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OceanFirst Financial

71 hedge funds and large institutions have $171M invested in OceanFirst Financial in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

29% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 24

6% more capital invested

Capital invested by funds: $161M → $171M (+$9.99M)

6% more funds holding

Funds holding: 6771 (+4)

Holders
71
Holders Change
+4
Holders Change %
+5.97%
% of All Funds
2.3%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
31
Reduced
24
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$26.8M -$1.34M -79,192 -5%
BCM
2
Basswood Capital Management
New York
$14.9M +$9.51M +563,842 +177%
BIT
3
BlackRock Institutional Trust
California
$11.7M -$190K -11,245 -2%
PIM
4
Perkins Investment Management
Illinois
$9.84M -$321K -19,050 -3%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$9.26M +$36.2K +2,143 +0.4%
Brown Advisory
6
Brown Advisory
Maryland
$8.05M +$255K +15,083 +3%
Vanguard Group
7
Vanguard Group
Pennsylvania
$7.13M +$52.6K +3,120 +0.7%
BFA
8
BlackRock Fund Advisors
California
$6.8M +$725K +42,962 +12%
Northern Trust
9
Northern Trust
Illinois
$6.53M -$378K -22,422 -5%
PP
10
Prospector Partners
Connecticut
$5.66M +$1.09M +64,300 +24%
LSV Asset Management
11
LSV Asset Management
Illinois
$5.54M -$5.06K -300 -0.1%
PCMF
12
Private Capital Management (Florida)
Florida
$5.51M -$256K -15,186 -4%
BGIM
13
Brandywine Global Investment Management
Pennsylvania
$5.02M -$1.35M -80,112 -21%
Renaissance Technologies
14
Renaissance Technologies
New York
$3.93M +$189K +11,224 +5%
HAI
15
Hennessy Advisors Inc
California
$3.9M +$84.4K +5,000 +2%
State Street
16
State Street
Massachusetts
$3.71M -$461K -27,304 -11%
BFC
17
Banc Funds Company
Illinois
$3.56M +$202K +12,000 +6%
AIS
18
AlphaOne Investment Services
Pennsylvania
$3.54M -$413K -24,484 -10%
JP Morgan Chase
19
JP Morgan Chase
New York
$3.44M +$401K +23,735 +13%
ECA
20
Endeavour Capital Advisors
Connecticut
$2.26M
Bank of New York Mellon
21
Bank of New York Mellon
New York
$2.13M +$221K +13,103 +12%
BCM
22
Bridgeway Capital Management
Texas
$2.04M
FG
23
FSI Group
Ohio
$1.3M +$69.9K +4,144 +6%
TCIM
24
TIAA CREF Investment Management
New York
$1.22M +$121K +7,153 +11%
CIM
25
Corbyn Investment Management
Maryland
$1.11M

OCFC Hedge Fund Activity: Q3 2013 in Review

71 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q3 2013, worth a combined $171M — up 6.2% from $161M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new OCFC positions and 4 closed out — a net gain of 4 holders — while 31 added to existing stakes and 24 trimmed.

The largest buyer was Basswood Capital Management, adding an estimated $9.51M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $10.3M sold.

  • 71 institutional investors held OceanFirst Financial (OCFC) as of Q3 2013, up from 67 in Q2 2013.
  • Funds reported $171M of OceanFirst Financial stock for Q3 2013, up 6.2% quarter-over-quarter.
  • 8 funds opened new OceanFirst Financial positions in Q3 2013 and 4 closed out, a net change of +4 holders.
  • The largest OceanFirst Financial buyer in Q3 2013 was Basswood Capital Management, an estimated $9.51M added.
  • The largest OceanFirst Financial seller in Q3 2013 was Maltese Capital Management, an estimated $10.3M sold.

Based on aggregated 13F filings for Q3 2013.