Provident Financial Services
PFS
165 hedge funds and large institutions have $648M invested in Provident Financial Services in 2020 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 15 closing their positions.
417% more call options, than puts
Call options by funds: $895K | Put options by funds: $173K
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
14% more capital invested
Capital invested by funds: $570M → $648M (+$78.6M)
11% more funds holding
Funds holding: 149 → 165 (+16)
0.97% more ownership
Funds ownership: 67.02% → 67.99% (+0.97%)
Top Buyers
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$7.02M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$6.51M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$4.87M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$2.46M |
| 5 |
JP Morgan Chase
New York
|
+$2.04M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.6M |
| 2 |
Goldman Sachs
New York
|
-$4.2M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.66M |
| 4 |
Renaissance Technologies
New York
|
-$3.41M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$2.42M |
PFS Hedge Fund Activity: Q2 2020 in Review
165 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2020, worth a combined $648M — up 14% from $570M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PFS positions and 15 closed out — a net gain of 16 holders — while 56 added to existing stakes and 49 trimmed.
The largest buyer was ProShare Advisors, opening a new position worth an estimated $7.02M. The largest seller was Invesco, cutting an estimated $12.6M.
- 165 institutional investors held Provident Financial Services (PFS) as of Q2 2020, up from 149 in Q1 2020.
- Funds reported $648M of Provident Financial Services stock for Q2 2020, up 14% quarter-over-quarter.
- 31 funds opened new Provident Financial Services positions in Q2 2020 and 15 closed out, a net change of +16 holders.
- The largest Provident Financial Services buyer in Q2 2020 was ProShare Advisors, an estimated $7.02M added.
- The largest Provident Financial Services seller in Q2 2020 was Invesco, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2020.