Provident Financial Services
169 hedge funds and large institutions have $1.13B invested in Provident Financial Services in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 18 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 54
0% more funds holding
Funds holding: 169 → 169 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
0.12% less ownership
Funds ownership: 66.4% → 66.27% (-0.12%)
5% less capital invested
Capital invested by funds: $1.19B → $1.13B (-$57.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.54M |
| 2 |
Millennium Management
New York
|
+$3.36M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.19M |
| 4 |
GC
Gillson Capital
Chicago,
Illinois
|
+$2.37M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.7M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$1.41M |
| 3 |
Goldman Sachs
New York
|
-$1.27M |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$1.26M |
| 5 |
EGM
Engineers Gate Manager
New York
|
-$1.22M |
PFS Hedge Fund Activity: Q1 2018 in Review
169 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2018, worth a combined $1.13B — down 4.8% from $1.19B a quarter earlier.
Fund positioning in PFS was balanced in Q1 2018: 18 funds opened new positions, 18 closed out, 60 added to existing stakes and 54 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $4.54M. The largest seller was Wellington Management Group, exiting entirely with an estimated $14.7M sold.
- 169 institutional investors held Provident Financial Services (PFS) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $1.13B of Provident Financial Services stock for Q1 2018, down 4.8% quarter-over-quarter.
- 18 funds opened new Provident Financial Services positions in Q1 2018 and 18 closed out, a net change of 0 holders.
- The largest Provident Financial Services buyer in Q1 2018 was PNC Financial Services Group, an estimated $4.54M added.
- The largest Provident Financial Services seller in Q1 2018 was Wellington Management Group, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2018.