OceanFirst Financial
OCFC
71 hedge funds and large institutions have $171M invested in OceanFirst Financial in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 8 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
5% more capital invested
Capital invested by funds: $163M → $171M (+$8.34M)
7% less funds holding
Funds holding: 76 → 71 (-5)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.12M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$819K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$806K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$760K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$2.71M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$2.13M |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
-$1.1M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$608K |
| 5 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$347K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
76
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$192K | -12,044 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$42K | -2,667 | Closed |
|
78
Ameriprise
Minneapolis,
Minnesota
| – | -$21K | -1,300 | Closed |
|
79
BNP Paribas Financial Markets
Paris,
France
| – | -$13.9K | -873 | Closed |
|
OCFC Hedge Fund Activity: Q4 2014 in Review
71 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q4 2014, worth a combined $171M — up 5.1% from $163M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of OCFC and 6 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Wells Fargo, adding an estimated $1.12M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $2.71M sold.
- 71 institutional investors held OceanFirst Financial (OCFC) as of Q4 2014, down from 76 in Q3 2014.
- Funds reported $171M of OceanFirst Financial stock for Q4 2014, up 5.1% quarter-over-quarter.
- 6 funds opened new OceanFirst Financial positions in Q4 2014 and 8 closed out, a net change of -2 holders.
- The largest OceanFirst Financial buyer in Q4 2014 was Wells Fargo, an estimated $1.12M added.
- The largest OceanFirst Financial seller in Q4 2014 was Phocas Financial Corp, an estimated $2.71M sold.
Based on aggregated 13F filings for Q4 2014.