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Provident Financial Services

168 hedge funds and large institutions have $1.11B invested in Provident Financial Services in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 66 increasing their positions, 47 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 47

4% more capital invested

Capital invested by funds: $1.07B → $1.11B (+$45.8M)

0.79% more ownership

Funds ownership: 61.68%62.47% (+0.79%)

10% less funds holding

Funds holding: 187168 (-19)

66% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 29

94% less call options, than puts

Call options by funds: $15K | Put options by funds: $256K

Holders
168
Holders Change
-19
Holders Change %
-10.16%
% of All Funds
2.92%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
66
Reduced
47
Closed
29
Calls
$15K
Puts
$256K
Net Calls
-$241K
Net Calls Change
-$234K
Name Holding Trade Value Shares
Change
Change in
Stake
KTA
26
Keeley-Teton Advisors
Illinois
$6.26M -$81.8K -3,389 -1%
RhumbLine Advisers
27
RhumbLine Advisers
Massachusetts
$5.42M -$166K -6,893 -3%
Victory Capital Management
28
Victory Capital Management
Texas
$5.14M -$181K -7,515 -3%
BGIM
29
Brandywine Global Investment Management
Pennsylvania
$4.61M +$1.37M +56,920 +39%
Legal & General Group
30
Legal & General Group
United Kingdom
$4.24M -$1.14M -47,416 -20%
First Trust Advisors
31
First Trust Advisors
Illinois
$4.02M +$1.05M +43,490 +33%
Swiss National Bank
32
Swiss National Bank
Switzerland
$3.92M +$239K +9,900 +6%
Public Sector Pension Investment Board (PSP Investments)
33
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.39M
PCA
34
PL Capital Advisors
Florida
$3.2M
BIAS
35
Beacon Investment Advisory Services
New Jersey
$3M -$104K -4,305 -3%
AllianceBernstein
36
AllianceBernstein
Tennessee
$2.84M -$140K -5,789 -4%
Grantham, Mayo, Van Otterloo & Co (GMO)
37
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.74M -$65.2K -2,700 -2%
Bank of America
38
Bank of America
North Carolina
$2.58M -$2.36M -97,795 -46%
Goldman Sachs
39
Goldman Sachs
New York
$2.5M -$6.77M -280,357 -72%
BCM
40
BHZ Capital Management
California
$2.49M -$1.45M -60,259 -36%
KTC
41
Kistler-Tiffany Companies
Pennsylvania
$2.42M +$145 +6 +0%
California State Teachers Retirement System (CalSTRS)
42
California State Teachers Retirement System (CalSTRS)
California
$2.4M -$58K -2,402 -2%
GT
43
Glenmede Trust
Pennsylvania
$2.31M -$203K -8,421 -8%
Ohio Public Employees Retirement System (OPERS)
44
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.29M +$265 +11 +0%
SEI Investments
45
SEI Investments
Pennsylvania
$2.13M +$1.86M +77,024 +478%
Carson Wealth (CWM LLC)
46
Carson Wealth (CWM LLC)
Nebraska
$2.11M
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$2.04M +$391K +16,185 +22%
CS
48
Credit Suisse
Switzerland
$1.86M +$320K +13,248 +19%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$1.81M +$3.14K +130 +0.2%
CFG
50
Citizens Financial Group
Rhode Island
$1.54M +$1.63M +67,351 New

PFS Hedge Fund Activity: Q2 2021 in Review

168 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2021, worth a combined $1.11B — up 4.3% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of PFS and 10 opened new positions — a net loss of 19 holders — while 47 trimmed existing stakes and 66 added.

The largest buyer was American Century Companies, adding an estimated $31.3M. The largest seller was ProShare Advisors, cutting an estimated $12.6M.

  • 168 institutional investors held Provident Financial Services (PFS) as of Q2 2021, down from 187 in Q1 2021.
  • Funds reported $1.11B of Provident Financial Services stock for Q2 2021, up 4.3% quarter-over-quarter.
  • 10 funds opened new Provident Financial Services positions in Q2 2021 and 29 closed out, a net change of -19 holders.
  • The largest Provident Financial Services buyer in Q2 2021 was American Century Companies, an estimated $31.3M added.
  • The largest Provident Financial Services seller in Q2 2021 was ProShare Advisors, an estimated $12.6M sold.

Based on aggregated 13F filings for Q2 2021.