Provident Financial
PROV
53 hedge funds and large institutions have $83.2M invested in Provident Financial in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 3 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0.02% more ownership
Funds ownership: 59.38% → 59.4% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 54 → 53 (-1)
7% less capital invested
Capital invested by funds: $89.6M → $83.2M (-$6.45M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.1M |
| 2 |
JP Morgan Chase
New York
|
+$630K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$380K |
| 4 |
Renaissance Technologies
New York
|
+$365K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Stilwell Value
New York
|
-$3.79M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$260K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$123K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$123K |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $9K | – | – | – |
|
52
UBS Group
Zurich,
Switzerland
| $6K | -$15.9K | -827 | -72% |
|
|
LTFS
53
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | -$115 | -6 | -5% |
|
|
NFA
54
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$260K | -13,254 | Closed |
|
55
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$13K | -675 | Closed |
|
|
TWA
56
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -29 | Closed |
|
PROV Hedge Fund Activity: Q4 2017 in Review
53 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q4 2017, worth a combined $83.2M — down 7.2% from $89.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PROV and 2 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 20 added.
The largest buyer was M3F Inc, adding an estimated $1.1M. The largest seller was Stilwell Value, cutting an estimated $3.79M.
- 53 institutional investors held Provident Financial (PROV) as of Q4 2017, down from 54 in Q3 2017.
- Funds reported $83.2M of Provident Financial stock for Q4 2017, down 7.2% quarter-over-quarter.
- 2 funds opened new Provident Financial positions in Q4 2017 and 3 closed out, a net change of -1 holder.
- The largest Provident Financial buyer in Q4 2017 was M3F Inc, an estimated $1.1M added.
- The largest Provident Financial seller in Q4 2017 was Stilwell Value, an estimated $3.79M sold.
Based on aggregated 13F filings for Q4 2017.