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 Predictions for the Major Global Index Rebal in Feb 2026

[Quiddity Index] Final Flows for the Major Global Index Rebal in Feb26: US$29bn One-Way

TOPIX Inclusions: Who Is Ready (Jan 2026)

Quiddity Advisors

Equity Capital Markets

<ul>
<li>Last month, <a href="https://www.smartkarma.com/entities/shimizu-corp" target="_blank" data-smartkarma-citation="entities:8530:1" rel="noopener">Shimizu Corp (1803 JP)</a> was included in the M _ _ _ Standard Index on 27 February. We had it in our QIPS months ago and <a href="https://www.smartkarma.com/insights/quiddity-index-final-flows-for-the-major-global-index-rebal-in-feb26-us-29bn-one-way" target="_blank" rel="noopener">published</a> mid-month.</li>
<li>We called it a sell/short when momentum turned (size determines that). It turned just after the inclusion. We had commented generically that more cross-holding sales were coming. </li>
<li>Now a few large financial institutions are selling a total of 14.1mm shares. Some are clearing out. More will clear out later (banks have 2-3x that). Oof!</li>
</ul>


Last month, Shimizu Corp (1803 JP) was included in the M _ _ _ Standard Index on 27 February. We had it in our QIPS months ago and published mid-month.
We called it a sell/short when momentum turned (size determines that). It turned just after the inclusion. We had commented generically that more cross-holding sales were coming. 
Now a few large financial institutions are selling a total of 14.1mm shares. Some are clearing out. More will clear out later (banks have 2-3x that). Oof!


[Japan Offering] Shimizu (1803) New Feb Global Index Entrant Sees March Crossholder Selloff