OceanFirst Financial
OCFC
77 hedge funds and large institutions have $169M invested in OceanFirst Financial in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 36 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
5% more funds holding
Funds holding: 73 → 77 (+4)
7% less capital invested
Capital invested by funds: $181M → $169M (-$12.2M)
42% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$4.47M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$2.74M |
| 3 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$2.62M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$521K |
| 5 |
Renaissance Technologies
New York
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$9.75M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$884K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$571K |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$399K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$364K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
76
Denali Advisors
San Diego,
California
| $1K | -$1.67K | -100 | -62% |
|
77
BNP Paribas Financial Markets
Paris,
France
| $248 | +$250 | +15 | New |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | -$364K | -20,543 | Closed |
|
|
ZIM
79
Zacks Investment Management
Chicago,
Illinois
| – | -$316K | -17,843 | Closed |
|
80
ProShare Advisors
Bethesda,
Maryland
| – | -$246K | -13,932 | Closed |
|
|
NCCM
81
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$186K | -10,500 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$4K | -233 | Closed |
|
OCFC Hedge Fund Activity: Q2 2014 in Review
77 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q2 2014, worth a combined $169M — down 6.7% from $181M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new OCFC positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 36 trimmed.
The largest buyer was Endeavour Capital Advisors, adding an estimated $4.47M. The largest seller was Basswood Capital Management, cutting an estimated $9.75M.
- 77 institutional investors held OceanFirst Financial (OCFC) as of Q2 2014, up from 73 in Q1 2014.
- Funds reported $169M of OceanFirst Financial stock for Q2 2014, down 6.7% quarter-over-quarter.
- 9 funds opened new OceanFirst Financial positions in Q2 2014 and 5 closed out, a net change of +4 holders.
- The largest OceanFirst Financial buyer in Q2 2014 was Endeavour Capital Advisors, an estimated $4.47M added.
- The largest OceanFirst Financial seller in Q2 2014 was Basswood Capital Management, an estimated $9.75M sold.
Based on aggregated 13F filings for Q2 2014.