We are live on ! Find out more
PFS icon

Provident Financial Services
PFS

125 hedge funds and large institutions have $598M invested in Provident Financial Services in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 35 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

51% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 35

8% more funds holding

Funds holding: 116 → 125 (+9)

3% more capital invested

Capital invested by funds: $578M → $598M (+$20.1M)

0.3% more ownership

Funds ownership: 61.42% → 61.72% (+0.3%)

Holders
125
Holders Change
+9
Holders Change %
+7.76%
% of All Funds
4.05%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
53
Reduced
35
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
IG
ING Group
Netherlands
+$4.22M
2
BFA
BlackRock Fund Advisors
California
+$3.93M
3
HAI
Hennessy Advisors Inc
California
+$3.29M
4
TA
Teachers Advisors
New York
+$2.77M
5
KAM
Keeley Asset Management
Illinois
+$2.3M

Top Sellers

1
ICM
IronBridge Capital Management
Illinois
-$13.3M
2
VOYA Investment Management
VOYA Investment Management
Georgia
-$9.86M
3
FG
FSI Group
Ohio
-$3.24M
4
AQR Capital Management
AQR Capital Management
Connecticut
-$1.75M
5
PIM
Perkins Investment Management
Illinois
-$1.59M
Name Holding Trade Value Shares
Change 		Change in
Stake
Two Sigma Advisers
101
Two Sigma Advisers
New York
$247K -$614K -36,400 -71%
HCM
102
Highlander Capital Management
New Jersey
$224K +$861 +51 +0.4%
Commonwealth Equity Services
103
Commonwealth Equity Services
Massachusetts
$224K -$6.48K -384 -3%
PP
104
PDT Partners
New York
$214K +$223K +13,200 New
CCM
105
Condor Capital Management
New Jersey
$197K – – –
MC
106
Menta Capital
California
$177K +$184K +10,900 New
DC
107
Deere & Company
Illinois
$168K – – –
PAM
108
Panagora Asset Management
Massachusetts
$130K – – –
MSA
109
Mason Street Advisors
Wisconsin
$127K +$6.6K +391 +5%
Teacher Retirement System of Texas
110
Teacher Retirement System of Texas
Texas
$113K +$56.1K +3,324 +90%
MFS
111
MSI Financial Services
Massachusetts
$99K +$844 +50 +0.8%
PI
112
PineBridge Investments
New York
$98K -$928 -55 -0.9%
OA
113
OFI Advisors
Pennsylvania
$97K +$12.4K +735 +14%
STC
114
SEI Trust Company
Pennsylvania
$94K – – –
First Manhattan
115
First Manhattan
New York
$73K – – –
Ohio Public Employees Retirement System (OPERS)
116
Ohio Public Employees Retirement System (OPERS)
Ohio
$64K +$66.6K +3,948 New
KBC Group
117
KBC Group
Belgium
$47K -$514K -30,456 -91%
BlackRock
118
BlackRock
New York
$34K – – –
TRCT
119
Tower Research Capital (TRC)
New York
$26K +$27K +1,599 New
MWP
120
MYCIO Wealth Partners
Pennsylvania
$19K +$169 +10 +0.9%
PCM
121
Prelude Capital Management
New York
$6K +$6.58K +390 New
Bank of Montreal
122
Bank of Montreal
Ontario, Canada
$4K – – –
ClearBridge Investments
123
ClearBridge Investments
New York
$2K +$2.13K +126 New
LTFS
124
Ladenburg Thalmann Financial Services
Florida
$1K – – –
Manulife (Manufacturers Life Insurance)
125
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$704 -$1.22K -72 -0.2%
2 3 4
5
6

PFS Hedge Fund Activity: Q3 2013 in Review

125 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2013, worth a combined $598M — up 3.5% from $578M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFS positions and 7 closed out — a net gain of 10 holders — while 53 added to existing stakes and 35 trimmed.

The largest buyer was ING Group, opening a new position worth an estimated $4.22M. The largest seller was IronBridge Capital Management, exiting entirely with an estimated $13.3M sold.

  • 125 institutional investors held Provident Financial Services (PFS) as of Q3 2013, up from 116 in Q2 2013.
  • Funds reported $598M of Provident Financial Services stock for Q3 2013, up 3.5% quarter-over-quarter.
  • 17 funds opened new Provident Financial Services positions in Q3 2013 and 7 closed out, a net change of +10 holders.
  • The largest Provident Financial Services buyer in Q3 2013 was ING Group, an estimated $4.22M added.
  • The largest Provident Financial Services seller in Q3 2013 was IronBridge Capital Management, an estimated $13.3M sold.

Based on aggregated 13F filings for Q3 2013.