Provident Financial Services
143 hedge funds and large institutions have $699M 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.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
12% more capital invested
Capital invested by funds: $626M → $699M (+$72.4M)
1% more funds holding
Funds holding: 142 → 143 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$8.27M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$5.57M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.41M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.12M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.19M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.44M |
| 3 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$1.73M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.38M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.27M |
PFS Hedge Fund Activity: Q4 2014 in Review
143 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2014, worth a combined $699M — up 12% 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.
- 143 institutional investors held Provident Financial Services (PFS) as of Q4 2014, up from 142 in Q3 2014.
- Funds reported $699M of Provident Financial Services stock for Q4 2014, up 12% 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.