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OFG Bancorp

216 hedge funds and large institutions have $1.6B invested in OFG Bancorp in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 75 increasing their positions, 71 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

17,200% more call options, than puts

Call options by funds: $692K | Put options by funds: $4K

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

3% more funds holding

Funds holding: 209216 (+7)

6% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 71

3% less capital invested

Capital invested by funds: $1.66B → $1.6B (-$57.1M)

1.58% less ownership

Funds ownership: 94.14%92.56% (-1.6%)

Holders
216
Holders Change
+7
Holders Change %
+3.35%
% of All Funds
3.11%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
29
Increased
75
Reduced
71
Closed
20
Calls
$692K
Puts
$4K
Net Calls
+$688K
Net Calls Change
-$515K
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$9.73M +$693K +19,144 +8%
PAM
27
Panagora Asset Management
Massachusetts
$9.49M +$2.29M +63,377 +33%
Franklin Resources
28
Franklin Resources
California
$9.45M +$7.92M +218,824 +578%
Russell Investments Group
29
Russell Investments Group
United Kingdom
$8.93M +$502K +13,869 +6%
SCA
30
Stieven Capital Advisors
Missouri
$8.81M -$2.09M -57,809 -19%
KCM
31
Kennedy Capital Management
Missouri
$8.75M -$278K -7,685 -3%
Ameriprise
32
Ameriprise
Minnesota
$8.28M -$12.4M -343,041 -60%
GCM
33
Gator Capital Management
Florida
$7.65M
Fidelity Investments
34
Fidelity Investments
Massachusetts
$6.8M +$507 +14 +0%
PCM
35
Polaris Capital Management
Massachusetts
$6.66M
JAM
36
Jacobs Asset Management
New York
$6.6M -$748K -20,670 -10%
Victory Capital Management
37
Victory Capital Management
Texas
$6.28M -$664K -18,343 -10%
CSS
38
Cubist Systematic Strategies
Connecticut
$6.14M +$5M +138,195 +484%
T. Rowe Price Associates
39
T. Rowe Price Associates
Maryland
$5.63M +$1.12M +30,814 +25%
Federated Hermes
40
Federated Hermes
Pennsylvania
$5.29M +$14.5K +402 +0.3%
AG
41
Algert Global
California
$5.22M +$201K +5,550 +4%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$5.15M -$35K -967 -0.7%
Bank of America
43
Bank of America
North Carolina
$4.8M +$712K +19,678 +18%
RA
44
Raffles Associates
New York
$4.75M
BGIM
45
Brandywine Global Investment Management
Pennsylvania
$4.74M -$34.8K -962 -0.7%
Legal & General Group
46
Legal & General Group
United Kingdom
$4.6M -$5.93K -164 -0.1%
XSC
47
X-Square Capital
Puerto Rico
$4.18M +$1.02M +28,062 +33%
First Trust Advisors
48
First Trust Advisors
Illinois
$4.07M -$23.2M -642,184 -85%
Thrivent Financial for Lutherans
49
Thrivent Financial for Lutherans
Minnesota
$4.05M +$1.67M +46,154 +72%
Two Sigma Advisers
50
Two Sigma Advisers
New York
$3.92M -$941K -26,000 -20%

OFG Hedge Fund Activity: Q1 2024 in Review

216 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2024, worth a combined $1.6B — down 3.4% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new OFG positions and 20 closed out — a net gain of 9 holders — while 75 added to existing stakes and 71 trimmed.

The largest buyer was Millennium Management, adding an estimated $16.2M. The largest seller was First Trust Advisors, cutting an estimated $23.2M.

  • 216 institutional investors held OFG Bancorp (OFG) as of Q1 2024, up from 209 in Q4 2023.
  • Funds reported $1.6B of OFG Bancorp stock for Q1 2024, down 3.4% quarter-over-quarter.
  • 29 funds opened new OFG Bancorp positions in Q1 2024 and 20 closed out, a net change of +9 holders.
  • The largest OFG Bancorp buyer in Q1 2024 was Millennium Management, an estimated $16.2M added.
  • The largest OFG Bancorp seller in Q1 2024 was First Trust Advisors, an estimated $23.2M sold.

Based on aggregated 13F filings for Q1 2024.