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Provident Financial Services

142 hedge funds and large institutions have $697M invested in Provident Financial Services in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

11% more capital invested

Capital invested by funds: $626M → $697M (+$71.2M)

1% more funds holding

Funds holding: 141142 (+1)

0.66% more ownership

Funds ownership: 58.58%59.25% (+0.66%)

0% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 50

Holders
142
Holders Change
+1
Holders Change %
+0.71%
% of All Funds
3.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
50
Reduced
50
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
76
Guggenheim Capital
Illinois
$780K +$121K +6,944 +19%
State of Tennessee, Department of Treasury
77
State of Tennessee, Department of Treasury
Tennessee
$759K -$75.2K -4,300 -9%
MAM
78
Martingale Asset Management
Massachusetts
$736K -$114K -6,500 -14%
Acadian Asset Management
79
Acadian Asset Management
Massachusetts
$693K -$3.44M -196,560 -84%
ASRS
80
Arizona State Retirement System
Arizona
$679K +$3.5K +200 +0.5%
Barclays
81
Barclays
United Kingdom
$648K +$552K +31,585 +734%
CCMH
82
Cornerstone Capital Management Holdings
New York
$607K -$874K -50,000 -60%
BAM
83
Berkshire Asset Management
Pennsylvania
$573K
BA
84
BlackRock Advisors
Delaware
$565K -$26.3K -1,502 -5%
TRSOTSOK
85
Teachers Retirement System of the State of Kentucky
Kentucky
$480K
LSERS
86
Louisiana State Employees Retirement System
Louisiana
$439K -$8.74K -500 -2%
New York State Teachers Retirement System (NYSTRS)
87
New York State Teachers Retirement System (NYSTRS)
New York
$431K
CAM
88
Capstone Asset Management
Texas
$429K -$33.6K -1,920 -7%
UBS AM
89
UBS AM
Illinois
$423K +$36.7K +2,100 +10%
TC
90
TFS Capital
Pennsylvania
$405K -$1.38M -79,060 -78%
ProShare Advisors
91
ProShare Advisors
Maryland
$401K -$193K -11,030 -33%
PNC Financial Services Group
92
PNC Financial Services Group
Pennsylvania
$379K +$10.5K +600 +3%
NCCM
93
Nine Chapters Capital Management
New Jersey
$376K -$628K -35,900 -63%
Thrivent Financial for Lutherans
94
Thrivent Financial for Lutherans
Minnesota
$355K +$1.75K +100 +0.5%
TI
95
Trexquant Investment
Connecticut
$348K +$338K +19,300 New
VIA
96
Vident Investment Advisory
Georgia
$346K +$335K +19,184 New
D.E. Shaw & Co
97
D.E. Shaw & Co
New York
$339K +$328K +18,752 New
KBC Group
98
KBC Group
Belgium
$336K +$218K +12,471 +204%
Public Employees Retirement Association of Colorado
99
Public Employees Retirement Association of Colorado
Colorado
$335K
CCM
100
Condor Capital Management
New Jersey
$331K -$12.2K -698 -4%

PFS Hedge Fund Activity: Q4 2014 in Review

142 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2014, worth a combined $697M — up 11% from $626M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFS positions and 12 closed out — a net gain of 3 holders — while 50 added to existing stakes and 50 trimmed.

The largest buyer was Federated Hermes, adding an estimated $8.27M. The largest seller was Millennium Management, cutting an estimated $7.19M.

  • 142 institutional investors held Provident Financial Services (PFS) as of Q4 2014, up from 141 in Q3 2014.
  • Funds reported $697M of Provident Financial Services stock for Q4 2014, up 11% quarter-over-quarter.
  • 15 funds opened new Provident Financial Services positions in Q4 2014 and 12 closed out, a net change of +3 holders.
  • The largest Provident Financial Services buyer in Q4 2014 was Federated Hermes, an estimated $8.27M added.
  • The largest Provident Financial Services seller in Q4 2014 was Millennium Management, an estimated $7.19M sold.

Based on aggregated 13F filings for Q4 2014.