OceanFirst Financial
OCFC
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.
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 (+$10.2M)
6% more funds holding
Funds holding: 67 → 71 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$9.51M |
| 2 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$1.09M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$725K |
| 4 |
JP Morgan Chase
New York
|
+$401K |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$10.3M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$2.19M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.35M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.34M |
| 5 |
State Street
Boston,
Massachusetts
|
-$461K |
OCFC Hedge Fund Activity: Q3 2013 in Review
71 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q3 2013, worth a combined $171M — up 6.3% 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 6.3% 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.