Provident Financial Services
166 hedge funds and large institutions have $1.21B invested in Provident Financial Services in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 54 reducing their positions, and 11 closing their positions.
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
37% more capital invested
Capital invested by funds: $878M → $1.21B (+$328M)
11% more funds holding
Funds holding: 149 → 166 (+17)
1.49% more ownership
Funds ownership: 63.06% → 64.55% (+1.5%)
15% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 54
50% less call options, than puts
Call options by funds: $1K | Put options by funds: $2K
Top Buyers
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.72M |
| 3 |
Morgan Stanley
New York
|
+$4.07M |
| 4 |
JP Morgan Chase
New York
|
+$3.97M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.49M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.2M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$4.81M |
| 3 |
Goldman Sachs
New York
|
-$2.22M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.97M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$1.7M |
PFS Hedge Fund Activity: Q4 2016 in Review
166 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2016, worth a combined $1.21B — up 37% from $878M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PFS positions and 11 closed out — a net gain of 19 holders — while 46 added to existing stakes and 54 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $12.5M. The largest seller was Wellington Management Group, cutting an estimated $10.2M.
- 166 institutional investors held Provident Financial Services (PFS) as of Q4 2016, up from 149 in Q3 2016.
- Funds reported $1.21B of Provident Financial Services stock for Q4 2016, up 37% quarter-over-quarter.
- 30 funds opened new Provident Financial Services positions in Q4 2016 and 11 closed out, a net change of +19 holders.
- The largest Provident Financial Services buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $12.5M added.
- The largest Provident Financial Services seller in Q4 2016 was Wellington Management Group, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2016.