Provident Financial
PROV
55 hedge funds and large institutions have $95.5M invested in Provident Financial in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 6 closing their positions.
59.13% more ownership
Funds ownership: 0% → 59.13% (+59%)
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
3% more capital invested
Capital invested by funds: $92.8M → $95.5M (+$2.71M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 58 → 55 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$713K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$479K |
| 3 |
Renaissance Technologies
New York
|
+$446K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$445K |
| 5 |
State Street
Boston,
Massachusetts
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Stilwell Value
New York
|
-$1.69M |
| 2 |
CA
Continental Advisors
Park City,
Utah
|
-$1.2M |
| 3 |
Goldman Sachs
New York
|
-$399K |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$331K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$306K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $5K | +$5.01K | +254 | +3,175% |
|
|
LTFS
52
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | +$2.68K | +136 | New |
|
53
BNP Paribas Financial Markets
Paris,
France
| $1.5K | -$6K | -304 | -80% |
|
54
Barclays
London,
United Kingdom
| $1K | -$986 | -50 | -60% |
|
|
TWA
55
TCI Wealth Advisors
Tucson,
Arizona
| $1K | – | – | – |
|
|
56
Goldman Sachs
New York
| – | -$399K | -20,397 | Closed |
|
|
EGA
57
Eagle Global Advisors
Houston,
Texas
| – | -$331K | -16,932 | Closed |
|
58
Millennium Management
New York
| – | -$196K | -10,043 | Closed |
|
|
AIM
59
Acrospire Investment Management
Chicago,
Illinois
| – | -$79K | -4,022 | Closed |
|
60
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$33K | -1,700 | Closed |
|
61
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -31 | Closed |
|
PROV Hedge Fund Activity: Q4 2016 in Review
55 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q4 2016, worth a combined $95.5M — up 2.9% from $92.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PROV and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 25 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $713K. The largest seller was Stilwell Value, cutting an estimated $1.69M.
- 55 institutional investors held Provident Financial (PROV) as of Q4 2016, down from 58 in Q3 2016.
- Funds reported $95.5M of Provident Financial stock for Q4 2016, up 2.9% quarter-over-quarter.
- 4 funds opened new Provident Financial positions in Q4 2016 and 6 closed out, a net change of -2 holders.
- The largest Provident Financial buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $713K added.
- The largest Provident Financial seller in Q4 2016 was Stilwell Value, an estimated $1.69M sold.
Based on aggregated 13F filings for Q4 2016.