OFG Bancorp
149 hedge funds and large institutions have $388M invested in OFG Bancorp in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 54 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
1% more funds holding
Funds holding: 147 → 149 (+2)
0.52% less ownership
Funds ownership: 96.97% → 96.45% (-0.52%)
9% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 54
9% less capital invested
Capital invested by funds: $426M → $388M (-$38.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
94% less call options, than puts
Call options by funds: $345K | Put options by funds: $5.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$6.43M |
| 2 |
SV
Stilwell Value
New York
|
+$1.43M |
| 3 |
BlackRock
New York
|
+$1.41M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 5 |
TCM
Tegean Capital Management
New York
|
+$952K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$2.32M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.92M |
| 3 |
Millennium Management
New York
|
-$1.53M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.26M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.11M |
OFG Hedge Fund Activity: Q3 2017 in Review
149 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2017, worth a combined $388M — down 9% from $426M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new OFG positions and 13 closed out — a net gain of 4 holders — while 49 added to existing stakes and 54 trimmed.
The largest buyer was Carlson Capital, opening a new position worth an estimated $6.43M. The largest seller was State Street, cutting an estimated $2.32M.
- 149 institutional investors held OFG Bancorp (OFG) as of Q3 2017, up from 147 in Q2 2017.
- Funds reported $388M of OFG Bancorp stock for Q3 2017, down 9% quarter-over-quarter.
- 17 funds opened new OFG Bancorp positions in Q3 2017 and 13 closed out, a net change of +4 holders.
- The largest OFG Bancorp buyer in Q3 2017 was Carlson Capital, an estimated $6.43M added.
- The largest OFG Bancorp seller in Q3 2017 was State Street, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2017.