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Provident Financial Services

163 hedge funds and large institutions have $1.23B invested in Provident Financial Services in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 68 increasing their positions, 45 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 45

9% more capital invested

Capital invested by funds: $1.13B → $1.23B (+$99.4M)

0.55% more ownership

Funds ownership: 66.27%66.82% (+0.55%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 168163 (-5)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

Holders
163
Holders Change
-5
Holders Change %
-2.98%
% of All Funds
3.73%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
68
Reduced
45
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$6.93M +$27.2K +1,000 +0.4%
Wells Fargo
27
Wells Fargo
California
$6.86M -$3.26M -119,984 -33%
California Public Employees Retirement System
28
California Public Employees Retirement System
California
$5.89M +$189K +6,960 +3%
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$5.41M -$37.9K -1,396 -0.7%
PPA
30
Parametric Portfolio Associates
Washington
$5.36M +$298K +10,958 +6%
JP Morgan Chase
31
JP Morgan Chase
New York
$4.86M +$1.18M +43,458 +33%
Morgan Stanley
32
Morgan Stanley
New York
$4.66M +$197K +7,252 +4%
RhumbLine Advisers
33
RhumbLine Advisers
Massachusetts
$4.23M +$85.5K +3,147 +2%
CAM
34
Cortina Asset Management
Wisconsin
$4.21M -$11.2K -412 -0.3%
BGIM
35
Brandywine Global Investment Management
Pennsylvania
$4.17M -$354K -13,041 -8%
Legal & General Group
36
Legal & General Group
United Kingdom
$3.65M +$197K +7,266 +6%
BCM
37
Bridgeway Capital Management
Texas
$3.6M +$2.24M +82,300 +170%
MAP
38
Moody Aldrich Partners
Massachusetts
$3.44M +$1.45M +53,456 +75%
Swiss National Bank
39
Swiss National Bank
Switzerland
$3.03M
Bank of America
40
Bank of America
North Carolina
$2.74M -$289K -10,643 -10%
GC
41
Gillson Capital
Illinois
$2.69M +$204K +7,516 +8%
PI
42
PineBridge Investments
New York
$2.69M +$125K +4,604 +5%
HAI
43
Hennessy Advisors Inc
California
$2.68M -$475K -17,500 -15%
California State Teachers Retirement System (CalSTRS)
44
California State Teachers Retirement System (CalSTRS)
California
$2.61M +$26.9K +992 +1%
ASRS
45
Arizona State Retirement System
Arizona
$2.44M -$195K -7,164 -7%
Robeco Institutional Asset Management
46
Robeco Institutional Asset Management
Netherlands
$2.33M
AllianceBernstein
47
AllianceBernstein
Tennessee
$2.32M +$13.6K +500 +0.6%
Canada Life
48
Canada Life
Manitoba, Canada
$2.23M -$77.6K -2,858 -3%
CS
49
Credit Suisse
Switzerland
$2.08M -$198K -7,276 -9%
Russell Investments Group
50
Russell Investments Group
United Kingdom
$1.98M -$138K -5,062 -7%

PFS Hedge Fund Activity: Q2 2018 in Review

163 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2018, worth a combined $1.23B — up 8.8% from $1.13B a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of PFS and 12 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 68 added.

The largest buyer was BlackRock, adding an estimated $13M. The largest seller was Millennium Management, cutting an estimated $12.5M.

  • 163 institutional investors held Provident Financial Services (PFS) as of Q2 2018, down from 168 in Q1 2018.
  • Funds reported $1.23B of Provident Financial Services stock for Q2 2018, up 8.8% quarter-over-quarter.
  • 12 funds opened new Provident Financial Services positions in Q2 2018 and 15 closed out, a net change of -3 holders.
  • The largest Provident Financial Services buyer in Q2 2018 was BlackRock, an estimated $13M added.
  • The largest Provident Financial Services seller in Q2 2018 was Millennium Management, an estimated $12.5M sold.

Based on aggregated 13F filings for Q2 2018.