Provident Financial
PROV
42 hedge funds and large institutions have $64.3M invested in Provident Financial in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.79% less ownership
Funds ownership: 55.99% → 55.2% (-0.79%)
7% less funds holding
Funds holding: 45 → 42 (-3)
16% less capital invested
Capital invested by funds: $76.1M → $64.3M (-$11.9M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$1.29M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$662K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$596K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$259K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$42.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$956K |
| 2 |
ECM
Element Capital Management
New York
|
-$341K |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$339K |
| 4 |
Millennium Management
New York
|
-$294K |
| 5 |
Renaissance Technologies
New York
|
-$241K |
PROV Hedge Fund Activity: Q4 2018 in Review
42 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q4 2018, worth a combined $64.3M — down 16% from $76.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PROV and 4 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 8 added.
The largest buyer was Maltese Capital Management, adding an estimated $1.29M. The largest seller was Essex Investment Management, exiting entirely with an estimated $956K sold.
- 42 institutional investors held Provident Financial (PROV) as of Q4 2018, down from 45 in Q3 2018.
- Funds reported $64.3M of Provident Financial stock for Q4 2018, down 16% quarter-over-quarter.
- 4 funds opened new Provident Financial positions in Q4 2018 and 7 closed out, a net change of -3 holders.
- The largest Provident Financial buyer in Q4 2018 was Maltese Capital Management, an estimated $1.29M added.
- The largest Provident Financial seller in Q4 2018 was Essex Investment Management, an estimated $956K sold.
Based on aggregated 13F filings for Q4 2018.