OceanFirst Financial
OCFC
140 hedge funds and large institutions have $617M invested in OceanFirst Financial in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 40 reducing their positions, and 24 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
2% less funds holding
Funds holding: 143 → 140 (-3)
8.6% less ownership
Funds ownership: 73.01% → 64.4% (-8.6%)
34% less capital invested
Capital invested by funds: $939M → $617M (-$322M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$14.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.8M |
| 3 |
JP Morgan Chase
New York
|
+$8.84M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$7.16M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$6.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.08M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$7.21M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$6.11M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.29M |
OCFC Hedge Fund Activity: Q1 2020 in Review
140 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q1 2020, worth a combined $617M — down 34% from $939M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of OCFC and 23 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 60 added.
The largest buyer was FJ Capital Management, adding an estimated $14.9M. The largest seller was BlackRock, cutting an estimated $8.08M.
- 140 institutional investors held OceanFirst Financial (OCFC) as of Q1 2020, down from 143 in Q4 2019.
- Funds reported $617M of OceanFirst Financial stock for Q1 2020, down 34% quarter-over-quarter.
- 23 funds opened new OceanFirst Financial positions in Q1 2020 and 24 closed out, a net change of -1 holder.
- The largest OceanFirst Financial buyer in Q1 2020 was FJ Capital Management, an estimated $14.9M added.
- The largest OceanFirst Financial seller in Q1 2020 was BlackRock, an estimated $8.08M sold.
Based on aggregated 13F filings for Q1 2020.