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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
EF
51
Empowered Funds
Pennsylvania
$2.33M +$2.24M +89,350 New
SV
52
Stilwell Value
New York
$2.24M -$19M -756,724 -90%
Barclays
53
Barclays
United Kingdom
$2.22M +$563K +22,454 +36%
Thrivent Financial for Lutherans
54
Thrivent Financial for Lutherans
Minnesota
$2.21M -$481K -19,170 -18%
Public Sector Pension Investment Board (PSP Investments)
55
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.2M +$17K +679 +0.8%
Macquarie Group
56
Macquarie Group
Australia
$2.11M
State Board of Administration of Florida Retirement System
57
State Board of Administration of Florida Retirement System
Florida
$2.06M +$1.25M +49,693 +169%
Massachusetts Financial Services
58
Massachusetts Financial Services
Massachusetts
$2.04M -$46.3K -1,845 -2%
UBS AM
59
UBS AM
Illinois
$1.98M
RA
60
Raffles Associates
New York
$1.88M +$1.18M +47,000 +188%
Citigroup
61
Citigroup
New York
$1.79M +$1.01M +40,434 +143%
Bank of America
62
Bank of America
North Carolina
$1.73M -$256K -10,217 -13%
CS
63
Credit Suisse
Switzerland
$1.71M +$573K +22,830 +53%
Nisa Investment Advisors
64
Nisa Investment Advisors
Missouri
$1.69M +$125K +4,964 +8%
Teacher Retirement System of Texas
65
Teacher Retirement System of Texas
Texas
$1.68M +$462K +18,426 +40%
AQR Capital Management
66
AQR Capital Management
Connecticut
$1.65M -$2.56M -102,235 -62%
VOYA Investment Management
67
VOYA Investment Management
Georgia
$1.65M +$5.39K +215 +0.3%
State of Tennessee, Department of Treasury
68
State of Tennessee, Department of Treasury
Tennessee
$1.6M +$42.7K +1,702 +3%
AllianceBernstein
69
AllianceBernstein
Tennessee
$1.54M -$37.9K -1,510 -3%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$1.47M -$73.1K -2,915 -5%
Qube Research & Technologies (QRT)
71
Qube Research & Technologies (QRT)
United Kingdom
$1.41M -$546K -21,770 -29%
TD Asset Management
72
TD Asset Management
Ontario, Canada
$1.41M -$123K -4,900 -8%
COPPSERS
73
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.4M +$83.9K +3,344 +7%
RFG
74
Range Financial Group
Oregon
$1.27M -$72K -2,870 -6%
Rafferty Asset Management
75
Rafferty Asset Management
New York
$1.24M +$550K +21,931 +85%

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.