Provident Financial Services
165 hedge funds and large institutions have $606M invested in Provident Financial Services in 2020 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 74 increasing their positions, 42 reducing their positions, and 24 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 42
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
0% more funds holding
Funds holding: 165 → 165 (0)
4.96% less ownership
Funds ownership: 67.99% → 63.03% (-5%)
6% less capital invested
Capital invested by funds: $648M → $606M (-$41.8M)
70% less call options, than puts
Call options by funds: $620K | Put options by funds: $2.04M
Top Buyers
| 1 |
BlackRock
New York
|
+$22.9M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$14.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.5M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$9.25M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.08M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$5.19M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.78M |
| 3 |
Millennium Management
New York
|
-$4.36M |
| 4 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$2.84M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$2.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GKIM
176
GW&K Investment Management
Boston,
Massachusetts
| – | -$166K | -11,475 | Closed |
|
|
DIM
177
DC Investments Management
Mclean,
Virginia
| – | -$164K | -11,348 | Closed |
|
178
HSBC Holdings
London,
United Kingdom
| – | -$156K | -10,787 | Closed |
|
|
WCM
179
Wedge Capital Management
Charlotte,
North Carolina
| – | -$145K | -10,027 | Closed |
|
180
Walleye Trading
New York
| – | -$86.1K | -6,394 | Closed |
|
|
PHK
181
Point72 Hong Kong
Hong Kong
| – | -$40K | -2,788 | Closed |
|
|
FC
182
FORA Capital
Miami,
Florida
| – | -$35K | -2,425 | Closed |
|
|
LIA
183
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$26K | -1,791 | Closed |
|
|
SWA
184
Sutton Wealth Advisors
Tampa,
Florida
| – | -$18.2K | -1,261 | Closed |
|
|
RBC
185
Roble Belko & Company
Sewickley,
Pennsylvania
| – | -$12K | -808 | Closed |
|
|
OPS
186
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$7K | -468 | Closed |
|
|
QCG
187
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$5.21K | -387 | -91% |
|
|
PVH
188
Psagot Value Holdings
Tel Aviv,
Israel
| – | +$453K | +33,660 | New |
|
PFS Hedge Fund Activity: Q3 2020 in Review
165 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2020, worth a combined $606M — down 6.4% from $648M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PFS positions and 24 closed out — a net gain of 1 holder — while 74 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $22.9M. The largest seller was Goldman Sachs, cutting an estimated $5.19M.
- 165 institutional investors held Provident Financial Services (PFS) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $606M of Provident Financial Services stock for Q3 2020, down 6.4% quarter-over-quarter.
- 25 funds opened new Provident Financial Services positions in Q3 2020 and 24 closed out, a net change of +1 holder.
- The largest Provident Financial Services buyer in Q3 2020 was BlackRock, an estimated $22.9M added.
- The largest Provident Financial Services seller in Q3 2020 was Goldman Sachs, an estimated $5.19M sold.
Based on aggregated 13F filings for Q3 2020.