Provident Financial Services
PFS
169 hedge funds and large institutions have $1.12B invested in Provident Financial Services in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 66 increasing their positions, 47 reducing their positions, and 29 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 47
4% more capital invested
Capital invested by funds: $1.07B → $1.12B (+$46.3M)
0.82% more ownership
Funds ownership: 61.67% → 62.49% (+0.82%)
10% less funds holding
Funds holding: 188 → 169 (-19)
66% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 29
94% less call options, than puts
Call options by funds: $15K | Put options by funds: $256K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$31.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.67M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.37M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$4.31M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
-$12.6M |
| 2 |
Goldman Sachs
New York
|
-$6.77M |
| 3 |
Renaissance Technologies
New York
|
-$5.96M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.72M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$2.55M |
PFS Hedge Fund Activity: Q2 2021 in Review
169 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2021, worth a combined $1.12B — up 4.3% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PFS and 10 opened new positions — a net loss of 19 holders — while 47 trimmed existing stakes and 66 added.
The largest buyer was American Century Companies, adding an estimated $31.3M. The largest seller was ProShare Advisors, cutting an estimated $12.6M.
- 169 institutional investors held Provident Financial Services (PFS) as of Q2 2021, down from 188 in Q1 2021.
- Funds reported $1.12B of Provident Financial Services stock for Q2 2021, up 4.3% quarter-over-quarter.
- 10 funds opened new Provident Financial Services positions in Q2 2021 and 29 closed out, a net change of -19 holders.
- The largest Provident Financial Services buyer in Q2 2021 was American Century Companies, an estimated $31.3M added.
- The largest Provident Financial Services seller in Q2 2021 was ProShare Advisors, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2021.