Provident Financial
PROV
55 hedge funds and large institutions have $78.5M invested in Provident Financial in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 5 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% more capital invested
Capital invested by funds: $76.1M → $78.5M (+$2.35M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
2% less funds holding
Funds holding: 56 → 55 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Continental Advisors
Park City,
Utah
|
+$1.28M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.13M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$949K |
| 4 |
SJ
Stilwell Joseph
|
+$255K |
| 5 |
Renaissance Technologies
New York
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$985K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$428K |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
-$402K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$371K |
| 5 |
Goldman Sachs
New York
|
-$324K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $4.77K | +$1.13M | +76,411 | +32% |
|
52
SEI Investments
Oaks,
Pennsylvania
| $2K | +$3.38K | +228 | New |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $1K | -$1.13K | -76 | -47% |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$89 | +6 | +13% |
|
|
MAM
55
Martingale Asset Management
Boston,
Massachusetts
| – | -$371K | -25,409 | Closed |
|
56
Two Sigma Investments
New York
| – | -$254K | -17,394 | Closed |
|
|
LP
57
LMR Partners
London,
United Kingdom
| – | -$195K | -13,389 | Closed |
|
58
D.E. Shaw & Co
New York
| – | -$189K | -12,973 | Closed |
|
59
Barclays
London,
United Kingdom
| – | -$1K | -103 | Closed |
|
60
Wells Fargo
San Francisco,
California
| – | +$15 | +1 | New |
|
PROV Hedge Fund Activity: Q4 2014 in Review
55 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q4 2014, worth a combined $78.5M — up 3.1% from $76.1M a quarter earlier.
Fund positioning in PROV was balanced in Q4 2014: 5 funds opened new positions, 5 closed out, 16 added to existing stakes and 17 trimmed.
The largest buyer was Continental Advisors, adding an estimated $1.28M. The largest seller was AllianceBernstein, cutting an estimated $985K.
- 55 institutional investors held Provident Financial (PROV) as of Q4 2014, down from 56 in Q3 2014.
- Funds reported $78.5M of Provident Financial stock for Q4 2014, up 3.1% quarter-over-quarter.
- 5 funds opened new Provident Financial positions in Q4 2014 and 5 closed out, a net change of 0 holders.
- The largest Provident Financial buyer in Q4 2014 was Continental Advisors, an estimated $1.28M added.
- The largest Provident Financial seller in Q4 2014 was AllianceBernstein, an estimated $985K sold.
Based on aggregated 13F filings for Q4 2014.