PDF SOLUTIONS INC PDFS
COM · Common Stock · CUSIP 693282105 · ISIN US6932821050
Company based in San Jose, California
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.9m this quarter). Holder counts are more reliable. Shares outstanding: 42.2m as of 2026-08-03, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $70.62. Options: 6 managers hold calls ($17.0m notional), 3 hold puts ($3.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 136 |
| Q4 2022 | 151 |
| Q1 2023 | 179 |
| Q2 2023 | 181 |
| Q3 2023 | 185 |
| Q4 2023 | 199 |
| Q1 2024 | 181 |
| Q2 2024 | 174 |
| Q3 2024 | 177 |
| Q4 2024 | 179 |
| Q1 2025 | 169 |
| Q2 2025 | 174 |
| Q3 2025 | 183 |
| Q4 2025 | 189 |
| Q1 2026 | 208 |
| Q2 2026 | 282 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 85 | 84 |
| Q4 2024 | 82 | 87 |
| Q1 2025 | 88 | 87 |
| Q2 2025 | 104 | 66 |
| Q3 2025 | 104 | 82 |
| Q4 2025 | 97 | 84 |
| Q1 2026 | 104 | 77 |
| Q2 2026 | 187 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $485.4k | $0 | 0.00 |
| Q4 2025 | $37.1k | $20.0k | 0.54 |
| Q1 2026 | $379.4k | $1.2m | 3.16 |
| Q2 2026 | $17.0m | $3.6m | 0.22 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +912.6k |
| WASATCH ADVISORS LP | Added | +873.0k |
| JENNISON ASSOCIATES LLC | New | +716.1k |
| BlackRock, Inc. | Added | +684.2k |
| Atreides Management, LP | New | +658.5k |
| Point72 Asset Management, L.P. | New | +598.9k |
| OBERWEIS ASSET MANAGEMENT INC/ | New | +426.4k |
| Shannon River Fund Management LLC | New | +369.8k |
| SEGALL BRYANT & HAMILL, LLC | New | +347.2k |
| BAILLIE GIFFORD & CO | New | +345.5k |
Biggest sellers
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -701.3k |
| Ophir Asset Management Pty Ltd | Reduced | -530.0k |
| Samjo Management, LLC | Reduced | -371.7k |
| Divisar Capital Management LLC | Reduced | -315.5k |
| LOOMIS SAYLES & CO L P | Reduced | -183.8k |
| Pillsbury Lake Capital LLC | Reduced | -152.8k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -135.4k |
| Ranger Investment Management, L.P. | Reduced | -130.0k |
| Roubaix Capital, LLC | Reduced | -128.4k |
| Inspire Advisors, LLC | Sold out | -84.2k |
Biggest calls
| PEAK6 LLC | New | $10.8m152.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $2.2m30.9k shares |
| JANE STREET GROUP, LLC | New | $2.1m30.3k shares |
| CITADEL ADVISORS LLC | Added | $1.6m21.9k shares |
| GROUP ONE TRADING LLC | New | $226.5k3.2k shares |
| SIMPLEX TRADING, LLC | Added | $42.5k600 shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $2.9m40.8k shares |
| CITADEL ADVISORS LLC | New | $509.7k7.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $247.8k3.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| KIBARIAN JOHN KACHIG 13G · exempt (held before listing) no change · filed 2026-02-17 | 6.5% |
| WASATCH ADVISORS LP 13G · institution new · filed 2026-10-09 | 6.3% |
| NEEDHAM INVESTMENT MANAGEMENT LLC 13G · institution +0.2 pts · filed 2026-05-14 | 5.1% |
Fell to 5% or below in the last year: ADVANTEST CORP (0.0%, 2026-05-27), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $406.8k | — |
| Q1 2025 | 2 | $1.2m | 0 | — | — |
| Q2 2025 | 1 | $145.9k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 2 | $228.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-31 | Strojwas Andrzej Chief Technology Officer | Sold | $150.7k3.4k shares |
| 2026-08-12 | Zhang Shuo Director | Sold | $77.3k1.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.6m $392.9m | Added +684.2k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 4.40% of their portfolio | 2.1m $146.2m | Added +42.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.7m $117.8m | Added +276.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.5m $103.2m | Added +57.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $98.2m | Added +194.1k |
