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OceanFirst Financial

112 hedge funds and large institutions have $337M invested in OceanFirst Financial in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 19 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 19

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

18% more capital invested

Capital invested by funds: $285M → $337M (+$52M)

2% more funds holding

Funds holding: 110112 (+2)

Holders
112
Holders Change
+2
Holders Change %
+1.82%
% of All Funds
2.99%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
57
Reduced
19
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
EJF Capital
Virginia
$29.3M +$8.48M +445,000 +41%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$27.8M -$858K -45,017 -3%
Renaissance Technologies
3
Renaissance Technologies
New York
$18.4M +$3.28M +172,200 +22%
Brown Advisory
4
Brown Advisory
Maryland
$17.4M +$1.88M +98,559 +12%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$15.4M +$343K +18,013 +2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$14.6M +$1.05M +55,170 +8%
BIT
7
BlackRock Institutional Trust
California
$13.6M +$278K +14,591 +2%
Goldman Sachs
8
Goldman Sachs
New York
$12.3M +$5.87M +307,930 +93%
BFA
9
BlackRock Fund Advisors
California
$11.1M +$794K +41,632 +8%
FCM
10
FJ Capital Management
Virginia
$10.7M +$5.64M +296,000 +114%
Northern Trust
11
Northern Trust
Illinois
$10.2M +$167K +8,749 +2%
KCM
12
Kennedy Capital Management
Missouri
$9.6M +$636K +33,376 +7%
MCA
13
Mendon Capital Advisors
Florida
$8.82M +$4.15M +217,790 +91%
WCM
14
Wedge Capital Management
North Carolina
$8.29M +$64.3K +3,374 +0.8%
CRC
15
Curi RMB Capital
Illinois
$7.63M +$4.37M +229,418 +137%
PCMF
16
Private Capital Management (Florida)
Florida
$6.71M +$37.4K +1,961 +0.6%
State Street
17
State Street
Massachusetts
$5.93M +$248K +13,019 +4%
FIM
18
Foresters Investment Management
New York
$5.08M +$19.1K +1,000 +0.4%
PP
19
Prospector Partners
Connecticut
$4.99M +$156K +8,200 +3%
PIM
20
Perkins Investment Management
Illinois
$4.55M -$38.1K -2,000 -0.8%
IAM
21
Integre Asset Management
New York
$4.45M
HAI
22
Hennessy Advisors Inc
California
$4.43M -$1.43M -75,000 -25%
BCM
23
Basswood Capital Management
New York
$4.29M +$1.35M +70,837 +47%
LSV Asset Management
24
LSV Asset Management
Illinois
$4.26M -$375K -19,659 -8%
Deutsche Bank
25
Deutsche Bank
Germany
$3.96M +$1.17M +61,565 +43%

OCFC Hedge Fund Activity: Q3 2016 in Review

112 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q3 2016, worth a combined $337M — up 18% from $285M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new OCFC positions and 10 closed out — a net gain of 2 holders — while 57 added to existing stakes and 19 trimmed.

The largest buyer was EJF Capital, adding an estimated $8.48M. The largest seller was Patriot Financial Partners, exiting entirely with an estimated $8.56M sold.

  • 112 institutional investors held OceanFirst Financial (OCFC) as of Q3 2016, up from 110 in Q2 2016.
  • Funds reported $337M of OceanFirst Financial stock for Q3 2016, up 18% quarter-over-quarter.
  • 12 funds opened new OceanFirst Financial positions in Q3 2016 and 10 closed out, a net change of +2 holders.
  • The largest OceanFirst Financial buyer in Q3 2016 was EJF Capital, an estimated $8.48M added.
  • The largest OceanFirst Financial seller in Q3 2016 was Patriot Financial Partners, an estimated $8.56M sold.

Based on aggregated 13F filings for Q3 2016.