Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

[Quiddity Index] Nikkei 225 Sep26 Rebal Results: 3 ADDs, 3 DELs, No New Rules Impact

[Quiddity Index] Advance Look at March 2027 Nikkei 225 Rebal Predictions - The 3rd DELETE Is Tough

[Quiddity Index] CORRECTION: Advance Look at Mar27 Nikkei 225 Rebal; Info & Comms Rules The Roost

[Quiddity Index] Nikkei 225 Sep26 Rebal - New Rules NOW (Not Later) But 3 ADDs Remain Unchanged

[Quiddity Index] Nikkei 225 Sep26 Rebal - Advantest Capped, Three In/Out Likely, New Rules for Later

[Japan Offering] ARCHION (543A) Prices Today (?) - Big Picture Growth Priced Cheaply

Quiddity Advisors

Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/kokusai-electric-corp" target="_blank" data-smartkarma-citation="entities:40152:1" rel="noopener">Kokusai Electric (6525 JP)</a> saw large selldowns by PE funds and pre-IPO investors such as <a href="https://www.smartkarma.com/entities/applied-materials-inc" target="_blank" data-smartkarma-citation="entities:283:1" rel="noopener">Applied Materials (AMAT US)</a> from last year to this year. Last selldowns in Q2.</li>
<li>There are index events upcoming which will substantially change the shape of the float. There could be another index event, depending on whether the TSE adapts ad hoc.</li>
<li>These events - starting today - have a low flow/ADV count, but that is deceptive. A look at shareholder structure is instructive.</li>
</ul>



Kokusai Electric (6525 JP) saw large selldowns by PE funds and pre-IPO investors such as Applied Materials (AMAT US) from last year to this year. Last selldowns in Q2.
There are index events upcoming which will substantially change the shape of the float. There could be another index event, depending on whether the TSE adapts ad hoc.
These events - starting today - have a low flow/ADV count, but that is deceptive. A look at shareholder structure is instructive.


[Japan Flow] Don't Sleep on Kokusai Elec (6525) Index Flows