Provident Financial Services
142 hedge funds and large institutions have $739M invested in Provident Financial Services in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
6% more capital invested
Capital invested by funds: $697M → $739M (+$42.2M)
1.52% more ownership
Funds ownership: 59.25% → 60.77% (+1.5%)
0% more funds holding
Funds holding: 142 → 142 (0)
Top Buyers
| 1 |
Jennison Associates
New York
|
+$20.3M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$11.3M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$7.01M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.44M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.84M |
Top Sellers
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$30.8M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.02M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.76M |
| 4 |
Morgan Stanley
New York
|
-$1.3M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -87 | Closed |
|
152
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -47 | Closed |
|
PFS Hedge Fund Activity: Q1 2015 in Review
142 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2015, worth a combined $739M — up 6.1% from $697M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PFS positions and 10 closed out — a net gain of 2 holders — while 53 added to existing stakes and 46 trimmed.
The largest buyer was Jennison Associates, adding an estimated $20.3M. The largest seller was Heartland Advisors, cutting an estimated $30.8M.
- 142 institutional investors held Provident Financial Services (PFS) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $739M of Provident Financial Services stock for Q1 2015, up 6.1% quarter-over-quarter.
- 12 funds opened new Provident Financial Services positions in Q1 2015 and 10 closed out, a net change of +2 holders.
- The largest Provident Financial Services buyer in Q1 2015 was Jennison Associates, an estimated $20.3M added.
- The largest Provident Financial Services seller in Q1 2015 was Heartland Advisors, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2015.