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OFG Bancorp

181 hedge funds and large institutions have $1.13B invested in OFG Bancorp in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 71 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more call options, than puts

Call options by funds: $313K | Put options by funds: $107K

3% more capital invested

Capital invested by funds: $1.1B → $1.13B (+$30M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.81% less ownership

Funds ownership: 92.65%90.85% (-1.8%)

5% less funds holding

Funds holding: 191181 (-10)

15% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 71

32% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 31

Holders
181
Holders Change
-10
Holders Change %
-5.24%
% of All Funds
2.84%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
21
Increased
60
Reduced
71
Closed
31
Calls
$313K
Puts
$107K
Net Calls
+$206K
Net Calls Change
-$788K
Name Holding Trade Value Shares
Change
Change in
Stake
MIM
101
MetLife Investment Management
New Jersey
$633K
Susquehanna International Group
102
Susquehanna International Group
Pennsylvania
$597K -$311K -12,382 -35%
Janus Henderson Group
103
Janus Henderson Group
United Kingdom
$581K -$677 -27 -0.1%
Truist Financial
104
Truist Financial
North Carolina
$555K -$157K -6,271 -23%
RA
105
Royce & Associates
New York
$550K +$529K +21,084 New
Franklin Resources
106
Franklin Resources
California
$526K +$2.13K +85 +0.4%
GC
107
Globeflex Capital
California
$506K -$42.1K -1,678 -8%
New York State Common Retirement Fund
108
New York State Common Retirement Fund
New York
$503K -$394K -15,718 -45%
AB
109
Amalgamated Bank
New York
$496K -$22.5K -895 -4%
MSRPS
110
Maryland State Retirement & Pension System
Maryland
$483K -$16.2K -644 -3%
Manulife (Manufacturers Life Insurance)
111
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$476K +$1.05K +42 +0.2%
TI
112
Trexquant Investment
Connecticut
$461K +$443K +17,663 New
NYLIM
113
New York Life Investment Management
New York
$431K -$54.8K -2,185 -12%
BNP Paribas Financial Markets
114
BNP Paribas Financial Markets
France
$430K -$410K -16,351 -50%
MAA
115
Mraz Amerine & Associates
California
$428K
National Bank of Canada
116
National Bank of Canada
Quebec, Canada
$424K +$8.18K +326 +2%
EIP
117
Easterly Investment Partners
Massachusetts
$412K +$50.2K +2,000 +15%
First Manhattan
118
First Manhattan
New York
$391K
OPERF
119
Oregon Public Employees Retirement Fund
Oregon
$386K -$12.5K -500 -3%
HF
120
HRT Financial
New York
$384K +$370K +14,757 New
TRCT
121
Tower Research Capital (TRC)
New York
$372K +$75.8K +3,022 +27%
TRSOTSOK
122
Teachers Retirement System of the State of Kentucky
Kentucky
$370K +$20.9K +835 +6%
ETC
123
Exchange Traded Concepts
Oklahoma
$366K -$5.57K -222 -2%
MUAMU
124
Mitsubishi UFJ Asset Management (UK)
United Kingdom
$365K -$50.2K -2,000 -13%
SGI
125
Summit Global Investments
Utah
$350K +$337K +13,413 New

OFG Hedge Fund Activity: Q2 2023 in Review

181 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2023, worth a combined $1.13B — up 2.7% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of OFG and 21 opened new positions — a net loss of 10 holders — while 71 trimmed existing stakes and 60 added.

The largest buyer was Morgan Stanley, adding an estimated $3.72M. The largest seller was Stilwell Value, cutting an estimated $19M.

  • 181 institutional investors held OFG Bancorp (OFG) as of Q2 2023, down from 191 in Q1 2023.
  • Funds reported $1.13B of OFG Bancorp stock for Q2 2023, up 2.7% quarter-over-quarter.
  • 21 funds opened new OFG Bancorp positions in Q2 2023 and 31 closed out, a net change of -10 holders.
  • The largest OFG Bancorp buyer in Q2 2023 was Morgan Stanley, an estimated $3.72M added.
  • The largest OFG Bancorp seller in Q2 2023 was Stilwell Value, an estimated $19M sold.

Based on aggregated 13F filings for Q2 2023.