PDF Solutions
PDFS
110 hedge funds and large institutions have $237M invested in PDF Solutions in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 39 increasing their positions, 34 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
15% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 34
6% more funds holding
Funds holding: 104 → 110 (+6)
40% less capital invested
Capital invested by funds: $393M → $237M (-$156M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
96% less call options, than puts
Call options by funds: $1K | Put options by funds: $26K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$4.81M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$2.9M |
| 3 |
Millennium Management
New York
|
+$2.35M |
| 4 |
Morgan Stanley
New York
|
+$2.01M |
| 5 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$13.9M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$9.02M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.19M |
| 4 |
Bank of New York Mellon
New York
|
-$5.18M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Simplex Trading
Chicago,
Illinois
| – | +$1.02K | +81 | New |
|
PDFS Hedge Fund Activity: Q3 2015 in Review
110 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q3 2015, worth a combined $237M — down 40% from $393M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PDFS positions and 16 closed out — a net gain of 7 holders — while 39 added to existing stakes and 34 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $4.81M. The largest seller was Chartwell Investment Partners, exiting entirely with an estimated $13.9M sold.
- 110 institutional investors held PDF Solutions (PDFS) as of Q3 2015, up from 104 in Q2 2015.
- Funds reported $237M of PDF Solutions stock for Q3 2015, down 40% quarter-over-quarter.
- 23 funds opened new PDF Solutions positions in Q3 2015 and 16 closed out, a net change of +7 holders.
- The largest PDF Solutions buyer in Q3 2015 was Cardinal Capital Management LLC (Connecticut), an estimated $4.81M added.
- The largest PDF Solutions seller in Q3 2015 was Chartwell Investment Partners, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2015.