Provident Financial
PROV
57 hedge funds and large institutions have $89M invested in Provident Financial in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 8 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
14% more funds holding
Funds holding: 50 → 57 (+7)
9% more capital invested
Capital invested by funds: $81.4M → $89M (+$7.61M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.83M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.1M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.04M |
| 4 |
State Street
Boston,
Massachusetts
|
+$990K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$939K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$2.72M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.55M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.28M |
| 4 |
CA
Continental Advisors
Park City,
Utah
|
-$1.19M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$614K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $6K | -$25.3K | -1,424 | -80% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $4.78K | +$4.64K | +261 | New |
|
53
Creative Planning
Overland Park,
Kansas
| $4K | +$3.56K | +200 | New |
|
54
Walleye Trading
New York
| $4K | +$3.56K | +200 | New |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
TWA
56
TCI Wealth Advisors
Tucson,
Arizona
| $1K | +$516 | +29 | New |
|
|
EPCA
57
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
| – | -$1.55M | -90,829 | Closed |
|
|
58
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$1.28M | -75,349 | Closed |
|
|
CS
59
Credit Suisse
Zurich,
Switzerland
| – | -$526K | -30,848 | Closed |
|
60
Goldman Sachs
New York
| – | -$308K | -18,072 | Closed |
|
61
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$260K | -15,258 | Closed |
|
62
Millennium Management
New York
| – | -$227K | -13,292 | Closed |
|
|
SCM
63
Segantii Capital Management
Hong Kong
| – | -$159K | -9,100 | Closed |
|
|
AG
64
Advisor Group
Phoenix,
Arizona
| – | +$409 | +23 | New |
|
PROV Hedge Fund Activity: Q2 2016 in Review
57 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q2 2016, worth a combined $89M — up 9.3% from $81.4M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PROV positions and 8 closed out — a net gain of 8 holders — while 23 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $2.83M. The largest seller was LSV Asset Management, cutting an estimated $2.72M.
- 57 institutional investors held Provident Financial (PROV) as of Q2 2016, up from 50 in Q1 2016.
- Funds reported $89M of Provident Financial stock for Q2 2016, up 9.3% quarter-over-quarter.
- 16 funds opened new Provident Financial positions in Q2 2016 and 8 closed out, a net change of +8 holders.
- The largest Provident Financial buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $2.83M added.
- The largest Provident Financial seller in Q2 2016 was LSV Asset Management, an estimated $2.72M sold.
Based on aggregated 13F filings for Q2 2016.