Provident Financial Services
196 hedge funds and large institutions have $1.04B invested in Provident Financial Services in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 66 reducing their positions, and 26 closing their positions.
190% more call options, than puts
Call options by funds: $458K | Put options by funds: $158K
2.8% more ownership
Funds ownership: 69.07% → 71.86% (+2.8%)
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
5% more capital invested
Capital invested by funds: $988M → $1.04B (+$49.2M)
1% more funds holding
Funds holding: 195 → 196 (+1)
6% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 66
Top Buyers
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$17.7M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$10.3M |
| 4 |
Millennium Management
New York
|
+$6.64M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.05M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$8.1M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$7.05M |
| 3 |
Renaissance Technologies
New York
|
-$5.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.63M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.2M |
PFS Hedge Fund Activity: Q1 2023 in Review
196 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2023, worth a combined $1.04B — up 5% from $988M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PFS positions and 26 closed out — a net gain of 2 holders — while 62 added to existing stakes and 66 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $17.7M. The largest seller was Goldman Sachs, cutting an estimated $8.1M.
- 196 institutional investors held Provident Financial Services (PFS) as of Q1 2023, up from 195 in Q4 2022.
- Funds reported $1.04B of Provident Financial Services stock for Q1 2023, up 5% quarter-over-quarter.
- 28 funds opened new Provident Financial Services positions in Q1 2023 and 26 closed out, a net change of +2 holders.
- The largest Provident Financial Services buyer in Q1 2023 was Janus Henderson Group, an estimated $17.7M added.
- The largest Provident Financial Services seller in Q1 2023 was Goldman Sachs, an estimated $8.1M sold.
Based on aggregated 13F filings for Q1 2023.