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Provident Financial Services

159 hedge funds and large institutions have $1.1B invested in Provident Financial Services in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 51 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 51

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

0.48% less ownership

Funds ownership: 64.55%64.07% (-0.48%)

4% less funds holding

Funds holding: 166159 (-7)

9% less capital invested

Capital invested by funds: $1.21B → $1.1B (-$106M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $4K

Holders
159
Holders Change
-7
Holders Change %
-4.22%
% of All Funds
3.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
53
Reduced
51
Closed
18
Calls
Puts
$4K
Net Calls
-$4K
Net Calls Change
-$3K
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
26
Thrivent Financial for Lutherans
Minnesota
$5.89M -$254K -9,590 -4%
BGIM
27
Brandywine Global Investment Management
Pennsylvania
$5.79M +$63.8K +2,407 +1%
JP Morgan Chase
28
JP Morgan Chase
New York
$5.7M -$1.83M -68,847 -24%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$5.1M -$45.1K -1,700 -0.9%
HAI
30
Hennessy Advisors Inc
California
$4.92M -$716K -27,000 -12%
Bank of America
31
Bank of America
North Carolina
$4.89M +$1.58M +59,678 +46%
MAM
32
Martingale Asset Management
Massachusetts
$4.76M
NFA
33
Nationwide Fund Advisors
Ohio
$3.76M -$182K -6,875 -5%
PPA
34
Parametric Portfolio Associates
Washington
$3.68M +$95.2K +3,589 +3%
Morgan Stanley
35
Morgan Stanley
New York
$3.31M -$3.66M -138,133 -52%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$3.28M +$859K +32,384 +34%
California State Teachers Retirement System (CalSTRS)
37
California State Teachers Retirement System (CalSTRS)
California
$3.11M -$151K -5,700 -5%
PI
38
PineBridge Investments
New York
$3.06M +$752K +28,359 +31%
PI
39
Putnam Investments
Massachusetts
$3M -$188K -7,100 -6%
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$2.94M +$965K +36,406 +47%
Legal & General Group
41
Legal & General Group
United Kingdom
$2.85M +$79.2K +2,988 +3%
Wells Fargo
42
Wells Fargo
California
$2.82M +$47.8K +1,802 +2%
Russell Investments Group
43
Russell Investments Group
United Kingdom
$2.7M +$24.4K +921 +0.9%
Swiss National Bank
44
Swiss National Bank
Switzerland
$2.53M
CS
45
Credit Suisse
Switzerland
$2.39M -$685K -25,832 -22%
Robeco Institutional Asset Management
46
Robeco Institutional Asset Management
Netherlands
$2.19M
Canada Life
47
Canada Life
Manitoba, Canada
$2.18M +$166K +6,256 +8%
AllianceBernstein
48
AllianceBernstein
Tennessee
$2.13M +$63.6K +2,400 +3%
Allianz Asset Management
49
Allianz Asset Management
Germany
$2.1M -$25.3M -955,483 -92%
Citadel Advisors
50
Citadel Advisors
Florida
$2.06M +$1.46M +54,897 +222%

PFS Hedge Fund Activity: Q1 2017 in Review

159 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2017, worth a combined $1.1B — down 8.8% from $1.21B a quarter earlier.

Fund positioning in PFS was balanced in Q1 2017: 18 funds opened new positions, 18 closed out, 53 added to existing stakes and 51 trimmed.

The largest buyer was BlackRock, adding an estimated $199M. The largest seller was Allianz Asset Management, cutting an estimated $25.3M.

  • 159 institutional investors held Provident Financial Services (PFS) as of Q1 2017, down from 166 in Q4 2016.
  • Funds reported $1.1B of Provident Financial Services stock for Q1 2017, down 8.8% quarter-over-quarter.
  • 18 funds opened new Provident Financial Services positions in Q1 2017 and 18 closed out, a net change of 0 holders.
  • The largest Provident Financial Services buyer in Q1 2017 was BlackRock, an estimated $199M added.
  • The largest Provident Financial Services seller in Q1 2017 was Allianz Asset Management, an estimated $25.3M sold.

Based on aggregated 13F filings for Q1 2017.