PDF Solutions
PDFS
95 hedge funds and large institutions have $423M invested in PDF Solutions in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
31% more capital invested
Capital invested by funds: $322M → $423M (+$101M)
3% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 39
11% less funds holding
Funds holding: 107 → 95 (-12)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$5.38M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$3.47M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$3.29M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$7.06M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.91M |
| 3 |
RA
Royce & Associates
New York
|
-$3.36M |
| 4 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$3.08M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
101
Quotient Investors
New York
| – | -$494K | -35,300 | Closed |
|
|
HCM
102
Highbridge Capital Management
New York
| – | -$424K | -30,338 | Closed |
|
|
OA
103
Oak Associates
Akron,
Ohio
| – | -$382K | -27,330 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$302K | -21,571 | Closed |
|
|
OAM
105
Oxford Asset Management
Oxford,
United Kingdom
| – | -$253K | -18,093 | Closed |
|
|
PP
106
PDT Partners
New York
| – | -$214K | -15,300 | Closed |
|
107
Teacher Retirement System of Texas
Austin,
Texas
| – | -$52K | -3,728 | Closed |
|
108
UBS Group
Zurich,
Switzerland
| – | -$11K | -800 | Closed |
|
109
Walleye Trading
New York
| – | -$11K | -800 | Closed |
|
|
CG
110
Cutler Group
San Francisco,
California
| – | -$10.2K | -628 | Closed |
|
111
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -213 | Closed |
|
PDFS Hedge Fund Activity: Q3 2016 in Review
95 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q3 2016, worth a combined $423M — up 31% from $322M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PDFS and 5 opened new positions — a net loss of 11 holders — while 39 trimmed existing stakes and 38 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $19M. The largest seller was Shannon River Fund Management, exiting entirely with an estimated $7.06M sold.
- 95 institutional investors held PDF Solutions (PDFS) as of Q3 2016, down from 107 in Q2 2016.
- Funds reported $423M of PDF Solutions stock for Q3 2016, up 31% quarter-over-quarter.
- 5 funds opened new PDF Solutions positions in Q3 2016 and 16 closed out, a net change of -11 holders.
- The largest PDF Solutions buyer in Q3 2016 was T. Rowe Price Associates, an estimated $19M added.
- The largest PDF Solutions seller in Q3 2016 was Shannon River Fund Management, an estimated $7.06M sold.
Based on aggregated 13F filings for Q3 2016.