PDF Solutions
PDFS
102 hedge funds and large institutions have $548M invested in PDF Solutions in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 8 closing their positions.
27,750% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $4K
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
77.12% more ownership
Funds ownership: 0% → 77.12% (+77%)
29% more capital invested
Capital invested by funds: $423M → $548M (+$125M)
7% more funds holding
Funds holding: 95 → 102 (+7)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
8% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$27.3M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$8.22M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.42M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$4.85M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$11.5M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$8.36M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$7.29M |
| 4 |
CPA
Cowen Prime Advisors
New York
|
-$4.82M |
| 5 |
Renaissance Technologies
New York
|
-$3.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
101
Tortoise Investment Management
White Plains,
New York
| $6K | – | – | – |
|
|
LTFS
102
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
MTIP
103
Magee Thomson Investment Partners
San Diego,
California
| $1K | -$565 | -27 | -29% |
|
|
HRCM
104
Hawk Ridge Capital Management
Los Angeles,
California
| – | -$1.73M | -95,238 | Closed |
|
105
Two Sigma Investments
New York
| – | -$1.15M | -63,251 | Closed |
|
106
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$978K | -53,813 | Closed |
|
107
Ameriprise
Minneapolis,
Minnesota
| – | -$871K | -47,923 | Closed |
|
|
VHMC
108
Value Holdings Management Company
Hampton Bays,
New York
| – | -$454K | -25,000 | Closed |
|
|
GIPM
109
G2 Investment Partners Management
New York
| – | -$242K | -13,297 | Closed |
|
110
Tudor Investment Corp
Stamford,
Connecticut
| – | -$230K | -12,653 | Closed |
|
111
UBS AM
Chicago,
Illinois
| – | -$216K | -11,900 | Closed |
|
PDFS Hedge Fund Activity: Q4 2016 in Review
102 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q4 2016, worth a combined $548M — up 29% from $423M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PDFS positions and 8 closed out — a net gain of 9 holders — while 35 added to existing stakes and 38 trimmed.
The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $27.3M. The largest seller was Lyon Street Capital, cutting an estimated $11.5M.
- 102 institutional investors held PDF Solutions (PDFS) as of Q4 2016, up from 95 in Q3 2016.
- Funds reported $548M of PDF Solutions stock for Q4 2016, up 29% quarter-over-quarter.
- 17 funds opened new PDF Solutions positions in Q4 2016 and 8 closed out, a net change of +9 holders.
- The largest PDF Solutions buyer in Q4 2016 was Gilder Gagnon Howe & Co, an estimated $27.3M added.
- The largest PDF Solutions seller in Q4 2016 was Lyon Street Capital, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2016.