PDF Solutions
PDFS
173 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, 44 reducing their positions, and 23 closing their positions.
139% more capital inflows, than outflows
Capital inflows: $48.6M | Capital outflows: $20.3M
75% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 44
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
3.77% more ownership
Funds ownership: 70.75% → 74.53% (+3.8%)
2% more funds holding
Funds holding: 169 → 173 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$3.23M |
| 2 |
Ranger Investment Management
Dallas,
Texas
|
+$3.19M |
| 3 |
MAK Capital One
New York
|
+$3.03M |
| 4 |
KLP
Kent Lake PR
Anasco,
Puerto Rico
|
+$2.69M |
| 5 |
Morgan Stanley
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$6.17M |
| 2 |
BlackRock
New York
|
-$1.85M |
| 3 |
Jane Street
New York
|
-$1.16M |
| 4 |
Royce & Associates
New York
|
-$927K |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$906K |
PDFS Hedge Fund Activity: Q2 2025 in Review
173 of the 7,625 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 44 trimmed.
The largest buyer was Nuveen, adding an estimated $3.23M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $6.17M.
- 173 institutional investors held PDF Solutions (PDFS) as of Q2 2025, up from 169 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.