PDF Solutions
PDFS
100 hedge funds and large institutions have $430M invested in PDF Solutions in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 10 closing their positions.
106% more call options, than puts
Call options by funds: $332K | Put options by funds: $161K
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
28% more capital invested
Capital invested by funds: $336M → $430M (+$93.7M)
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
8% more funds holding
Funds holding: 93 → 100 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$18.7M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
+$14.7M |
| 3 |
Bank of New York Mellon
New York
|
+$10.1M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$7.82M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$6.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.1M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$5.51M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$5.47M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
101
Tygh Capital Management
Portland,
Oregon
| – | -$5.47M | -367,840 | Closed |
|
102
Two Sigma Investments
New York
| – | -$1.49M | -99,961 | Closed |
|
|
SCA
103
Secor Capital Advisors
New York
| – | -$482K | -32,453 | Closed |
|
|
LA
104
Lucus Advisors
New York
| – | -$428K | -28,811 | Closed |
|
|
PCM
105
Piermont Capital Management
St. Louis,
Missouri
| – | -$413K | -27,810 | Closed |
|
|
TC
106
TFS Capital
West Chester,
Pennsylvania
| – | -$342K | -22,994 | Closed |
|
|
MLICM
107
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$329K | -22,141 | Closed |
|
|
PPA
108
Parametric Portfolio Associates
Seattle,
Washington
| – | -$297K | -19,991 | Closed |
|
|
PG
109
PEAK6 Group
Chicago,
Illinois
| – | -$67K | -3,851 | Closed |
|
|
DADC
110
D.A. Davidson & Co
Great Falls,
Montana
| – | -$39K | -2,635 | Closed |
|
PDFS Hedge Fund Activity: Q1 2015 in Review
100 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q1 2015, worth a combined $430M — up 28% from $336M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PDFS positions and 10 closed out — a net gain of 7 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $18.7M. The largest seller was Fidelity Investments, cutting an estimated $23.9M.
- 100 institutional investors held PDF Solutions (PDFS) as of Q1 2015, up from 93 in Q4 2014.
- Funds reported $430M of PDF Solutions stock for Q1 2015, up 28% quarter-over-quarter.
- 17 funds opened new PDF Solutions positions in Q1 2015 and 10 closed out, a net change of +7 holders.
- The largest PDF Solutions buyer in Q1 2015 was Chartwell Investment Partners, an estimated $18.7M added.
- The largest PDF Solutions seller in Q1 2015 was Fidelity Investments, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2015.