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Institutional Ownership · SEC Form 13F

Who owns PDFS (PDFS)


Which tracked institutional funds hold PDFS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PDFS company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

208
Institutional holders
32,201,675
Shares held (tracked funds)
81.4%
Of shares outstanding

How the tape is positioned

56 tracked funds added or opened PDFS while 24 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

PDFS’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in PDFS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 208 tracked filers holding PDFS, 113 increased or opened the position and 80 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in PDFS between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 14

  • VANGUARD PORTFOLIO MANAGEMENT LLC$46M
  • VANGUARD CAPITAL MANAGEMENT LLC$45M
  • BARROW HANLEY MEWHINNEY & STRAUSS LLC$37M
  • DF DENT & CO INC$12M
  • VANGUARD FIDUCIARY TRUST CO$7M
  • Inspire Advisors, LLC$3M

Full exits 9

  • VANGUARD GROUP INC$81M
  • MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC$3M
  • TWO SIGMA INVESTMENTS, LP$2M
  • JANE STREET GROUP, LLC$1M
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$1M
  • Verition Fund Management LLC$1M

Largest adds

  • BlackRock, Inc.$20M
  • Ophir Asset Management Pty Ltd$17M
  • LOOMIS SAYLES & CO L P$14M
  • NEEDHAM INVESTMENT MANAGEMENT LLC$10M
  • Ranger Investment Management, L.P.$8M
  • JANUS HENDERSON GROUP PLC$8M

