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Provident Financial Services

142 hedge funds and large institutions have $697M invested in Provident Financial Services in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

11% more capital invested

Capital invested by funds: $626M → $697M (+$71.2M)

1% more funds holding

Funds holding: 141142 (+1)

0.66% more ownership

Funds ownership: 58.58%59.25% (+0.66%)

0% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 50

Holders
142
Holders Change
+1
Holders Change %
+0.71%
% of All Funds
3.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
50
Reduced
50
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$4.92M +$372K +21,286 +8%
MCM
27
Maltese Capital Management
New York
$4.59M -$434K -24,800 -9%
BGIM
28
Brandywine Global Investment Management
Pennsylvania
$4.48M
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$4.4M +$82.2K +4,700 +2%
BMCMI
30
Bryn Mawr Capital Management Inc
Pennsylvania
$4.16M -$1.73M -98,975 -30%
BIM
31
BlackRock Investment Management
Delaware
$3.93M -$35.8K -2,046 -0.9%
Arrowstreet Capital
32
Arrowstreet Capital
Massachusetts
$3.93M -$406K -23,235 -10%
Charles Schwab
33
Charles Schwab
California
$3.87M +$127K +7,277 +4%
Jennison Associates
34
Jennison Associates
New York
$3.36M +$292K +16,688 +10%
RCAMU
35
Rothschild & Co Asset Management US
Connecticut
$3.23M -$2.33K -133 -0.1%
NI
36
Numeric Investors
Massachusetts
$3.23M +$261K +14,900 +9%
Invesco
37
Invesco
Georgia
$3.1M +$15.5K +887 +0.5%
NFA
38
Nationwide Fund Advisors
Ohio
$3.04M -$28.2K -1,610 -0.9%
PPA
39
Parametric Portfolio Associates
Washington
$2.89M -$190K -10,889 -6%
Millennium Management
40
Millennium Management
New York
$2.87M -$7.19M -411,307 -72%
Comerica Bank
41
Comerica Bank
Texas
$2.6M +$1.55M +88,810 +161%
BCM
42
Bridgeway Capital Management
Texas
$2.48M
BT
43
Beacon Trust
New Jersey
$2.45M
Citadel Advisors
44
Citadel Advisors
Florida
$2.32M -$542K -31,003 -19%
Morgan Stanley
45
Morgan Stanley
New York
$2.31M -$73.7K -4,217 -3%
JP Morgan Chase
46
JP Morgan Chase
New York
$2.13M -$205K -11,736 -9%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$2.02M +$8.32K +476 +0.4%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$1.94M +$24.5K +1,400 +1%
Bank of America
49
Bank of America
North Carolina
$1.92M +$9.27K +530 +0.5%
Jacobs Levy Equity Management
50
Jacobs Levy Equity Management
New Jersey
$1.89M +$136K +7,800 +8%

PFS Hedge Fund Activity: Q4 2014 in Review

142 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2014, worth a combined $697M — up 11% from $626M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFS positions and 12 closed out — a net gain of 3 holders — while 50 added to existing stakes and 50 trimmed.

The largest buyer was Federated Hermes, adding an estimated $8.27M. The largest seller was Millennium Management, cutting an estimated $7.19M.

  • 142 institutional investors held Provident Financial Services (PFS) as of Q4 2014, up from 141 in Q3 2014.
  • Funds reported $697M of Provident Financial Services stock for Q4 2014, up 11% quarter-over-quarter.
  • 15 funds opened new Provident Financial Services positions in Q4 2014 and 12 closed out, a net change of +3 holders.
  • The largest Provident Financial Services buyer in Q4 2014 was Federated Hermes, an estimated $8.27M added.
  • The largest Provident Financial Services seller in Q4 2014 was Millennium Management, an estimated $7.19M sold.

Based on aggregated 13F filings for Q4 2014.