OceanFirst Financial
OCFC
110 hedge funds and large institutions have $285M invested in OceanFirst Financial in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 50 increasing their positions, 22 reducing their positions, and 5 closing their positions.
420% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 5
127% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 22
44% more capital invested
Capital invested by funds: $198M → $285M (+$87.2M)
22% more funds holding
Funds holding: 90 → 110 (+20)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$19.6M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$8.58M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.86M |
| 4 |
Goldman Sachs
New York
|
+$6.01M |
| 5 |
Renaissance Technologies
New York
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$3.48M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$3.06M |
| 3 |
JP Morgan Chase
New York
|
-$2.49M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$1.37M |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.11M |
OCFC Hedge Fund Activity: Q2 2016 in Review
110 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q2 2016, worth a combined $285M — up 44% from $198M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new OCFC positions and 5 closed out — a net gain of 21 holders — while 50 added to existing stakes and 22 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $19.6M. The largest seller was Elizabeth Park Capital Advisors, cutting an estimated $3.48M.
- 110 institutional investors held OceanFirst Financial (OCFC) as of Q2 2016, up from 90 in Q1 2016.
- Funds reported $285M of OceanFirst Financial stock for Q2 2016, up 44% quarter-over-quarter.
- 26 funds opened new OceanFirst Financial positions in Q2 2016 and 5 closed out, a net change of +21 holders.
- The largest OceanFirst Financial buyer in Q2 2016 was EJF Capital, an estimated $19.6M added.
- The largest OceanFirst Financial seller in Q2 2016 was Elizabeth Park Capital Advisors, an estimated $3.48M sold.
Based on aggregated 13F filings for Q2 2016.