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.
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: 154 → 161 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
+$29.4M |
| 2 |
BlackRock
New York
|
+$5.74M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.96M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.48M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$5.72M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$3.17M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.41M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.21M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.19M |
PFS Hedge Fund Activity: Q3 2017 in Review
161 of the 4,022 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.