Provident Financial
PROV
44 hedge funds and large institutions have $82.1M invested in Provident Financial in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
28% more capital invested
Capital invested by funds: $64.3M → $82.1M (+$17.8M)
5% more funds holding
Funds holding: 42 → 44 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.35% less ownership
Funds ownership: 55.2% → 54.85% (-0.35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$752K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$245K |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$197K |
| 4 |
Millennium Management
New York
|
+$195K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Continental Advisors
Park City,
Utah
|
-$1.01M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$937K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$177K |
| 4 |
Renaissance Technologies
New York
|
-$154K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$77.8K |
PROV Hedge Fund Activity: Q1 2019 in Review
44 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q1 2019, worth a combined $82.1M — up 28% from $64.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PROV positions and 3 closed out — a net gain of 2 holders — while 16 added to existing stakes and 10 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $752K. The largest seller was Continental Advisors, cutting an estimated $1.01M.
- 44 institutional investors held Provident Financial (PROV) as of Q1 2019, up from 42 in Q4 2018.
- Funds reported $82.1M of Provident Financial stock for Q1 2019, up 28% quarter-over-quarter.
- 5 funds opened new Provident Financial positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest Provident Financial buyer in Q1 2019 was Maltese Capital Management, an estimated $752K added.
- The largest Provident Financial seller in Q1 2019 was Continental Advisors, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2019.