Provident Financial Services
PFS
159 hedge funds and large institutions have $1.1B invested in Provident Financial Services in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 51 reducing their positions, and 19 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 51
0.48% less ownership
Funds ownership: 64.55% → 64.07% (-0.48%)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
5% less funds holding
Funds holding: 167 → 159 (-8)
9% less capital invested
Capital invested by funds: $1.21B → $1.1B (-$106M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$199M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.5M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.58M |
| 4 |
Millennium Management
New York
|
+$5.52M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$25.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.42M |
| 3 |
Morgan Stanley
New York
|
-$3.66M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.74M |
| 5 |
Goldman Sachs
New York
|
-$2.51M |
PFS Hedge Fund Activity: Q1 2017 in Review
159 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2017, worth a combined $1.1B — down 8.8% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PFS and 18 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 53 added.
The largest buyer was BlackRock, adding an estimated $199M. The largest seller was Allianz Asset Management, cutting an estimated $25.3M.
- 159 institutional investors held Provident Financial Services (PFS) as of Q1 2017, down from 167 in Q4 2016.
- Funds reported $1.1B of Provident Financial Services stock for Q1 2017, down 8.8% quarter-over-quarter.
- 18 funds opened new Provident Financial Services positions in Q1 2017 and 19 closed out, a net change of -1 holder.
- The largest Provident Financial Services buyer in Q1 2017 was BlackRock, an estimated $199M added.
- The largest Provident Financial Services seller in Q1 2017 was Allianz Asset Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q1 2017.