Provident Financial
PROV
51 hedge funds and large institutions have $97.6M invested in Provident Financial in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 5 closing their positions.
6% more capital invested
Capital invested by funds: $92.3M → $97.6M (+$5.33M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.02% less ownership
Funds ownership: 59.43% → 59.41% (-0.02%)
4% less funds holding
Funds holding: 53 → 51 (-2)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$695K |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$435K |
| 3 |
BPWA
Beacon Pointe Wealth Advisors
Newport Beach,
California
|
+$311K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$248K |
| 5 |
Morgan Stanley
New York
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$561K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$373K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$350K |
| 4 |
BFIM
Beese Fulmer Investment Management
Canton,
Ohio
|
-$306K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$95.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFIM
51
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$306K | -14,727 | Closed |
|
|
PH
52
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$25.9K | -1,250 | Closed |
|
53
Victory Capital Management
San Antonio,
Texas
| – | -$24K | -1,161 | Closed |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| – | -$20K | -942 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$4K | -200 | Closed |
|
PROV Hedge Fund Activity: Q4 2019 in Review
51 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q4 2019, worth a combined $97.6M — up 5.8% from $92.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PROV and 3 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was Wellington Management Group, adding an estimated $695K. The largest seller was Dimensional Fund Advisors, cutting an estimated $561K.
- 51 institutional investors held Provident Financial (PROV) as of Q4 2019, down from 53 in Q3 2019.
- Funds reported $97.6M of Provident Financial stock for Q4 2019, up 5.8% quarter-over-quarter.
- 3 funds opened new Provident Financial positions in Q4 2019 and 5 closed out, a net change of -2 holders.
- The largest Provident Financial buyer in Q4 2019 was Wellington Management Group, an estimated $695K added.
- The largest Provident Financial seller in Q4 2019 was Dimensional Fund Advisors, an estimated $561K sold.
Based on aggregated 13F filings for Q4 2019.