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. Holder counts are more reliable. Shares outstanding: 38.1m as of 2023-08-03, 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 ≈ $45.09. Options: 3 managers hold calls ($202.9k notional), 2 hold puts ($40.6k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 136 |
| Q4 2022 | 151 |
| Q1 2023 | 179 |
| Q2 2023 | 181 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 71 | 60 |
| Q1 2023 | 93 | 68 |
| Q2 2023 | 97 | 86 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $0 | $274.0k | — |
| Q4 2022 | $59.9k | $39.9k | 0.67 |
| Q1 2023 | $398.6k | $271.4k | 0.68 |
| Q2 2023 | $202.9k | $40.6k | 0.20 |
Biggest buyers
| VANGUARD GROUP INC | Added | +312.0k |
| Driehaus Capital Management LLC | Added | +124.6k |
| Nuveen Asset Management, LLC | Added | +122.2k |
| G2 Investment Partners Management LLC | New | +120.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +102.3k |
| Lisanti Capital Growth, LLC | New | +98.6k |
| FIRST TRUST ADVISORS LP | New | +93.6k |
| BlackRock Inc. | Added | +80.4k |
| JANUS HENDERSON GROUP PLC | Added | +77.1k |
| Assenagon Asset Management S.A. | Added | +55.9k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -207.2k |
| Invesco Ltd. | Reduced | -183.5k |
| CITADEL ADVISORS LLC | Reduced | -132.5k |
| Samjo Capital LLC | Reduced | -101.0k |
| Roubaix Capital, LLC | Sold out | -87.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -87.7k |
| Informed Momentum Co LLC | Sold out | -83.0k |
| Cowen Prime Advisors LLC | Reduced | -70.4k |
| SNYDER CAPITAL MANAGEMENT L P | Reduced | -67.9k |
| WASATCH ADVISORS LP | Reduced | -46.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $184.9k4.1k shares |
| SIMPLEX TRADING, LLC | New | $18.0k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $40.6k900 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $99.0k | — |
| Q1 2022 | 0 | — | 2 | $280.9k | — |
| Q2 2022 | 0 | — | 1 | $931.3k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 4 | $1.2m | — |
| Q1 2023 | 0 | — | 4 | $1.6m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 4.7m $212.3m | Added +80.4k |
| Invesco Ltd. 0.04% of their portfolio | 3.3m $147.7m | Reduced -183.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.6m $116.2m | Added +312.0k |
| SNYDER CAPITAL MANAGEMENT L P 1.15% of their portfolio | 1.2m $53.9m | Reduced -67.9k |
| WASATCH ADVISORS LP 0.29% of their portfolio | 1.1m $47.8m | Reduced -46.8k |
| STATE STREET CORP 0.00% of their portfolio | 1.0m $46.0m | Added +39.9k |
| Cowen Prime Advisors LLC 14.60% of their portfolio | 940.2k $42.4m | Reduced -70.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 925.3k $41.7m | Reduced -6.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 697.2k $31.4m | Reduced -87.7k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 4.89% of their portfolio | 657.5k $29.7m | Added +23.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 611.5k $27.6m | Added +32.7k |
| Samjo Capital LLC 20.60% of their portfolio | 545.0k $24.6m | Reduced -101.0k |
| EMERALD ADVISERS, LLC 1.05% of their portfolio | 531.6k $24.0m | Added +24.8k |
| MORGAN STANLEY 0.00% of their portfolio | 511.0k $23.0m | Added +14.7k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 425.6k $19.2m | Added +77.1k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.01% of their portfolio | 413.2k $18.6m | Added +20.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 398.4k $18.0m | Added +10.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 332.4k $15.0m | Reduced -9.6k |
| Ranger Investment Management, L.P. 0.88% of their portfolio | 322.9k $14.6m | Added +26.3k |
| Divisar Capital Management LLC 2.90% of their portfolio | 305.5k $13.8m | Reduced -6.5k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 294.5k $13.3m | Added +122.2k |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 290.8k $13.1m | Added +55.9k |
| ROYCE & ASSOCIATES LP 0.12% of their portfolio | 269.1k $12.1m | Reduced -22.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 244.8k $11.0m | Reduced -10.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 229.4k $10.3m | Added +5.9k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 226.7k $10.2m | Reduced -36.3k |
| Driehaus Capital Management LLC 0.11% of their portfolio | 202.0k $9.1m | Added +124.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 179.7k $8.1m | Reduced -207.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 173.8k $7.8m | Reduced -4.6k |
| ArrowMark Colorado Holdings LLC 0.08% of their portfolio | 171.0k $7.7m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 144.4k $6.5m | Added +9.8k |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 130.0k $5.9m | Reduced -585 |
| G2 Investment Partners Management LLC 1.33% of their portfolio | 120.5k $5.4m | New |
| ALGERT GLOBAL LLC 0.23% of their portfolio | 116.0k $5.2m | Added +4.5k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 110.1k $5.0m | Reduced -24.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 109.3k $4.9m | Added +29.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 103.1k $4.7m | Reduced -12.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 102.3k $4.6m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 101.9k $4.6m | Reduced -7.6k |
