We are live on ! Find out more
PFS icon

Provident Financial Services

149 hedge funds and large institutions have $570M invested in Provident Financial Services in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 46 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

12,800% more call options, than puts

Call options by funds: $645K | Put options by funds: $5K

17% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 46

0.15% more ownership

Funds ownership: 66.87%67.02% (+0.15%)

11% less funds holding

Funds holding: 167149 (-18)

43% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 37

48% less capital invested

Capital invested by funds: $1.09B → $570M (-$518M)

Holders
149
Holders Change
-18
Holders Change %
-10.78%
% of All Funds
3.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
54
Reduced
46
Closed
37
Calls
$645K
Puts
$5K
Net Calls
+$640K
Net Calls Change
-$171K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$120M -$2.47M -121,440 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$84.3M +$1.93M +95,007 +1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$70M +$539K +26,555 +0.5%
Northern Trust
4
Northern Trust
Illinois
$33.2M +$176K +8,686 +0.3%
State Street
5
State Street
Massachusetts
$27.9M +$4.26M +209,926 +11%
Goldman Sachs
6
Goldman Sachs
New York
$24.2M +$1.87M +92,021 +5%
Renaissance Technologies
7
Renaissance Technologies
New York
$16.2M +$1.07M +52,788 +4%
Invesco
8
Invesco
Georgia
$14.2M +$942K +46,397 +4%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$12.5M -$1.1M -54,240 -5%
Norges Bank
10
Norges Bank
Norway
$12M -$438K -21,579 -2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$11.3M +$1.7M +83,474 +11%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$8.68M +$1.87M +92,217 +16%
JP Morgan Chase
13
JP Morgan Chase
New York
$8.54M +$12.3M +605,362 +1,025%
DGHMC
14
Dalton, Greiner, Hartman, Maher & Co
New York
$7.33M -$136K -6,698 -1%
SFM
15
Systematic Financial Management
New Jersey
$7.02M +$4.77K +235 +0%
Charles Schwab
16
Charles Schwab
California
$6.69M +$599K +29,498 +6%
Principal Financial Group
17
Principal Financial Group
Iowa
$6.23M -$368K -18,114 -4%
Victory Capital Management
18
Victory Capital Management
Texas
$5.69M +$4.54M +223,684 +102%
N
19
Nuveen
North Carolina
$5.04M -$316K -15,541 -4%
Millennium Management
20
Millennium Management
New York
$4.35M -$5.2M -255,886 -43%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.99M -$7.08M -348,532 -53%
Ameriprise
22
Ameriprise
Minnesota
$3.77M -$257K -12,649 -4%
KTA
23
Keeley-Teton Advisors
Illinois
$3.67M +$616K +30,312 +12%
Prudential Financial
24
Prudential Financial
New Jersey
$3.37M +$17.6K +868 +0.3%
BCM
25
Bridgeway Capital Management
Texas
$3.06M +$508K +25,000 +12%

PFS Hedge Fund Activity: Q1 2020 in Review

149 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q1 2020, worth a combined $570M — down 48% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of PFS and 21 opened new positions — a net loss of 16 holders — while 46 trimmed existing stakes and 54 added.

The largest buyer was JP Morgan Chase, adding an estimated $12.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $7.08M.

  • 149 institutional investors held Provident Financial Services (PFS) as of Q1 2020, down from 167 in Q4 2019.
  • Funds reported $570M of Provident Financial Services stock for Q1 2020, down 48% quarter-over-quarter.
  • 21 funds opened new Provident Financial Services positions in Q1 2020 and 37 closed out, a net change of -16 holders.
  • The largest Provident Financial Services buyer in Q1 2020 was JP Morgan Chase, an estimated $12.3M added.
  • The largest Provident Financial Services seller in Q1 2020 was Manulife (Manufacturers Life Insurance), an estimated $7.08M sold.

Based on aggregated 13F filings for Q1 2020.