Provident Financial Services
163 hedge funds and large institutions have $1.23B invested in Provident Financial Services in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 68 increasing their positions, 45 reducing their positions, and 15 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 45
9% more capital invested
Capital invested by funds: $1.13B → $1.23B (+$99.4M)
0.55% more ownership
Funds ownership: 66.27% → 66.82% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 168 → 163 (-5)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| 1 |
BlackRock
New York
|
+$13M |
| 2 |
MCM
Moore Capital Management
New York
|
+$7.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.21M |
| 4 |
Goldman Sachs
New York
|
+$2.4M |
| 5 |
Renaissance Technologies
New York
|
+$2.28M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$12.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.26M |
| 3 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$3.26M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.47M |
| 5 |
KTC
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
|
-$1.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
176
Next Financial Group
Houston,
Texas
| – | -$208K | -8,125 | Closed |
|
|
QT
177
Quantbot Technologies
New York
| – | -$58K | -2,300 | Closed |
|
178
Parallax Volatility Advisers
San Francisco,
California
| – | -$9K | -336 | Closed |
|
PFS Hedge Fund Activity: Q2 2018 in Review
163 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2018, worth a combined $1.23B — up 8.8% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PFS and 12 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 68 added.
The largest buyer was BlackRock, adding an estimated $13M. The largest seller was Millennium Management, cutting an estimated $12.5M.
- 163 institutional investors held Provident Financial Services (PFS) as of Q2 2018, down from 168 in Q1 2018.
- Funds reported $1.23B of Provident Financial Services stock for Q2 2018, up 8.8% quarter-over-quarter.
- 12 funds opened new Provident Financial Services positions in Q2 2018 and 15 closed out, a net change of -3 holders.
- The largest Provident Financial Services buyer in Q2 2018 was BlackRock, an estimated $13M added.
- The largest Provident Financial Services seller in Q2 2018 was Millennium Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2018.