OceanFirst Financial
OCFC
185 hedge funds and large institutions have $732M invested in OceanFirst Financial in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 71 increasing their positions, 55 reducing their positions, and 27 closing their positions.
234% more call options, than puts
Call options by funds: $575K | Put options by funds: $172K
29% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 55
22% more capital invested
Capital invested by funds: $600M → $732M (+$132M)
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
2% more funds holding
Funds holding: 182 → 185 (+3)
1.13% more ownership
Funds ownership: 69.84% → 70.96% (+1.1%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.2M |
| 2 |
Morgan Stanley
New York
|
+$7.06M |
| 3 |
Millennium Management
New York
|
+$4.72M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.53M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$14.2M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$11.4M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.67M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$5.99M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$2.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
201
Teton Advisors
Rye,
New York
| – | -$151K | -10,440 | Closed |
|
202
Teacher Retirement System of Texas
Austin,
Texas
| – | -$149K | -10,272 | Closed |
|
203
Allspring Global Investments
Charlotte,
North Carolina
| – | -$142K | -9,788 | Closed |
|
|
CSPIA
204
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$139K | -9,579 | Closed |
|
205
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$44K | -3,065 | Closed |
|
206
EARNEST Partners
Atlanta,
Georgia
| – | -$14.5K | -1,000 | Closed |
|
|
QCG
207
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$6.44K | -445 | Closed |
|
|
PPC
208
Park Place Capital
Homewood,
Alabama
| – | -$3.62K | -250 | Closed |
|
|
PTC
209
Private Trust Company
Cleveland,
Ohio
| – | -$3.26K | -225 | Closed |
|
210
US Bancorp
Minneapolis,
Minnesota
| – | -$926 | -64 | Closed |
|
|
GRP
211
Global Retirement Partners
San Rafael,
California
| – | -$168 | -12 | Closed |
|
|
BTI
212
Blue Trust Inc
Alpharetta,
Georgia
| – | +$437 | +30 | New |
|
OCFC Hedge Fund Activity: Q4 2023 in Review
185 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q4 2023, worth a combined $732M — up 22% from $600M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new OCFC positions and 27 closed out — a net gain of 4 holders — while 71 added to existing stakes and 55 trimmed.
The largest buyer was BlackRock, adding an estimated $7.2M. The largest seller was JP Morgan Chase, cutting an estimated $14.2M.
- 185 institutional investors held OceanFirst Financial (OCFC) as of Q4 2023, up from 182 in Q3 2023.
- Funds reported $732M of OceanFirst Financial stock for Q4 2023, up 22% quarter-over-quarter.
- 31 funds opened new OceanFirst Financial positions in Q4 2023 and 27 closed out, a net change of +4 holders.
- The largest OceanFirst Financial buyer in Q4 2023 was BlackRock, an estimated $7.2M added.
- The largest OceanFirst Financial seller in Q4 2023 was JP Morgan Chase, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2023.