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Provident Financial Services

187 hedge funds and large institutions have $1.07B invested in Provident Financial Services in 2021 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 69 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 17

23% more capital invested

Capital invested by funds: $867M → $1.07B (+$201M)

8% more funds holding

Funds holding: 173187 (+14)

0.01% less ownership

Funds ownership: 61.69%61.68% (-0.01%)

28% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 69

54% less call options, than puts

Call options by funds: $6K | Put options by funds: $13K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
187
Holders Change
+14
Holders Change %
+8.09%
% of All Funds
3.28%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
32
Increased
50
Reduced
69
Closed
17
Calls
$6K
Puts
$13K
Net Calls
-$7K
Net Calls Change
+$171K
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
51
Barclays
United Kingdom
$1.99M +$150K +7,340 +9%
American Century Companies
52
American Century Companies
Missouri
$1.99M +$1.83M +89,285 New
Russell Investments Group
53
Russell Investments Group
United Kingdom
$1.9M +$90.6K +4,431 +5%
Assenagon Asset Management
54
Assenagon Asset Management
Luxembourg
$1.78M +$450K +21,998 +38%
PNC Financial Services Group
55
PNC Financial Services Group
Pennsylvania
$1.76M +$5.6K +274 +0.3%
Comerica Bank
56
Comerica Bank
Texas
$1.72M -$73.7K -3,602 -5%
New York State Common Retirement Fund
57
New York State Common Retirement Fund
New York
$1.62M +$131K +6,400 +10%
Deutsche Bank
58
Deutsche Bank
Germany
$1.6M +$303K +14,821 +26%
CS
59
Credit Suisse
Switzerland
$1.52M -$281K -13,740 -17%
Canada Life
60
Canada Life
Manitoba, Canada
$1.41M -$184K -8,986 -12%
Thrivent Financial for Lutherans
61
Thrivent Financial for Lutherans
Minnesota
$1.32M -$18.7K -916 -2%
UBS AM
62
UBS AM
Illinois
$1.28M
DCM
63
Dupont Capital Management
Delaware
$1.25M +$89.5K +4,376 +8%
COPPSERS
64
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.24M -$14K -684 -1%
TPSF
65
Texas Permanent School Fund
Texas
$1.2M -$91.8K -4,490 -8%
Canada Pension Plan Investment Board
66
Canada Pension Plan Investment Board
Ontario, Canada
$1.2M +$1.1M +54,000 New
UBS Group
67
UBS Group
Switzerland
$1.15M -$659K -32,229 -38%
HIM
68
Hillsdale Investment Management
Ontario, Canada
$1.12M +$1.03M +50,300 New
SOADOR
69
State of Alaska Department of Revenue
Alaska
$1.09M -$159K -7,770 -14%
Stifel Financial
70
Stifel Financial
Missouri
$1.09M
Commonwealth Equity Services
71
Commonwealth Equity Services
Massachusetts
$1.08M +$1.82K +89 +0.2%
SM
72
Salzhauer Michael
$1.04M
Wells Fargo
73
Wells Fargo
California
$1M -$1.36M -66,686 -60%
State Board of Administration of Florida Retirement System
74
State Board of Administration of Florida Retirement System
Florida
$1M -$287K -14,010 -24%
D.E. Shaw & Co
75
D.E. Shaw & Co
New York
$983K -$878K -42,929 -49%

PFS Hedge Fund Activity: Q1 2021 in Review

187 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2021, worth a combined $1.07B — up 23% from $867M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new PFS positions and 17 closed out — a net gain of 15 holders — while 50 added to existing stakes and 69 trimmed.

The largest buyer was State Street, adding an estimated $12.4M. The largest seller was Banc Funds Company, cutting an estimated $9.45M.

  • 187 institutional investors held Provident Financial Services (PFS) as of Q1 2021, up from 173 in Q4 2020.
  • Funds reported $1.07B of Provident Financial Services stock for Q1 2021, up 23% quarter-over-quarter.
  • 32 funds opened new Provident Financial Services positions in Q1 2021 and 17 closed out, a net change of +15 holders.
  • The largest Provident Financial Services buyer in Q1 2021 was State Street, an estimated $12.4M added.
  • The largest Provident Financial Services seller in Q1 2021 was Banc Funds Company, an estimated $9.45M sold.

Based on aggregated 13F filings for Q1 2021.