Provident Financial
PROV
40 hedge funds and large institutions have $78.8M invested in Provident Financial in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 23 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $83M → $78.8M (-$4.16M)
5.33% less ownership
Funds ownership: 66.01% → 60.68% (-5.3%)
9% less funds holding
Funds holding: 44 → 40 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
78% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$2.56M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.26M |
| 3 |
Millennium Management
New York
|
+$1.31M |
| 4 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$345K |
| 5 |
E
Ergoteles
New York
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.91M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.52M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$793K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$565K |
| 5 |
State Street
Boston,
Massachusetts
|
-$548K |
PROV Hedge Fund Activity: Q2 2021 in Review
40 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q2 2021, worth a combined $78.8M — down 5% from $83M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PROV and 6 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 5 added.
The largest buyer was M3F Inc, adding an estimated $2.56M. The largest seller was BlackRock, cutting an estimated $6.91M.
- 40 institutional investors held Provident Financial (PROV) as of Q2 2021, down from 44 in Q1 2021.
- Funds reported $78.8M of Provident Financial stock for Q2 2021, down 5% quarter-over-quarter.
- 6 funds opened new Provident Financial positions in Q2 2021 and 10 closed out, a net change of -4 holders.
- The largest Provident Financial buyer in Q2 2021 was M3F Inc, an estimated $2.56M added.
- The largest Provident Financial seller in Q2 2021 was BlackRock, an estimated $6.91M sold.
Based on aggregated 13F filings for Q2 2021.