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QAD INC
QAD INC. Institutional holdings reported to the SEC.

Institutional Holders (2015Q4)
Portfolio Summary: 22 Institutional holders with a total value of $10,202,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Nantahala Capital Management, LLC 258,737 4,761,000 46.67%
2 DIMENSIONAL FUND ADVISORS LP 80,854 1,491,000 14.61%
3 Tikvah Management LLC 80,445 1,480,000 14.51%
4 VANGUARD GROUP INC 38,006 701,000 6.87%
5 GEODE CAPITAL MANAGEMENT, LLC 34,838 642,000 6.29%
6 BlackRock Institutional Trust Company, N.A. 27,968 515,000 5.05%
7 POTRERO CAPITAL RESEARCH LLC 10,134 186,000 1.82%
8 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 10,000 184,000 1.80%
9 AXA S.A. 5,500 101,000 0.99%
10 UBS Group AG 2,946 54,000 0.53%
11 RUTABAGA CAPITAL MANAGEMENT LLC/MA 1,752 32,000 0.31%
12 BLACKROCK ADVISORS LLC 1,021 19,000 0.19%
13 BlackRock Investment Management, LLC 505 9,000 0.09%
14 LADENBURG THALMANN FINANCIAL SERVICES INC. 378 7,000 0.07%
15 MORGAN STANLEY 307 6,000 0.06%
16 EARNEST PARTNERS LLC 250 5,000 0.05%
17 Tower Research Capital LLC (TRC) 225 4,000 0.04%
18 BlackRock Fund Advisors 244 4,000 0.04%
19 BANK OF MONTREAL /CAN/ 30 1,000 0.01%
20 JPMORGAN CHASE & CO 24 0 0.00%
21 CITIGROUP INC 9 0 0.00%
22 WELLS FARGO & COMPANY/MN 7 0 0.00%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.