PDF Solutions
PDFS
96 hedge funds and large institutions have $406M invested in PDF Solutions in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
31% more call options, than puts
Call options by funds: $372K | Put options by funds: $283K
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
19% more capital invested
Capital invested by funds: $340M → $406M (+$66.2M)
13% more funds holding
Funds holding: 85 → 96 (+11)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$22.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.92M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$3.12M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$3.11M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Cowen Prime Advisors
New York
|
-$13.9M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$4.34M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.8M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$3.76M |
| 5 |
NIM
Needham Investment Management
New York
|
-$2.57M |
PDFS Hedge Fund Activity: Q3 2013 in Review
96 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q3 2013, worth a combined $406M — up 19% from $340M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PDFS positions and 5 closed out — a net gain of 11 holders — while 37 added to existing stakes and 29 trimmed.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $22.9M. The largest seller was Cowen Prime Advisors, cutting an estimated $13.9M.
- 96 institutional investors held PDF Solutions (PDFS) as of Q3 2013, up from 85 in Q2 2013.
- Funds reported $406M of PDF Solutions stock for Q3 2013, up 19% quarter-over-quarter.
- 16 funds opened new PDF Solutions positions in Q3 2013 and 5 closed out, a net change of +11 holders.
- The largest PDF Solutions buyer in Q3 2013 was TimesSquare Capital Management, an estimated $22.9M added.
- The largest PDF Solutions seller in Q3 2013 was Cowen Prime Advisors, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2013.