We are live on ! Find out more
PFS icon

Provident Financial Services
PFS

125 hedge funds and large institutions have $598M invested in Provident Financial Services in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 35 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

51% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 35

8% more funds holding

Funds holding: 116 → 125 (+9)

3% more capital invested

Capital invested by funds: $578M → $598M (+$20.1M)

0.3% more ownership

Funds ownership: 61.42% → 61.72% (+0.3%)

Holders
125
Holders Change
+9
Holders Change %
+7.76%
% of All Funds
4.05%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
53
Reduced
35
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
IG
ING Group
Netherlands
+$4.22M
2
BFA
BlackRock Fund Advisors
California
+$3.93M
3
HAI
Hennessy Advisors Inc
California
+$3.29M
4
TA
Teachers Advisors
New York
+$2.77M
5
KAM
Keeley Asset Management
Illinois
+$2.3M

Top Sellers

1
ICM
IronBridge Capital Management
Illinois
-$13.3M
2
VOYA Investment Management
VOYA Investment Management
Georgia
-$9.86M
3
FG
FSI Group
Ohio
-$3.24M
4
AQR Capital Management
AQR Capital Management
Connecticut
-$1.75M
5
PIM
Perkins Investment Management
Illinois
-$1.59M
Name Holding Trade Value Shares
Change 		Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$4.14M -$144K -8,548 -3%
IG
27
ING Group
Netherlands
$4.05M +$4.22M +250,000 New
BIM
28
BlackRock Investment Management
Delaware
$3.82M -$5.74K -340 -0.1%
RCAMU
29
Rothschild & Co Asset Management US
Connecticut
$3.73M -$527K -31,236 -12%
Renaissance Technologies
30
Renaissance Technologies
New York
$3.38M +$1.77M +104,663 +101%
BGIM
31
Brandywine Global Investment Management
Pennsylvania
$3.38M – – –
Bank of America
32
Bank of America
North Carolina
$3.24M -$72.1K -4,271 -2%
HAI
33
Hennessy Advisors Inc
California
$3.16M +$3.29M +195,000 New
Charles Schwab
34
Charles Schwab
California
$3.02M +$189K +11,171 +6%
SONJCPFA
35
State of New Jersey Common Pension Fund A
New Jersey
$2.92M – – –
Invesco
36
Invesco
Georgia
$2.33M +$415K +24,572 +21%
BT
37
Beacon Trust
New Jersey
$2.28M -$31.4K -1,858 -1%
KCM
38
Kennedy Capital Management
Missouri
$2.23M -$669K -39,637 -22%
BCM
39
Bridgeway Capital Management
Texas
$2.22M – – –
Public Sector Pension Investment Board (PSP Investments)
40
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.08M +$429K +25,400 +25%
New York State Common Retirement Fund
41
New York State Common Retirement Fund
New York
$2.06M – – –
AL
42
AJO LP
Pennsylvania
$2.02M +$2.1M +124,500 New
AllianceBernstein
43
AllianceBernstein
Tennessee
$1.91M +$3.44K +204 +0.2%
RFC
44
Russell Frank Company
Washington
$1.9M +$419K +24,846 +27%
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$1.78M -$17.4K -1,030 -0.9%
NI
46
Numeric Investors
Massachusetts
$1.75M +$1.83M +108,252 New
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$1.74M +$56.4K +3,344 +3%
VOYA Investment Management
48
VOYA Investment Management
Georgia
$1.7M -$9.86M -584,336 -85%
PPA
49
Parametric Portfolio Associates
Washington
$1.62M +$182K +10,782 +12%
State Board of Administration of Florida Retirement System
50
State Board of Administration of Florida Retirement System
Florida
$1.61M – – –
1
2
3 4 5

PFS Hedge Fund Activity: Q3 2013 in Review

125 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2013, worth a combined $598M — up 3.5% from $578M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFS positions and 7 closed out — a net gain of 10 holders — while 53 added to existing stakes and 35 trimmed.

The largest buyer was ING Group, opening a new position worth an estimated $4.22M. The largest seller was IronBridge Capital Management, exiting entirely with an estimated $13.3M sold.

  • 125 institutional investors held Provident Financial Services (PFS) as of Q3 2013, up from 116 in Q2 2013.
  • Funds reported $598M of Provident Financial Services stock for Q3 2013, up 3.5% quarter-over-quarter.
  • 17 funds opened new Provident Financial Services positions in Q3 2013 and 7 closed out, a net change of +10 holders.
  • The largest Provident Financial Services buyer in Q3 2013 was ING Group, an estimated $4.22M added.
  • The largest Provident Financial Services seller in Q3 2013 was IronBridge Capital Management, an estimated $13.3M sold.

Based on aggregated 13F filings for Q3 2013.