Provident Financial Services
251 hedge funds and large institutions have $1.64B invested in Provident Financial Services in 2024 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 72 increasing their positions, 92 reducing their positions, and 37 closing their positions.
28% more capital invested
Capital invested by funds: $1.29B → $1.64B (+$355M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 253 → 251 (-2)
0.9% less ownership
Funds ownership: 68.78% → 67.88% (-0.9%)
5% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 37
22% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 92
34% less call options, than puts
Call options by funds: $1.11M | Put options by funds: $1.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$37.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$12.6M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$7.68M |
| 5 |
Morgan Stanley
New York
|
+$7.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$42.7M |
| 2 |
Jane Street
New York
|
-$12.2M |
| 3 |
D.E. Shaw & Co
New York
|
-$11.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$8.14M |
PFS Hedge Fund Activity: Q3 2024 in Review
251 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Provident Financial Services (PFS) for Q3 2024, worth a combined $1.64B — up 28% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PFS and 35 opened new positions — a net loss of 2 holders — while 92 trimmed existing stakes and 72 added.
The largest buyer was BlackRock, adding an estimated $37.2M. The largest seller was HSBC Holdings, cutting an estimated $42.7M.
- 251 institutional investors held Provident Financial Services (PFS) as of Q3 2024, down from 253 in Q2 2024.
- Funds reported $1.64B of Provident Financial Services stock for Q3 2024, up 28% quarter-over-quarter.
- 35 funds opened new Provident Financial Services positions in Q3 2024 and 37 closed out, a net change of -2 holders.
- The largest Provident Financial Services buyer in Q3 2024 was BlackRock, an estimated $37.2M added.
- The largest Provident Financial Services seller in Q3 2024 was HSBC Holdings, an estimated $42.7M sold.
Based on aggregated 13F filings for Q3 2024.