Provident Financial Services
PFS
190 hedge funds and large institutions have $1.09B invested in Provident Financial Services in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 72 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
16% more call options, than puts
Call options by funds: $420K | Put options by funds: $363K
2% more funds holding
Funds holding: 186 → 190 (+4)
0.79% more ownership
Funds ownership: 63.95% → 64.73% (+0.79%)
6% less capital invested
Capital invested by funds: $1.15B → $1.09B (-$64M)
29% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 72
Top Buyers
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.88M |
| 2 |
Morgan Stanley
New York
|
+$6.55M |
| 3 |
Goldman Sachs
New York
|
+$3.18M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.04M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.74M |
Top Sellers
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$5.76M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$4.53M |
| 3 |
BlackRock
New York
|
-$4.12M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$3.53M |
| 5 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$3.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Simplex Trading
Chicago,
Illinois
| – | -$21.4K | -956 | Closed |
|
|
MPWT
202
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$5K | -214 | Closed |
|
|
GAM
203
Gemmer Asset Management
Walnut Creek,
California
| – | -$3K | -135 | Closed |
|
|
TFO
204
Tarbox Family Office
Newport Beach,
California
| – | -$1K | -33 | Closed |
|
205
Rockefeller Capital Management
New York
| – | +$827 | +37 | New |
|
PFS Hedge Fund Activity: Q2 2022 in Review
190 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2022, worth a combined $1.09B — down 5.6% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PFS positions and 15 closed out — a net gain of 9 holders — while 51 added to existing stakes and 72 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $6.88M. The largest seller was HSBC Holdings, cutting an estimated $5.76M.
- 190 institutional investors held Provident Financial Services (PFS) as of Q2 2022, up from 186 in Q1 2022.
- Funds reported $1.09B of Provident Financial Services stock for Q2 2022, down 5.6% quarter-over-quarter.
- 24 funds opened new Provident Financial Services positions in Q2 2022 and 15 closed out, a net change of +9 holders.
- The largest Provident Financial Services buyer in Q2 2022 was Principal Financial Group, an estimated $6.88M added.
- The largest Provident Financial Services seller in Q2 2022 was HSBC Holdings, an estimated $5.76M sold.
Based on aggregated 13F filings for Q2 2022.