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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
TJHA
76
Thomas J. Herzfeld Advisors
Florida
$1.75M +$576K +15,913 +50%
California State Teachers Retirement System (CalSTRS)
77
California State Teachers Retirement System (CalSTRS)
California
$1.73M -$94.9K -2,622 -5%
RFG
78
Range Financial Group
Oregon
$1.57M -$6.73K -186 -0.4%
UBS Group
79
UBS Group
Switzerland
$1.54M -$277K -7,648 -15%
State of Tennessee, Department of Treasury
80
State of Tennessee, Department of Treasury
Tennessee
$1.53M -$114K -3,163 -7%
TPSF
81
Texas Permanent School Fund
Texas
$1.52M +$19.5K +540 +1%
HW
82
Hancock Whitney
Mississippi
$1.51M +$59.4K +1,641 +4%
BNP Paribas Financial Markets
83
BNP Paribas Financial Markets
France
$1.34M +$835K +23,075 +172%
Wells Fargo
84
Wells Fargo
California
$1.31M +$352K +9,723 +37%
Squarepoint
85
Squarepoint
New York
$1.29M +$1.27M +35,165 New
Massachusetts Financial Services
86
Massachusetts Financial Services
Massachusetts
$1.23M -$2.68K -74 -0.2%
WSL
87
Western Standard LLC
California
$1.22M -$117K -3,236 -9%
AIMCA
88
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.22M
Ensign Peak Advisors
89
Ensign Peak Advisors
Utah
$1.18M -$58.6K -1,619 -5%
GCP
90
GSA Capital Partners
United Kingdom
$1.18M +$678K +18,741 +141%
Royal Bank of Canada
91
Royal Bank of Canada
Ontario, Canada
$1.16M -$562K -15,533 -33%
Mirae Asset Global Investments
92
Mirae Asset Global Investments
South Korea
$1.15M +$357K +9,860 +36%
NAM
93
NorthCrest Asset Manangement
Minnesota
$1.12M -$39.8K -1,100 -4%
JF
94
Jump Financial
Illinois
$1.09M +$1.07M +29,681 New
UA
95
Unison Advisors
District of Columbia
$1.08M +$6.33K +175 +0.6%
Natixis Advisors
96
Natixis Advisors
Massachusetts
$1.07M -$20.7K -573 -2%
SOADOR
97
State of Alaska Department of Revenue
Alaska
$1.05M -$10.1K -279 -1%
TWC
98
TD Waterhouse Canada
Ontario, Canada
$1.05M +$130K +3,586 +14%
JCIA
99
Jackson Creek Investment Advisors
Colorado
$1M +$986K +27,253 New
MUAMU
100
Mitsubishi UFJ Asset Management (UK)
United Kingdom
$994K

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.