OceanFirst Financial
OCFC
77 hedge funds and large institutions have $169M invested in OceanFirst Financial in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 36 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
5% more funds holding
Funds holding: 73 → 77 (+4)
0.61% more ownership
Funds ownership: 58.84% → 59.46% (+0.61%)
6% less capital inflows, than outflows
Capital inflows: $13.1M | Capital outflows: $14M
42% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$4.47M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$2.74M |
| 3 |
Richard C. Young & Co
Newport,
Rhode Island
|
+$2.62M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$521K |
| 5 |
Renaissance Technologies
New York
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Basswood Capital Management
New York
|
-$9.7M |
| 2 |
BlackRock Fund Advisors
San Francisco,
California
|
-$884K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$571K |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$399K |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
-$364K |
OCFC Hedge Fund Activity: Q2 2014 in Review
77 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q2 2014, worth a combined $169M — down 6.8% from $181M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new OCFC positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 36 trimmed.
The largest buyer was Endeavour Capital Advisors, adding an estimated $4.47M. The largest seller was Basswood Capital Management, cutting an estimated $9.7M.
- 77 institutional investors held OceanFirst Financial (OCFC) as of Q2 2014, up from 73 in Q1 2014.
- Funds reported $169M of OceanFirst Financial stock for Q2 2014, down 6.8% quarter-over-quarter.
- 9 funds opened new OceanFirst Financial positions in Q2 2014 and 5 closed out, a net change of +4 holders.
- The largest OceanFirst Financial buyer in Q2 2014 was Endeavour Capital Advisors, an estimated $4.47M added.
- The largest OceanFirst Financial seller in Q2 2014 was Basswood Capital Management, an estimated $9.7M sold.
Based on aggregated 13F filings for Q2 2014.