| WASATCH ADVISORS LP 0.64% of their portfolio | 1.4m $97.7m | Added +873.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.28% of their portfolio | 1.3m $93.4m | Added +179.1k |
| Ranger Investment Management, L.P. 5.15% of their portfolio | 1.1m $81.4m | Reduced -130.0k |
| SNYDER CAPITAL MANAGEMENT L P 1.26% of their portfolio | 1.0m $73.2m | Reduced -26.5k |
| Jupiter Topco LLC 0.03% of their portfolio | 927.8k $65.7m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 927.3k $61.1m | Added +912.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 918.0k $65.0m | Added +115.7k |
| EMERALD ADVISERS, LLC 1.47% of their portfolio | 884.3k $62.6m | Added +23.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 841.2k $59.5m | Reduced -4.5k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 716.1k $50.7m | New |
| Atreides Management, LP 0.42% of their portfolio | 658.5k $46.6m | New |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 643.3k $45.5m | Reduced -183.8k |
| Ophir Asset Management Pty Ltd 3.54% of their portfolio | 607.3k $43.0m | Reduced -530.0k |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 598.9k $42.4m | New |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.41% of their portfolio | 566.4k $40.1m | Reduced -28.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio | 554.2k $39.2m | Reduced -701.3k |
| Samjo Management, LLC 13.25% of their portfolio | 548.3k $38.8m | Reduced -371.7k |
| Silverberg Bernstein Capital Management LLC 12.63% of their portfolio | 465.8k $33.0m | Reduced -7.1k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.62% of their portfolio | 426.4k $30.2m | New |
| Invesco Ltd. 0.00% of their portfolio | 422.9k $29.9m | Added +278.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 398.6k $28.2m | Added +46.1k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 395.1k $28.0m | Reduced -46.6k |
| MORGAN STANLEY 0.00% of their portfolio | 389.6k $27.6m | Added +47.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 371.4k $26.3m | Added +220.3k |
| Shannon River Fund Management LLC 2.34% of their portfolio | 369.8k $26.2m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 367.1k $26.0m | Added +58.9k |
| DF DENT & CO INC 0.48% of their portfolio | 355.0k $25.1m | Added +2.0k |
| SEGALL BRYANT & HAMILL, LLC 0.29% of their portfolio | 347.2k $24.6m | New |
| BAILLIE GIFFORD & CO 0.02% of their portfolio | 345.5k $24.5m | New |
| FMR LLC 0.00% of their portfolio | 310.4k $22.0m | Added +8.2k |
| Divisar Capital Management LLC 5.02% of their portfolio | 307.9k $21.8m | Reduced -315.5k |
| ArrowMark Colorado Holdings LLC 0.81% of their portfolio | 274.5k $19.4m | Reduced -82.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 265.0k $18.8m | Added +43.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 261.7k $18.5m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 208.3k $14.7m | Added +17.8k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 203.2k $14.4m | New |
| Penn Capital Management Company, LLC 0.91% of their portfolio | 203.1k $14.4m | Added +183.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 193.5k $13.7m | Reduced -135.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 183.8k $13.0m | Added +27.3k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 182.4k $12.9m | Added +182.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 164.6k $11.7m | Added +127.7k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.56% of their portfolio | 163.0k $11.5m | Added +15.2k |
| DAVENPORT & Co LLC 0.05% of their portfolio | 150.4k $10.6m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 132.5k $9.4m | Added +66.7k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 129.4k $9.2m | Added +14.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 126.4k $8.9m | Added +87.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 121.3k $8.6m | Added +30.9k |
