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Provident Financial Services

149 hedge funds and large institutions have $570M invested in Provident Financial Services in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 46 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

12,800% more call options, than puts

Call options by funds: $645K | Put options by funds: $5K

17% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 46

0.15% more ownership

Funds ownership: 66.87%67.02% (+0.15%)

11% less funds holding

Funds holding: 167149 (-18)

43% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 37

48% less capital invested

Capital invested by funds: $1.09B → $570M (-$518M)

Holders
149
Holders Change
-18
Holders Change %
-10.78%
% of All Funds
3.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
54
Reduced
46
Closed
37
Calls
$645K
Puts
$5K
Net Calls
+$640K
Net Calls Change
-$171K
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
76
PNC Financial Services Group
Pennsylvania
$424K +$105K +5,164 +19%
VNA
77
Valley National Advisers
Pennsylvania
$422K +$15K +738 +2%
COPPSERS
78
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$389K +$200K +9,855 +48%
MIM
79
MetLife Investment Management
New Jersey
$359K
DA
80
Denali Advisors
California
$352K +$197K +9,700 +55%
BNP Paribas Financial Markets
81
BNP Paribas Financial Markets
France
$329K +$34.3K +1,689 +7%
OPERF
82
Oregon Public Employees Retirement Fund
Oregon
$317K
B
83
Bailard
California
$316K +$500K +24,600 New
Stifel Financial
84
Stifel Financial
Missouri
$312K +$2.07K +102 +0.4%
EGM
85
Engineers Gate Manager
New York
$312K +$285K +14,049 +138%
New York State Teachers Retirement System (NYSTRS)
86
New York State Teachers Retirement System (NYSTRS)
New York
$310K
CANY
87
Caxton Associates (New York)
New York
$307K +$484K +23,837 New
State of Tennessee, Department of Treasury
88
State of Tennessee, Department of Treasury
Tennessee
$304K +$71K +3,494 +17%
QI
89
QS Investors
New York
$296K +$2.88K +142 +0.6%
MSA
90
Mason Street Advisors
Wisconsin
$269K
SG Americas Securities
91
SG Americas Securities
New York
$269K +$210K +10,358 +98%
Citigroup
92
Citigroup
New York
$253K -$783K -38,524 -66%
MLICM
93
Metropolitan Life Insurance Company (MetLife)
New York
$249K -$5.14K -253 -1%
II
94
Inspire Investing
Idaho
$245K +$387K +19,070 New
Susquehanna International Group
95
Susquehanna International Group
Pennsylvania
$242K +$106K +5,217 +38%
MERSOM
96
Municipal Employees' Retirement System of Michigan
Michigan
$239K
Public Employees Retirement Association of Colorado
97
Public Employees Retirement Association of Colorado
Colorado
$235K
TRSOTSOK
98
Teachers Retirement System of the State of Kentucky
Kentucky
$226K -$16.3K -800 -4%
QPWM
99
Quadrant Private Wealth Management
Pennsylvania
$225K
LSERS
100
Louisiana State Employees Retirement System
Louisiana
$213K -$80.8K -3,980 -19%

PFS Hedge Fund Activity: Q1 2020 in Review

149 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2020, worth a combined $570M — down 48% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of PFS and 21 opened new positions — a net loss of 16 holders — while 46 trimmed existing stakes and 54 added.

The largest buyer was JP Morgan Chase, adding an estimated $12.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $7.08M.

  • 149 institutional investors held Provident Financial Services (PFS) as of Q1 2020, down from 167 in Q4 2019.
  • Funds reported $570M of Provident Financial Services stock for Q1 2020, down 48% quarter-over-quarter.
  • 21 funds opened new Provident Financial Services positions in Q1 2020 and 37 closed out, a net change of -16 holders.
  • The largest Provident Financial Services buyer in Q1 2020 was JP Morgan Chase, an estimated $12.3M added.
  • The largest Provident Financial Services seller in Q1 2020 was Manulife (Manufacturers Life Insurance), an estimated $7.08M sold.

Based on aggregated 13F filings for Q1 2020.