OceanFirst Financial
OCFC
130 hedge funds and large institutions have $609M invested in OceanFirst Financial in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 47 increasing their positions, 33 reducing their positions, and 12 closing their positions.
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
81% more capital invested
Capital invested by funds: $337M → $609M (+$272M)
63.04% more ownership
Funds ownership: 0% → 63.04% (+63%)
42% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 33
16% more funds holding
Funds holding: 112 → 130 (+18)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.85M |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$6.61M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.33M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$7.63M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.43M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$4.29M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$3.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.1M |
OCFC Hedge Fund Activity: Q4 2016 in Review
130 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q4 2016, worth a combined $609M — up 81% from $337M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new OCFC positions and 12 closed out — a net gain of 19 holders — while 47 added to existing stakes and 33 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $22.3M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $7.63M sold.
- 130 institutional investors held OceanFirst Financial (OCFC) as of Q4 2016, up from 112 in Q3 2016.
- Funds reported $609M of OceanFirst Financial stock for Q4 2016, up 81% quarter-over-quarter.
- 31 funds opened new OceanFirst Financial positions in Q4 2016 and 12 closed out, a net change of +19 holders.
- The largest OceanFirst Financial buyer in Q4 2016 was Wellington Management Group, an estimated $22.3M added.
- The largest OceanFirst Financial seller in Q4 2016 was Curi RMB Capital, an estimated $7.63M sold.
Based on aggregated 13F filings for Q4 2016.