Largest trims

  • Samjo Management, LLC$3M
  • ArrowMark Colorado Holdings LLC$2M
  • Squarepoint Ops LLC$2M
  • Pillsbury Lake Capital LLC$2M
  • Divisar Capital Management LLC$1M
  • BARCLAYS PLC$1M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed4,866,177$159M13.9%2026-Q1
NEEDHAM INVESTMENT MANAGEMENT LLC added2,022,700$66M5.8%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new1,400,722$46M4.0%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,388,122$45M4.0%2026-Q1
Ranger Investment Management, L.P. added1,279,630$42M3.6%2026-Q1
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed1,255,559$41M3.6%2026-Q1
STATE STREET CORP added1,192,408$39M3.4%2026-Q1
BARROW HANLEY MEWHINNEY & STRAUSS LLC added1,140,547$37M3.2%2026-Q1
Ophir Asset Management Pty Ltd added1,137,349$37M3.2%2026-Q1
SNYDER CAPITAL MANAGEMENT L P added1,060,478$35M3.0%2026-Q1
JANUS HENDERSON GROUP PLC added1,035,666$34M2.9%2026-Q1
Samjo Management, LLC trimmed919,955$30M2.6%2026-Q1
EMERALD ADVISERS, LLC trimmed860,819$28M2.5%2026-Q1
DIMENSIONAL FUND ADVISORS LP added845,693$28M2.4%2026-Q1
LOOMIS SAYLES & CO L P added827,109$27M2.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added802,223$26M2.3%2026-Q1
Divisar Capital Management LLC trimmed623,364$20M1.8%2026-Q1
EMERALD MUTUAL FUND ADVISERS TRUST594,610$19M1.7%2026-Q1
WASATCH ADVISORS LP trimmed507,737$17M1.4%2026-Q1
Silverberg Bernstein Capital Management LLC trimmed472,883$15M1.3%2026-Q1
Russell Investments Group, Ltd. added441,716$14M1.3%2026-Q1
ArrowMark Colorado Holdings LLC trimmed356,620$12M1.0%2026-Q1
DF DENT & CO INC new352,960$12M1.0%2026-Q1
NORTHERN TRUST CORP added352,559$12M1.0%2026-Q1
MORGAN STANLEY trimmed341,780$11M1.0%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed328,905$11M0.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added308,174$10M0.9%2026-Q1
FMR LLC added286,769$9M0.8%2026-Q1
Pillsbury Lake Capital LLC trimmed270,668$9M0.8%2026-Q1
VANGUARD FIDUCIARY TRUST CO new221,080$7M0.6%2026-Q1
HERALD INVESTMENT MANAGEMENT Ltd trimmed200,000$7M0.6%2026-Q1
Bank of New York Mellon Corp trimmed190,498$6M0.5%2026-Q1
Roubaix Capital, LLC trimmed181,937$6M0.5%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added156,515$5M0.4%2026-Q1
GOLDMAN SACHS GROUP INC trimmed151,048$5M0.4%2026-Q1
RICE HALL JAMES & ASSOCIATES, LLC added147,782$5M0.4%2026-Q1
Invesco Ltd. added144,340$5M0.4%2026-Q1
Squarepoint Ops LLC trimmed130,919$4M0.4%2026-Q1
Public Sector Pension Investment Board added114,525$4M0.3%2026-Q1
Nuveen, LLC added111,994$4M0.3%2026-Q1
Gem Investment Advisors, LLC105,526$3M0.3%2026-Q1
BROWN CAPITAL MANAGEMENT LLC trimmed104,322$3M0.3%2026-Q1
UBS Group AG added101,285$3M0.3%2026-Q1
Bridge City Capital, LLC trimmed100,771$3M0.3%2026-Q1
PRELUDE CAPITAL MANAGEMENT, LLC trimmed90,779$3M0.3%2026-Q1
SEI INVESTMENTS CO added90,393$3M0.3%2026-Q1
BANK OF AMERICA CORP /DE/ added85,776$3M0.2%2026-Q1
RHUMBLINE ADVISERS added84,547$3M0.2%2026-Q1
Inspire Advisors, LLC new84,169$3M0.2%2026-Q1
Lisanti Capital Growth, LLC trimmed81,365$3M0.2%2026-Q1
Legal & General Group Plc trimmed74,387$2M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added72,357$2M0.2%2026-Q1
WELLS FARGO & COMPANY/MN trimmed67,161$2M0.2%2026-Q1
DEUTSCHE BANK AG\ added65,812$2M0.2%2026-Q1
LPL Financial LLC added62,530$2M0.2%2026-Q1
Swiss National Bank62,400$2M0.2%2026-Q1
Dana Investment Advisors, Inc. added62,088$2M0.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added59,839$2M0.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed52,322$2M0.1%2026-Q1
Fisher Asset Management, LLC added51,444$2M0.1%2026-Q1
ACADIAN ASSET MANAGEMENT LLC trimmed50,988$2M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added48,467$2M0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC added47,654$2M0.1%2026-Q1
Legato Capital Management LLC trimmed43,760$1M0.1%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC trimmed41,191$1M0.1%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC trimmed39,824$1M0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. added44,980$1M0.1%2026-Q1
Creative Planning added38,927$1M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added38,752$1M0.1%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND added36,911$1M0.1%2026-Q1
LAZARD ASSET MANAGEMENT LLC added36,349$1M0.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC36,300$1M0.1%2026-Q1
CITADEL ADVISORS LLC trimmed34,588$1M0.1%2026-Q1
PRUDENTIAL FINANCIAL INC added33,562$1M0.1%2026-Q1
Williams Jones Wealth Management, LLC.32,000$1M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed30,707$1M0.1%2026-Q1
GSA CAPITAL PARTNERS LLP added30,378$994K0.1%2026-Q1
Arete Wealth Advisors, LLC new30,108$856K0.1%2026-Q1
VANGUARD GROUP INC trimmed2,831,484$81M7.0%2025-Q4 stale
CANNELL CAPITAL LLC new337,315$9M0.8%2025-Q3 stale
SEGALL BRYANT & HAMILL, LLC added197,691$4M0.4%2025-Q2 stale
Kent Lake PR LLC added150,000$4M0.3%2025-Q3 stale
MAK CAPITAL ONE LLC new160,020$3M0.3%2025-Q2 stale
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed107,649$3M0.3%2025-Q4 stale
ExodusPoint Capital Management, LP added105,790$3M0.2%2025-Q3 stale
RENAISSANCE TECHNOLOGIES LLC added90,100$2M0.2%2025-Q3 stale
ALGERT GLOBAL LLC trimmed89,292$2M0.2%2025-Q3 stale
TWO SIGMA INVESTMENTS, LP added64,986$2M0.2%2025-Q4 stale
Qube Research & Technologies Ltd trimmed57,860$1M0.1%2025-Q3 stale
JANE STREET GROUP, LLC added49,156$1M0.1%2025-Q4 stale
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed48,553$1M0.1%2025-Q4 stale
Verition Fund Management LLC added37,536$1M0.1%2025-Q4 stale
MARSHALL WACE, LLP trimmed48,707$1M0.1%2025-Q2 stale
Walleye Capital LLC added46,604$996K0.1%2025-Q2 stale
Janney Montgomery Scott LLC new44,198$945K0.1%2025-Q2 stale
ROYCE & ASSOCIATES LP trimmed48,513$927K0.1%2025-Q1 stale
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added32,230$920K0.1%2025-Q4 stale
HRT FINANCIAL LP added35,058$905K0.1%2025-Q3 stale
FIRST TRUST ADVISORS LP trimmed34,767$898K0.1%2025-Q3 stale
TWO SIGMA ADVISERS, LP added30,900$882K0.1%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership