OceanFirst Financial
OCFC
137 hedge funds and large institutions have $930M invested in OceanFirst Financial in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 71 increasing their positions, 31 reducing their positions, and 14 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
129% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 31
45% more capital invested
Capital invested by funds: $641M → $930M (+$289M)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
1% more funds holding
Funds holding: 136 → 137 (+1)
2.12% less ownership
Funds ownership: 74.93% → 72.81% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$31.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$25.9M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$23.2M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.3M |
| 5 |
BlackRock
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.95M |
| 2 |
GJL
Gendell Jeffrey L
|
-$1.86M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.4M |
| 4 |
Bank of New York Mellon
New York
|
-$1.38M |
| 5 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$1.32M |
OCFC Hedge Fund Activity: Q1 2018 in Review
137 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q1 2018, worth a combined $930M — up 45% from $641M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new OCFC positions and 14 closed out — a net gain of 3 holders — while 71 added to existing stakes and 31 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $31.4M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $7.95M sold.
- 137 institutional investors held OceanFirst Financial (OCFC) as of Q1 2018, up from 136 in Q4 2017.
- Funds reported $930M of OceanFirst Financial stock for Q1 2018, up 45% quarter-over-quarter.
- 17 funds opened new OceanFirst Financial positions in Q1 2018 and 14 closed out, a net change of +3 holders.
- The largest OceanFirst Financial buyer in Q1 2018 was FJ Capital Management, an estimated $31.4M added.
- The largest OceanFirst Financial seller in Q1 2018 was Lord, Abbett & Co, an estimated $7.95M sold.
Based on aggregated 13F filings for Q1 2018.