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 Leaderboard ES50: US$1.2bn One-Way in Jun26; 3 ADDs and 3 DELs Likely in Sep26 with a Twist

Quiddity Leaderboard ES50 Sep26: Annual Review Incoming; Two Changes So Far; US$3.8bn+ One-Way

Quiddity Leaderboard ES50 Sep26: 2 ADDs and 2 DELs Likely; Tight Race for the Second ADD

[Quiddity Index] MV US Semiconductor25 Mar26 Results: Two Index Changes; US$2.6bn One-Way

Quiddity Advisors

Index Rebalance

<ul>
<li>There were no name changes but here we take a look at capping flows for the MV US Semiconductor 25 index and the MV US  Semiconductor 10% capped ESG-screened index.</li>
<li>We expect MVSemi25 to trade US$6.7bn and MVSemi10% to trade US$970mm one-way for June 2026. The event is on the 18th at the close.</li>
<li>
<a href="https://www.smartkarma.com/entities/intel-corp" target="_blank" data-smartkarma-citation="entities:16764:1" rel="noopener">Intel Corp (INTC US)</a> and <a href="https://www.smartkarma.com/entities/micron-technology-inc" target="_blank" data-smartkarma-citation="entities:13382:1" rel="noopener">Micron Technology (MU US)</a><em>each</em> have sell flows of US$2.2bn. There is US$4bn of <a href="https://www.smartkarma.com/entities/nvidia-corp" target="_blank" data-smartkarma-citation="entities:5891:1" rel="noopener">NVIDIA Corp (NVDA US)</a> to buy.</li>
</ul>


There were no name changes but here we take a look at capping flows for the MV US Semiconductor 25 index and the MV US  Semiconductor 10% capped ESG-screened index.
We expect MVSemi25 to trade US$6.7bn and MVSemi10% to trade US$970mm one-way for June 2026. The event is on the 18th at the close.

Intel Corp (INTC US) and Micron Technology (MU US)each have sell flows of US$2.2bn. There is US$4bn of NVIDIA Corp (NVDA US) to buy.


TSMC (Taiwan Semiconductor Manufacturing) (TSM US)

TSMC (Taiwan Semiconductor Manufacturing)

[Quiddity Index] MV Semiconductor Indices Jun26 Rebal Results: US$7.7bn One-Way With Capping