Provident Financial
PROV
45 hedge funds and large institutions have $76.1M invested in Provident Financial in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 20 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.87% less ownership
Funds ownership: 56.86% → 55.99% (-0.87%)
2% less funds holding
Funds holding: 46 → 45 (-1)
6% less capital invested
Capital invested by funds: $80.9M → $76.1M (-$4.79M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$643K |
| 2 |
MCM
Maltese Capital Management
New York
|
+$459K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$112K |
| 4 |
JP Morgan Chase
New York
|
+$70.9K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$51.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$618K |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$424K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$218K |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$210K |
| 5 |
Morgan Stanley
New York
|
-$205K |
PROV Hedge Fund Activity: Q3 2018 in Review
45 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q3 2018, worth a combined $76.1M — down 5.9% from $80.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PROV and 4 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 10 added.
The largest buyer was M3F Inc, adding an estimated $643K. The largest seller was Millennium Management, cutting an estimated $618K.
- 45 institutional investors held Provident Financial (PROV) as of Q3 2018, down from 46 in Q2 2018.
- Funds reported $76.1M of Provident Financial stock for Q3 2018, down 5.9% quarter-over-quarter.
- 4 funds opened new Provident Financial positions in Q3 2018 and 5 closed out, a net change of -1 holder.
- The largest Provident Financial buyer in Q3 2018 was M3F Inc, an estimated $643K added.
- The largest Provident Financial seller in Q3 2018 was Millennium Management, an estimated $618K sold.
Based on aggregated 13F filings for Q3 2018.