Provident Financial Services
187 hedge funds and large institutions have $1.07B invested in Provident Financial Services in 2021 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 69 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
23% more capital invested
Capital invested by funds: $867M → $1.07B (+$201M)
8% more funds holding
Funds holding: 173 → 187 (+14)
0.01% less ownership
Funds ownership: 61.69% → 61.68% (-0.01%)
28% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 69
54% less call options, than puts
Call options by funds: $6K | Put options by funds: $13K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$12.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.95M |
| 3 |
BlackRock
New York
|
+$4.84M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$2.96M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.85M |
Top Sellers
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$9.45M |
| 2 |
Goldman Sachs
New York
|
-$5.59M |
| 3 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$5.27M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$4.81M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$4.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCA
201
Childress Capital Advisors
Houston,
Texas
| – | -$2K | -124 | Closed |
|
202
Simplex Trading
Chicago,
Illinois
| – | -$1.29K | -63 | Closed |
|
|
QT
203
Quantbot Technologies
New York
| – | +$409 | +20 | New |
|
PFS Hedge Fund Activity: Q1 2021 in Review
187 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2021, worth a combined $1.07B — up 23% from $867M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PFS positions and 17 closed out — a net gain of 15 holders — while 50 added to existing stakes and 69 trimmed.
The largest buyer was State Street, adding an estimated $12.4M. The largest seller was Banc Funds Company, cutting an estimated $9.45M.
- 187 institutional investors held Provident Financial Services (PFS) as of Q1 2021, up from 173 in Q4 2020.
- Funds reported $1.07B of Provident Financial Services stock for Q1 2021, up 23% quarter-over-quarter.
- 32 funds opened new Provident Financial Services positions in Q1 2021 and 17 closed out, a net change of +15 holders.
- The largest Provident Financial Services buyer in Q1 2021 was State Street, an estimated $12.4M added.
- The largest Provident Financial Services seller in Q1 2021 was Banc Funds Company, an estimated $9.45M sold.
Based on aggregated 13F filings for Q1 2021.