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
Citadel Advisors
51
Citadel Advisors
Florida
$1.13M +$382K +28,609 +57%
ZIG
52
Zurich Insurance Group
Switzerland
$1.09M +$1.01M +75,800 New
Canada Life
53
Canada Life
Manitoba, Canada
$1.06M -$64.4K -4,821 -6%
Marshall Wace
54
Marshall Wace
United Kingdom
$1.06M +$976K +73,039 New
New York State Common Retirement Fund
55
New York State Common Retirement Fund
New York
$1.04M – – –
MAM
56
Martingale Asset Management
Massachusetts
$1.02M -$400K -29,900 -30%
Squarepoint
57
Squarepoint
New York
$986K +$283K +21,168 +45%
Deutsche Bank
58
Deutsche Bank
Germany
$971K +$64.7K +4,842 +8%
Thrivent Financial for Lutherans
59
Thrivent Financial for Lutherans
Minnesota
$910K -$1.67K -125 -0.2%
Comerica Bank
60
Comerica Bank
Texas
$905K +$68.3K +5,114 +9%
State Board of Administration of Florida Retirement System
61
State Board of Administration of Florida Retirement System
Florida
$878K – – –
First Trust Advisors
62
First Trust Advisors
Illinois
$861K -$453K -33,934 -36%
CIC
63
Cornercap Investment Counsel
Georgia
$838K +$25K +1,872 +3%
CFG
64
Citizens Financial Group
Rhode Island
$837K +$73.7K +5,515 +11%
Susquehanna International Group
65
Susquehanna International Group
Pennsylvania
$834K +$520K +38,919 +207%
SOADOR
66
State of Alaska Department of Revenue
Alaska
$817K +$37.4K +2,796 +5%
AIM
67
Aigen Investment Management
New York
$814K +$673K +50,338 +837%
Barclays
68
Barclays
United Kingdom
$800K +$71.6K +5,357 +11%
CS
69
Credit Suisse
Switzerland
$782K +$87.5K +6,551 +14%
AIMCA
70
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$709K +$520K +38,900 +381%
TPSF
71
Texas Permanent School Fund
Texas
$685K -$49.3K -3,689 -7%
UBS AM
72
UBS AM
Illinois
$664K -$271K -20,272 -31%
DA
73
Denali Advisors
California
$657K +$242K +18,100 +66%
Arrowstreet Capital
74
Arrowstreet Capital
Massachusetts
$652K +$132K +9,900 +28%
UBS Group
75
UBS Group
Switzerland
$646K -$114K -8,529 -16%
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.