OFG Bancorp
191 hedge funds and large institutions have $1.1B invested in OFG Bancorp in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 76 reducing their positions, and 28 closing their positions.
497% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $200K
1.19% more ownership
Funds ownership: 91.46% → 92.65% (+1.2%)
0% more capital invested
Capital invested by funds: $1.09B → $1.1B (+$4.22M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less funds holding
Funds holding: 205 → 191 (-14)
11% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 76
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$19.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.4M |
| 3 |
BlackRock
New York
|
+$7.82M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.75M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.4M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$6.82M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.02M |
| 4 |
SV
Stilwell Value
New York
|
-$3.69M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.41M |
OFG Hedge Fund Activity: Q1 2023 in Review
191 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2023, worth a combined $1.1B — up 0.39% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of OFG and 16 opened new positions — a net loss of 12 holders — while 76 trimmed existing stakes and 68 added.
The largest buyer was Charles Schwab, adding an estimated $19.7M. The largest seller was Millennium Management, cutting an estimated $10.4M.
- 191 institutional investors held OFG Bancorp (OFG) as of Q1 2023, down from 205 in Q4 2022.
- Funds reported $1.1B of OFG Bancorp stock for Q1 2023, up 0.39% quarter-over-quarter.
- 16 funds opened new OFG Bancorp positions in Q1 2023 and 28 closed out, a net change of -12 holders.
- The largest OFG Bancorp buyer in Q1 2023 was Charles Schwab, an estimated $19.7M added.
- The largest OFG Bancorp seller in Q1 2023 was Millennium Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2023.