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OceanFirst Financial

182 hedge funds and large institutions have $600M invested in OceanFirst Financial in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 66 increasing their positions, 62 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,939% more call options, than puts

Call options by funds: $3.74M | Put options by funds: $62K

120% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 10

6% more funds holding

Funds holding: 171182 (+11)

6% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 62

0.49% less ownership

Funds ownership: 70.33%69.84% (-0.49%)

8% less capital invested

Capital invested by funds: $655M → $600M (-$54.6M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
182
Holders Change
+11
Holders Change %
+6.43%
% of All Funds
2.89%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
22
Increased
66
Reduced
62
Closed
10
Calls
$3.74M
Puts
$62K
Net Calls
+$3.68M
Net Calls Change
+$2.46M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$116M -$7.33M -435,708 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$47.7M +$966K +57,423 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$45.5M -$3.35M -199,331 -6%
JP Morgan Chase
4
JP Morgan Chase
New York
$27.9M -$2.03M -120,467 -6%
GKIM
5
GW&K Investment Management
Massachusetts
$25.3M +$2.38M +141,505 +9%
State Street
6
State Street
Massachusetts
$22.9M -$2.59M -153,996 -9%
Boston Partners
7
Boston Partners
Massachusetts
$19.7M +$2.35M +139,646 +11%
N
8
Nuveen
North Carolina
$18.6M +$16.5K +980 +0.1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$18.5M +$907K +53,888 +4%
Invesco
10
Invesco
Georgia
$17.9M +$674K +40,030 +3%
Goldman Sachs
11
Goldman Sachs
New York
$14.2M -$1.09M -64,784 -6%
Ameriprise
12
Ameriprise
Minnesota
$12.1M -$431K -25,586 -3%
Loomis, Sayles & Company
13
Loomis, Sayles & Company
Massachusetts
$11.4M -$111K -6,606 -0.8%
ECA
14
Endeavour Capital Advisors
Connecticut
$11.2M +$1.07M +63,706 +9%
SFM
15
Systematic Financial Management
New Jersey
$10.1M -$66.4K -3,946 -0.6%
Charles Schwab
16
Charles Schwab
California
$10.1M +$735K +43,649 +7%
Hotchkis & Wiley Capital Management
17
Hotchkis & Wiley Capital Management
California
$8.86M -$1.12M -66,300 -10%
Northern Trust
18
Northern Trust
Illinois
$8.21M +$175K +10,416 +2%
LSV Asset Management
19
LSV Asset Management
Illinois
$7.65M -$361K -21,467 -4%
American Century Companies
20
American Century Companies
Missouri
$7.49M +$1.28M +76,317 +17%
KCM
21
Kennedy Capital Management
Missouri
$6.67M -$260K -15,478 -3%
FCM
22
FJ Capital Management
Virginia
$5.99M +$5.97M +354,674 +599%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$5.96M -$102K -6,077 -1%
BCM
24
Bridgeway Capital Management
Texas
$5.87M +$234K +13,904 +4%
AQR Capital Management
25
AQR Capital Management
Connecticut
$5.51M +$3.77M +224,146 +143%

OCFC Hedge Fund Activity: Q3 2023 in Review

182 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q3 2023, worth a combined $600M — down 8.3% from $655M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new OCFC positions and 10 closed out — a net gain of 12 holders — while 66 added to existing stakes and 62 trimmed.

The largest buyer was FJ Capital Management, adding an estimated $5.97M. The largest seller was BlackRock, cutting an estimated $7.33M.

  • 182 institutional investors held OceanFirst Financial (OCFC) as of Q3 2023, up from 171 in Q2 2023.
  • Funds reported $600M of OceanFirst Financial stock for Q3 2023, down 8.3% quarter-over-quarter.
  • 22 funds opened new OceanFirst Financial positions in Q3 2023 and 10 closed out, a net change of +12 holders.
  • The largest OceanFirst Financial buyer in Q3 2023 was FJ Capital Management, an estimated $5.97M added.
  • The largest OceanFirst Financial seller in Q3 2023 was BlackRock, an estimated $7.33M sold.

Based on aggregated 13F filings for Q3 2023.