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Provident Financial Services

187 hedge funds and large institutions have $1.07B invested in Provident Financial Services in 2021 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 69 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 17

23% more capital invested

Capital invested by funds: $867M → $1.07B (+$201M)

8% more funds holding

Funds holding: 173187 (+14)

0.01% less ownership

Funds ownership: 61.69%61.68% (-0.01%)

28% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 69

54% less call options, than puts

Call options by funds: $6K | Put options by funds: $13K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
187
Holders Change
+14
Holders Change %
+8.09%
% of All Funds
3.28%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
32
Increased
50
Reduced
69
Closed
17
Calls
$6K
Puts
$13K
Net Calls
-$7K
Net Calls Change
+$171K
Name Holding Trade Value Shares
Change
Change in
Stake
QCM
101
Quantinno Capital Management
New York
$519K
II
102
Inspire Investing
Idaho
$515K +$98.5K +4,814 +26%
New York State Teachers Retirement System (NYSTRS)
103
New York State Teachers Retirement System (NYSTRS)
New York
$512K -$45K -2,200 -9%
QI
104
QS Investors
New York
$500K -$8.86K -433 -2%
MLICM
105
Metropolitan Life Insurance Company (MetLife)
New York
$487K -$16.1K -786 -3%
DTL
106
Dynamic Technology Lab
Singapore
$480K +$441K +21,552 New
TRSOTSOK
107
Teachers Retirement System of the State of Kentucky
Kentucky
$461K +$63.4K +3,100 +18%
ASRS
108
Arizona State Retirement System
Arizona
$458K +$430 +21 +0.1%
Bank of Montreal
109
Bank of Montreal
Ontario, Canada
$439K -$3.5K -171 -0.9%
AA
110
ALPS Advisors
Colorado
$415K -$92.1K -4,501 -19%
Public Employees Retirement Association of Colorado
111
Public Employees Retirement Association of Colorado
Colorado
$406K
IA
112
IndexIQ Advisors
New York
$401K +$34.7K +1,695 +10%
QPWM
113
Quadrant Private Wealth Management
Pennsylvania
$390K
HCM
114
Highlander Capital Management
New Jersey
$379K
PP
115
Paloma Partners
Connecticut
$371K +$340K +16,646 New
Jane Street
116
Jane Street
New York
$370K +$340K +16,611 New
BCI
117
Brinker Capital Investments
Pennsylvania
$370K +$340K +16,627 New
PAG
118
Private Advisor Group
New Jersey
$364K -$11.6K -569 -3%
SEI Investments
119
SEI Investments
Pennsylvania
$359K -$108K -5,300 -25%
Connor, Clark & Lunn Investment Management (CC&L)
120
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$346K +$317K +15,522 New
SG Americas Securities
121
SG Americas Securities
New York
$343K -$599K -29,287 -66%
Squarepoint
122
Squarepoint
New York
$329K +$302K +14,786 New
E
123
Ergoteles
New York
$323K +$296K +14,492 New
Voloridge Investment Management
124
Voloridge Investment Management
Florida
$310K -$1.05M -51,493 -79%
CAPTRUST Financial Advisors
125
CAPTRUST Financial Advisors
North Carolina
$281K +$49.2K +2,404 +24%

PFS Hedge Fund Activity: Q1 2021 in Review

187 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2021, worth a combined $1.07B — up 23% from $867M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new PFS positions and 17 closed out — a net gain of 15 holders — while 50 added to existing stakes and 69 trimmed.

The largest buyer was State Street, adding an estimated $12.4M. The largest seller was Banc Funds Company, cutting an estimated $9.45M.

  • 187 institutional investors held Provident Financial Services (PFS) as of Q1 2021, up from 173 in Q4 2020.
  • Funds reported $1.07B of Provident Financial Services stock for Q1 2021, up 23% quarter-over-quarter.
  • 32 funds opened new Provident Financial Services positions in Q1 2021 and 17 closed out, a net change of +15 holders.
  • The largest Provident Financial Services buyer in Q1 2021 was State Street, an estimated $12.4M added.
  • The largest Provident Financial Services seller in Q1 2021 was Banc Funds Company, an estimated $9.45M sold.

Based on aggregated 13F filings for Q1 2021.