Provident Financial Services
195 hedge funds and large institutions have $988M invested in Provident Financial Services in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 68 increasing their positions, 62 reducing their positions, and 33 closing their positions.
477% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $303K
2.73% more ownership
Funds ownership: 66.34% → 69.07% (+2.7%)
10% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 62
1% more capital invested
Capital invested by funds: $974M → $988M (+$13.7M)
4% less funds holding
Funds holding: 204 → 195 (-9)
21% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 33
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$12.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.3M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$7.37M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.34M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.57M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.29M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.61M |
| 3 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$3.15M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.99M |
| 5 |
BlackRock
New York
|
-$2.52M |
PFS Hedge Fund Activity: Q4 2022 in Review
195 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2022, worth a combined $988M — up 1.4% from $974M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of PFS and 26 opened new positions — a net loss of 7 holders — while 62 trimmed existing stakes and 68 added.
The largest buyer was Goldman Sachs, adding an estimated $12.5M. The largest seller was Invesco, cutting an estimated $5.29M.
- 195 institutional investors held Provident Financial Services (PFS) as of Q4 2022, down from 204 in Q3 2022.
- Funds reported $988M of Provident Financial Services stock for Q4 2022, up 1.4% quarter-over-quarter.
- 26 funds opened new Provident Financial Services positions in Q4 2022 and 33 closed out, a net change of -7 holders.
- The largest Provident Financial Services buyer in Q4 2022 was Goldman Sachs, an estimated $12.5M added.
- The largest Provident Financial Services seller in Q4 2022 was Invesco, an estimated $5.29M sold.
Based on aggregated 13F filings for Q4 2022.