We are live on ! Find out more
PFS icon

Provident Financial Services

188 hedge funds and large institutions have $904M invested in Provident Financial Services in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 59 increasing their positions, 70 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.31% more ownership

Funds ownership: 71.86%73.17% (+1.3%)

4% less funds holding

Funds holding: 196188 (-8)

13% less capital invested

Capital invested by funds: $1.04B → $904M (-$133M)

16% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 70

26% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 31

29% less call options, than puts

Call options by funds: $144K | Put options by funds: $203K

Holders
188
Holders Change
-8
Holders Change %
-4.08%
% of All Funds
2.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
23
Increased
59
Reduced
70
Closed
31
Calls
$144K
Puts
$203K
Net Calls
-$59K
Net Calls Change
-$359K
Name Holding Trade Value Shares
Change
Change in
Stake
Russell Investments Group
101
Russell Investments Group
United Kingdom
$476K +$2.04K +120 +0.4%
Manulife (Manufacturers Life Insurance)
102
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$465K -$3.64K -214 -0.7%
FLC
103
Fifth Lane Capital
Texas
$452K +$470K +27,639 New
Two Sigma Investments
104
Two Sigma Investments
New York
$444K +$462K +27,161 New
ETC
105
Exchange Traded Concepts
Oklahoma
$428K -$14.8K -870 -3%
VNA
106
Valley National Advisers
Pennsylvania
$420K -$4.73K -278 -1%
State of Tennessee, Department of Treasury
107
State of Tennessee, Department of Treasury
Tennessee
$418K
Handelsbanken Fonder
108
Handelsbanken Fonder
Sweden
$416K
Squarepoint
109
Squarepoint
New York
$411K +$428K +25,144 New
OPERF
110
Oregon Public Employees Retirement Fund
Oregon
$384K -$11.9K -700 -3%
TRSOTSOK
111
Teachers Retirement System of the State of Kentucky
Kentucky
$382K +$22.4K +1,317 +6%
Envestnet Asset Management
112
Envestnet Asset Management
Illinois
$368K -$228K -13,398 -37%
FHB
113
First Hawaiian Bank
Hawaii
$363K
TCOV
114
Trust Company of Vermont
Vermont
$363K
CP
115
CenterBook Partners
Connecticut
$363K +$377K +22,185 New
New York State Teachers Retirement System (NYSTRS)
116
New York State Teachers Retirement System (NYSTRS)
New York
$354K -$17K -1,000 -4%
RJA
117
Raymond James & Associates
Florida
$330K -$34.1K -2,004 -9%
ASRS
118
Arizona State Retirement System
Arizona
$328K -$10.6K -621 -3%
GCM
119
Graham Capital Management
Connecticut
$322K +$76.9K +4,521 +30%
UB
120
UMB Bank
Missouri
$303K
Public Employees Retirement Association of Colorado
121
Public Employees Retirement Association of Colorado
Colorado
$298K
WI
122
WBI Investments
New Jersey
$297K +$310K +18,203 New
Janney Montgomery Scott
123
Janney Montgomery Scott
Pennsylvania
$286K +$121K +7,091 +68%
QPWM
124
Quadrant Private Wealth Management
Pennsylvania
$286K
Citadel Advisors
125
Citadel Advisors
Florida
$267K -$105K -6,200 -27%

PFS Hedge Fund Activity: Q2 2023 in Review

188 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2023, worth a combined $904M — down 13% from $1.04B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PFS and 23 opened new positions — a net loss of 8 holders — while 70 trimmed existing stakes and 59 added.

The largest buyer was Millennium Management, adding an estimated $19.1M. The largest seller was Janus Henderson Group, cutting an estimated $7.85M.

  • 188 institutional investors held Provident Financial Services (PFS) as of Q2 2023, down from 196 in Q1 2023.
  • Funds reported $904M of Provident Financial Services stock for Q2 2023, down 13% quarter-over-quarter.
  • 23 funds opened new Provident Financial Services positions in Q2 2023 and 31 closed out, a net change of -8 holders.
  • The largest Provident Financial Services buyer in Q2 2023 was Millennium Management, an estimated $19.1M added.
  • The largest Provident Financial Services seller in Q2 2023 was Janus Henderson Group, an estimated $7.85M sold.

Based on aggregated 13F filings for Q2 2023.