PDF Solutions
PDFS
110 hedge funds and large institutions have $476M invested in PDF Solutions in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 39 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
21% more capital invested
Capital invested by funds: $395M → $476M (+$81.4M)
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
1% less funds holding
Funds holding: 111 → 110 (-1)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
87% less call options, than puts
Call options by funds: $15K | Put options by funds: $118K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$11.6M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$6.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.16M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$5.08M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$4.28M |
| 2 |
Renaissance Technologies
New York
|
-$3.73M |
| 3 |
AIM
Act II Management
New York
|
-$3.46M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$2.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.53M |
PDFS Hedge Fund Activity: Q2 2014 in Review
110 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q2 2014, worth a combined $476M — up 21% from $395M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PDFS and 20 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 42 added.
The largest buyer was Snyder Capital Management, opening a new position worth an estimated $11.6M. The largest seller was Shannon River Fund Management, cutting an estimated $4.28M.
- 110 institutional investors held PDF Solutions (PDFS) as of Q2 2014, down from 111 in Q1 2014.
- Funds reported $476M of PDF Solutions stock for Q2 2014, up 21% quarter-over-quarter.
- 20 funds opened new PDF Solutions positions in Q2 2014 and 21 closed out, a net change of -1 holder.
- The largest PDF Solutions buyer in Q2 2014 was Snyder Capital Management, an estimated $11.6M added.
- The largest PDF Solutions seller in Q2 2014 was Shannon River Fund Management, an estimated $4.28M sold.
Based on aggregated 13F filings for Q2 2014.