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Provident Financial Services

161 hedge funds and large institutions have $1.15B invested in Provident Financial Services in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

9% more capital invested

Capital invested by funds: $1.06B → $1.15B (+$98.6M)

5% more funds holding

Funds holding: 154161 (+7)

2.75% more ownership

Funds ownership: 62.39%65.14% (+2.8%)

25% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 57

Holders
161
Holders Change
+7
Holders Change %
+4.55%
% of All Funds
4.01%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
21
Increased
43
Reduced
57
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$207M +$5.74M +226,223 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$153M +$3.34M +131,606 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$149M -$68.2K -2,690 -0%
Northern Trust
4
Northern Trust
Illinois
$65.3M +$74.8K +2,951 +0.1%
Goldman Sachs
5
Goldman Sachs
New York
$48.2M +$345K +13,614 +0.8%
State Street
6
State Street
Massachusetts
$40.4M -$458K -18,080 -1%
BIAS
7
Beacon Investment Advisory Services
New Jersey
$30.9M +$29.4M +1,159,881 New
Renaissance Technologies
8
Renaissance Technologies
New York
$28.3M -$520K -20,500 -2%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$26.9M -$293K -11,559 -1%
Norges Bank
10
Norges Bank
Norway
$25.5M +$1.07M +42,358 +5%
TA
11
Teachers Advisors
New York
$24.4M -$71.6K -2,825 -0.3%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$24.1M +$76.4K +3,013 +0.3%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$23.9M -$690K -27,224 -3%
KTA
14
Keeley-Teton Advisors
Illinois
$23M -$5.72M -225,586 -21%
DGHMC
15
Dalton, Greiner, Hartman, Maher & Co
New York
$21.3M +$212K +8,342 +1%
Invesco
16
Invesco
Georgia
$15.7M +$346K +13,664 +2%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$13.7M +$279K +11,021 +2%
Prudential Financial
18
Prudential Financial
New Jersey
$12.9M +$1.19M +47,080 +11%
SFM
19
Systematic Financial Management
New Jersey
$12.8M +$161K +6,364 +1%
Ameriprise
20
Ameriprise
Minnesota
$12.6M +$165K +6,498 +1%
Principal Financial Group
21
Principal Financial Group
Iowa
$12.4M -$183K -7,216 -2%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$10.4M +$3.96M +156,040 +67%
Aberdeen Group
23
Aberdeen Group
United Kingdom
$9.6M +$9.13M +360,000 New
Charles Schwab
24
Charles Schwab
California
$9.12M +$264K +10,398 +3%
TCIM
25
TIAA CREF Investment Management
New York
$7.2M +$581K +22,923 +9%

PFS Hedge Fund Activity: Q3 2017 in Review

161 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2017, worth a combined $1.15B — up 9.3% from $1.06B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PFS positions and 12 closed out — a net gain of 9 holders — while 43 added to existing stakes and 57 trimmed.

The largest buyer was Beacon Investment Advisory Services, opening a new position worth an estimated $29.4M. The largest seller was Keeley-Teton Advisors, cutting an estimated $5.72M.

  • 161 institutional investors held Provident Financial Services (PFS) as of Q3 2017, up from 154 in Q2 2017.
  • Funds reported $1.15B of Provident Financial Services stock for Q3 2017, up 9.3% quarter-over-quarter.
  • 21 funds opened new Provident Financial Services positions in Q3 2017 and 12 closed out, a net change of +9 holders.
  • The largest Provident Financial Services buyer in Q3 2017 was Beacon Investment Advisory Services, an estimated $29.4M added.
  • The largest Provident Financial Services seller in Q3 2017 was Keeley-Teton Advisors, an estimated $5.72M sold.

Based on aggregated 13F filings for Q3 2017.