Provident Financial Services
158 hedge funds and large institutions have $1.1B invested in Provident Financial Services in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 61 increasing their positions, 45 reducing their positions, and 17 closing their positions.
73% more capital inflows, than outflows
Capital inflows: $46.4M | Capital outflows: $26.8M
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
36% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 45
4% more funds holding
Funds holding: 152 → 158 (+6)
1.17% more ownership
Funds ownership: 66.86% → 68.04% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.9M |
| 2 |
Zacks Investment Management
Chicago,
Illinois
|
+$4.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.92M |
| 4 |
Martingale Asset Management
Boston,
Massachusetts
|
+$3.01M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.97M |
| 2 |
Goldman Sachs
New York
|
-$2.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.99M |
| 4 |
Keeley-Teton Advisors
Chicago,
Illinois
|
-$1.67M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.64M |
PFS Hedge Fund Activity: Q4 2018 in Review
158 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q4 2018, worth a combined $1.1B — up 0.06% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PFS positions and 17 closed out — a net gain of 7 holders — while 61 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock, adding an estimated $10.9M. The largest seller was Deutsche Bank, cutting an estimated $2.97M.
- 158 institutional investors held Provident Financial Services (PFS) as of Q4 2018, up from 152 in Q3 2018.
- Funds reported $1.1B of Provident Financial Services stock for Q4 2018, up 0.06% quarter-over-quarter.
- 24 funds opened new Provident Financial Services positions in Q4 2018 and 17 closed out, a net change of +7 holders.
- The largest Provident Financial Services buyer in Q4 2018 was BlackRock, an estimated $10.9M added.
- The largest Provident Financial Services seller in Q4 2018 was Deutsche Bank, an estimated $2.97M sold.
Based on aggregated 13F filings for Q4 2018.