Provident Financial Services
131 hedge funds and large institutions have $683M invested in Provident Financial Services in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 44 increasing their positions, 57 reducing their positions, and 11 closing their positions.
10% more capital inflows, than outflows
Capital inflows: $36.8M | Capital outflows: $33.6M
0.02% more ownership
Funds ownership: 61.77% → 61.79% (+0.02%)
0% more funds holding
Funds holding: 131 → 131 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
23% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Keeley Asset Management
Chicago,
Illinois
|
+$14.4M |
| 2 |
Putnam Investments
Boston,
Massachusetts
|
+$7.32M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.69M |
| 4 |
Hennessy Advisors Inc
Novato,
California
|
+$1.99M |
| 5 |
Nationwide Fund Advisors
Columbus,
Ohio
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$14.7M |
| 2 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
-$2.35M |
| 3 |
JP Morgan Chase
New York
|
-$1.74M |
| 4 |
Perkins Investment Management
Chicago,
Illinois
|
-$1.29M |
| 5 |
Millennium Management
New York
|
-$1.11M |
PFS Hedge Fund Activity: Q1 2014 in Review
131 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2014, worth a combined $683M — down 4.4% from $715M a quarter earlier.
Fund positioning in PFS was balanced in Q1 2014: 11 funds opened new positions, 11 closed out, 44 added to existing stakes and 57 trimmed.
The largest buyer was Keeley Asset Management, adding an estimated $14.4M. The largest seller was Bank of New York Mellon, cutting an estimated $14.7M.
- 131 institutional investors held Provident Financial Services (PFS) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $683M of Provident Financial Services stock for Q1 2014, down 4.4% quarter-over-quarter.
- 11 funds opened new Provident Financial Services positions in Q1 2014 and 11 closed out, a net change of 0 holders.
- The largest Provident Financial Services buyer in Q1 2014 was Keeley Asset Management, an estimated $14.4M added.
- The largest Provident Financial Services seller in Q1 2014 was Bank of New York Mellon, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2014.