OFG Bancorp
130 hedge funds and large institutions have $400M invested in OFG Bancorp in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 45 reducing their positions, and 14 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
93% more call options, than puts
Call options by funds: $5.57M | Put options by funds: $2.88M
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
30% more capital invested
Capital invested by funds: $307M → $400M (+$93.4M)
3% more funds holding
Funds holding: 126 → 130 (+4)
9% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 45
1.55% less ownership
Funds ownership: 100.54% → 98.99% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Stilwell Value
New York
|
+$6.12M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$5.16M |
| 3 |
JP Morgan Chase
New York
|
+$4.31M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$3.28M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.1M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.88M |
| 3 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$5.03M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.01M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.51M |
OFG Hedge Fund Activity: Q2 2016 in Review
130 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2016, worth a combined $400M — up 30% from $307M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new OFG positions and 14 closed out — a net gain of 6 holders — while 41 added to existing stakes and 45 trimmed.
The largest buyer was Stilwell Value, opening a new position worth an estimated $6.12M. The largest seller was Wellington Management Group, cutting an estimated $10.1M.
- 130 institutional investors held OFG Bancorp (OFG) as of Q2 2016, up from 126 in Q1 2016.
- Funds reported $400M of OFG Bancorp stock for Q2 2016, up 30% quarter-over-quarter.
- 20 funds opened new OFG Bancorp positions in Q2 2016 and 14 closed out, a net change of +6 holders.
- The largest OFG Bancorp buyer in Q2 2016 was Stilwell Value, an estimated $6.12M added.
- The largest OFG Bancorp seller in Q2 2016 was Wellington Management Group, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2016.