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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
QCM
126
Quantinno Capital Management
New York
$259K +$1.16K +68 +0.4%
AA
127
ALPS Advisors
Colorado
$251K +$1.96K +115 +0.8%
CAPTRUST Financial Advisors
128
CAPTRUST Financial Advisors
North Carolina
$247K -$102 -6 -0%
MOACM
129
Mutual of America Capital Management
New York
$241K -$12.9K -759 -5%
ECM
130
Everence Capital Management
Indiana
$228K
BCI
131
Brinker Capital Investments
Pennsylvania
$216K -$935 -55 -0.4%
OPS
132
Orion Portfolio Solutions
Nebraska
$216K -$935 -55 -0.4%
DFCM
133
Dark Forest Capital Management
Puerto Rico
$214K +$221K +12,990 +11,496%
Mariner
134
Mariner
Kansas
$204K -$1.58K -93 -0.7%
PAG
135
Private Advisor Group
New Jersey
$198K +$595 +35 +0.3%
Teacher Retirement System of Texas
136
Teacher Retirement System of Texas
Texas
$198K -$159K -9,376 -44%
VF
137
Virtu Financial
New York
$192K +$200K +11,749 New
IFA
138
Index Fund Advisors
California
$192K
ProShare Advisors
139
ProShare Advisors
Maryland
$188K +$14.8K +868 +8%
HWAM
140
Hennion & Walsh Asset Management
New Jersey
$186K +$193K +11,363 New
State of Wisconsin Investment Board
141
State of Wisconsin Investment Board
Wisconsin
$179K -$77.4K -4,551 -29%
YIH
142
Y-Intercept (HK)
Hong Kong
$178K +$186K +10,918 New
HighTower Advisors
143
HighTower Advisors
Illinois
$178K +$185K +10,856 New
Zurich Cantonal Bank
144
Zurich Cantonal Bank
Switzerland
$173K
HCM
145
Highlander Capital Management
New Jersey
$164K
Amundi
146
Amundi
France
$159K -$17.9K -1,052 -10%
SPIA
147
Steward Partners Investment Advisory
New York
$101K
AIP
148
Ameritas Investment Partners
Nebraska
$91.6K
KBC Group
149
KBC Group
Belgium
$84K -$71.9K -4,230 -45%
AssetMark Inc
150
AssetMark Inc
California
$68.8K +$22.9K +1,347 +47%

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.