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Provident Financial Services

161 hedge funds and large institutions have $1.15B invested in Provident Financial Services in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

9% more capital invested

Capital invested by funds: $1.06B → $1.15B (+$98.6M)

5% more funds holding

Funds holding: 154161 (+7)

2.75% more ownership

Funds ownership: 62.39%65.14% (+2.8%)

25% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 57

Holders
161
Holders Change
+7
Holders Change %
+4.55%
% of All Funds
4.01%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
21
Increased
43
Reduced
57
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$5.41M +$1.33M +52,503 +35%
BGIM
27
Brandywine Global Investment Management
Pennsylvania
$5.28M -$514K -20,276 -9%
California Public Employees Retirement System
28
California Public Employees Retirement System
California
$5.13M +$57.5K +2,266 +1%
MAM
29
Martingale Asset Management
Massachusetts
$4.77M -$86.2K -3,400 -2%
Bank of America
30
Bank of America
North Carolina
$4.69M -$146K -5,748 -3%
HAI
31
Hennessy Advisors Inc
California
$4.55M -$317K -12,500 -7%
PPA
32
Parametric Portfolio Associates
Washington
$4.28M -$188K -7,421 -4%
CAM
33
Cortina Asset Management
Wisconsin
$3.66M +$3.48M +137,184 New
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$3.47M +$70.1K +2,763 +2%
Wells Fargo
35
Wells Fargo
California
$3.42M +$724K +28,561 +29%
Legal & General Group
36
Legal & General Group
United Kingdom
$3.37M +$153K +6,036 +5%
PI
37
PineBridge Investments
New York
$3.15M +$1.95K +77 +0.1%
CS
38
Credit Suisse
Switzerland
$3.02M +$1.08M +42,664 +61%
Morgan Stanley
39
Morgan Stanley
New York
$2.86M -$329K -12,974 -11%
Swiss National Bank
40
Swiss National Bank
Switzerland
$2.79M
JP Morgan Chase
41
JP Morgan Chase
New York
$2.7M -$400K -15,763 -14%
Deutsche Bank
42
Deutsche Bank
Germany
$2.69M -$1.19M -46,943 -32%
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$2.63M -$267K -10,545 -10%
UBS Group
44
UBS Group
Switzerland
$2.29M +$192K +7,557 +10%
Robeco Institutional Asset Management
45
Robeco Institutional Asset Management
Netherlands
$2.26M
AllianceBernstein
46
AllianceBernstein
Tennessee
$2.25M
Citadel Advisors
47
Citadel Advisors
Florida
$2.2M -$934K -36,843 -31%
Canada Life
48
Canada Life
Manitoba, Canada
$2.17M -$162K -6,385 -7%
WI
49
WBI Investments
New Jersey
$2.04M +$1.94M +76,649 New
Bessemer Group
50
Bessemer Group
New Jersey
$1.89M -$86.2K -3,400 -5%

PFS Hedge Fund Activity: Q3 2017 in Review

161 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2017, worth a combined $1.15B — up 9.3% from $1.06B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PFS positions and 12 closed out — a net gain of 9 holders — while 43 added to existing stakes and 57 trimmed.

The largest buyer was Beacon Investment Advisory Services, opening a new position worth an estimated $29.4M. The largest seller was Keeley-Teton Advisors, cutting an estimated $5.72M.

  • 161 institutional investors held Provident Financial Services (PFS) as of Q3 2017, up from 154 in Q2 2017.
  • Funds reported $1.15B of Provident Financial Services stock for Q3 2017, up 9.3% quarter-over-quarter.
  • 21 funds opened new Provident Financial Services positions in Q3 2017 and 12 closed out, a net change of +9 holders.
  • The largest Provident Financial Services buyer in Q3 2017 was Beacon Investment Advisory Services, an estimated $29.4M added.
  • The largest Provident Financial Services seller in Q3 2017 was Keeley-Teton Advisors, an estimated $5.72M sold.

Based on aggregated 13F filings for Q3 2017.