OFG Bancorp
159 hedge funds and large institutions have $563M invested in OFG Bancorp in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 54 increasing their positions, 45 reducing their positions, and 11 closing their positions.
182% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 11
133% more call options, than puts
Call options by funds: $5.93M | Put options by funds: $2.55M
34% more capital invested
Capital invested by funds: $418M → $563M (+$144M)
20% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 45
13% more funds holding
Funds holding: 141 → 159 (+18)
2.86% more ownership
Funds ownership: 94.91% → 97.77% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$14.2M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$7.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.9M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.71M |
| 5 |
Renaissance Technologies
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.7M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$15.2M |
| 3 |
Citigroup
New York
|
-$5.1M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.81M |
| 5 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$1.57M |
OFG Hedge Fund Activity: Q4 2016 in Review
159 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q4 2016, worth a combined $563M — up 34% from $418M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new OFG positions and 11 closed out — a net gain of 20 holders — while 54 added to existing stakes and 45 trimmed.
The largest buyer was Numeric Investors, adding an estimated $14.2M. The largest seller was Wellington Management Group, cutting an estimated $24.7M.
- 159 institutional investors held OFG Bancorp (OFG) as of Q4 2016, up from 141 in Q3 2016.
- Funds reported $563M of OFG Bancorp stock for Q4 2016, up 34% quarter-over-quarter.
- 31 funds opened new OFG Bancorp positions in Q4 2016 and 11 closed out, a net change of +20 holders.
- The largest OFG Bancorp buyer in Q4 2016 was Numeric Investors, an estimated $14.2M added.
- The largest OFG Bancorp seller in Q4 2016 was Wellington Management Group, an estimated $24.7M sold.
Based on aggregated 13F filings for Q4 2016.