Provident Financial
PROV
47 hedge funds and large institutions have $77.7M invested in Provident Financial in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $79M → $77.7M (-$1.28M)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
10% less funds holding
Funds holding: 52 → 47 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$513K |
| 2 |
Renaissance Technologies
New York
|
+$392K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$200K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$197K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Globeflex Capital
San Diego,
California
|
-$920K |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$422K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$396K |
| 4 |
Norges Bank
Oslo,
Norway
|
-$394K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$268K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Schroder Investment Management Group
London,
United Kingdom
| – | -$168K | -10,000 | Closed |
|
52
Invesco
Atlanta,
Georgia
| – | -$77K | -4,590 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$9K | -541 | Closed |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -54 | Closed |
|
PROV Hedge Fund Activity: Q3 2015 in Review
47 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q3 2015, worth a combined $77.7M — down 1.6% from $79M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PROV and 2 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was Maltese Capital Management, adding an estimated $513K. The largest seller was Globeflex Capital, exiting entirely with an estimated $920K sold.
- 47 institutional investors held Provident Financial (PROV) as of Q3 2015, down from 52 in Q2 2015.
- Funds reported $77.7M of Provident Financial stock for Q3 2015, down 1.6% quarter-over-quarter.
- 2 funds opened new Provident Financial positions in Q3 2015 and 7 closed out, a net change of -5 holders.
- The largest Provident Financial buyer in Q3 2015 was Maltese Capital Management, an estimated $513K added.
- The largest Provident Financial seller in Q3 2015 was Globeflex Capital, an estimated $920K sold.
Based on aggregated 13F filings for Q3 2015.