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Provident Financial Services

142 hedge funds and large institutions have $739M invested in Provident Financial Services in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

15% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 46

6% more capital invested

Capital invested by funds: $697M → $739M (+$42.2M)

1.52% more ownership

Funds ownership: 59.25%60.77% (+1.5%)

0% more funds holding

Funds holding: 142142 (0)

Holders
142
Holders Change
Holders Change %
0%
% of All Funds
3.78%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
53
Reduced
46
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$101M +$2.62M +144,623 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$74.6M +$3.84M +212,359 +6%
BFA
3
BlackRock Fund Advisors
California
$61.1M +$2.26M +124,996 +4%
KAM
4
Keeley Asset Management
Illinois
$49.6M -$856K -47,296 -2%
Northern Trust
5
Northern Trust
Illinois
$41.3M +$3.02M +167,093 +8%
Goldman Sachs
6
Goldman Sachs
New York
$34.7M -$992K -54,838 -3%
BIT
7
BlackRock Institutional Trust
California
$30.2M +$980K +54,154 +3%
Jennison Associates
8
Jennison Associates
New York
$24.4M +$20.3M +1,122,468 +603%
State Street
9
State Street
Massachusetts
$22M -$126K -6,961 -0.6%
Federated Hermes
10
Federated Hermes
Pennsylvania
$19.3M +$7.01M +387,447 +60%
Principal Financial Group
11
Principal Financial Group
Iowa
$17.8M +$541K +29,905 +3%
DRZID
12
DePrince Race & Zollo Inc (DRZ)
Florida
$17.6M +$11.3M +626,937 +197%
TA
13
Teachers Advisors
New York
$17.1M -$23.2K -1,280 -0.1%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$13.2M +$195K +10,763 +2%
DGHMC
15
Dalton, Greiner, Hartman, Maher & Co
New York
$12.2M -$83.6K -4,620 -0.7%
SFM
16
Systematic Financial Management
New Jersey
$10.8M -$49.1K -2,715 -0.5%
RFC
17
Russell Frank Company
Washington
$10.4M +$4.44M +245,094 +78%
Norges Bank
18
Norges Bank
Norway
$10.1M -$365K -20,176 -4%
HAI
19
Hennessy Advisors Inc
California
$9.32M -$724K -40,000 -7%
Prudential Financial
20
Prudential Financial
New Jersey
$8.97M +$3.71M +204,820 +74%
PI
21
Putnam Investments
Massachusetts
$8.51M +$284K +15,700 +4%
Ameriprise
22
Ameriprise
Minnesota
$8M -$193K -10,648 -2%
Renaissance Technologies
23
Renaissance Technologies
New York
$6.75M +$1.62M +89,500 +33%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$6.31M +$362K +19,988 +6%
TCIM
25
TIAA CREF Investment Management
New York
$5.67M -$176K -9,713 -3%

PFS Hedge Fund Activity: Q1 2015 in Review

142 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2015, worth a combined $739M — up 6.1% from $697M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PFS positions and 10 closed out — a net gain of 2 holders — while 53 added to existing stakes and 46 trimmed.

The largest buyer was Jennison Associates, adding an estimated $20.3M. The largest seller was Heartland Advisors, cutting an estimated $30.8M.

  • 142 institutional investors held Provident Financial Services (PFS) as of Q1 2015, unchanged from Q4 2014.
  • Funds reported $739M of Provident Financial Services stock for Q1 2015, up 6.1% quarter-over-quarter.
  • 12 funds opened new Provident Financial Services positions in Q1 2015 and 10 closed out, a net change of +2 holders.
  • The largest Provident Financial Services buyer in Q1 2015 was Jennison Associates, an estimated $20.3M added.
  • The largest Provident Financial Services seller in Q1 2015 was Heartland Advisors, an estimated $30.8M sold.

Based on aggregated 13F filings for Q1 2015.