OFG Bancorp
165 hedge funds and large institutions have $612M invested in OFG Bancorp in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 54 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
37% more capital invested
Capital invested by funds: $445M → $612M (+$166M)
7% more funds holding
Funds holding: 154 → 165 (+11)
2.09% more ownership
Funds ownership: 96.9% → 98.99% (+2.1%)
5% more call options, than puts
Call options by funds: $14.1M | Put options by funds: $13.4M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$8.4M |
| 2 |
BlackRock
New York
|
+$4.81M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.11M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$3.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$5.61M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$5.41M |
| 3 |
TCM
Tegean Capital Management
New York
|
-$4.06M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$3.33M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.57M |
OFG Hedge Fund Activity: Q2 2018 in Review
165 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2018, worth a combined $612M — up 37% from $445M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new OFG positions and 11 closed out — a net gain of 11 holders — while 50 added to existing stakes and 54 trimmed.
The largest buyer was X-Square Capital, adding an estimated $8.4M. The largest seller was Mangrove Partners, exiting entirely with an estimated $5.61M sold.
- 165 institutional investors held OFG Bancorp (OFG) as of Q2 2018, up from 154 in Q1 2018.
- Funds reported $612M of OFG Bancorp stock for Q2 2018, up 37% quarter-over-quarter.
- 22 funds opened new OFG Bancorp positions in Q2 2018 and 11 closed out, a net change of +11 holders.
- The largest OFG Bancorp buyer in Q2 2018 was X-Square Capital, an estimated $8.4M added.
- The largest OFG Bancorp seller in Q2 2018 was Mangrove Partners, an estimated $5.61M sold.
Based on aggregated 13F filings for Q2 2018.