Photronics

PLAB • NASDAQ

Photronics is a semiconductors company in the technology sector on NASDAQ, led by Dr. Frank Lee, with a market cap of $2.1B. As of Q3 2025, 91% of shares are held by 263 institutional investors, with BlackRock, Inc. as the largest holder at 14.9%.

Chief Executive OfficerDr. Frank Lee

Market Cap$2.1B

Semiconductors

Technology

Employees1.9K

Websitephotronics.com

Country

United States of America

Overview

Overview of institutional ownership in PLAB as of Q3 2025 with a market cap of $1.4B

All Institutions

Institutions: 263
Value Held: $1.2B
Shares Held: 53.7M
Avg Position: $4.7M
Median Position: $600.4K

Hedge Funds

Hedge Funds: 25
Value Held: $74.7M
Shares Held: 3.3M
Avg Position: $3.0M
Median Position: $646.4K

Ownership Breakdown

Institutional (non-HF)

85.53%

$1.2B

Hedge Funds

5.52%

$74.7M

Retail & Other

8.96%

$121.3M

Based on market cap of $1.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PLAB as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$201.8M 0.00% of portfolio	14.90% 8.8M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$132.6M 0.00% of portfolio	9.80% 5.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$93.9M 0.02% of portfolio	6.93% 4.1M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$57.7M 0.13% of portfolio	4.26% 2.5M shares	Q2 2020 Held for 5y 5m	$45.1B
A AMERICAN CENTURY COMPANIES INC Institution	-	$55.4M 0.03% of portfolio	4.09% 2.4M shares	Q2 2019 Held for 6y 5m	$195.93B
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$52.9M 0.03% of portfolio	3.91% 2.3M shares	Q4 2014 Held for 10y 11m	$158.22B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$51.5M 0.00% of portfolio	3.80% 2.2M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$42.3M 0.00% of portfolio	3.12% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$29.1M 0.00% of portfolio	2.15% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$23.9M 0.00% of portfolio	1.76% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B

Net Capital Flow

Institutional buying and selling activity for PLAB in Q3 2025

Traded: −$6.7M
Buyers: 124
Sellers: 133
Total Bought: +$110.3M
Total Sold: −$117.0M
Avg Position: $4.2M

Biggest Buyers

Institution	Net Bought	Current Position
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$46.3M +2.0M shares	$52.9M 2.3M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$8.4M +366.7K shares	$8.4M 366.7K shares
GOLDMAN SACHS GROUP INC Institution	+$4.4M +191.5K shares	$10.5M 458.4K shares
Brandywine Global Investment Management, LLC Long Only Manager	+$3.5M +152.7K shares	$3.5M 152.7K shares
Q Qube Research & Technologies Ltd Institution	+$3.0M +129.2K shares	$5.4M 233.5K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$3.0M +128.8K shares	$5.8M 252.6K shares
H HRT FINANCIAL LLC Institution	+$2.8M +124.0K shares	$2.8M 124.0K shares
J JANE STREET GROUP, LLC Institution	+$2.7M +119.4K shares	$3.9M 170.8K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$2.4M +106.1K shares	$55.4M 2.4M shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	+$2.4M +105.4K shares	$13.7M 597.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
Invesco Ltd. ETF Provider	−$20.3M −885.7K shares	$7.1M 309.8K shares
B BlackRock, Inc. Institution	−$14.0M −609.0K shares	$201.8M 8.8M shares
UBS Group AG Institution	−$5.5M −237.8K shares	$7.4M 322.3K shares
P Pacer Advisors, Inc. Institution	−$5.1M −272.6K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$4.8M −211.0K shares	$132.6M 5.8M shares
PRUDENTIAL FINANCIAL INC Institution	−$4.7M −204.5K shares	$2.4M 104.7K shares
D D. E. Shaw & Co., Inc. Institution	−$4.1M −179.1K shares	$1.1M 48.6K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$3.6M −159.0K shares	$579.6K 25.3K shares
THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager	−$3.6M −154.9K shares	$4.0M 173.2K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$3.3M −142.0K shares	$11.5M 502.3K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PLAB in Q3 2025

New Positions: 20
New Value: $5.8M
Exited Positions: 32
Exited Value: $13.3M

New Positions

Institution	Position Value
Morningstar Investment Management LLC Long Only Manager	$1.6M 71.8K shares
C CAXTON ASSOCIATES LLP Institution	$1.0M 43.8K shares
I ISTHMUS PARTNERS, LLC RIA/Wealth	$600.4K 26.2K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$595.0K 25.9K shares
ISAM Funds Ltd Hedge Fund•Quant	$418.8K 18.2K shares
KEYBANK NATIONAL ASSOCIATION/OH RIA/Wealth	$377.0K 16.4K shares
FourThought Financial Partners, LLC RIA/Wealth	$337.6K 14.7K shares
LEUTHOLD WEEDEN CAPITAL MANAGEMENT Long Only Manager	$249.5K 10.9K shares
Merit Financial Group, LLC RIA/Wealth	$227.7K 9.9K shares
HOHIMER WEALTH MANAGEMENT, LLC RIA/Wealth	$216.5K 9.4K shares

