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PDF Solutions

102 hedge funds and large institutions have $324M invested in PDF Solutions in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 50 increasing their positions, 27 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 27

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.22% less ownership

Funds ownership: 93.35%86.13% (-7.2%)

12% less funds holding

Funds holding: 116102 (-14)

31% less capital invested

Capital invested by funds: $468M → $324M (-$144M)

74% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 19

Holders
102
Holders Change
-14
Holders Change %
-12.07%
% of All Funds
2.34%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
5
Increased
50
Reduced
27
Closed
19
Calls
$122K
Puts
Net Calls
+$122K
Net Calls Change
-$1.25M
Name Holding Trade Value Shares
Change
Change in
Stake
State of Wisconsin Investment Board
51
State of Wisconsin Investment Board
Wisconsin
$408K -$2.56M -192,478 -85%
Bank of America
52
Bank of America
North Carolina
$404K +$86.5K +6,510 +23%
KeyBank National Association
53
KeyBank National Association
Ohio
$352K -$106 -8 -0%
Wells Fargo
54
Wells Fargo
California
$344K -$124K -9,303 -24%
New York State Common Retirement Fund
55
New York State Common Retirement Fund
New York
$343K -$311K -23,396 -44%
Brown Advisory
56
Brown Advisory
Maryland
$326K +$112K +8,460 +43%
Comerica Bank
57
Comerica Bank
Texas
$325K +$6.18K +465 +2%
FPC
58
Falcon Point Capital
California
$321K -$6.32M -475,496 -95%
SM
59
Senvest Management
New York
$297K
GCP
60
GSA Capital Partners
United Kingdom
$287K +$66.9K +5,030 +26%
M&T Bank
61
M&T Bank
New York
$277K +$39.6K +2,981 +14%
UBS AM
62
UBS AM
Illinois
$261K +$154K +11,600 +107%
Manulife (Manufacturers Life Insurance)
63
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$260K +$5.16K +388 +2%
State of Tennessee, Department of Treasury
64
State of Tennessee, Department of Treasury
Tennessee
$234K -$28K -2,105 -10%
PPA
65
Parametric Portfolio Associates
Washington
$218K -$2.11M -158,691 -89%
TPSF
66
Texas Permanent School Fund
Texas
$212K -$5.09K -383 -2%
AIG
67
American International Group
New York
$208K -$57.1K -4,295 -19%
Thrivent Financial for Lutherans
68
Thrivent Financial for Lutherans
Minnesota
$207K +$7.11K +535 +3%
Public Sector Pension Investment Board (PSP Investments)
69
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$204K
AG
70
Aperio Group
California
$185K +$27.4K +2,065 +15%
State Board of Administration of Florida Retirement System
71
State Board of Administration of Florida Retirement System
Florida
$169K
MIM
72
MetLife Investment Management
New Jersey
$159K
VOYA Investment Management
73
VOYA Investment Management
Georgia
$157K
AllianceBernstein
74
AllianceBernstein
Tennessee
$154K +$31.9K +2,400 +22%
LSERS
75
Louisiana State Employees Retirement System
Louisiana
$142K +$5.32K +400 +3%

PDFS Hedge Fund Activity: Q1 2018 in Review

102 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q1 2018, worth a combined $324M — down 31% from $468M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PDFS and 5 opened new positions — a net loss of 14 holders — while 27 trimmed existing stakes and 50 added.

The largest buyer was Divisar Capital Management, adding an estimated $5.31M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $6.74M sold.

  • 102 institutional investors held PDF Solutions (PDFS) as of Q1 2018, down from 116 in Q4 2017.
  • Funds reported $324M of PDF Solutions stock for Q1 2018, down 31% quarter-over-quarter.
  • 5 funds opened new PDF Solutions positions in Q1 2018 and 19 closed out, a net change of -14 holders.
  • The largest PDF Solutions buyer in Q1 2018 was Divisar Capital Management, an estimated $5.31M added.
  • The largest PDF Solutions seller in Q1 2018 was Granahan Investment Management, an estimated $6.74M sold.

Based on aggregated 13F filings for Q1 2018.