OceanFirst Financial
OCFC
146 hedge funds and large institutions have $717M invested in OceanFirst Financial in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 36 reducing their positions, and 13 closing their positions.
97% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 36
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
16% more capital invested
Capital invested by funds: $617M → $717M (+$100M)
4% more funds holding
Funds holding: 140 → 146 (+6)
2.79% more ownership
Funds ownership: 64.37% → 67.16% (+2.8%)
98% less call options, than puts
Call options by funds: $10K | Put options by funds: $413K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$8.31M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.63M |
| 3 |
BlackRock
New York
|
+$4.34M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$4.25M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.32M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$2.99M |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$2.25M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.75M |
OCFC Hedge Fund Activity: Q2 2020 in Review
146 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q2 2020, worth a combined $717M — up 16% from $617M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new OCFC positions and 13 closed out — a net gain of 6 holders — while 71 added to existing stakes and 36 trimmed.
The largest buyer was Royce & Associates, opening a new position worth an estimated $8.31M. The largest seller was Private Capital Management (Florida), exiting entirely with an estimated $4.25M sold.
- 146 institutional investors held OceanFirst Financial (OCFC) as of Q2 2020, up from 140 in Q1 2020.
- Funds reported $717M of OceanFirst Financial stock for Q2 2020, up 16% quarter-over-quarter.
- 19 funds opened new OceanFirst Financial positions in Q2 2020 and 13 closed out, a net change of +6 holders.
- The largest OceanFirst Financial buyer in Q2 2020 was Royce & Associates, an estimated $8.31M added.
- The largest OceanFirst Financial seller in Q2 2020 was Private Capital Management (Florida), an estimated $4.25M sold.
Based on aggregated 13F filings for Q2 2020.