PROVIDENT TRUST CO
SEC Form 13F institutional filer · CIK 0001140436
13F-HR · 22 reported holdings · 2026-03-31
Trust company.
Reported long-US-equity value
$4.78B
Top-10 concentration
89.1%
PROVIDENT TRUST CO — $4.78B AUM allocation strategy
PROVIDENT TRUST CO files SEC Form 13F and reports $4.78B of long US equity value across 22 reported holdings for 2026-03-31.
Its largest sector bet is Communication Services 33.5%, followed by Financials 32.1% and Consumer Discretionary 14.4%.
The top 10 holdings account for 89% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
PROVIDENT TRUST CO — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$4.78B
total across 22 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
89% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$TSCO −769K sh · −$49.6M−$SCHW −671K sh · −$89M−$FAST −649K sh · +$2.29M
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services33.5%—
- Consumer Staples Merchandise Retail9.8%—
- Diversified Banks7.6%—
- Transaction & Payment Processing Services7.5%—
- Investment Banking & Brokerage7.3%—
- Apparel Retail6.9%—
- Consumer Finance5.8%—
- IT Consulting & Other Services5.5%—
- Other holdings16.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $GOOGL | Alphabet Inc | 2.8M | $802M | -430K | 16.8% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 2.79M | $801M | -426K | 16.8% |
| $COST | Costco Wholesale Corporation | 470K | $469M | -76.9K | 9.8% |
| $PNC | PNC Financial Services Group Inc | 1.75M | $363M | -279K | 7.6% |
| $V | Visa Inc | 1.18M | $357M | -191K | 7.5% |
| $SCHW | Charles Schwab Corporation | 3.7M | $348M | -671K | 7.3% |
| $TJX | TJX Companies Inc | 2.07M | $331M | -491K | 6.9% |
| $AXP | American Express Company | 917K | $277M | -161K | 5.8% |
| $ACN | Accenture plc | 1.33M | $264M | -202K | 5.5% |
| $HD | Home Depot Inc | 756K | $249M | -130K | 5.2% |
…and 12 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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