OceanFirst Financial
OCFC
136 hedge funds and large institutions have $980M invested in OceanFirst Financial in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 11 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0.36% more ownership
Funds ownership: 74.17% → 74.54% (+0.36%)
0% more funds holding
Funds holding: 136 → 136 (0)
8% less capital invested
Capital invested by funds: $1.07B → $980M (-$89.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.1M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$7.44M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$6.94M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$5.44M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.6M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$8.58M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.25M |
| 4 |
Renaissance Technologies
New York
|
-$6.92M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.94M |
OCFC Hedge Fund Activity: Q3 2018 in Review
136 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q3 2018, worth a combined $980M — down 8.4% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new OCFC positions and 11 closed out — a net gain of 1 holder — while 45 added to existing stakes and 41 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.1M. The largest seller was Millennium Management, cutting an estimated $10.6M.
- 136 institutional investors held OceanFirst Financial (OCFC) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $980M of OceanFirst Financial stock for Q3 2018, down 8.4% quarter-over-quarter.
- 12 funds opened new OceanFirst Financial positions in Q3 2018 and 11 closed out, a net change of +1 holder.
- The largest OceanFirst Financial buyer in Q3 2018 was Goldman Sachs, an estimated $11.1M added.
- The largest OceanFirst Financial seller in Q3 2018 was Millennium Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2018.