Provident Financial
PROV
32 hedge funds and large institutions have $61.9M invested in Provident Financial in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.51% less ownership
Funds ownership: 51.32% → 50.81% (-0.51%)
2% less capital invested
Capital invested by funds: $63.2M → $61.9M (-$1.3M)
3% less funds holding
Funds holding: 33 → 32 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$577K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$143K |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$37.2K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.5K |
| 5 |
Bank of New York Mellon
New York
|
+$4.79K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$909K |
| 2 |
Renaissance Technologies
New York
|
-$288K |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$230K |
| 4 |
E
Ergoteles
New York
|
-$167K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$133K |
PROV Hedge Fund Activity: Q1 2022 in Review
32 of the 6,361 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q1 2022, worth a combined $61.9M — down 2.1% from $63.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PROV and 3 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 6 added.
The largest buyer was M3F Inc, adding an estimated $577K. The largest seller was Maltese Capital Management, cutting an estimated $909K.
- 32 institutional investors held Provident Financial (PROV) as of Q1 2022, down from 33 in Q4 2021.
- Funds reported $61.9M of Provident Financial stock for Q1 2022, down 2.1% quarter-over-quarter.
- 3 funds opened new Provident Financial positions in Q1 2022 and 4 closed out, a net change of -1 holder.
- The largest Provident Financial buyer in Q1 2022 was M3F Inc, an estimated $577K added.
- The largest Provident Financial seller in Q1 2022 was Maltese Capital Management, an estimated $909K sold.
Based on aggregated 13F filings for Q1 2022.