OFG Bancorp
180 hedge funds and large institutions have $1.14B invested in OFG Bancorp in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 70 increasing their positions, 59 reducing their positions, and 25 closing their positions.
91% more call options, than puts
Call options by funds: $16.3M | Put options by funds: $8.55M
21% more capital invested
Capital invested by funds: $941M → $1.14B (+$196M)
19% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 59
0.56% more ownership
Funds ownership: 92.79% → 93.34% (+0.56%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 192 → 180 (-12)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$30M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$13.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.76M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$5.4M |
| 5 |
BlackRock
New York
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$10.3M |
| 2 |
Bank of New York Mellon
New York
|
-$5.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.4M |
| 4 |
Two Sigma Investments
New York
|
-$3.46M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$3.46M |
OFG Hedge Fund Activity: Q2 2019 in Review
180 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2019, worth a combined $1.14B — up 21% from $941M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of OFG and 17 opened new positions — a net loss of 8 holders — while 59 trimmed existing stakes and 70 added.
The largest buyer was Nuveen, opening a new position worth an estimated $30M. The largest seller was Capital International Investors, exiting entirely with an estimated $10.3M sold.
- 180 institutional investors held OFG Bancorp (OFG) as of Q2 2019, down from 192 in Q1 2019.
- Funds reported $1.14B of OFG Bancorp stock for Q2 2019, up 21% quarter-over-quarter.
- 17 funds opened new OFG Bancorp positions in Q2 2019 and 25 closed out, a net change of -8 holders.
- The largest OFG Bancorp buyer in Q2 2019 was Nuveen, an estimated $30M added.
- The largest OFG Bancorp seller in Q2 2019 was Capital International Investors, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2019.