OceanFirst Financial
OCFC
144 hedge funds and large institutions have $879M invested in OceanFirst Financial in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 35 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
71% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 35
4% more funds holding
Funds holding: 138 → 144 (+6)
4% more capital invested
Capital invested by funds: $848M → $879M (+$31.1M)
0.14% less ownership
Funds ownership: 69.21% → 69.07% (-0.14%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$17.4M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$6.44M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$4.45M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.88M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$12.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.9M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$2.5M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
151
Bruderman Asset Management
Locust Valley,
New York
| – | -$25K | -1,048 | Closed |
|
|
PGWM
152
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$11K | -465 | Closed |
|
|
JCM
153
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$5K | -217 | Closed |
|
|
TWA
154
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -103 | Closed |
|
155
Acadian Asset Management
Boston,
Massachusetts
| – | +$25 | +1 | New |
|
|
GWS
156
Glassman Wealth Services
Vienna,
Virginia
| – | +$25 | +1 | New |
|
OCFC Hedge Fund Activity: Q2 2019 in Review
144 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q2 2019, worth a combined $879M — up 3.7% from $848M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new OCFC positions and 12 closed out — a net gain of 11 holders — while 60 added to existing stakes and 35 trimmed.
The largest buyer was Invesco, adding an estimated $17.4M. The largest seller was Skyline Asset Management, exiting entirely with an estimated $12.2M sold.
- 144 institutional investors held OceanFirst Financial (OCFC) as of Q2 2019, up from 138 in Q1 2019.
- Funds reported $879M of OceanFirst Financial stock for Q2 2019, up 3.7% quarter-over-quarter.
- 23 funds opened new OceanFirst Financial positions in Q2 2019 and 12 closed out, a net change of +11 holders.
- The largest OceanFirst Financial buyer in Q2 2019 was Invesco, an estimated $17.4M added.
- The largest OceanFirst Financial seller in Q2 2019 was Skyline Asset Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2019.