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Provident Financial

44 hedge funds and large institutions have $82.1M invested in Provident Financial in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

60% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 10

28% more capital invested

Capital invested by funds: $64.3M → $82.1M (+$17.8M)

5% more funds holding

Funds holding: 4244 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.35% less ownership

Funds ownership: 55.2%54.85% (-0.35%)

Holders
44
Holders Change
+2
Holders Change %
+4.76%
% of All Funds
0.95%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
5
Increased
16
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
26
SEI Investments
Pennsylvania
$220K -$221 -12 -0.1%
EC
27
EJF Capital
Virginia
$212K +$197K +10,661 New
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$205K +$189K +10,267 New
First Manhattan
29
First Manhattan
New York
$138K
Wells Fargo
30
Wells Fargo
California
$131K +$5.11K +277 +4%
BGIM
31
Brandywine Global Investment Management
Pennsylvania
$68K
Morgan Stanley
32
Morgan Stanley
New York
$68K +$61.4K +3,327 +4,753%
OSAM
33
O'Shaughnessy Asset Management
Connecticut
$59K +$9.03K +489 +20%
UBS Group
34
UBS Group
Switzerland
$45K +$41.9K +2,269 New
Citigroup
35
Citigroup
New York
$37K +$34K +1,840 New
Bank of America
36
Bank of America
North Carolina
$36K +$33.4K +1,812 +9,060%
JP Morgan Chase
37
JP Morgan Chase
New York
$31K +$28.3K +1,536 New
TRCT
38
Tower Research Capital (TRC)
New York
$27K -$19.7K -1,065 -44%
FQ
39
First Quadrant
California
$23K -$28.3K -1,535 -57%
LTFS
40
Ladenburg Thalmann Financial Services
Florida
$22K +$1.46K +79 +8%
MAM
41
Meeder Asset Management
Ohio
$19K
Canada Life
42
Canada Life
Manitoba, Canada
$1K
BNP Paribas Financial Markets
43
BNP Paribas Financial Markets
France
$558
PP
44
Paloma Partners
Connecticut
-$177K -11,399 Closed
Bessemer Group
45
Bessemer Group
New Jersey
-$37K -2,400 Closed
PNC Financial Services Group
46
PNC Financial Services Group
Pennsylvania
-$1K -54 Closed

PROV Hedge Fund Activity: Q1 2019 in Review

44 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q1 2019, worth a combined $82.1M — up 28% from $64.3M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new PROV positions and 3 closed out — a net gain of 2 holders — while 16 added to existing stakes and 10 trimmed.

The largest buyer was Maltese Capital Management, adding an estimated $752K. The largest seller was Continental Advisors, cutting an estimated $1.01M.

  • 44 institutional investors held Provident Financial (PROV) as of Q1 2019, up from 42 in Q4 2018.
  • Funds reported $82.1M of Provident Financial stock for Q1 2019, up 28% quarter-over-quarter.
  • 5 funds opened new Provident Financial positions in Q1 2019 and 3 closed out, a net change of +2 holders.
  • The largest Provident Financial buyer in Q1 2019 was Maltese Capital Management, an estimated $752K added.
  • The largest Provident Financial seller in Q1 2019 was Continental Advisors, an estimated $1.01M sold.

Based on aggregated 13F filings for Q1 2019.