Provident Financial
PROV
44 hedge funds and large institutions have $83M invested in Provident Financial in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 1 closing their positions.
15% more capital invested
Capital invested by funds: $72.3M → $83M (+$10.7M)
4.14% more ownership
Funds ownership: 61.87% → 66.01% (+4.1%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0% more funds holding
Funds holding: 44 → 44 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$3.7M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.83M |
| 3 |
BlackRock
New York
|
+$911K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$269K |
| 5 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$407K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$387K |
| 3 |
Renaissance Technologies
New York
|
-$241K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$217K |
| 5 |
Morgan Stanley
New York
|
-$196K |
PROV Hedge Fund Activity: Q1 2021 in Review
44 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q1 2021, worth a combined $83M — up 15% from $72.3M a quarter earlier.
Fund positioning in PROV was balanced in Q1 2021: 1 fund opened new positions, 1 closed out, 16 added to existing stakes and 15 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $3.7M. The largest seller was Acadian Asset Management, cutting an estimated $407K.
- 44 institutional investors held Provident Financial (PROV) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $83M of Provident Financial stock for Q1 2021, up 15% quarter-over-quarter.
- 1 fund opened new Provident Financial positions in Q1 2021 and 1 closed out, a net change of 0 holders.
- The largest Provident Financial buyer in Q1 2021 was FJ Capital Management, an estimated $3.7M added.
- The largest Provident Financial seller in Q1 2021 was Acadian Asset Management, an estimated $407K sold.
Based on aggregated 13F filings for Q1 2021.