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Provident Financial Services

168 hedge funds and large institutions have $1.11B 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.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 47

4% more capital invested

Capital invested by funds: $1.07B → $1.11B (+$45.8M)

0.79% more ownership

Funds ownership: 61.68%62.47% (+0.79%)

10% less funds holding

Funds holding: 187168 (-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

Holders
168
Holders Change
-19
Holders Change %
-10.16%
% of All Funds
2.92%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
66
Reduced
47
Closed
29
Calls
$15K
Puts
$256K
Net Calls
-$241K
Net Calls Change
-$234K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$264M +$2.64M +109,568 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$179M +$5.67M +235,040 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$124M -$406K -16,844 -0.3%
State Street
4
State Street
Massachusetts
$72.1M +$4.37M +181,143 +6%
Principal Financial Group
5
Principal Financial Group
Iowa
$38.6M +$4.05M +167,913 +11%
American Century Companies
6
American Century Companies
Missouri
$31.8M +$31.3M +1,298,115 +1,454%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$28.4M +$2.12M +88,020 +8%
WHG
8
Westwood Holdings Group
Texas
$27.7M -$733K -30,363 -2%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$24.4M -$732K -30,316 -3%
Northern Trust
10
Northern Trust
Illinois
$22.2M +$4.31M +178,529 +23%
Norges Bank
11
Norges Bank
Norway
$18.9M +$2.21M +91,458 +12%
SFM
12
Systematic Financial Management
New Jersey
$18.3M +$2.9M +120,260 +18%
JP Morgan Chase
13
JP Morgan Chase
New York
$17.4M +$771K +31,951 +4%
Invesco
14
Invesco
Georgia
$15.6M +$2.05M +84,862 +14%
Charles Schwab
15
Charles Schwab
California
$15.6M +$444K +18,411 +3%
VOYA Investment Management
16
VOYA Investment Management
Georgia
$13.4M +$593K +24,593 +4%
BFC
17
Banc Funds Company
Illinois
$11.4M -$869K -36,000 -7%
Ameriprise
18
Ameriprise
Minnesota
$8.54M -$150K -6,199 -2%
N
19
Nuveen
North Carolina
$7.44M +$458K +18,997 +6%
Morgan Stanley
20
Morgan Stanley
New York
$7.24M +$1.84M +76,169 +32%
Prudential Financial
21
Prudential Financial
New Jersey
$7.21M +$589K +24,389 +8%
Hotchkis & Wiley Capital Management
22
Hotchkis & Wiley Capital Management
California
$6.92M +$420K +17,400 +6%
PPA
23
Parametric Portfolio Associates
Washington
$6.61M +$258K +10,698 +4%
BCM
24
Bridgeway Capital Management
Texas
$6.42M
Renaissance Technologies
25
Renaissance Technologies
New York
$6.36M -$5.96M -247,172 -47%

PFS Hedge Fund Activity: Q2 2021 in Review

168 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q2 2021, worth a combined $1.11B — 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.

  • 168 institutional investors held Provident Financial Services (PFS) as of Q2 2021, down from 187 in Q1 2021.
  • Funds reported $1.11B 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.