Provident Financial Services
188 hedge funds and large institutions have $841M invested in Provident Financial Services in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 65 reducing their positions, and 14 closing their positions.
43% more call options, than puts
Call options by funds: $124K | Put options by funds: $87K
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
5% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 65
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.42% less ownership
Funds ownership: 73.17% → 72.75% (-0.42%)
1% less funds holding
Funds holding: 189 → 188 (-1)
7% less capital invested
Capital invested by funds: $904M → $841M (-$62.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.32M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$4.15M |
| 3 |
Morgan Stanley
New York
|
+$3.51M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.96M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10M |
| 2 |
Janus Henderson Group
London,
|
-$5.24M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.81M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.41M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.48M |
PFS Hedge Fund Activity: Q3 2023 in Review
188 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2023, worth a combined $841M — down 6.9% from $904M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PFS positions and 14 closed out — a net gain of 2 holders — while 68 added to existing stakes and 65 trimmed.
The largest buyer was Millennium Management, adding an estimated $8.32M. The largest seller was Balyasny Asset Management, cutting an estimated $10M.
- 188 institutional investors held Provident Financial Services (PFS) as of Q3 2023, down from 189 in Q2 2023.
- Funds reported $841M of Provident Financial Services stock for Q3 2023, down 6.9% quarter-over-quarter.
- 16 funds opened new Provident Financial Services positions in Q3 2023 and 14 closed out, a net change of +2 holders.
- The largest Provident Financial Services buyer in Q3 2023 was Millennium Management, an estimated $8.32M added.
- The largest Provident Financial Services seller in Q3 2023 was Balyasny Asset Management, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2023.