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PDF Solutions
PDFS

172 hedge funds and large institutions have $624M invested in PDF Solutions in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 77 increasing their positions, 43 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 43

22% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 23

18% more capital invested

Capital invested by funds: $529M → $624M (+$94.8M)

3.77% more ownership

Funds ownership: 70.75% → 74.53% (+3.8%)

2% more funds holding

Funds holding: 168 → 172 (+4)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
172
Holders Change
+4
Holders Change %
+2.38%
% of All Funds
2.26%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
28
Increased
77
Reduced
43
Closed
23
Calls
$9K
Puts
–
Net Calls
+$9K
Net Calls Change
-$67K

Top Buyers

Rank Fund Capital Flow
1
N
Nuveen
North Carolina
+$3.23M
2
RIM
Ranger Investment Management
Texas
+$3.19M
3
MCO
MAK Capital One
New York
+$3.03M
4
KLP
Kent Lake PR
Puerto Rico
+$2.69M
5
Morgan Stanley
Morgan Stanley
New York
+$2.19M

Top Sellers

Rank Fund Capital Flow
1
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
-$6.17M
2
BlackRock
BlackRock
New York
-$1.85M
3
Jane Street
Jane Street
New York
-$1.16M
4
RA
Royce & Associates
New York
-$927K
5
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
-$906K
Name Holding Trade Value Shares
Change 		Change in
Stake
PTC
176
Petrus Trust Company
Texas
– -$418K -21,886 Closed
SG Americas Securities
177
SG Americas Securities
New York
– -$388K -20,287 Closed
CF
178
Corebridge Financial
Texas
– -$311K -16,249 Closed
IMRF
179
Illinois Municipal Retirement Fund
Illinois
– -$310K -16,205 Closed
SO
180
STRS Ohio
Ohio
– -$105K -5,500 Closed
KBC Group
181
KBC Group
Belgium
– -$38K -2,000 Closed
QCG
182
Quadrant Capital Group
Ohio
– -$32.9K -1,719 Closed
ACM
183
Aster Capital Management
United Arab Emirates
– -$13K -577 Closed
BCM
184
Blume Capital Management
California
– -$9.55K -500 Closed
DB
185
Danske Bank
Denmark
– -$1.91K -100 Closed
Bessemer Group
186
Bessemer Group
New Jersey
– -$1K -57 Closed
FHA
187
First Horizon Advisors
Tennessee
– -$993 -52 Closed
TWD
188
True Wealth Design
Ohio
– -$746 -39 Closed
PWA
189
Physician Wealth Advisors
Utah
– -$650 -34 Closed
PS
190
Principal Securities
Iowa
– -$921 -34 Closed
CA
191
CoreCap Advisors
Michigan
– -$210 -11 Closed
CCM
192
Coldstream Capital Management
Washington
– -$134 -7 Closed
C
193
Covestor
United Kingdom
– -$19 -1 -5%
CAL
194
Capital Advisors Ltd
Ohio
– +$151 +8 New
4 5 6 7
8

PDFS Hedge Fund Activity: Q2 2025 in Review

172 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q2 2025, worth a combined $624M — up 18% from $529M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new PDFS positions and 23 closed out — a net gain of 5 holders — while 77 added to existing stakes and 43 trimmed.

The largest buyer was Nuveen, adding an estimated $3.23M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $6.17M.

  • 172 institutional investors held PDF Solutions (PDFS) as of Q2 2025, up from 168 in Q1 2025.
  • Funds reported $624M of PDF Solutions stock for Q2 2025, up 18% quarter-over-quarter.
  • 28 funds opened new PDF Solutions positions in Q2 2025 and 23 closed out, a net change of +5 holders.
  • The largest PDF Solutions buyer in Q2 2025 was Nuveen, an estimated $3.23M added.
  • The largest PDF Solutions seller in Q2 2025 was Thrivent Financial for Lutherans, an estimated $6.17M sold.

Based on aggregated 13F filings for Q2 2025.