PDF Solutions
PDFS
106 hedge funds and large institutions have $326M invested in PDF Solutions in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 30 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
37% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 30
3% more funds holding
Funds holding: 103 → 106 (+3)
2% less capital invested
Capital invested by funds: $333M → $326M (-$7.19M)
1.44% less ownership
Funds ownership: 78.34% → 76.9% (-1.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
95% less call options, than puts
Call options by funds: $290K | Put options by funds: $6.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Cowen Prime Advisors
New York
|
+$1.49M |
| 2 |
Morgan Stanley
New York
|
+$1.25M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$846K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$763K |
| 5 |
BlackRock
New York
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.7M |
| 2 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$2.47M |
| 3 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$2.24M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.65M |
| 5 |
Millennium Management
New York
|
-$1.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
101
Parallel Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
PFBT
102
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $1K | – | – | – |
|
|
TFO
103
Tarbox Family Office
Newport Beach,
California
| $1K | – | – | – |
|
|
TWA
104
TCI Wealth Advisors
Tucson,
Arizona
| $1K | – | – | – |
|
|
WT
105
Whittier Trust
South Pasadena,
California
| $1K | – | – | – |
|
106
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$467K | -35,624 | Closed |
|
|
SI
107
Stephens Inc
Little Rock,
Arkansas
| – | -$227K | -17,331 | Closed |
|
|
MSL
108
Mackay Shields LLC
New York
| – | -$202K | -15,400 | Closed |
|
|
AIS
109
AlphaOne Investment Services
West Chester,
Pennsylvania
| – | -$169K | -12,881 | Closed |
|
|
CG
110
Cutler Group
San Francisco,
California
| – | -$56K | -4,313 | Closed |
|
|
AG
111
Aperio Group
Sausalito,
California
| – | -$25K | -1,903 | Closed |
|
112
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$6K | -423 | Closed |
|
|
APA
113
American Portfolios Advisors
Holbrook,
New York
| – | -$1.31K | -100 | Closed |
|
114
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$252 | +20 | New |
|
PDFS Hedge Fund Activity: Q3 2019 in Review
106 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q3 2019, worth a combined $326M — down 2.2% from $333M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PDFS positions and 8 closed out — a net gain of 3 holders — while 41 added to existing stakes and 30 trimmed.
The largest buyer was Cowen Prime Advisors, adding an estimated $1.49M. The largest seller was T. Rowe Price Associates, cutting an estimated $3.7M.
- 106 institutional investors held PDF Solutions (PDFS) as of Q3 2019, up from 103 in Q2 2019.
- Funds reported $326M of PDF Solutions stock for Q3 2019, down 2.2% quarter-over-quarter.
- 11 funds opened new PDF Solutions positions in Q3 2019 and 8 closed out, a net change of +3 holders.
- The largest PDF Solutions buyer in Q3 2019 was Cowen Prime Advisors, an estimated $1.49M added.
- The largest PDF Solutions seller in Q3 2019 was T. Rowe Price Associates, an estimated $3.7M sold.
Based on aggregated 13F filings for Q3 2019.