Provident Financial
PROV
53 hedge funds and large institutions have $92.3M invested in Provident Financial in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
20% more funds holding
Funds holding: 44 → 53 (+9)
12% more capital invested
Capital invested by funds: $82.1M → $92.3M (+$10.2M)
3.78% more ownership
Funds ownership: 54.85% → 58.63% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.19M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.47M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$897K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$583K |
| 5 |
Bank of New York Mellon
New York
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.25M |
| 2 |
Millennium Management
New York
|
-$1.24M |
| 3 |
CA
Continental Advisors
Park City,
Utah
|
-$299K |
| 4 |
MCM
Maltese Capital Management
New York
|
-$258K |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| $5K | +$5.24K | +258 | New |
|
|
PFGIA
52
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $1K | – | – | – |
|
53
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$122 | +6 | +11% |
|
|
54
Millennium Management
New York
| – | -$1.24M | -62,121 | Closed |
|
|
EC
55
EJF Capital
Arlington,
Virginia
| – | -$212K | -10,661 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$205K | -10,267 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$27K | -1,367 | Closed |
|
PROV Hedge Fund Activity: Q2 2019 in Review
53 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q2 2019, worth a combined $92.3M — up 12% from $82.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PROV positions and 4 closed out — a net gain of 9 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $5.19M. The largest seller was M3F Inc, cutting an estimated $1.25M.
- 53 institutional investors held Provident Financial (PROV) as of Q2 2019, up from 44 in Q1 2019.
- Funds reported $92.3M of Provident Financial stock for Q2 2019, up 12% quarter-over-quarter.
- 13 funds opened new Provident Financial positions in Q2 2019 and 4 closed out, a net change of +9 holders.
- The largest Provident Financial buyer in Q2 2019 was BlackRock, an estimated $5.19M added.
- The largest Provident Financial seller in Q2 2019 was M3F Inc, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2019.