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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
KOCAA
51
Knights of Columbus Asset Advisors
Connecticut
$3.69M -$3.46M -95,676 -49%
Public Sector Pension Investment Board (PSP Investments)
52
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.55M -$42.7K -1,180 -1%
AQR Capital Management
53
AQR Capital Management
Connecticut
$3.48M +$2.69M +74,423 +370%
Swiss National Bank
54
Swiss National Bank
Switzerland
$3.42M
MAM
55
Martingale Asset Management
Massachusetts
$3.06M +$79.7K +2,203 +3%
Barclays
56
Barclays
United Kingdom
$3.03M -$868K -23,987 -23%
Two Sigma Investments
57
Two Sigma Investments
New York
$2.93M +$1.59M +43,801 +123%
UBS AM
58
UBS AM
Illinois
$2.89M
Prudential Financial
59
Prudential Financial
New Jersey
$2.84M -$223K -6,165 -7%
Citigroup
60
Citigroup
New York
$2.74M +$544K +15,033 +25%
Axa
61
Axa
France
$2.72M +$2.4M +66,415 +881%
EPCA
62
Elizabeth Park Capital Advisors
Ohio
$2.64M -$341K -9,423 -12%
Macquarie Group
63
Macquarie Group
Australia
$2.61M
HF
64
HRT Financial
New York
$2.61M +$810K +22,395 +46%
CS
65
Credit Suisse
Switzerland
$2.57M +$31.4K +868 +1%
Jane Street
66
Jane Street
New York
$2.32M +$520K +14,357 +30%
HSBC Holdings
67
HSBC Holdings
United Kingdom
$2.29M +$2.25M +62,199 New
TD Asset Management
68
TD Asset Management
Ontario, Canada
$2.17M +$145K +4,000 +7%
Nisa Investment Advisors
69
Nisa Investment Advisors
Missouri
$2.17M -$15.2K -420 -0.7%
Teacher Retirement System of Texas
70
Teacher Retirement System of Texas
Texas
$2.04M +$631K +17,450 +46%
Canada Life
71
Canada Life
Manitoba, Canada
$1.99M +$75.2K +2,079 +4%
AllianceBernstein
72
AllianceBernstein
Tennessee
$1.95M +$107K +2,960 +6%
Rafferty Asset Management
73
Rafferty Asset Management
New York
$1.91M +$313K +8,648 +20%
VOYA Investment Management
74
VOYA Investment Management
Georgia
$1.85M -$132K -3,645 -7%
EGM
75
Engineers Gate Manager
New York
$1.75M +$1.22M +33,607 +240%

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.