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OFG Bancorp

141 hedge funds and large institutions have $418M invested in OFG Bancorp in 2016 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 41 increasing their positions, 46 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 16

8% more funds holding

Funds holding: 130141 (+11)

5% more capital invested

Capital invested by funds: $400M → $418M (+$18.3M)

8% less call options, than puts

Call options by funds: $1.81M | Put options by funds: $1.95M

4.08% less ownership

Funds ownership: 98.99%94.91% (-4.1%)

11% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 46

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
141
Holders Change
+11
Holders Change %
+8.46%
% of All Funds
3.76%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
27
Increased
41
Reduced
46
Closed
16
Calls
$1.81M
Puts
$1.95M
Net Calls
-$147K
Net Calls Change
-$2.84M
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
26
Tegean Capital Management
New York
$3.54M -$3.09M -302,300 -46%
Principal Financial Group
27
Principal Financial Group
Iowa
$3.21M +$88.8K +8,689 +3%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$2.91M +$86.4K +8,453 +3%
Prudential Financial
29
Prudential Financial
New Jersey
$2.85M -$949K -92,840 -25%
GCP
30
GSA Capital Partners
United Kingdom
$2.81M +$54.9K +5,375 +2%
PCM
31
Polaris Capital Management
Massachusetts
$2.74M +$2.77M +271,100 New
California Public Employees Retirement System
32
California Public Employees Retirement System
California
$2.48M -$170K -16,600 -6%
AQR Capital Management
33
AQR Capital Management
Connecticut
$2.42M +$1.1M +107,332 +82%
Invesco
34
Invesco
Georgia
$2.27M +$406K +39,773 +22%
BIM
35
BlackRock Investment Management
Delaware
$2.1M +$43.3K +4,237 +2%
Bank of America
36
Bank of America
North Carolina
$1.86M -$517K -50,573 -22%
BCM
37
Bridgeway Capital Management
Texas
$1.76M +$1.27M +124,200 +248%
QI
38
QS Investors
New York
$1.72M
Morgan Stanley
39
Morgan Stanley
New York
$1.55M +$679K +66,458 +76%
GC
40
Guggenheim Capital
Illinois
$1.5M -$10.2K -994 -0.7%
BIM
41
Bogle Investment Management
Massachusetts
$1.44M +$1.46M +142,635 New
Nisa Investment Advisors
42
Nisa Investment Advisors
Missouri
$1.33M
American Century Companies
43
American Century Companies
Missouri
$1.29M +$1.31M +127,849 New
Millennium Management
44
Millennium Management
New York
$1.24M +$1.26M +122,842 New
Los Angeles Capital Management
45
Los Angeles Capital Management
California
$1.03M -$475K -46,462 -31%
FG
46
FSI Group
Ohio
$1.01M +$1.02M +100,000 New
SAM
47
Shell Asset Management
Netherlands
$978K +$989K +96,725 New
Federated Hermes
48
Federated Hermes
Pennsylvania
$946K -$421K -41,231 -31%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$923K +$6.13K +600 +0.7%
MAM
50
Martingale Asset Management
Massachusetts
$904K

OFG Hedge Fund Activity: Q3 2016 in Review

141 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2016, worth a combined $418M — up 4.6% from $400M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new OFG positions and 16 closed out — a net gain of 11 holders — while 41 added to existing stakes and 46 trimmed.

The largest buyer was Cornerstone Capital Management Holdings, adding an estimated $4.4M. The largest seller was Carlson Capital, cutting an estimated $9.81M.

  • 141 institutional investors held OFG Bancorp (OFG) as of Q3 2016, up from 130 in Q2 2016.
  • Funds reported $418M of OFG Bancorp stock for Q3 2016, up 4.6% quarter-over-quarter.
  • 27 funds opened new OFG Bancorp positions in Q3 2016 and 16 closed out, a net change of +11 holders.
  • The largest OFG Bancorp buyer in Q3 2016 was Cornerstone Capital Management Holdings, an estimated $4.4M added.
  • The largest OFG Bancorp seller in Q3 2016 was Carlson Capital, an estimated $9.81M sold.

Based on aggregated 13F filings for Q3 2016.