We are live on ! Find out more
PDFS icon

PDF Solutions
PDFS

111 hedge funds and large institutions have $394M invested in PDF Solutions in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 20 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

165% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 20

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

6% more funds holding

Funds holding: 105 → 111 (+6)

28% less capital invested

Capital invested by funds: $544M → $394M (-$150M)

50% less funds holding in top 10

Funds holding in top 10: 4 → 2 (-2)

99% less call options, than puts

Call options by funds: $4K | Put options by funds: $317K

Holders
111
Holders Change
+6
Holders Change %
+5.71%
% of All Funds
3.21%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
25
Increased
53
Reduced
20
Closed
17
Calls
$4K
Puts
$317K
Net Calls
-$313K
Net Calls Change
-$510K

Top Buyers

Rank Fund Capital Flow
1
CCMLC
Cardinal Capital Management LLC (Connecticut)
Connecticut
+$11M
2
TCM
TimesSquare Capital Management
New York
+$10M
3
LSC
Lyon Street Capital
California
+$6.9M
4
AIM
Act II Management
New York
+$6.52M
5
WA
Wasatch Advisors
Utah
+$5.62M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$39.9M
2
Invesco
Invesco
Georgia
-$10.3M
3
HH
HWG Holdings
Texas
-$7.56M
4
CM
Castleark Management
Illinois
-$6.27M
5
DCM
Driehaus Capital Management
Illinois
-$4.22M
Name Holding Trade Value Shares
Change 		Change in
Stake
MCM
26
McKinley Capital Management
Alaska
$3.92M +$790K +35,798 +20%
Morgan Stanley
27
Morgan Stanley
New York
$3.79M +$3.26M +147,664 +243%
Arrowstreet Capital
28
Arrowstreet Capital
Massachusetts
$2.89M +$2.93M +132,607 +503%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$2.68M -$74.4K -3,373 -2%
Geode Capital Management
30
Geode Capital Management
Massachusetts
$2.45M +$318K +14,405 +12%
CS
31
Credit Suisse
Switzerland
$2.23M +$2.23M +101,070 +471%
Millennium Management
32
Millennium Management
New York
$2.12M +$2.57M +116,440 New
TC
33
TFS Capital
Pennsylvania
$1.78M -$1.2M -54,534 -36%
TCIM
34
TIAA CREF Investment Management
New York
$1.74M – – –
FPC
35
Falcon Point Capital
California
$1.67M +$1.28M +58,150 +172%
California Public Employees Retirement System
36
California Public Employees Retirement System
California
$1.54M +$35.3K +1,600 +2%
HCS
37
Harvest Capital Strategies
California
$1.36M +$1.66M +75,000 New
BIM
38
BlackRock Investment Management
Delaware
$1.27M +$18.1K +821 +1%
PP
39
PDT Partners
New York
$1.21M +$218K +9,865 +17%
Deutsche Bank
40
Deutsche Bank
Germany
$1.2M +$1.19M +53,821 +441%
Wellington Management Group
41
Wellington Management Group
Massachusetts
$1.17M +$1.42M +64,193 New
GAM
42
Gotham Asset Management
New York
$1.13M +$244K +11,047 +22%
BAM
43
Burnham Asset Management
New York
$1.09M – – –
Charles Schwab
44
Charles Schwab
California
$1.05M +$37.1K +1,680 +3%
NAM
45
NorthCoast Asset Management
Connecticut
$973K +$1.18M +53,539 New
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$827K – – –
Prudential Financial
47
Prudential Financial
New Jersey
$758K +$339K +15,350 +58%
HH
48
HWG Holdings
Texas
$746K -$7.56M -342,558 -89%
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
$735K +$690K +31,253 +341%
Two Sigma Advisers
50
Two Sigma Advisers
New York
$709K -$79.5K -3,600 -8%
1
2
3 4 5

PDFS Hedge Fund Activity: Q1 2014 in Review

111 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q1 2014, worth a combined $394M — down 28% from $544M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new PDFS positions and 17 closed out — a net gain of 8 holders — while 53 added to existing stakes and 20 trimmed.

The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $11M. The largest seller was Fidelity Investments, cutting an estimated $39.9M.

  • 111 institutional investors held PDF Solutions (PDFS) as of Q1 2014, up from 105 in Q4 2013.
  • Funds reported $394M of PDF Solutions stock for Q1 2014, down 28% quarter-over-quarter.
  • 25 funds opened new PDF Solutions positions in Q1 2014 and 17 closed out, a net change of +8 holders.
  • The largest PDF Solutions buyer in Q1 2014 was Cardinal Capital Management LLC (Connecticut), an estimated $11M added.
  • The largest PDF Solutions seller in Q1 2014 was Fidelity Investments, an estimated $39.9M sold.

Based on aggregated 13F filings for Q1 2014.