Provident Financial
PROV
46 hedge funds and large institutions have $80.9M invested in Provident Financial in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $81M → $80.9M (-$36.3K)
2.98% less ownership
Funds ownership: 59.84% → 56.86% (-3%)
6% less funds holding
Funds holding: 49 → 46 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.96M |
| 2 |
Millennium Management
New York
|
+$1.88M |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$920K |
| 4 |
Renaissance Technologies
New York
|
+$867K |
| 5 |
ECM
Element Capital Management
New York
|
+$475K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.75M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.91M |
| 3 |
JP Morgan Chase
New York
|
-$1.81M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$919K |
| 5 |
RA
Raffles Associates
New York
|
-$619K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
American Century Companies
Kansas City,
Missouri
| – | -$186K | -10,293 | Closed |
|
|
MCM
52
Maltese Capital Management
New York
| – | -$181K | -10,000 | Closed |
|
53
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$152K | -8,381 | Closed |
|
54
New York State Common Retirement Fund
Albany,
New York
| – | -$98K | -5,400 | Closed |
|
|
AIG
55
American International Group
New York
| – | -$64K | -3,517 | Closed |
|
56
Barclays
London,
United Kingdom
| – | -$22K | -1,178 | Closed |
|
57
Legal & General Group
London,
United Kingdom
| – | -$19K | -1,057 | Closed |
|
58
Citigroup
New York
| – | -$16K | -908 | Closed |
|
|
AIP
59
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$9K | -514 | Closed |
|
PROV Hedge Fund Activity: Q2 2018 in Review
46 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q2 2018, worth a combined $80.9M — down 0.04% from $81M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PROV and 10 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Ameriprise, adding an estimated $1.96M. The largest seller was BlackRock, cutting an estimated $4.75M.
- 46 institutional investors held Provident Financial (PROV) as of Q2 2018, down from 49 in Q1 2018.
- Funds reported $80.9M of Provident Financial stock for Q2 2018, down 0.04% quarter-over-quarter.
- 10 funds opened new Provident Financial positions in Q2 2018 and 13 closed out, a net change of -3 holders.
- The largest Provident Financial buyer in Q2 2018 was Ameriprise, an estimated $1.96M added.
- The largest Provident Financial seller in Q2 2018 was BlackRock, an estimated $4.75M sold.
Based on aggregated 13F filings for Q2 2018.