Provident Financial
PROV
54 hedge funds and large institutions have $88.2M invested in Provident Financial in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
0.33% more ownership
Funds ownership: 59.13% → 59.47% (+0.33%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
2% less funds holding
Funds holding: 55 → 54 (-1)
8% less capital invested
Capital invested by funds: $95.5M → $88.2M (-$7.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.4M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.01M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$328K |
| 4 |
Renaissance Technologies
New York
|
+$270K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.36M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$312K |
| 3 |
Morgan Stanley
New York
|
-$298K |
| 4 |
SV
Stilwell Value
New York
|
-$185K |
| 5 |
JP Morgan Chase
New York
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | -$94 | -5 | -4% |
|
|
TWA
52
TCI Wealth Advisors
Tucson,
Arizona
| $1K | – | – | – |
|
53
BNP Paribas Financial Markets
Paris,
France
| $131 | -$1.27K | -67 | -91% |
|
|
SO
54
STRS Ohio
Columbus,
Ohio
| – | -$54.8K | -2,900 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$5K | -262 | Closed |
|
56
Barclays
London,
United Kingdom
| – | +$19 | +1 | +3% |
|
PROV Hedge Fund Activity: Q1 2017 in Review
54 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q1 2017, worth a combined $88.2M — down 7.7% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PROV positions and 2 closed out — a net gain of 3 holders — while 19 added to existing stakes and 19 trimmed.
The largest buyer was BlackRock, adding an estimated $12.4M. The largest seller was Bridgeway Capital Management, cutting an estimated $1.36M.
- 54 institutional investors held Provident Financial (PROV) as of Q1 2017, down from 55 in Q4 2016.
- Funds reported $88.2M of Provident Financial stock for Q1 2017, down 7.7% quarter-over-quarter.
- 5 funds opened new Provident Financial positions in Q1 2017 and 2 closed out, a net change of +3 holders.
- The largest Provident Financial buyer in Q1 2017 was BlackRock, an estimated $12.4M added.
- The largest Provident Financial seller in Q1 2017 was Bridgeway Capital Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2017.