OFG Bancorp
127 hedge funds and large institutions have $339M invested in OFG Bancorp in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 19 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
4% less funds holding
Funds holding: 132 → 127 (-5)
6.15% less ownership
Funds ownership: 111.75% → 105.6% (-6.1%)
21% less capital invested
Capital invested by funds: $427M → $339M (-$87.8M)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
46% less call options, than puts
Call options by funds: $977K | Put options by funds: $1.8M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.56M |
| 2 |
TCM
Tegean Capital Management
New York
|
+$4.22M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.5M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$3.27M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$19.8M |
| 2 |
SC
Seawolf Capital
New York
|
-$5.03M |
| 3 |
CC
Consector Capital
New York
|
-$3.44M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.26M |
| 5 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$2.94M |
OFG Hedge Fund Activity: Q4 2015 in Review
127 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q4 2015, worth a combined $339M — down 21% from $427M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of OFG and 15 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 46 added.
The largest buyer was Wellington Management Group, adding an estimated $7.56M. The largest seller was State Street, cutting an estimated $19.8M.
- 127 institutional investors held OFG Bancorp (OFG) as of Q4 2015, down from 132 in Q3 2015.
- Funds reported $339M of OFG Bancorp stock for Q4 2015, down 21% quarter-over-quarter.
- 15 funds opened new OFG Bancorp positions in Q4 2015 and 19 closed out, a net change of -4 holders.
- The largest OFG Bancorp buyer in Q4 2015 was Wellington Management Group, an estimated $7.56M added.
- The largest OFG Bancorp seller in Q4 2015 was State Street, an estimated $19.8M sold.
Based on aggregated 13F filings for Q4 2015.