G filings, and 26 Form 4 filings
Business Description
QVT Financial LP, a Delaware limited partnership with offices in New York, was formed on June 18, 2003. The principal owners are QVT Financial GP LLC, Daniel Gold, Nicholas Brumm, Arthur Chu and Tracy Fu (Messrs. Gold, Brumm, Chu and Fu together, the “Managing Members”).
The advisory firm offers a variety of services, including general descriptions of the firm, descriptions of advisory services, availability of customized services for individual clients, wrap fee programs, and assets under management.
Investment Strategy
The Adviser pursues a strategy of appointing or electing its personnel to board, management, or consulting positions at portfolio companies. This strategy aims to strategically enhance the influence or controlling power of the investments made by the Private Funds and/or the overall profitability of the portfolio company investment. However, the Adviser acknowledges the inherent risks and conflicts associated with this approach.
The Adviser may also engage in other investment strategies, such as accelerated liquidation of investment positions, avoidance of securities in specific countries or industries, allocation in accordance with original investment allocation for follow-on investments, and assessment of administrative burden relative to the size of the client.
Owners
- QVT FINANCIAL GP LLC - GENERAL PARTNER
- GOLD, DANIEL, ALLEN - CHIEF EXECUTIVE OFFICER; LIMITED PARTNER
- FU, TRACY, CHUIN - LIMITED PARTNER
- GAT, MICHAEL - GENERAL COUNSEL
- CHU, ARTHUR, PAISHIH - LIMITED PARTNER
- BRUMM, NICHOLAS, DAVID STUPNICK - LIMITED PARTNER
- EISNER, MARGARET, SARAH - CHIEF COMPLIANCE OFFICER
- Kaiser-Pendergrast, Victor, Andrew - CHIEF OPERATING OFFICER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| NE Noble Corp Plc | 0.65% |
| DEBT-INFI INFINERA CORP NOTE 2 (PRN) | 0.46% |
| CMTL Comtech Telecommunic | 0.25% |
| ALLT Allot Ltd | 0.14% |
| DEBT-INFI INFINERA CORP NOTE 3 (PRN) | 0.07% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| MMYT MakeMyTrip Ltd | 1.52% |
| ROIV Roivant Sciences Ltd | 0.98% |
| GS Goldman Sachs Group | 0.25% |
| VTNRQ Vertex Energy Inc (CALL) | 0.04% |
| SLNWF Selina Hospitality P | 0% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| ROIV Roivant Sciences Ltd | 65.34% |
| MP MP Materials Corpora | 5.31% |
| ECO Okeanis Eco Tankers | 3.6% |
| GS Goldman Sachs Group | 2.89% |
| NXST Nexstar Media Group | 2.36% |
2024-09-30
13F Activity
| Market Value | $1.16b, Prior: $1.06b |
| Inflows (Outflows) as % of Total MV | (-1.5919)% |
| New Purchases | 4 stocks |
| Added To | 3 stocks |
| Sold out of | 3 stocks |
| Reduced holdings in | 3 stocks |
| Top 10 Holdings % | 88.36% |
| Turnover %[1] | 18.42% |
| Turnover Alt %[2] | 1.55% |
| Time Held Top 20 | 7.1 quarters |
| Time Held Top 10 | 5.6 quarters |
| Time Held All | 14.51 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
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2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30