Provident Financial Services
149 hedge funds and large institutions have $878M invested in Provident Financial Services in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 11 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
8% more capital invested
Capital invested by funds: $811M → $878M (+$67.6M)
0.61% more ownership
Funds ownership: 62.45% → 63.06% (+0.61%)
3% less funds holding
Funds holding: 153 → 149 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
Top Sellers
| 1 |
Jennison Associates
New York
|
-$5.82M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$3.39M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.4M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.34M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Nordea Investment Management
Stockholm,
Sweden
| – | -$672K | -34,200 | Closed |
|
152
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$545K | -27,730 | Closed |
|
|
QSS
153
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$512K | -26,690 | Closed |
|
154
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$522K | -26,600 | Closed |
|
|
PP
155
Paloma Partners
Greenwich,
Connecticut
| – | -$218K | -11,091 | Closed |
|
|
QT
156
Quantbot Technologies
New York
| – | -$121K | -6,189 | Closed |
|
|
TRCT
157
Tower Research Capital (TRC)
New York
| – | -$43K | -2,199 | Closed |
|
|
WP
158
WealthPLAN Partners
Omaha,
Nebraska
| – | -$11 | -542 | Closed |
|
PFS Hedge Fund Activity: Q3 2016 in Review
149 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2016, worth a combined $878M — up 8.3% from $811M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PFS and 8 opened new positions — a net loss of 3 holders — while 49 trimmed existing stakes and 56 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $8.05M. The largest seller was Jennison Associates, cutting an estimated $5.82M.
- 149 institutional investors held Provident Financial Services (PFS) as of Q3 2016, down from 153 in Q2 2016.
- Funds reported $878M of Provident Financial Services stock for Q3 2016, up 8.3% quarter-over-quarter.
- 8 funds opened new Provident Financial Services positions in Q3 2016 and 11 closed out, a net change of -3 holders.
- The largest Provident Financial Services buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $8.05M added.
- The largest Provident Financial Services seller in Q3 2016 was Jennison Associates, an estimated $5.82M sold.
Based on aggregated 13F filings for Q3 2016.