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OFG Bancorp

181 hedge funds and large institutions have $1.13B invested in OFG Bancorp in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 71 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more call options, than puts

Call options by funds: $313K | Put options by funds: $107K

3% more capital invested

Capital invested by funds: $1.1B → $1.13B (+$30M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.81% less ownership

Funds ownership: 92.65%90.85% (-1.8%)

5% less funds holding

Funds holding: 191181 (-10)

15% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 71

32% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 31

Holders
181
Holders Change
-10
Holders Change %
-5.24%
% of All Funds
2.84%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
21
Increased
60
Reduced
71
Closed
31
Calls
$313K
Puts
$107K
Net Calls
+$206K
Net Calls Change
-$788K
Name Holding Trade Value Shares
Change
Change in
Stake
PI
26
Putnam Investments
Massachusetts
$6.51M +$811K +32,343 +15%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$6.46M +$1.62M +64,538 +35%
JAM
28
Jacobs Asset Management
New York
$6.44M +$85.7K +3,417 +1%
Two Sigma Advisers
29
Two Sigma Advisers
New York
$5.75M +$529K +21,100 +11%
GCM
30
Gator Capital Management
Florida
$5.74M
BCM
31
Bridgeway Capital Management
Texas
$5.46M +$77.8K +3,100 +2%
Russell Investments Group
32
Russell Investments Group
United Kingdom
$5.09M +$358K +14,274 +8%
Victory Capital Management
33
Victory Capital Management
Texas
$5.07M -$120K -4,786 -2%
PCM
34
Polaris Capital Management
Massachusetts
$4.8M
Two Sigma Investments
35
Two Sigma Investments
New York
$4.19M -$536K -21,360 -12%
Fidelity Investments
36
Fidelity Investments
Massachusetts
$4.07M +$528K +21,043 +16%
XSC
37
X-Square Capital
Puerto Rico
$3.92M -$39.8K -1,588 -1%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$3.76M -$38.2K -1,521 -1%
T. Rowe Price Associates
39
T. Rowe Price Associates
Maryland
$3.66M +$418K +16,655 +13%
KCM
40
Kennedy Capital Management
Missouri
$3.63M +$2.69M +107,241 +335%
Legal & General Group
41
Legal & General Group
United Kingdom
$3.4M +$438K +17,466 +15%
Federated Hermes
42
Federated Hermes
Pennsylvania
$3.3M +$322K +12,819 +11%
BGIM
43
Brandywine Global Investment Management
Pennsylvania
$3.25M +$200K +7,965 +7%
Prudential Financial
44
Prudential Financial
New Jersey
$3.08M -$1.35M -53,700 -31%
AG
45
Algert Global
California
$2.88M -$1.44M -57,284 -34%
Swiss National Bank
46
Swiss National Bank
Switzerland
$2.71M +$27.6K +1,100 +1%
CSS
47
Cubist Systematic Strategies
Connecticut
$2.68M +$1.36M +54,296 +112%
KOCAA
48
Knights of Columbus Asset Advisors
Connecticut
$2.66M +$6.05K +241 +0.2%
MAM
49
Martingale Asset Management
Massachusetts
$2.53M -$133K -5,297 -5%
EST
50
EA Series Trust
Pennsylvania
$2.33M +$2.24M +89,350 New

OFG Hedge Fund Activity: Q2 2023 in Review

181 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2023, worth a combined $1.13B — up 2.7% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of OFG and 21 opened new positions — a net loss of 10 holders — while 71 trimmed existing stakes and 60 added.

The largest buyer was Morgan Stanley, adding an estimated $3.72M. The largest seller was Stilwell Value, cutting an estimated $19M.

  • 181 institutional investors held OFG Bancorp (OFG) as of Q2 2023, down from 191 in Q1 2023.
  • Funds reported $1.13B of OFG Bancorp stock for Q2 2023, up 2.7% quarter-over-quarter.
  • 21 funds opened new OFG Bancorp positions in Q2 2023 and 31 closed out, a net change of -10 holders.
  • The largest OFG Bancorp buyer in Q2 2023 was Morgan Stanley, an estimated $3.72M added.
  • The largest OFG Bancorp seller in Q2 2023 was Stilwell Value, an estimated $19M sold.

Based on aggregated 13F filings for Q2 2023.