Provident Financial Services
154 hedge funds and large institutions have $1.09B invested in Provident Financial Services in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 59 increasing their positions, 49 reducing their positions, and 25 closing their positions.
838% more call options, than puts
Call options by funds: $2.85M | Put options by funds: $304K
20% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 49
1% more capital invested
Capital invested by funds: $1.08B → $1.09B (+$6.7M)
0.25% less ownership
Funds ownership: 66.84% → 66.59% (-0.25%)
8% less funds holding
Funds holding: 167 → 154 (-13)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
Top Buyers
| 1 |
Marshall Wace
London,
United Kingdom
|
+$4.62M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.19M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$3.8M |
| 4 |
BlackRock
New York
|
+$3.64M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.71M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
176
Denali Advisors
San Diego,
California
| – | -$32K | -1,300 | Closed |
|
|
QT
177
Quantbot Technologies
New York
| – | -$26K | -1,100 | Closed |
|
178
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -163 | Closed |
|
|
FGAM
179
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$24 | +1 | +7% |
|
PFS Hedge Fund Activity: Q3 2019 in Review
154 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2019, worth a combined $1.09B — up 0.62% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PFS and 12 opened new positions — a net loss of 13 holders — while 49 trimmed existing stakes and 59 added.
The largest buyer was Marshall Wace, adding an estimated $4.62M. The largest seller was Millennium Management, cutting an estimated $5.46M.
- 154 institutional investors held Provident Financial Services (PFS) as of Q3 2019, down from 167 in Q2 2019.
- Funds reported $1.09B of Provident Financial Services stock for Q3 2019, up 0.62% quarter-over-quarter.
- 12 funds opened new Provident Financial Services positions in Q3 2019 and 25 closed out, a net change of -13 holders.
- The largest Provident Financial Services buyer in Q3 2019 was Marshall Wace, an estimated $4.62M added.
- The largest Provident Financial Services seller in Q3 2019 was Millennium Management, an estimated $5.46M sold.
Based on aggregated 13F filings for Q3 2019.