PDF Solutions
PDFS
95 hedge funds and large institutions have $425M invested in PDF Solutions in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more capital invested
Capital invested by funds: $322M → $425M (+$103M)
3% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 39
11% less funds holding
Funds holding: 107 → 95 (-12)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$5.38M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$3.47M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$3.29M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$7.06M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.91M |
| 3 |
RA
Royce & Associates
New York
|
-$3.36M |
| 4 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$3.08M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.46M |
PDFS Hedge Fund Activity: Q3 2016 in Review
95 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q3 2016, worth a combined $425M — up 32% from $322M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PDFS and 5 opened new positions — a net loss of 11 holders — while 39 trimmed existing stakes and 38 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $19M. The largest seller was Shannon River Fund Management, exiting entirely with an estimated $7.06M sold.
- 95 institutional investors held PDF Solutions (PDFS) as of Q3 2016, down from 107 in Q2 2016.
- Funds reported $425M of PDF Solutions stock for Q3 2016, up 32% quarter-over-quarter.
- 5 funds opened new PDF Solutions positions in Q3 2016 and 16 closed out, a net change of -11 holders.
- The largest PDF Solutions buyer in Q3 2016 was T. Rowe Price Associates, an estimated $19M added.
- The largest PDF Solutions seller in Q3 2016 was Shannon River Fund Management, an estimated $7.06M sold.
Based on aggregated 13F filings for Q3 2016.