Samjo Management Loads Up 185,000 PDF Solutions Shares

Core Insights - Samjo Management, LLC has increased its stake in PDF Solutions, making it the fund's largest holding, now accounting for 11.1% of its assets under management (AUM) [1][3][8] - The fund acquired an additional 184,925 shares in the third quarter, bringing the total to 551,250 shares with a market value of approximately $14.23 million as of September 30, 2025 [2][3] - PDF Solutions reported trailing twelve months (TTM) revenue of $206.71 million and a net loss of $0.05 million, with a market capitalization of $1.03 billion [3][6] Company Overview - PDF Solutions, Inc. specializes in advanced software and hardware solutions for semiconductor manufacturing and analytics, helping clients optimize production processes and improve yield [5][7] - The company generates revenue primarily through software licensing, hardware sales, and professional services aimed at enhancing semiconductor yield and manufacturing efficiency [7] - PDF Solutions serves a global customer base, including integrated device manufacturers, fabless semiconductor companies, foundries, and electronics manufacturing suppliers [7] Financial Performance - As of November 12, 2025, PDF Solutions' shares were priced at $25.97, reflecting a 20.9% decline over the past year, underperforming the S&P 500 by 36.07 percentage points [6] - The position in PDF Solutions was previously 8.4% of the fund's AUM, indicating a significant increase in investment [6][8] - The company appears to have been acquired at near five-year lows, suggesting a strategic move by Samjo Management to capitalize on a potential bargain [11]