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 HSIII Dec26/Mar27: Two ADDs/DELs Expected in Mar27, Third Change Possible

Quiddity Leaderboard HSTECH Dec26: New Rules Confirmed with Some Modifications; Latest Expectations

Quiddity Leaderboard PSEi Feb27 Rebal: First Review Under New Methodology; 3 ADDs/DELs Likely

[Quiddity Index] The TOPIX Change in Oct26 - Part III (INs Vs OUTs - Borderlines Are Trading Opps)

[Quiddity Index] The TOPIX Change in Oct26 - Part V (Final Prep)

[Quiddity Index] The TOPIX Change in Oct26 - Part IV (Last Minute Jockeying)

[Japan Offering] Nihon Dengi (1723 JP) Selldown by Banks, the CEO, and One Crossholder

Quiddity Advisors

Index Rebalance

<ul>
<li>Yesterday, the TSE announced the TOPIX review for October 2026. This is a single large announcement covering a massive methodology change.</li>
<li>There are 35 ADDs (we estimated 33, got 32/33 right) and 684 Transitional DELETEs (we estimated 694, got 672/694).</li>
<li>This creates US$69bn of flows in October and $13bn of flows in November. Expect a fair bit of jockeying from today onward.</li>
</ul>


Yesterday, the TSE announced the TOPIX review for October 2026. This is a single large announcement covering a massive methodology change.
There are 35 ADDs (we estimated 33, got 32/33 right) and 684 Transitional DELETEs (we estimated 694, got 672/694).
This creates US$69bn of flows in October and $13bn of flows in November. Expect a fair bit of jockeying from today onward.


[Quiddity Index] The Oct26 TOPIX Rebalance - 35 IN, 684 on a Slow Walk OUT; $69bn to Trade

Hi Lex Corp

[Quiddity Index] The Oct26 TOPIX Rebalance - 35 IN, 684 on a Slow Walk OUT; $69bn to Trade