Provident Financial Services
PFS
159 hedge funds and large institutions have $811M invested in Provident Financial Services in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 40 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
63% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 40
8% more funds holding
Funds holding: 147 → 159 (+12)
6% more capital invested
Capital invested by funds: $765M → $811M (+$45.5M)
1.71% more ownership
Funds ownership: 61.41% → 63.12% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.92M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.45M |
| 3 |
Renaissance Technologies
New York
|
+$2.27M |
| 4 |
Morgan Stanley
New York
|
+$2.14M |
| 5 |
SCA
Secor Capital Advisors
New York
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$3.8M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$2.32M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
-$2M |
| 4 |
Jennison Associates
New York
|
-$1.91M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$1.62M |
PFS Hedge Fund Activity: Q3 2015 in Review
159 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2015, worth a combined $811M — up 5.9% from $765M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PFS positions and 11 closed out — a net gain of 12 holders — while 65 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.92M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $3.8M.
- 159 institutional investors held Provident Financial Services (PFS) as of Q3 2015, up from 147 in Q2 2015.
- Funds reported $811M of Provident Financial Services stock for Q3 2015, up 5.9% quarter-over-quarter.
- 23 funds opened new Provident Financial Services positions in Q3 2015 and 11 closed out, a net change of +12 holders.
- The largest Provident Financial Services buyer in Q3 2015 was BlackRock Fund Advisors, an estimated $3.92M added.
- The largest Provident Financial Services seller in Q3 2015 was Bryn Mawr Capital Management Inc, an estimated $3.8M sold.
Based on aggregated 13F filings for Q3 2015.