PDF Solutions
PDFS
93 hedge funds and large institutions have $336M invested in PDF Solutions in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 29 reducing their positions, and 24 closing their positions.
104% more call options, than puts
Call options by funds: $286K | Put options by funds: $140K
34% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 29
16% more capital invested
Capital invested by funds: $290M → $336M (+$46.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less funds holding
Funds holding: 106 → 93 (-13)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$7.78M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.68M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.58M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.4M |
| 5 |
Bank of New York Mellon
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$12.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.73M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$3.32M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.01M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$2.42M |
PDFS Hedge Fund Activity: Q4 2014 in Review
93 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q4 2014, worth a combined $336M — up 16% from $290M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PDFS and 13 opened new positions — a net loss of 11 holders — while 29 trimmed existing stakes and 39 added.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $7.78M. The largest seller was Raging Capital Management, exiting entirely with an estimated $12.5M sold.
- 93 institutional investors held PDF Solutions (PDFS) as of Q4 2014, down from 106 in Q3 2014.
- Funds reported $336M of PDF Solutions stock for Q4 2014, up 16% quarter-over-quarter.
- 13 funds opened new PDF Solutions positions in Q4 2014 and 24 closed out, a net change of -11 holders.
- The largest PDF Solutions buyer in Q4 2014 was Cardinal Capital Management LLC (Connecticut), an estimated $7.78M added.
- The largest PDF Solutions seller in Q4 2014 was Raging Capital Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q4 2014.