| Nuveen, LLC 0.00% of their portfolio | 121.1k $8.6m | Added +9.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 121.0k $8.6m | Added +68.6k |
| HERALD INVESTMENT MANAGEMENT Ltd 1.15% of their portfolio | 119.7k $8.5m | Reduced -80.3k |
| Pillsbury Lake Capital LLC 2.29% of their portfolio | 117.9k $8.3m | Reduced -152.8k |
| Gem Investment Advisors, LLC 4.58% of their portfolio | 105.5k $7.5m | Unchanged |
| BROWN CAPITAL MANAGEMENT LLC 1.45% of their portfolio | 102.2k $7.2m | Reduced -2.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 102.1k $7.2m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 96.8k $6.9m | Added +48.4k |
| UBS Group AG 0.00% of their portfolio | 95.7k $6.8m | Reduced -5.5k |
| Squarepoint Ops LLC 0.01% of their portfolio | 95.3k $6.7m | Reduced -35.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 95.1k $6.7m | Added +9.3k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 93.4k $6.6m | Added +82.5k |
| Informed Momentum Co LLC 0.56% of their portfolio | 88.1k $6.2m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 87.1k $6.2m | Added +19.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 84.4k $6.0m | Added +49.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 81.1k $5.7m | Reduced -3.4k |
| Legal & General Group Plc 0.00% of their portfolio | 81.0k $5.7m | Added +6.6k |
| Bridge City Capital, LLC 1.24% of their portfolio | 76.5k $5.4m | Reduced -24.3k |
| SEVEN GRAND MANAGERS, LLC 0.21% of their portfolio | 75.0k $5.3m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 74.1k $5.2m | Added +1.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 66.6k $4.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 65.0k $4.6m | Added +5.2k |
| LPL Financial LLC 0.00% of their portfolio | 64.2k $4.5m | Added +1.7k |
| Swiss National Bank 0.00% of their portfolio | 64.0k $4.5m | Added +1.6k |
| Bouvel Investment Partners, LLC 1.01% of their portfolio | 63.4k $4.5m | New |
| GILDER GAGNON HOWE & CO LLC 0.04% of their portfolio | 56.6k $4.0m | New |
| Roubaix Capital, LLC 1.36% of their portfolio | 53.5k $3.8m | Reduced -128.4k |
| CITIGROUP INC 0.00% of their portfolio | 51.1k $3.6m | Added +44.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 45.9k $3.3m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 45.6k $3.2m | Reduced -3.0k |
| Riverwater Partners LLC 0.94% of their portfolio | 44.9k $3.2m | New |
| Creative Planning 0.00% of their portfolio | 42.1k $3.0m | Added +3.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 41.3k $1.4m | Reduced -3.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 40.4k $2.9m | Reduced -10.6k |
| CROWN ADVISORS MANAGEMENT, INC. 1.55% of their portfolio | 40.0k $2.8m | Added +15.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 38.7k $2.7m | Added +31.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 38.5k $2.7m | Reduced -52.3k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 37.8k $2.7m | Added +4.3k |
| Dana Investment Advisors, Inc. 0.07% of their portfolio | 36.9k $2.6m | Reduced -25.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 36.1k $2.6m | Added +5.4k |
| Williams Jones Wealth Management, LLC. 0.03% of their portfolio | 32.0k $2.3m | Unchanged |
| Fisher Asset Management, LLC 0.00% of their portfolio | 30.6k $2.2m | Reduced -20.8k |
| Regal Partners Ltd 0.12% of their portfolio | 30.5k $2.2m | New |
| Vident Advisory, LLC 0.02% of their portfolio | 30.0k $2.1m | Added +10.8k |
| Odyssean, LLC 0.34% of their portfolio | 29.8k $2.1m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 28.7k $2.0m | Added +3.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 27.2k $1.9m | Added +4.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 26.5k $1.9m | Reduced -14.7k |