OceanFirst Financial
OCFC
194 hedge funds and large institutions have $763M invested in OceanFirst Financial in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 73 increasing their positions, 67 reducing their positions, and 17 closing their positions.
463% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $290K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
2% more funds holding
Funds holding: 191 → 194 (+3)
9% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 67
0.91% less ownership
Funds ownership: 70.81% → 69.91% (-0.91%)
7% less capital invested
Capital invested by funds: $819M → $763M (-$55.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$6.83M |
| 2 |
BlackRock
New York
|
+$6M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$5.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.88M |
| 5 |
NM
Newtyn Management
New York
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$32.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$6.45M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$3.27M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.57M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
201
Mattern Wealth Management
Lawrence,
Kansas
| – | -$277K | -13,050 | Closed |
|
202
SG Americas Securities
New York
| – | -$274K | -12,881 | Closed |
|
|
AIM
203
Aigen Investment Management
New York
| – | -$258K | -12,120 | Closed |
|
|
RJA
204
Raymond James & Associates
St Petersburg,
Florida
| – | -$253K | -11,900 | Closed |
|
|
DWM
205
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$229K | -10,776 | Closed |
|
206
Walleye Capital
New York
| – | -$225K | -10,600 | Closed |
|
207
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$213K | -10,027 | Closed |
|
208
Lazard Asset Management
New York
| – | -$179K | -8,491 | Closed |
|
|
NA
209
NewEdge Advisors
New Orleans,
Louisiana
| – | -$43.9K | -2,068 | Closed |
|
|
MCC
210
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$8.2K | -386 | Closed |
|
|
GTCM
211
Gyon Technologies Capital Management
Denville,
New Jersey
| – | -$191 | -9 | Closed |
|
OCFC Hedge Fund Activity: Q1 2023 in Review
194 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q1 2023, worth a combined $763M — down 6.8% from $819M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new OCFC positions and 17 closed out — a net gain of 5 holders — while 73 added to existing stakes and 67 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $6.83M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $32.9M sold.
- 194 institutional investors held OceanFirst Financial (OCFC) as of Q1 2023, up from 191 in Q4 2022.
- Funds reported $763M of OceanFirst Financial stock for Q1 2023, down 6.8% quarter-over-quarter.
- 22 funds opened new OceanFirst Financial positions in Q1 2023 and 17 closed out, a net change of +5 holders.
- The largest OceanFirst Financial buyer in Q1 2023 was JP Morgan Chase, an estimated $6.83M added.
- The largest OceanFirst Financial seller in Q1 2023 was Hood River Capital Management, an estimated $32.9M sold.
Based on aggregated 13F filings for Q1 2023.