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Provident Financial Services

250 hedge funds and large institutions have $1.64B invested in Provident Financial Services in 2024 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 72 increasing their positions, 92 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more capital invested

Capital invested by funds: $1.29B → $1.64B (+$355M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 252250 (-2)

0.89% less ownership

Funds ownership: 68.78%67.89% (-0.89%)

5% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 37

22% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 92

34% less call options, than puts

Call options by funds: $1.11M | Put options by funds: $1.7M

Holders
250
Holders Change
-2
Holders Change %
-0.79%
% of All Funds
3.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
35
Increased
72
Reduced
92
Closed
37
Calls
$1.11M
Puts
$1.7M
Net Calls
-$580K
Net Calls Change
+$144M
Name Holding Trade Value Shares
Change
Change in
Stake
BGIM
51
Brandywine Global Investment Management
Pennsylvania
$3.3M -$95.5K -5,400 -3%
EC
52
EJF Capital
Virginia
$3.11M -$664K -37,560 -18%
HAI
53
Hennessy Advisors Inc
California
$2.97M +$707K +40,000 +33%
Victory Capital Management
54
Victory Capital Management
Texas
$2.9M +$2.28M +129,183 +477%
Canada Life
55
Canada Life
Manitoba, Canada
$2.88M -$86.5K -4,895 -3%
SEI Investments
56
SEI Investments
Pennsylvania
$2.79M +$660K +37,316 +33%
Squarepoint
57
Squarepoint
New York
$2.63M -$1.72M -97,249 -41%
Massachusetts Financial Services
58
Massachusetts Financial Services
Massachusetts
$2.58M -$59.6K -3,370 -2%
AllianceBernstein
59
AllianceBernstein
Tennessee
$2.57M +$186K +10,540 +8%
PCA
60
PL Capital Advisors
Florida
$2.49M
TI
61
Trexquant Investment
Connecticut
$2.32M -$943K -53,341 -30%
SBH
62
Segall Bryant & Hamill
Illinois
$2.32M +$2.21M +124,995 New
California State Teachers Retirement System (CalSTRS)
63
California State Teachers Retirement System (CalSTRS)
California
$2.25M +$17.5K +991 +0.8%
First Trust Advisors
64
First Trust Advisors
Illinois
$2.11M -$2.63M -148,866 -57%
Truist Financial
65
Truist Financial
North Carolina
$2.08M +$159 +9 +0%
CLA
66
Carnegie Lake Advisors
New Jersey
$2.01M +$1.92M +108,457 New
ECM
67
ExodusPoint Capital Management
New York
$1.96M +$1.87M +105,624 New
State of New Jersey Common Pension Fund D
68
State of New Jersey Common Pension Fund D
New Jersey
$1.94M -$509K -28,811 -22%
Thrivent Financial for Lutherans
69
Thrivent Financial for Lutherans
Minnesota
$1.9M -$2.13M -120,380 -54%
BBHC
70
Brown Brothers Harriman & Co
New York
$1.86M
WHG
71
Westwood Holdings Group
Texas
$1.76M -$382K -21,599 -19%
OLA
72
Oliver Luxxe Assets
New Jersey
$1.6M +$1.52M +85,950 New
CAM
73
Cresset Asset Management
Illinois
$1.52M +$66.9K +3,785 +5%
Deutsche Bank
74
Deutsche Bank
Germany
$1.48M -$11M -622,064 -89%
State of Tennessee, Department of Treasury
75
State of Tennessee, Department of Treasury
Tennessee
$1.43M +$473K +26,752 +53%

PFS Hedge Fund Activity: Q3 2024 in Review

250 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2024, worth a combined $1.64B — up 28% from $1.29B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of PFS and 35 opened new positions — a net loss of 2 holders — while 92 trimmed existing stakes and 72 added.

The largest buyer was BlackRock, adding an estimated $37.2M. The largest seller was HSBC Holdings, cutting an estimated $42.7M.

  • 250 institutional investors held Provident Financial Services (PFS) as of Q3 2024, down from 252 in Q2 2024.
  • Funds reported $1.64B of Provident Financial Services stock for Q3 2024, up 28% quarter-over-quarter.
  • 35 funds opened new Provident Financial Services positions in Q3 2024 and 37 closed out, a net change of -2 holders.
  • The largest Provident Financial Services buyer in Q3 2024 was BlackRock, an estimated $37.2M added.
  • The largest Provident Financial Services seller in Q3 2024 was HSBC Holdings, an estimated $42.7M sold.

Based on aggregated 13F filings for Q3 2024.