Provident Financial Services
167 hedge funds and large institutions have $1.08B invested in Provident Financial Services in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 65 increasing their positions, 46 reducing their positions, and 21 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 46
0.18% more ownership
Funds ownership: 66.65% → 66.84% (+0.18%)
0% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 21
2% less funds holding
Funds holding: 170 → 167 (-3)
6% less capital invested
Capital invested by funds: $1.15B → $1.08B (-$67.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$10.1M |
| 2 |
Morgan Stanley
New York
|
+$6.28M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.73M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$2.84M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$3.23M |
| 2 |
3C
361 Capital
Denver,
Colorado
|
-$2.67M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$2.55M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.35M |
| 5 |
Goldman Sachs
New York
|
-$2.1M |
PFS Hedge Fund Activity: Q2 2019 in Review
167 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2019, worth a combined $1.08B — down 5.8% from $1.15B a quarter earlier.
Fund positioning in PFS was balanced in Q2 2019: 21 funds opened new positions, 21 closed out, 65 added to existing stakes and 46 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $10.1M. The largest seller was Keeley-Teton Advisors, cutting an estimated $3.23M.
- 167 institutional investors held Provident Financial Services (PFS) as of Q2 2019, down from 170 in Q1 2019.
- Funds reported $1.08B of Provident Financial Services stock for Q2 2019, down 5.8% quarter-over-quarter.
- 21 funds opened new Provident Financial Services positions in Q2 2019 and 21 closed out, a net change of 0 holders.
- The largest Provident Financial Services buyer in Q2 2019 was Nuveen, an estimated $10.1M added.
- The largest Provident Financial Services seller in Q2 2019 was Keeley-Teton Advisors, an estimated $3.23M sold.
Based on aggregated 13F filings for Q2 2019.