Provident Financial Services
PFS
186 hedge funds and large institutions have $1.15B invested in Provident Financial Services in 2022 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 55 increasing their positions, 71 reducing their positions, and 13 closing their positions.
144% more call options, than puts
Call options by funds: $324K | Put options by funds: $133K
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
1% more funds holding
Funds holding: 185 → 186 (+1)
0.49% more ownership
Funds ownership: 63.46% → 63.95% (+0.49%)
3% less capital invested
Capital invested by funds: $1.19B → $1.15B (-$38M)
23% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 71
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$9.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$5.98M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$4.76M |
| 4 |
Renaissance Technologies
New York
|
+$3.64M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.86M |
| 2 |
PU
Petiole USA
New York
|
-$3.88M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.85M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.01M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$2.83M |
PFS Hedge Fund Activity: Q1 2022 in Review
186 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2022, worth a combined $1.15B — down 3.2% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PFS positions and 13 closed out — a net gain of 3 holders — while 55 added to existing stakes and 71 trimmed.
The largest buyer was Invesco, adding an estimated $9.7M. The largest seller was JP Morgan Chase, cutting an estimated $9.86M.
- 186 institutional investors held Provident Financial Services (PFS) as of Q1 2022, up from 185 in Q4 2021.
- Funds reported $1.15B of Provident Financial Services stock for Q1 2022, down 3.2% quarter-over-quarter.
- 16 funds opened new Provident Financial Services positions in Q1 2022 and 13 closed out, a net change of +3 holders.
- The largest Provident Financial Services buyer in Q1 2022 was Invesco, an estimated $9.7M added.
- The largest Provident Financial Services seller in Q1 2022 was JP Morgan Chase, an estimated $9.86M sold.
Based on aggregated 13F filings for Q1 2022.