Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with 10+ years experience in fundamental and event-driven research.

On Smartkarma, I mainly publish insights on index flow events. This includes predicting regular and intra-review index changes and formulating market-neutral trading strategies based on flow catalysts. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Index Rebal/Special Situations

Quiddity ASX Mar26 Results: 43 Changes; Some Surprises; US$1.34bn Total One-Way Flows

Quiddity T50/100/TDIV Mar26 Results: 100% Hit Rate; US$1.7bn+ Total One-Way Flows

TOPIX Inclusions: Who Is Ready (Mar 2026)

Quiddity Predictions for the Major Global Index Rebal in Feb 2026

Quiddity STAR 50/100 Mar26 Results: 6/6 STAR 50 Changes Correctly Predicted; Some STAR 100 Surprises

TOPIX Index Upweights: An Early Preview Of "The Big April Basket" 2026; US$1bn+ Index Flows Possible

Quiddity JPX-Nikkei 400 Rebal 2026: End-Feb 2026 Ranks

Quiddity Leaderboard TDIV Mar26: One Delete; ~10x ADV to Sell

Quiddity Advisors

Pan-Asia Catalysts/Events

Index Rebalance

<ul>
<li>In the TOPIX Index, some "low liquidity" names carry a liquidity factor of 0.75x resulting in their actual index weights being smaller than their default weights.</li>
<li>These names are reviewed every April and if the liquidity factor of a stock gets removed, the stock will see index inflows from passive trackers of TOPIX.</li>
<li>In this insight, we take a look at Quiddity's final predictions for the names that are likely to see their Liquidity Factors removed in April 2026 and their flow implications.</li>
</ul>


In the TOPIX Index, some "low liquidity" names carry a liquidity factor of 0.75x resulting in their actual index weights being smaller than their default weights.
These names are reviewed every April and if the liquidity factor of a stock gets removed, the stock will see index inflows from passive trackers of TOPIX.
In this insight, we take a look at Quiddity's final predictions for the names that are likely to see their Liquidity Factors removed in April 2026 and their flow implications.


TOPIX Index Upweights: Final Expectations For "The Big April Basket" 2026

Sony Financial Group

TOPIX Index Upweights: Final Expectations For "The Big April Basket" 2026