PDF Solutions
PDFS
100 hedge funds and large institutions have $246M invested in PDF Solutions in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 27 reducing their positions, and 14 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 27
3.26% less ownership
Funds ownership: 87.91% → 84.65% (-3.3%)
4% less funds holding
Funds holding: 104 → 100 (-4)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less capital invested
Capital invested by funds: $337M → $246M (-$91.1M)
82% less call options, than puts
Call options by funds: $839K | Put options by funds: $4.79M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$10.1M |
| 2 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$3.84M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.35M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.66M |
| 5 |
NIM
Needham Investment Management
New York
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$15.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.34M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$4.68M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$4.63M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.28M |
PDFS Hedge Fund Activity: Q3 2018 in Review
100 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q3 2018, worth a combined $246M — down 27% from $337M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PDFS and 11 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 43 added.
The largest buyer was OppenheimerFunds, adding an estimated $10.1M. The largest seller was Cardinal Capital Management LLC (Connecticut), exiting entirely with an estimated $15.6M sold.
- 100 institutional investors held PDF Solutions (PDFS) as of Q3 2018, down from 104 in Q2 2018.
- Funds reported $246M of PDF Solutions stock for Q3 2018, down 27% quarter-over-quarter.
- 11 funds opened new PDF Solutions positions in Q3 2018 and 14 closed out, a net change of -3 holders.
- The largest PDF Solutions buyer in Q3 2018 was OppenheimerFunds, an estimated $10.1M added.
- The largest PDF Solutions seller in Q3 2018 was Cardinal Capital Management LLC (Connecticut), an estimated $15.6M sold.
Based on aggregated 13F filings for Q3 2018.