Provident Financial
PROV
51 hedge funds and large institutions have $76.9M invested in Provident Financial in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
2% less capital invested
Capital invested by funds: $78.5M → $76.9M (-$1.53M)
7% less funds holding
Funds holding: 55 → 51 (-4)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Continental Advisors
Park City,
Utah
|
+$434K |
| 2 |
Renaissance Technologies
New York
|
+$372K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$101K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$42.3K |
| 5 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$38.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.03M |
| 2 |
FG
FSI Group
Cincinnati,
Ohio
|
-$1.99M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$936K |
| 4 |
Morgan Stanley
New York
|
-$462K |
| 5 |
Millennium Management
New York
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FG
51
FSI Group
Cincinnati,
Ohio
| – | -$1.99M | -131,529 | Closed |
|
|
52
Millennium Management
New York
| – | -$248K | -16,401 | Closed |
|
|
EGA
53
Eagle Global Advisors
Houston,
Texas
| – | -$215K | -14,190 | Closed |
|
54
Two Sigma Advisers
New York
| – | -$180K | -11,920 | Closed |
|
PROV Hedge Fund Activity: Q1 2015 in Review
51 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q1 2015, worth a combined $76.9M — down 1.9% from $78.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PROV and 1 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was Continental Advisors, adding an estimated $434K. The largest seller was Acadian Asset Management, cutting an estimated $2.03M.
- 51 institutional investors held Provident Financial (PROV) as of Q1 2015, down from 55 in Q4 2014.
- Funds reported $76.9M of Provident Financial stock for Q1 2015, down 1.9% quarter-over-quarter.
- 1 fund opened new Provident Financial positions in Q1 2015 and 4 closed out, a net change of -3 holders.
- The largest Provident Financial buyer in Q1 2015 was Continental Advisors, an estimated $434K added.
- The largest Provident Financial seller in Q1 2015 was Acadian Asset Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2015.