OFG Bancorp
120 hedge funds and large institutions have $803M invested in OFG Bancorp in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 37 increasing their positions, 43 reducing their positions, and 23 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
0.33% less ownership
Funds ownership: 104.25% → 103.92% (-0.33%)
3% less capital invested
Capital invested by funds: $824M → $803M (-$21.2M)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
2% less funds holding
Funds holding: 123 → 120 (-3)
14% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 43
23% less call options, than puts
Call options by funds: $17K | Put options by funds: $22K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Consector Capital
New York
|
+$11.3M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$11.2M |
| 3 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$7.53M |
| 4 |
Citigroup
New York
|
+$5.76M |
| 5 |
O
OppenheimerFunds
New York
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WHV Investments
San Francisco,
California
|
-$12.4M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$9.58M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$6.53M |
| 4 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$6.18M |
| 5 |
JP Morgan Chase
New York
|
-$5.58M |
OFG Hedge Fund Activity: Q1 2014 in Review
120 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2014, worth a combined $803M — down 2.6% from $824M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of OFG and 21 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 37 added.
The largest buyer was Consector Capital, opening a new position worth an estimated $11.3M. The largest seller was WHV Investments, cutting an estimated $12.4M.
- 120 institutional investors held OFG Bancorp (OFG) as of Q1 2014, down from 123 in Q4 2013.
- Funds reported $803M of OFG Bancorp stock for Q1 2014, down 2.6% quarter-over-quarter.
- 21 funds opened new OFG Bancorp positions in Q1 2014 and 23 closed out, a net change of -2 holders.
- The largest OFG Bancorp buyer in Q1 2014 was Consector Capital, an estimated $11.3M added.
- The largest OFG Bancorp seller in Q1 2014 was WHV Investments, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2014.