We are live on ! Find out more
PFS icon

Provident Financial Services
PFS

165 hedge funds and large institutions have $648M invested in Provident Financial Services in 2020 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

417% more call options, than puts

Call options by funds: $895K | Put options by funds: $173K

107% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 15

14% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 49

14% more capital invested

Capital invested by funds: $570M → $648M (+$78.6M)

11% more funds holding

Funds holding: 149 → 165 (+16)

0.97% more ownership

Funds ownership: 67.02% → 67.99% (+0.97%)

Holders
165
Holders Change
+16
Holders Change %
+10.74%
% of All Funds
3.38%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
31
Increased
56
Reduced
49
Closed
15
Calls
$895K
Puts
$173K
Net Calls
+$722K
Net Calls Change
+$82K

Top Buyers

1
ProShare Advisors
ProShare Advisors
Maryland
+$7.02M
2
JAM
Jacobs Asset Management
New York
+$6.51M
3
WHG
Westwood Holdings Group
Texas
+$4.87M
4
MSL
Mackay Shields LLC
New York
+$2.46M
5
JP Morgan Chase
JP Morgan Chase
New York
+$2.04M

Top Sellers

1
Invesco
Invesco
Georgia
-$12.6M
2
Goldman Sachs
Goldman Sachs
New York
-$4.2M
3
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$3.66M
4
Renaissance Technologies
Renaissance Technologies
New York
-$3.41M
5
Victory Capital Management
Victory Capital Management
Texas
-$2.42M
Name Holding Trade Value Shares
Change 		Change in
Stake
PPA
26
Parametric Portfolio Associates
Washington
$3.47M +$1.1M +82,059 +52%
BCM
27
Bridgeway Capital Management
Texas
$3.44M – – –
Morgan Stanley
28
Morgan Stanley
New York
$3M +$193K +14,477 +8%
RhumbLine Advisers
29
RhumbLine Advisers
Massachusetts
$2.94M -$229K -17,105 -8%
MSL
30
Mackay Shields LLC
New York
$2.84M +$2.46M +184,300 +1,486%
WG
31
Winton Group
United Kingdom
$2.79M +$1.18M +88,355 +84%
Wells Fargo
32
Wells Fargo
California
$2.78M +$510K +38,153 +25%
Legal & General Group
33
Legal & General Group
United Kingdom
$2.73M +$47.2K +3,529 +2%
BIAS
34
Beacon Investment Advisory Services
New Jersey
$2.41M +$46.7K +3,495 +2%
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$2.38M +$1.15M +85,907 +109%
Invesco
36
Invesco
Georgia
$2.36M -$12.6M -939,796 -85%
State of New Jersey Common Pension Fund D
37
State of New Jersey Common Pension Fund D
New Jersey
$2.23M +$397K +29,730 +24%
MS
38
Maven Securities
Jersey
$2.17M +$2.01M +150,423 New
Russell Investments Group
39
Russell Investments Group
United Kingdom
$2.13M +$56.1K +4,196 +3%
Carson Wealth (CWM LLC)
40
Carson Wealth (CWM LLC)
Nebraska
$2.11M – – –
Swiss National Bank
41
Swiss National Bank
Switzerland
$2.02M +$245K +18,300 +15%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$2M -$7.27K -544 -0.4%
Two Sigma Advisers
43
Two Sigma Advisers
New York
$1.97M +$688K +51,500 +61%
Public Sector Pension Investment Board (PSP Investments)
44
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.94M – – –
Assenagon Asset Management
45
Assenagon Asset Management
Luxembourg
$1.66M +$1.53M +114,709 New
Two Sigma Investments
46
Two Sigma Investments
New York
$1.63M +$422K +31,553 +39%
Bank of America
47
Bank of America
North Carolina
$1.53M +$556K +41,629 +65%
AllianceBernstein
48
AllianceBernstein
Tennessee
$1.42M +$42.8K +3,206 +3%
Los Angeles Capital Management
49
Los Angeles Capital Management
California
$1.35M -$7.15K -535 -0.6%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$1.33M – – –
1
2
3 4 5

PFS Hedge Fund Activity: Q2 2020 in Review

165 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2020, worth a combined $648M — up 14% from $570M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new PFS positions and 15 closed out — a net gain of 16 holders — while 56 added to existing stakes and 49 trimmed.

The largest buyer was ProShare Advisors, opening a new position worth an estimated $7.02M. The largest seller was Invesco, cutting an estimated $12.6M.

  • 165 institutional investors held Provident Financial Services (PFS) as of Q2 2020, up from 149 in Q1 2020.
  • Funds reported $648M of Provident Financial Services stock for Q2 2020, up 14% quarter-over-quarter.
  • 31 funds opened new Provident Financial Services positions in Q2 2020 and 15 closed out, a net change of +16 holders.
  • The largest Provident Financial Services buyer in Q2 2020 was ProShare Advisors, an estimated $7.02M added.
  • The largest Provident Financial Services seller in Q2 2020 was Invesco, an estimated $12.6M sold.

Based on aggregated 13F filings for Q2 2020.