Vanguard disaggregates holdings; Provident Financial (NYSE: PFS) shows zero
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
The Vanguard Group filed an Amendment No. 15 to Schedule 13G/A reporting that it beneficially owns 0 shares of Provident Financial Services Inc common stock as shown in the filing. The amendment explains an internal realignment where certain Vanguard subsidiaries will report ownership separately.
Positive
- None.
Negative
- None.
Insights
Vanguard's filing reflects an administrative disaggregation, not a market trade.
The amendment states 0 shares beneficially owned and attributes the change to an internal realignment that caused subsidiaries to report separately under SEC Release No. 34-39538.
Cash‑flow treatment and trading activity are not disclosed in the excerpt; subsequent filings by disaggregated Vanguard entities may show holdings.
FAQ
Who filed the Schedule 13G/A for PFS?
The filing was made by The Vanguard Group. The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026 and lists Vanguard's Malvern, PA address.
What change does the Amendment No. 15 report for PFS (PFS)?
It reports that Vanguard beneficially owns 0 shares of Provident Financial Services common stock. The filing attributes the change to an internal realignment and separate reporting by subsidiaries.
Why did Vanguard disaggregate its beneficial ownership reporting?
Per the filing, Vanguard underwent an internal realignment and, in reliance on SEC Release No. 34-39538, certain subsidiaries will report ownership separately from The Vanguard Group, Inc.
What voting or dispositive powers does Vanguard report for PFS?
The amendment reports 0 sole and 0 shared voting and dispositive powers for Provident Financial Services common stock and states ownership is 0% of the class.