Provident Financial Services
169 hedge funds and large institutions have $1.19B invested in Provident Financial Services in 2017 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 68 increasing their positions, 44 reducing their positions, and 17 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 44
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
5% more funds holding
Funds holding: 161 → 169 (+8)
1.25% more ownership
Funds ownership: 65.14% → 66.4% (+1.3%)
3% more capital invested
Capital invested by funds: $1.15B → $1.19B (+$36M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$8.91M |
| 2 |
BlackRock
New York
|
+$8.01M |
| 3 |
Millennium Management
New York
|
+$3.83M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$3.81M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.25M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHC
176
Hutchin Hill Capital
New York
| – | -$640K | -24,000 | Closed |
|
177
Balyasny Asset Management
Chicago,
Illinois
| – | -$532K | -19,949 | Closed |
|
|
PTC
178
Philadelphia Trust Company
Philadelphia,
Pennsylvania
| – | -$435K | -16,304 | Closed |
|
|
GC
179
Guggenheim Capital
Chicago,
Illinois
| – | -$404K | -15,126 | Closed |
|
180
SG Americas Securities
New York
| – | -$349K | -13,089 | Closed |
|
|
RJFSA
181
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$298K | -11,171 | Closed |
|
|
TRCT
182
Tower Research Capital (TRC)
New York
| – | -$244K | -9,161 | Closed |
|
|
N
183
Natixis
Paris,
France
| – | -$242K | -9,088 | Closed |
|
|
JG
184
Jefferies Group
New York
| – | -$235K | -8,805 | Closed |
|
185
Verition Fund Management
Greenwich,
Connecticut
| – | -$212K | -7,959 | Closed |
|
|
PP
186
Paloma Partners
Greenwich,
Connecticut
| – | -$203K | -7,642 | Closed |
|
PFS Hedge Fund Activity: Q4 2017 in Review
169 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2017, worth a combined $1.19B — up 3.1% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PFS positions and 17 closed out — a net gain of 8 holders — while 68 added to existing stakes and 44 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $8.91M. The largest seller was Wellington Management Group, cutting an estimated $12.7M.
- 169 institutional investors held Provident Financial Services (PFS) as of Q4 2017, up from 161 in Q3 2017.
- Funds reported $1.19B of Provident Financial Services stock for Q4 2017, up 3.1% quarter-over-quarter.
- 25 funds opened new Provident Financial Services positions in Q4 2017 and 17 closed out, a net change of +8 holders.
- The largest Provident Financial Services buyer in Q4 2017 was Thrivent Financial for Lutherans, an estimated $8.91M added.
- The largest Provident Financial Services seller in Q4 2017 was Wellington Management Group, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2017.