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 Sep25 Review: Shift (3697) In, Citizen Watch (7762) Out. Kokusai Misses

[Quiddity Index] The Sony Financial Spinoff - What To Do?

[Quiddity Index] Nikkei 225 Sep25 Rebal: Final Liquidity Rankings

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/shift-inc" target="_blank" data-smartkarma-citation="entities:7266:1" rel="noopener">Shift Inc (3697 JP)</a> runs a software quality assurance testing business. 400% revenue growth in 5 years, but this year to Aug25 is "only" 17.5% according to Q3 results guidance.</li>
<li>It was a "growth stock" for a long while, and large long-only growth investors flocked to the name. In the past several months many have exited. </li>
<li>The stock will be included in the Nikkei 225 Average next Tuesday. The supply/demand dynamics here to there are interesting. Afterwards they may be more interesting.</li>
</ul>



Shift Inc (3697 JP) runs a software quality assurance testing business. 400% revenue growth in 5 years, but this year to Aug25 is "only" 17.5% according to Q3 results guidance.
It was a "growth stock" for a long while, and large long-only growth investors flocked to the name. In the past several months many have exited. 
The stock will be included in the Nikkei 225 Average next Tuesday. The supply/demand dynamics here to there are interesting. Afterwards they may be more interesting.


Shift (3697 JP) - Short-Selling into Nikkei 225 Inclusion = Crowded Register Dynamic = Squeezy