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Provident Financial Services

161 hedge funds and large institutions have $1.15B invested in Provident Financial Services in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

9% more capital invested

Capital invested by funds: $1.06B → $1.15B (+$98.6M)

5% more funds holding

Funds holding: 154161 (+7)

2.75% more ownership

Funds ownership: 62.39%65.14% (+2.8%)

25% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 57

Holders
161
Holders Change
+7
Holders Change %
+4.55%
% of All Funds
4.01%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
21
Increased
43
Reduced
57
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Assenagon Asset Management
51
Assenagon Asset Management
Luxembourg
$1.81M +$1.72M +67,770 New
New York State Common Retirement Fund
52
New York State Common Retirement Fund
New York
$1.77M
Comerica Bank
53
Comerica Bank
Texas
$1.73M +$4.06K +160 +0.3%
Royal Bank of Canada
54
Royal Bank of Canada
Ontario, Canada
$1.68M -$1.21M -47,824 -43%
NFA
55
Nationwide Fund Advisors
Ohio
$1.68M -$122K -4,792 -7%
State Board of Administration of Florida Retirement System
56
State Board of Administration of Florida Retirement System
Florida
$1.67M
KTC
57
Kistler-Tiffany Companies
Pennsylvania
$1.66M +$1.58M +62,300 New
ZIG
58
Zurich Insurance Group
Switzerland
$1.55M
State of Tennessee, Department of Treasury
59
State of Tennessee, Department of Treasury
Tennessee
$1.39M -$83.4K -3,289 -6%
Creative Planning
60
Creative Planning
Kansas
$1.39M
Jennison Associates
61
Jennison Associates
New York
$1.37M +$1.75K +69 +0.1%
State of New Jersey Common Pension Fund D
62
State of New Jersey Common Pension Fund D
New Jersey
$1.33M
AIG
63
American International Group
New York
$1.3M +$66.9K +2,638 +6%
PI
64
Putnam Investments
Massachusetts
$1.2M -$821K -32,362 -42%
TPSF
65
Texas Permanent School Fund
Texas
$1.18M -$3.96K -156 -0.4%
MLICM
66
Metropolitan Life Insurance Company (MetLife)
New York
$1.13M
BCM
67
Bridgeway Capital Management
Texas
$1.12M -$2.41M -95,000 -69%
SO
68
STRS Ohio
Ohio
$1.08M -$22.8K -900 -2%
SIA
69
Sit Investment Associates
Minnesota
$1.06M
PAM
70
Panagora Asset Management
Massachusetts
$1.03M
Public Sector Pension Investment Board (PSP Investments)
71
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.02M +$181K +7,139 +23%
VNA
72
Valley National Advisers
Pennsylvania
$990K +$406 +16 +0%
AQR Capital Management
73
AQR Capital Management
Connecticut
$979K
UBS AM
74
UBS AM
Illinois
$976K +$15K +590 +2%
TCOV
75
Trust Company of Vermont
Vermont
$929K

PFS Hedge Fund Activity: Q3 2017 in Review

161 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2017, worth a combined $1.15B — up 9.3% from $1.06B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PFS positions and 12 closed out — a net gain of 9 holders — while 43 added to existing stakes and 57 trimmed.

The largest buyer was Beacon Investment Advisory Services, opening a new position worth an estimated $29.4M. The largest seller was Keeley-Teton Advisors, cutting an estimated $5.72M.

  • 161 institutional investors held Provident Financial Services (PFS) as of Q3 2017, up from 154 in Q2 2017.
  • Funds reported $1.15B of Provident Financial Services stock for Q3 2017, up 9.3% quarter-over-quarter.
  • 21 funds opened new Provident Financial Services positions in Q3 2017 and 12 closed out, a net change of +9 holders.
  • The largest Provident Financial Services buyer in Q3 2017 was Beacon Investment Advisory Services, an estimated $29.4M added.
  • The largest Provident Financial Services seller in Q3 2017 was Keeley-Teton Advisors, an estimated $5.72M sold.

Based on aggregated 13F filings for Q3 2017.