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Provident Financial Services

167 hedge funds and large institutions have $1.08B invested in Provident Financial Services in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 45 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 45

5% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 20

0.26% more ownership

Funds ownership: 66.58%66.84% (+0.26%)

1% less funds holding

Funds holding: 169167 (-2)

6% less capital invested

Capital invested by funds: $1.15B → $1.08B (-$65.8M)

Holders
167
Holders Change
-2
Holders Change %
-1.18%
% of All Funds
3.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
66
Reduced
45
Closed
20
Calls
$2.8M
Puts
Net Calls
+$2.8M
Net Calls Change
+$2.8M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
26
Parametric Portfolio Associates
Washington
$6.46M -$807K -31,854 -11%
BCM
27
Bridgeway Capital Management
Texas
$5.17M
Wells Fargo
28
Wells Fargo
California
$4.64M -$14.3K -564 -0.3%
RhumbLine Advisers
29
RhumbLine Advisers
Massachusetts
$4.63M +$83.7K +3,306 +2%
Grantham, Mayo, Van Otterloo & Co (GMO)
30
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$4.58M +$2.84M +112,000 +146%
BIAS
31
Beacon Investment Advisory Services
New Jersey
$4.27M -$159K -6,266 -3%
MAP
32
Moody Aldrich Partners
Massachusetts
$4.04M +$111K +4,374 +3%
Legal & General Group
33
Legal & General Group
United Kingdom
$3.84M -$6.38K -252 -0.2%
Citadel Advisors
34
Citadel Advisors
Florida
$3.78M +$1.95M +76,917 +97%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$3.68M -$717K -28,325 -16%
BGIM
36
Brandywine Global Investment Management
Pennsylvania
$3.64M -$66.2K -2,615 -2%
Bessemer Group
37
Bessemer Group
New Jersey
$3.5M +$81K +3,200 +2%
Public Sector Pension Investment Board (PSP Investments)
38
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.28M +$2M +78,900 +140%
Bank of America
39
Bank of America
North Carolina
$2.97M +$591K +23,331 +23%
Swiss National Bank
40
Swiss National Bank
Switzerland
$2.84M +$35.5K +1,400 +1%
AllianceBernstein
41
AllianceBernstein
Tennessee
$2.68M +$679K +26,800 +32%
HIM
42
Hillsdale Investment Management
Ontario, Canada
$2.56M +$274K +10,800 +11%
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$2.52M -$560K -22,098 -18%
ZIM
44
Zacks Investment Management
Illinois
$2.49M -$2.55M -100,648 -50%
ASRS
45
Arizona State Retirement System
Arizona
$2.31M +$19.7K +777 +0.8%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$2.31M +$26.7K +1,055 +1%
Carson Wealth (CWM LLC)
47
Carson Wealth (CWM LLC)
Nebraska
$2.11M
Canada Life
48
Canada Life
Manitoba, Canada
$1.99M -$75.1K -2,964 -3%
Assenagon Asset Management
49
Assenagon Asset Management
Luxembourg
$1.93M +$2.01M +79,394 New
Barclays
50
Barclays
United Kingdom
$1.88M +$621K +24,530 +46%

PFS Hedge Fund Activity: Q2 2019 in Review

167 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2019, worth a combined $1.08B — down 5.7% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PFS positions and 20 closed out — a net gain of 1 holder — while 66 added to existing stakes and 45 trimmed.

The largest buyer was Nuveen, opening a new position worth an estimated $10.1M. The largest seller was Keeley-Teton Advisors, cutting an estimated $3.23M.

  • 167 institutional investors held Provident Financial Services (PFS) as of Q2 2019, down from 169 in Q1 2019.
  • Funds reported $1.08B of Provident Financial Services stock for Q2 2019, down 5.7% quarter-over-quarter.
  • 21 funds opened new Provident Financial Services positions in Q2 2019 and 20 closed out, a net change of +1 holder.
  • The largest Provident Financial Services buyer in Q2 2019 was Nuveen, an estimated $10.1M added.
  • The largest Provident Financial Services seller in Q2 2019 was Keeley-Teton Advisors, an estimated $3.23M sold.

Based on aggregated 13F filings for Q2 2019.