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Provident Financial Services

142 hedge funds and large institutions have $697M invested in Provident Financial Services in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

11% more capital invested

Capital invested by funds: $626M → $697M (+$71.2M)

1% more funds holding

Funds holding: 141142 (+1)

0.66% more ownership

Funds ownership: 58.58%59.25% (+0.66%)

0% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 50

Holders
142
Holders Change
+1
Holders Change %
+0.71%
% of All Funds
3.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
50
Reduced
50
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$95.4M +$2.12M +120,985 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$68.4M +$207K +11,850 +0.3%
BFA
3
BlackRock Fund Advisors
California
$56.9M +$5.41M +309,318 +11%
KAM
4
Keeley Asset Management
Illinois
$48.8M -$692K -39,570 -1%
Northern Trust
5
Northern Trust
Illinois
$37M -$76K -4,346 -0.2%
Goldman Sachs
6
Goldman Sachs
New York
$34.6M +$478K +27,348 +1%
HA
7
Heartland Advisors
Wisconsin
$31.8M -$35.7K -2,040 -0.1%
BIT
8
BlackRock Institutional Trust
California
$28.2M -$265K -15,174 -1%
State Street
9
State Street
Massachusetts
$21.4M +$312K +17,852 +2%
Principal Financial Group
10
Principal Financial Group
Iowa
$16.7M +$166K +9,473 +1%
TA
11
Teachers Advisors
New York
$16.6M +$1.2M +68,790 +8%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$12.5M -$118K -6,775 -1%
DGHMC
13
Dalton, Greiner, Hartman, Maher & Co
New York
$11.9M +$122K +6,961 +1%
Federated Hermes
14
Federated Hermes
Pennsylvania
$11.7M +$8.27M +473,094 +268%
SFM
15
Systematic Financial Management
New Jersey
$10.5M +$574K +32,849 +6%
Norges Bank
16
Norges Bank
Norway
$10.1M
HAI
17
Hennessy Advisors Inc
California
$9.75M -$175K -10,000 -2%
PI
18
Putnam Investments
Massachusetts
$7.96M +$56K +3,200 +0.7%
Ameriprise
19
Ameriprise
Minnesota
$7.93M +$200K +11,415 +3%
DRZID
20
DePrince Race & Zollo Inc (DRZ)
Florida
$5.76M +$5.57M +318,707 New
Geode Capital Management
21
Geode Capital Management
Massachusetts
$5.75M +$131K +7,495 +2%
RFC
22
Russell Frank Company
Washington
$5.68M +$1.62M +92,704 +42%
TCIM
23
TIAA CREF Investment Management
New York
$5.67M -$173K -9,900 -3%
Deutsche Bank
24
Deutsche Bank
Germany
$5.04M +$230K +13,175 +5%
Prudential Financial
25
Prudential Financial
New Jersey
$4.99M -$10.5K -600 -0.2%

PFS Hedge Fund Activity: Q4 2014 in Review

142 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2014, worth a combined $697M — up 11% from $626M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFS positions and 12 closed out — a net gain of 3 holders — while 50 added to existing stakes and 50 trimmed.

The largest buyer was Federated Hermes, adding an estimated $8.27M. The largest seller was Millennium Management, cutting an estimated $7.19M.

  • 142 institutional investors held Provident Financial Services (PFS) as of Q4 2014, up from 141 in Q3 2014.
  • Funds reported $697M of Provident Financial Services stock for Q4 2014, up 11% quarter-over-quarter.
  • 15 funds opened new Provident Financial Services positions in Q4 2014 and 12 closed out, a net change of +3 holders.
  • The largest Provident Financial Services buyer in Q4 2014 was Federated Hermes, an estimated $8.27M added.
  • The largest Provident Financial Services seller in Q4 2014 was Millennium Management, an estimated $7.19M sold.

Based on aggregated 13F filings for Q4 2014.