Provident Financial Services
204 hedge funds and large institutions have $974M invested in Provident Financial Services in 2022 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 68 increasing their positions, 66 reducing their positions, and 14 closing their positions.
316% more call options, than puts
Call options by funds: $995K | Put options by funds: $239K
136% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 14
7% more funds holding
Funds holding: 190 → 204 (+14)
1.6% more ownership
Funds ownership: 64.73% → 66.34% (+1.6%)
3% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 66
10% less capital invested
Capital invested by funds: $1.09B → $974M (-$112M)
Top Buyers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.06M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.93M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.39M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.91M |
| 5 |
Goldman Sachs
New York
|
+$2.55M |
Top Sellers
| 1 |
BlackRock
New York
|
-$3.19M |
| 2 |
PU
Petiole USA
New York
|
-$2.16M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$1.94M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.2M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$1.11M |
PFS Hedge Fund Activity: Q3 2022 in Review
204 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2022, worth a combined $974M — down 10% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PFS positions and 14 closed out — a net gain of 19 holders — while 68 added to existing stakes and 66 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $6.06M. The largest seller was BlackRock, cutting an estimated $3.19M.
- 204 institutional investors held Provident Financial Services (PFS) as of Q3 2022, up from 190 in Q2 2022.
- Funds reported $974M of Provident Financial Services stock for Q3 2022, down 10% quarter-over-quarter.
- 33 funds opened new Provident Financial Services positions in Q3 2022 and 14 closed out, a net change of +19 holders.
- The largest Provident Financial Services buyer in Q3 2022 was Balyasny Asset Management, an estimated $6.06M added.
- The largest Provident Financial Services seller in Q3 2022 was BlackRock, an estimated $3.19M sold.
Based on aggregated 13F filings for Q3 2022.