Provident Financial Services
152 hedge funds and large institutions have $1.1B invested in Provident Financial Services in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 19 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
0.05% more ownership
Funds ownership: 66.82% → 66.86% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 164 → 152 (-12)
11% less capital invested
Capital invested by funds: $1.23B → $1.1B (-$136M)
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.91M |
| 2 |
Millennium Management
New York
|
+$7.63M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.84M |
| 4 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$3.25M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$20.8M |
| 2 |
JP Morgan Chase
New York
|
-$2.88M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$2.79M |
| 4 |
GC
Gillson Capital
Chicago,
Illinois
|
-$2.69M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$2.33M |
PFS Hedge Fund Activity: Q3 2018 in Review
152 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2018, worth a combined $1.1B — down 11% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PFS and 8 opened new positions — a net loss of 11 holders — while 44 trimmed existing stakes and 59 added.
The largest buyer was BlackRock, adding an estimated $8.91M. The largest seller was Teachers Advisors, cutting an estimated $20.8M.
- 152 institutional investors held Provident Financial Services (PFS) as of Q3 2018, down from 164 in Q2 2018.
- Funds reported $1.1B of Provident Financial Services stock for Q3 2018, down 11% quarter-over-quarter.
- 8 funds opened new Provident Financial Services positions in Q3 2018 and 19 closed out, a net change of -11 holders.
- The largest Provident Financial Services buyer in Q3 2018 was BlackRock, an estimated $8.91M added.
- The largest Provident Financial Services seller in Q3 2018 was Teachers Advisors, an estimated $20.8M sold.
Based on aggregated 13F filings for Q3 2018.