OceanFirst Financial
OCFC
73 hedge funds and large institutions have $181M invested in OceanFirst Financial in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 5 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
5% more capital invested
Capital invested by funds: $172M → $181M (+$8.75M)
1% less funds holding
Funds holding: 74 → 73 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$2.55M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$2.21M |
| 3 |
FIM
Foresters Investment Management
New York
|
+$1.49M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$718K |
| 5 |
BCM
Basswood Capital Management
New York
|
+$528K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIS
AlphaOne Investment Services
West Chester,
Pennsylvania
|
-$3.89M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$530K |
| 3 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$497K |
| 4 |
Goldman Sachs
New York
|
-$440K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$315K |
OCFC Hedge Fund Activity: Q1 2014 in Review
73 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q1 2014, worth a combined $181M — up 5.1% from $172M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of OCFC and 4 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 30 added.
The largest buyer was Phocas Financial Corp, opening a new position worth an estimated $2.55M. The largest seller was AlphaOne Investment Services, exiting entirely with an estimated $3.89M sold.
- 73 institutional investors held OceanFirst Financial (OCFC) as of Q1 2014, down from 74 in Q4 2013.
- Funds reported $181M of OceanFirst Financial stock for Q1 2014, up 5.1% quarter-over-quarter.
- 4 funds opened new OceanFirst Financial positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest OceanFirst Financial buyer in Q1 2014 was Phocas Financial Corp, an estimated $2.55M added.
- The largest OceanFirst Financial seller in Q1 2014 was AlphaOne Investment Services, an estimated $3.89M sold.
Based on aggregated 13F filings for Q1 2014.