Provident Financial
PROV
52 hedge funds and large institutions have $79M invested in Provident Financial in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 51 → 52 (+1)
3% more capital invested
Capital invested by funds: $76.9M → $79M (+$2.07M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$868K |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$225K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$206K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$45.2K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Raffles Associates
New York
|
-$1.49M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$1.06M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$351K |
| 4 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
-$326K |
| 5 |
Morgan Stanley
New York
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | +$528 | +31 | New |
|
|
GPC
52
Glacier Peak Capital
Bellevue,
Washington
| – | -$326K | -20,358 | Closed |
|
53
AllianceBernstein
Nashville,
Tennessee
| – | -$37K | -2,342 | Closed |
|
54
Citigroup
New York
| – | -$33.8K | -1,984 | -100% |
|
55
Bank of America
Charlotte,
North Carolina
| – | -$11K | -700 | Closed |
|
PROV Hedge Fund Activity: Q2 2015 in Review
52 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q2 2015, worth a combined $79M — up 2.7% from $76.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PROV positions and 3 closed out — a net gain of 1 holder — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Numeric Investors, adding an estimated $868K. The largest seller was Raffles Associates, cutting an estimated $1.49M.
- 52 institutional investors held Provident Financial (PROV) as of Q2 2015, up from 51 in Q1 2015.
- Funds reported $79M of Provident Financial stock for Q2 2015, up 2.7% quarter-over-quarter.
- 4 funds opened new Provident Financial positions in Q2 2015 and 3 closed out, a net change of +1 holder.
- The largest Provident Financial buyer in Q2 2015 was Numeric Investors, an estimated $868K added.
- The largest Provident Financial seller in Q2 2015 was Raffles Associates, an estimated $1.49M sold.
Based on aggregated 13F filings for Q2 2015.