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PDF Solutions

102 hedge funds and large institutions have $324M invested in PDF Solutions in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 50 increasing their positions, 27 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 27

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.22% less ownership

Funds ownership: 93.35%86.13% (-7.2%)

12% less funds holding

Funds holding: 116102 (-14)

31% less capital invested

Capital invested by funds: $468M → $324M (-$144M)

74% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 19

Holders
102
Holders Change
-14
Holders Change %
-12.07%
% of All Funds
2.34%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
5
Increased
50
Reduced
27
Closed
19
Calls
$122K
Puts
Net Calls
+$122K
Net Calls Change
-$1.25M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$42.2M +$1.04M +78,620 +2%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$35.3M +$105K +7,888 +0.3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$26.6M +$424K +31,907 +1%
CCMLC
4
Cardinal Capital Management LLC (Connecticut)
Connecticut
$18.8M +$481K +36,180 +2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$18.2M +$1.55M +116,602 +8%
DCM
6
Divisar Capital Management
California
$16.5M +$5.31M +399,853 +39%
Vanguard Group
7
Vanguard Group
Pennsylvania
$16.2M -$1.21M -90,999 -6%
SCM
8
Snyder Capital Management
California
$14.7M +$2.05M +154,505 +14%
GGHC
9
Gilder Gagnon Howe & Co
New York
$14M +$258K +19,425 +2%
NIM
10
Needham Investment Management
New York
$12M +$797K +60,000 +6%
O
11
OppenheimerFunds
New York
$11.7M +$7.26K +546 +0.1%
CPA
12
Cowen Prime Advisors
New York
$11.2M -$3.33M -250,916 -21%
HRCM
13
Hawk Ridge Capital Management
California
$9.3M +$2.21M +166,590 +26%
State Street
14
State Street
Massachusetts
$8.11M +$184K +13,867 +2%
TAM
15
THB Asset Management
Connecticut
$4.52M +$18.4K +1,382 +0.4%
Northern Trust
16
Northern Trust
Illinois
$4.43M +$173K +12,983 +4%
AIS
17
AlphaOne Investment Services
Pennsylvania
$3.86M +$521K +39,219 +13%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$3.72M -$378K -28,440 -8%
RA
19
Royce & Associates
New York
$3.31M -$916K -68,900 -20%
HAM
20
Harber Asset Management
North Carolina
$3.25M -$862K -64,864 -19%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$3.12M +$264K +19,877 +8%
LSC
22
Lyon Street Capital
California
$2.98M
Principal Financial Group
23
Principal Financial Group
Iowa
$2.46M +$66.3K +4,991 +2%
Two Sigma Investments
24
Two Sigma Investments
New York
$2.37M +$1.3M +97,741 +93%
Citadel Advisors
25
Citadel Advisors
Florida
$2.35M +$712K +53,599 +36%

PDFS Hedge Fund Activity: Q1 2018 in Review

102 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PDF Solutions (PDFS) for Q1 2018, worth a combined $324M — down 31% from $468M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PDFS and 5 opened new positions — a net loss of 14 holders — while 27 trimmed existing stakes and 50 added.

The largest buyer was Divisar Capital Management, adding an estimated $5.31M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $6.74M sold.

  • 102 institutional investors held PDF Solutions (PDFS) as of Q1 2018, down from 116 in Q4 2017.
  • Funds reported $324M of PDF Solutions stock for Q1 2018, down 31% quarter-over-quarter.
  • 5 funds opened new PDF Solutions positions in Q1 2018 and 19 closed out, a net change of -14 holders.
  • The largest PDF Solutions buyer in Q1 2018 was Divisar Capital Management, an estimated $5.31M added.
  • The largest PDF Solutions seller in Q1 2018 was Granahan Investment Management, an estimated $6.74M sold.

Based on aggregated 13F filings for Q1 2018.