| Lisanti Capital Growth, LLC 0.62% of their portfolio | 98.6k $4.4m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 93.6k $4.2m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 89.1k $4.0m | Reduced -14.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 86.7k $3.9m | Added +478 |
| Legal & General Group Plc 0.00% of their portfolio | 86.6k $3.9m | Added +12.6k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 85.1k $3.8m | Added +47.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 82.3k $3.7m | Added +26.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 77.8k $3.5m | Added +18.8k |
| FMR LLC 0.00% of their portfolio | 71.0k $3.2m | Added +55.5k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 69.7k $3.1m | Reduced -11.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.02% of their portfolio | 69.6k $3.1m | Added +9.8k |
| Swiss National Bank 0.00% of their portfolio | 65.8k $3.0m | Added +1.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 56.7k $2.6m | Reduced -7.5k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.30% of their portfolio | 54.5k $2.5m | Added +11.5k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 53.1k $2.4m | Added +1.1k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 51.5k $2.3m | Added +4.4k |
| Man Group plc 0.01% of their portfolio | 46.8k $2.1m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 45.5k $2.1m | Reduced -132.5k |
| M&T Bank Corp 0.01% of their portfolio | 45.0k $2.0m | Reduced -2.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 42.3k $1.8m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 38.2k $1.7m | Added +14.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 36.8k $1.7m | Reduced -672 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 36.3k $1.6m | Added +2.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 36.1k $1.6m | Reduced -10.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 33.8k $1.5m | Added +2.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 33.5k $1.5m | Reduced -9.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 32.9k $1.5m | Added +5.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 32.7k $1.5m | Added +4.3k |
| Williams Jones Wealth Management, LLC. 0.02% of their portfolio | 32.0k $1.4m | Unchanged |
| Jump Financial, LLC 0.05% of their portfolio | 31.3k $1.4m | Reduced -4.7k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 29.2k $1.3m | Added +14.0k |
| Aquila Investment Management LLC 1.07% of their portfolio | 29.0k $1.3m | Unchanged |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 28.6k $1.3m | Reduced -7.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 28.4k $1.3m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 26.5k $1.2m | Added +295 |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 26.3k $1.2m | Reduced -156 |
| CITIGROUP INC 0.00% of their portfolio | 26.3k $1.2m | Added +8.8k |
| Campbell & CO Investment Adviser LLC 0.21% of their portfolio | 25.9k $1.2m | Added +20.6k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 25.8k $1.2m | Added +7.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 25.5k $1.1m | Added +15.7k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 25.2k $1.1m | New |
| UBS Group AG 0.00% of their portfolio | 24.9k $1.1m | Added +12.3k |
| Jackson Creek Investment Advisors LLC 0.45% of their portfolio | 24.9k $1.1m | New |
| GSA CAPITAL PARTNERS LLP 0.11% of their portfolio | 23.8k $1.1m | Added +12.6k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 23.2k $1.0m | Added +2.4k |
| ADVISORY RESEARCH INC 0.13% of their portfolio | 22.3k $1.0m | Added +4.2k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.10% of their portfolio | 22.2k $1.0m | Added +1.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 21.1k $953.0k | Added +14.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 21.0k $947.1k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 19.9k $895.2k | Added +19.3k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 19.7k $887.0k | Reduced -547 |
| Quadrature Capital Ltd 0.02% of their portfolio | 19.2k $866.4k | Reduced -26.1k |
| CenterBook Partners LP 0.10% of their portfolio | 18.3k $825.1k | Added +676 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 18.2k $819.0k | Reduced -699 |
| Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio | 17.4k $785.0k | New |
| STRS OHIO 0.00% of their portfolio | 17.3k $780.0k | Reduced -38.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 16.4k $740.2k | Added +29 |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 16.3k $733.4k | New |
| MetLife Investment Management, LLC 0.01% of their portfolio | 16.2k $730.3k | Added +509 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 16.1k $727.8k | Added +4.9k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 15.8k $713.2k | Reduced -772 |