Exited Positions

Institution	Previous Position
P Pacer Advisors, Inc. Institution	$5.1M 272.6K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$1.3M 69.8K shares
C Concentric Capital Strategies, LP Hedge Fund•Long/Short	$1.2M 63.9K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$817.9K 43.4K shares
Nierenberg Investment Management Company, Inc. Hedge Fund•Value	$646.4K 34.3K shares
JENNISON ASSOCIATES LLC Long Only Manager	$528.0K 28.0K shares
Gotham Asset Management, LLC Hedge Fund•Long/Short	$483.5K 25.7K shares
T TEACHER RETIREMENT SYSTEM OF TEXAS Institution	$444.8K 23.6K shares
Quantbot Technologies LLC Hedge Fund•Quant	$362.3K 19.2K shares
M Maryland State Retirement & Pension System Institution	$347.4K 18.4K shares

Options Activity

Institutions with the largest Call and Put options positions in PLAB as of Q3 2025

Call Positions: 7
Call Value: $6.1M
Put Positions: 7
Put Value: $5.5M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.1M 911.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.7M 722.0 contracts
LEUCADIA NATIONAL CORP Institution	$1.1M 487.0 contracts
W WOLVERINE TRADING, LLC Institution	$555.3K 241.0 contracts
J JANE STREET GROUP, LLC Institution	$344.3K 150.0 contracts
Walleye Trading LLC RIA/Wealth	$227.2K 99.0 contracts
P PEAK6 LLC Institution	$59.7K 26.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.7M 1.2K contracts
LEUCADIA NATIONAL CORP Institution	$1.1M 487.0 contracts
P PEAK6 LLC Institution	$521.0K 227.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$511.8K 223.0 contracts
J JANE STREET GROUP, LLC Institution	$293.8K 128.0 contracts
W WOLVERINE TRADING, LLC Institution	$290.3K 126.0 contracts
BANK OF AMERICA CORP /DE/ Institution	- - contracts

Most Committed Institutions

Institutions with PLAB as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Meros Investment Management, LP Long Only Manager	Kenneth Scott Canon CEO	4.95% $11.6M	0.86% 504.8K shares	Q4 2021 Held for 3y 11m	$234.2M
M Mill Road Capital Management LLC Private Equity	Thomas Edward Lynch Chairman	3.88% $7.5M	0.55% 324.6K shares	Q1 2025 Held for 8 months	$191.8M
KESTREL INVESTMENT MANAGEMENT CORP Hedge Fund•Event Driven	David J. Steirman President	2.71% $4.8M	0.35% 209.2K shares	Q4 2024 Held for 11 months	$177.4M
Penbrook Management LLC RIA/Wealth	Robert Stephen Anderson Managing Partner	1.79% $2.6M	0.19% 111.4K shares	Q4 2017 Held for 7y 11m	$143.0M
NEEDHAM INVESTMENT MANAGEMENT LLC Hedge Fund•Long/Short	George Austin Needham CEO	1.22% $17.4M	1.29% 760.0K shares	≤ Q2 2013 Held for 12y 5m+	$1.4B
J JTC Employer Solutions Trusteee Ltd Institution	-	0.87% $4.4M	0.33% 191.9K shares	Q4 2023 Held for 1y 11m	$503.5M
Bridge City Capital, LLC Long Only Manager	Alexander Jackson Woodward President	0.83% $3.1M	0.23% 135.4K shares	Q3 2020 Held for 5y 2m	$374.5M
Levin Easterly Partners LLC Long Only Manager	Darrell William Crate Chairman	0.70% $10.4M	0.76% 451.1K shares	Q3 2021 Held for 4y 2m	$1.5B
DENALI ADVISORS LLC Long Only Manager	Robert Guenther Snigaroff CIO	0.61% $5.4M	0.40% 235.2K shares	Q4 2024 Held for 11 months	$885.1M
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	0.60% $11.2M	0.83% 490.1K shares	Q3 2019 Held for 6y 2m	$1.9B

Hedge Fund Spotlight

Discover hedge funds investing in PLAB

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Photronics

Market Value: $284.9K
Shares Held: 12.4K
Portfolio Weight: 0.00%
Owned Since: 2013-Q2

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%