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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 4,866,177 | $159M | 13.9% | 2026-Q1 |
| NEEDHAM INVESTMENT MANAGEMENT LLC added | 2,022,700 | $66M | 5.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,400,722 | $46M | 4.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,388,122 | $45M | 4.0% | 2026-Q1 |
| Ranger Investment Management, L.P. added | 1,279,630 | $42M | 3.6% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 1,255,559 | $41M | 3.6% | 2026-Q1 |
| STATE STREET CORP added | 1,192,408 | $39M | 3.4% | 2026-Q1 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC added | 1,140,547 | $37M | 3.2% | 2026-Q1 |
| Ophir Asset Management Pty Ltd added | 1,137,349 | $37M | 3.2% | 2026-Q1 |
| SNYDER CAPITAL MANAGEMENT L P added | 1,060,478 | $35M | 3.0% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 1,035,666 | $34M | 2.9% | 2026-Q1 |
| Samjo Management, LLC trimmed | 919,955 | $30M | 2.6% | 2026-Q1 |
| EMERALD ADVISERS, LLC trimmed | 860,819 | $28M | 2.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 845,693 | $28M | 2.4% | 2026-Q1 |
| LOOMIS SAYLES & CO L P added | 827,109 | $27M | 2.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 802,223 | $26M | 2.3% | 2026-Q1 |
| Divisar Capital Management LLC trimmed | 623,364 | $20M | 1.8% | 2026-Q1 |
| EMERALD MUTUAL FUND ADVISERS TRUST | 594,610 | $19M | 1.7% | 2026-Q1 |
| WASATCH ADVISORS LP trimmed | 507,737 | $17M | 1.4% | 2026-Q1 |
| Silverberg Bernstein Capital Management LLC trimmed | 472,883 | $15M | 1.3% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 441,716 | $14M | 1.3% | 2026-Q1 |
| ArrowMark Colorado Holdings LLC trimmed | 356,620 | $12M | 1.0% | 2026-Q1 |
| DF DENT & CO INC new | 352,960 | $12M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 352,559 | $12M | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 341,780 | $11M | 1.0% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 328,905 | $11M | 0.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 308,174 | $10M | 0.9% | 2026-Q1 |
| FMR LLC added | 286,769 | $9M | 0.8% | 2026-Q1 |
| Pillsbury Lake Capital LLC trimmed | 270,668 | $9M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 221,080 | $7M | 0.6% | 2026-Q1 |
| HERALD INVESTMENT MANAGEMENT Ltd trimmed | 200,000 | $7M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 190,498 | $6M | 0.5% | 2026-Q1 |
| Roubaix Capital, LLC trimmed | 181,937 | $6M | 0.5% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 156,515 | $5M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 151,048 | $5M | 0.4% | 2026-Q1 |
| RICE HALL JAMES & ASSOCIATES, LLC added | 147,782 | $5M | 0.4% | 2026-Q1 |
| Invesco Ltd. added | 144,340 | $5M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 130,919 | $4M | 0.4% | 2026-Q1 |
| Public Sector Pension Investment Board added | 114,525 | $4M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 111,994 | $4M | 0.3% | 2026-Q1 |
| Gem Investment Advisors, LLC | 105,526 | $3M | 0.3% | 2026-Q1 |
| BROWN CAPITAL MANAGEMENT LLC trimmed | 104,322 | $3M | 0.3% | 2026-Q1 |
| UBS Group AG added | 101,285 | $3M | 0.3% | 2026-Q1 |
| Bridge City Capital, LLC trimmed | 100,771 | $3M | 0.3% | 2026-Q1 |
| PRELUDE CAPITAL MANAGEMENT, LLC trimmed | 90,779 | $3M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 90,393 | $3M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 85,776 | $3M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 84,547 | $3M | 0.2% | 2026-Q1 |
| Inspire Advisors, LLC new | 84,169 | $3M | 0.2% | 2026-Q1 |
| Lisanti Capital Growth, LLC trimmed | 81,365 | $3M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 74,387 | $2M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 72,357 | $2M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 67,161 | $2M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 65,812 | $2M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 62,530 | $2M | 0.2% | 2026-Q1 |
| Swiss National Bank | 62,400 | $2M | 0.2% | 2026-Q1 |
| Dana Investment Advisors, Inc. added | 62,088 | $2M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 59,839 | $2M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 52,322 | $2M | 0.1% | 2026-Q1 |
| Fisher Asset Management, LLC added | 51,444 | $2M | 0.1% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 50,988 | $2M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 48,467 | $2M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 47,654 | $2M | 0.1% | 2026-Q1 |
| Legato Capital Management LLC trimmed | 43,760 | $1M | 0.1% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 41,191 | $1M | 0.1% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 39,824 | $1M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 44,980 | $1M | 0.1% | 2026-Q1 |
| Creative Planning added | 38,927 | $1M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 38,752 | $1M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 36,911 | $1M | 0.1% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 36,349 | $1M | 0.1% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC | 36,300 | $1M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 34,588 | $1M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 33,562 | $1M | 0.1% | 2026-Q1 |
| Williams Jones Wealth Management, LLC. | 32,000 | $1M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 30,707 | $1M | 0.1% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP added | 30,378 | $994K | 0.1% | 2026-Q1 |
| Arete Wealth Advisors, LLC new | 30,108 | $856K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 2,831,484 | $81M | 7.0% | 2025-Q4 stale |
| CANNELL CAPITAL LLC new | 337,315 | $9M | 0.8% | 2025-Q3 stale |
| SEGALL BRYANT & HAMILL, LLC added | 197,691 | $4M | 0.4% | 2025-Q2 stale |
| Kent Lake PR LLC added | 150,000 | $4M | 0.3% | 2025-Q3 stale |
| MAK CAPITAL ONE LLC new | 160,020 | $3M | 0.3% | 2025-Q2 stale |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 107,649 | $3M | 0.3% | 2025-Q4 stale |
| ExodusPoint Capital Management, LP added | 105,790 | $3M | 0.2% | 2025-Q3 stale |
| RENAISSANCE TECHNOLOGIES LLC added | 90,100 | $2M | 0.2% | 2025-Q3 stale |
| ALGERT GLOBAL LLC trimmed | 89,292 | $2M | 0.2% | 2025-Q3 stale |
| TWO SIGMA INVESTMENTS, LP added | 64,986 | $2M | 0.2% | 2025-Q4 stale |
| Qube Research & Technologies Ltd trimmed | 57,860 | $1M | 0.1% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 49,156 | $1M | 0.1% | 2025-Q4 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 48,553 | $1M | 0.1% | 2025-Q4 stale |
| Verition Fund Management LLC added | 37,536 | $1M | 0.1% | 2025-Q4 stale |
| MARSHALL WACE, LLP trimmed | 48,707 | $1M | 0.1% | 2025-Q2 stale |
| Walleye Capital LLC added | 46,604 | $996K | 0.1% | 2025-Q2 stale |
| Janney Montgomery Scott LLC new | 44,198 | $945K | 0.1% | 2025-Q2 stale |
| ROYCE & ASSOCIATES LP trimmed | 48,513 | $927K | 0.1% | 2025-Q1 stale |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 32,230 | $920K | 0.1% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 35,058 | $905K | 0.1% | 2025-Q3 stale |
| FIRST TRUST ADVISORS LP trimmed | 34,767 | $898K | 0.1% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 30,900 | $882K | 0.1% | 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.
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.