OFG Bancorp
207 hedge funds and large institutions have $1.3B invested in OFG Bancorp in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 59 increasing their positions, 80 reducing their positions, and 10 closing their positions.
12,200% more call options, than puts
Call options by funds: $615K | Put options by funds: $5K
280% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 10
16% more capital invested
Capital invested by funds: $1.13B → $1.3B (+$178M)
14% more funds holding
Funds holding: 181 → 207 (+26)
1.86% more ownership
Funds ownership: 90.85% → 92.71% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
26% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$18M |
| 2 |
Millennium Management
New York
|
+$5.05M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$4.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.87M |
| 5 |
RA
Raffles Associates
New York
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.16M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$7.19M |
| 3 |
BlackRock
New York
|
-$3.28M |
| 4 |
Morgan Stanley
New York
|
-$2.98M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.79M |
OFG Hedge Fund Activity: Q3 2023 in Review
207 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2023, worth a combined $1.3B — up 16% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new OFG positions and 10 closed out — a net gain of 28 holders — while 59 added to existing stakes and 80 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $18M. The largest seller was Wellington Management Group, cutting an estimated $8.16M.
- 207 institutional investors held OFG Bancorp (OFG) as of Q3 2023, up from 181 in Q2 2023.
- Funds reported $1.3B of OFG Bancorp stock for Q3 2023, up 16% quarter-over-quarter.
- 38 funds opened new OFG Bancorp positions in Q3 2023 and 10 closed out, a net change of +28 holders.
- The largest OFG Bancorp buyer in Q3 2023 was Janus Henderson Group, an estimated $18M added.
- The largest OFG Bancorp seller in Q3 2023 was Wellington Management Group, an estimated $8.16M sold.
Based on aggregated 13F filings for Q3 2023.