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Provident Financial Services

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 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 51

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

0.48% less ownership

Funds ownership: 64.55%64.07% (-0.48%)

4% less funds holding

Funds holding: 166159 (-7)

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

Holders
159
Holders Change
-7
Holders Change %
-4.22%
% of All Funds
3.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
53
Reduced
51
Closed
18
Calls
Puts
$4K
Net Calls
-$4K
Net Calls Change
-$3K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$195M +$199M +7,507,594 +43,449%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$144M -$733K -27,652 -0.5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$143M +$10.5M +394,788 +8%
Northern Trust
4
Northern Trust
Illinois
$59.8M +$206K +7,771 +0.3%
Goldman Sachs
5
Goldman Sachs
New York
$47.9M -$2.51M -94,606 -5%
State Street
6
State Street
Massachusetts
$38.1M +$891K +33,602 +2%
KTA
7
Keeley-Teton Advisors
Illinois
$30.3M +$31.1M +1,172,046 New
Principal Financial Group
8
Principal Financial Group
Iowa
$30.2M +$1.33M +50,160 +4%
Renaissance Technologies
9
Renaissance Technologies
New York
$27.5M +$1.81M +68,100 +7%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$24M +$1.57M +59,145 +7%
TA
11
Teachers Advisors
New York
$24M +$303K +11,440 +1%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$23.9M -$6.42M -242,009 -21%
Norges Bank
13
Norges Bank
Norway
$23.2M +$3.99M +150,337 +20%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$22.9M +$5.58M +210,384 +31%
DGHMC
15
Dalton, Greiner, Hartman, Maher & Co
New York
$20.6M +$673K +25,368 +3%
Invesco
16
Invesco
Georgia
$15.4M +$335K +12,653 +2%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$12.7M +$513K +19,365 +4%
Ameriprise
18
Ameriprise
Minnesota
$12.1M +$354K +13,345 +3%
SFM
19
Systematic Financial Management
New Jersey
$11.7M -$196K -7,395 -2%
Prudential Financial
20
Prudential Financial
New Jersey
$9.89M -$2.35M -88,510 -19%
Charles Schwab
21
Charles Schwab
California
$7.8M +$559K +21,075 +8%
TCIM
22
TIAA CREF Investment Management
New York
$6.84M -$263K -9,903 -4%
BT
23
Beacon Trust
New Jersey
$6.66M
BCM
24
Bridgeway Capital Management
Texas
$6.47M
Millennium Management
25
Millennium Management
New York
$5.96M +$5.52M +208,259 +927%

PFS Hedge Fund Activity: Q1 2017 in Review

159 of the 4,017 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.

Fund positioning in PFS was balanced in Q1 2017: 18 funds opened new positions, 18 closed out, 53 added to existing stakes and 51 trimmed.

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 166 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 18 closed out, a net change of 0 holders.
  • 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.