Provident Financial Services
153 hedge funds and large institutions have $811M invested in Provident Financial Services in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 51 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
1% more funds holding
Funds holding: 151 → 153 (+2)
2% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 51
0.27% less ownership
Funds ownership: 62.72% → 62.45% (-0.27%)
2% less capital invested
Capital invested by funds: $826M → $811M (-$15.7M)
Top Buyers
Top Sellers
| 1 |
Jennison Associates
New York
|
-$9.93M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$5.7M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.99M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.96M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$1.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
151
WealthPLAN Partners
Omaha,
Nebraska
| $11 | +$10.8K | +542 | New |
|
|
MCM
152
Maltese Capital Management
New York
| – | -$1.51M | -75,000 | Closed |
|
|
SCM
153
Sterling Capital Management
Charlotte,
North Carolina
| – | -$786K | -38,934 | Closed |
|
|
BAM
154
Berkshire Asset Management
Wilkes Barre,
Pennsylvania
| – | -$641K | -31,738 | Closed |
|
|
RQS
155
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$627K | -31,036 | Closed |
|
|
GH
156
GAM Holding
Zurich,
Switzerland
| – | -$444K | -22,000 | Closed |
|
157
Stifel Financial
St. Louis,
Missouri
| – | -$233K | -11,560 | Closed |
|
|
ARTA
158
A.R.T. Advisors
New York
| – | -$208K | -10,349 | Closed |
|
|
MCM
159
Manchester Capital Management
Manchester,
Vermont
| – | -$105K | -5,203 | Closed |
|
|
AIM
160
Acrospire Investment Management
Chicago,
Illinois
| – | -$22K | -1,107 | Closed |
|
161
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$179 | +9 | New |
|
PFS Hedge Fund Activity: Q2 2016 in Review
153 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2016, worth a combined $811M — down 1.9% from $826M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PFS positions and 9 closed out — a net gain of 3 holders — while 52 added to existing stakes and 51 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $12.2M. The largest seller was Jennison Associates, cutting an estimated $9.93M.
- 153 institutional investors held Provident Financial Services (PFS) as of Q2 2016, up from 151 in Q1 2016.
- Funds reported $811M of Provident Financial Services stock for Q2 2016, down 1.9% quarter-over-quarter.
- 12 funds opened new Provident Financial Services positions in Q2 2016 and 9 closed out, a net change of +3 holders.
- The largest Provident Financial Services buyer in Q2 2016 was Allianz Asset Management, an estimated $12.2M added.
- The largest Provident Financial Services seller in Q2 2016 was Jennison Associates, an estimated $9.93M sold.
Based on aggregated 13F filings for Q2 2016.