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Provident Financial Services

142 hedge funds and large institutions have $697M invested in Provident Financial Services in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

11% more capital invested

Capital invested by funds: $626M → $697M (+$71.2M)

1% more funds holding

Funds holding: 141142 (+1)

0.66% more ownership

Funds ownership: 58.58%59.25% (+0.66%)

0% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 50

Holders
142
Holders Change
+1
Holders Change %
+0.71%
% of All Funds
3.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
50
Reduced
50
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Public Sector Pension Investment Board (PSP Investments)
51
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.82M
RhumbLine Advisers
52
RhumbLine Advisers
Massachusetts
$1.8M +$4.65K +266 +0.3%
AllianceBernstein
53
AllianceBernstein
Tennessee
$1.69M -$89.2K -5,100 -5%
First Trust Advisors
54
First Trust Advisors
Illinois
$1.61M -$503K -28,742 -24%
PGFC
55
Peapack-Gladstone Financial Corp
New Jersey
$1.6M
UBS Group
56
UBS Group
Switzerland
$1.41M +$1.36M +77,991 New
Wells Fargo
57
Wells Fargo
California
$1.3M -$164K -9,378 -12%
Los Angeles Capital Management
58
Los Angeles Capital Management
California
$1.29M -$66.9K -3,825 -5%
SCM
59
Sterling Capital Management
North Carolina
$1.27M -$11.9K -683 -1%
GT
60
Glenmede Trust
Pennsylvania
$1.25M -$57.7K -3,299 -5%
Swiss National Bank
61
Swiss National Bank
Switzerland
$1.2M +$89.2K +5,100 +8%
State Board of Administration of Florida Retirement System
62
State Board of Administration of Florida Retirement System
Florida
$1.19M -$10.7K -612 -0.9%
CS
63
Credit Suisse
Switzerland
$1.1M -$241K -13,768 -18%
BG
64
BlackRock Group
United Kingdom
$1.1M +$144K +8,261 +16%
KTC
65
Kistler-Tiffany Companies
Pennsylvania
$1.07M
AQR Capital Management
66
AQR Capital Management
Connecticut
$1.06M -$1.27M -72,826 -55%
SO
67
STRS Ohio
Ohio
$968K -$19.2K -1,100 -2%
Citigroup
68
Citigroup
New York
$928K +$597K +34,148 +199%
Two Sigma Investments
69
Two Sigma Investments
New York
$926K +$896K +51,262 New
State of New Jersey Common Pension Fund D
70
State of New Jersey Common Pension Fund D
New Jersey
$903K
TPSF
71
Texas Permanent School Fund
Texas
$876K -$6.23K -356 -0.7%
VOYA Investment Management
72
VOYA Investment Management
Georgia
$860K
Royal Bank of Canada
73
Royal Bank of Canada
Ontario, Canada
$846K +$543K +31,071 +197%
MLICM
74
Metropolitan Life Insurance Company (MetLife)
New York
$840K +$74.7K +4,270 +10%
AIG
75
American International Group
New York
$807K -$23.9K -1,369 -3%

PFS Hedge Fund Activity: Q4 2014 in Review

142 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2014, worth a combined $697M — up 11% from $626M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFS positions and 12 closed out — a net gain of 3 holders — while 50 added to existing stakes and 50 trimmed.

The largest buyer was Federated Hermes, adding an estimated $8.27M. The largest seller was Millennium Management, cutting an estimated $7.19M.

  • 142 institutional investors held Provident Financial Services (PFS) as of Q4 2014, up from 141 in Q3 2014.
  • Funds reported $697M of Provident Financial Services stock for Q4 2014, up 11% quarter-over-quarter.
  • 15 funds opened new Provident Financial Services positions in Q4 2014 and 12 closed out, a net change of +3 holders.
  • The largest Provident Financial Services buyer in Q4 2014 was Federated Hermes, an estimated $8.27M added.
  • The largest Provident Financial Services seller in Q4 2014 was Millennium Management, an estimated $7.19M sold.

Based on aggregated 13F filings for Q4 2014.