OceanFirst Financial
OCFC
76 hedge funds and large institutions have $163M invested in OceanFirst Financial in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 32 reducing their positions, and 5 closing their positions.
3% less capital invested
Capital invested by funds: $169M → $163M (-$5.72M)
1% less funds holding
Funds holding: 77 → 76 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
28% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$2.23M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$1.4M |
| 3 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$1.25M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$724K |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.18M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$995K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$787K |
| 4 |
Two Sigma Investments
New York
|
-$386K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$377K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $124 | -$41.2K | -2,504 | -24% |
|
|
77
Two Sigma Investments
New York
| – | -$386K | -23,282 | Closed |
|
|
BRWA
78
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$31.2K | -1,884 | Closed |
|
|
TAM
79
Tocqueville Asset Management
New York
| – | -$29K | -1,750 | Closed |
|
|
VFA
80
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$19K | -1,144 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$18K | -1,117 | Closed |
|
OCFC Hedge Fund Activity: Q3 2014 in Review
76 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q3 2014, worth a combined $163M — down 3.4% from $169M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of OCFC and 4 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 23 added.
The largest buyer was Elizabeth Park Capital Advisors, adding an estimated $2.23M. The largest seller was JP Morgan Chase, cutting an estimated $1.18M.
- 76 institutional investors held OceanFirst Financial (OCFC) as of Q3 2014, down from 77 in Q2 2014.
- Funds reported $163M of OceanFirst Financial stock for Q3 2014, down 3.4% quarter-over-quarter.
- 4 funds opened new OceanFirst Financial positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest OceanFirst Financial buyer in Q3 2014 was Elizabeth Park Capital Advisors, an estimated $2.23M added.
- The largest OceanFirst Financial seller in Q3 2014 was JP Morgan Chase, an estimated $1.18M sold.
Based on aggregated 13F filings for Q3 2014.