OFG Bancorp
151 hedge funds and large institutions have $529M invested in OFG Bancorp in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 22 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
1% less funds holding
Funds holding: 152 → 151 (-1)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
2.85% less ownership
Funds ownership: 94.83% → 91.98% (-2.8%)
27% less call options, than puts
Call options by funds: $35K | Put options by funds: $48K
54% less capital invested
Capital invested by funds: $1.15B → $529M (-$619M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
+$11.5M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.54M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.7M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.95M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$9.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.11M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.92M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.65M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.36M |
OFG Hedge Fund Activity: Q1 2020 in Review
151 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2020, worth a combined $529M — down 54% from $1.15B a quarter earlier.
Fund positioning in OFG was balanced in Q1 2020: 22 funds opened new positions, 22 closed out, 50 added to existing stakes and 51 trimmed.
The largest buyer was Mirabella Financial Services, opening a new position worth an estimated $11.5M. The largest seller was APG Asset Management, cutting an estimated $9.4M.
- 151 institutional investors held OFG Bancorp (OFG) as of Q1 2020, down from 152 in Q4 2019.
- Funds reported $529M of OFG Bancorp stock for Q1 2020, down 54% quarter-over-quarter.
- 22 funds opened new OFG Bancorp positions in Q1 2020 and 22 closed out, a net change of 0 holders.
- The largest OFG Bancorp buyer in Q1 2020 was Mirabella Financial Services, an estimated $11.5M added.
- The largest OFG Bancorp seller in Q1 2020 was APG Asset Management, an estimated $9.4M sold.
Based on aggregated 13F filings for Q1 2020.