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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
SRAM
76
Stone Ridge Asset Management
New York
$126K +$143K +10,764 New
BJL
77
Brighton Jones LLC
Washington
$125K
MERSOM
78
Municipal Employees' Retirement System of Michigan
Michigan
$123K
New York State Teachers Retirement System (NYSTRS)
79
New York State Teachers Retirement System (NYSTRS)
New York
$119K +$2.8K +211 +2%
MLICM
80
Metropolitan Life Insurance Company (MetLife)
New York
$108K
JP Morgan Chase
81
JP Morgan Chase
New York
$107K +$3.32K +250 +3%
BNP Paribas Financial Markets
82
BNP Paribas Financial Markets
France
$105K -$33.9K -2,554 -22%
SOADOR
83
State of Alaska Department of Revenue
Alaska
$103K +$44.3K +3,330 +60%
Barclays
84
Barclays
United Kingdom
$100K +$56.1K +4,221 +95%
MSA
85
Mason Street Advisors
Wisconsin
$89K +$6.33K +476 +7%
Citigroup
86
Citigroup
New York
$79K +$86.1K +6,481 +2,348%
TRSOTSOK
87
Teachers Retirement System of the State of Kentucky
Kentucky
$54K
UBS Group
88
UBS Group
Switzerland
$36K +$8.93K +672 +28%
SEI Investments
89
SEI Investments
Pennsylvania
$27K -$174K -13,127 -85%
AIP
90
Ameritas Investment Partners
Nebraska
$24K
Zurich Cantonal Bank
91
Zurich Cantonal Bank
Switzerland
$22K
Victory Capital Management
92
Victory Capital Management
Texas
$13K -$114K -8,546 -89%
LIA
93
LS Investment Advisors
Michigan
$11K
CG
94
Cutler Group
California
$11K +$13.3K +1,000 New
TIM
95
Tortoise Investment Management
New York
$3K
Royal Bank of Canada
96
Royal Bank of Canada
Ontario, Canada
$2K -$2.66K -200 -55%
VFA
97
Valeo Financial Advisors
Indiana
$2K
PNC Financial Services Group
98
PNC Financial Services Group
Pennsylvania
$1K -$6.1K -459 -90%
TWA
99
TCI Wealth Advisors
Arizona
$1K +$651 +49 New
WAM
100
Wealthspire Advisors (Maryland)
Maryland
$1K +$784 +59 +843%

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.