Provident Financial
PROV
31 hedge funds and large institutions have $52.3M invested in Provident Financial in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
3% more funds holding
Funds holding: 30 → 31 (+1)
0.39% more ownership
Funds ownership: 50.3% → 50.68% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $54.4M → $52.3M (-$2.06M)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prelude Capital Management
New York
|
+$257K |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$228K |
| 3 |
RA
Raffles Associates
New York
|
+$218K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$191K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$361K |
| 2 |
BlackRock
New York
|
-$143K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$129K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$81.5K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$71.2K |
PROV Hedge Fund Activity: Q3 2022 in Review
31 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Provident Financial (PROV) for Q3 2022, worth a combined $52.3M — down 3.8% from $54.4M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PROV positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Prelude Capital Management, opening a new position worth an estimated $257K. The largest seller was Renaissance Technologies, cutting an estimated $361K.
- 31 institutional investors held Provident Financial (PROV) as of Q3 2022, up from 30 in Q2 2022.
- Funds reported $52.3M of Provident Financial stock for Q3 2022, down 3.8% quarter-over-quarter.
- 2 funds opened new Provident Financial positions in Q3 2022 and 1 closed out, a net change of +1 holder.
- The largest Provident Financial buyer in Q3 2022 was Prelude Capital Management, an estimated $257K added.
- The largest Provident Financial seller in Q3 2022 was Renaissance Technologies, an estimated $361K sold.
Based on aggregated 13F filings for Q3 2022.