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OFG Bancorp

216 hedge funds and large institutions have $1.6B invested in OFG Bancorp in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 75 increasing their positions, 71 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

17,200% more call options, than puts

Call options by funds: $692K | Put options by funds: $4K

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

3% more funds holding

Funds holding: 209216 (+7)

6% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 71

3% less capital invested

Capital invested by funds: $1.66B → $1.6B (-$57.1M)

1.58% less ownership

Funds ownership: 94.14%92.56% (-1.6%)

Holders
216
Holders Change
+7
Holders Change %
+3.35%
% of All Funds
3.11%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
29
Increased
75
Reduced
71
Closed
20
Calls
$692K
Puts
$4K
Net Calls
+$688K
Net Calls Change
-$515K
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Teachers Retirement System (NYSTRS)
101
New York State Teachers Retirement System (NYSTRS)
New York
$976K -$19.8K -547 -2%
JIR
102
James Investment Research
Ohio
$970K
SIM
103
SummerHaven Investment Management
Connecticut
$969K +$9.48K +262 +1%
IMRF
104
Illinois Municipal Retirement Fund
Illinois
$955K -$19.6K -541 -2%
VI
105
Versor Investments
New York
$943K +$927K +25,619 New
Susquehanna International Group
106
Susquehanna International Group
Pennsylvania
$935K -$1.4M -38,641 -60%
Voloridge Investment Management
107
Voloridge Investment Management
Florida
$919K +$301K +8,311 +50%
AIG
108
American International Group
New York
$918K -$8.03K -222 -0.9%
MIM
109
MetLife Investment Management
New Jersey
$893K
WCM
110
Wedge Capital Management
North Carolina
$858K +$219K +6,062 +35%
LSERS
111
Louisiana State Employees Retirement System
Louisiana
$858K -$7.24K -200 -0.9%
Manulife (Manufacturers Life Insurance)
112
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$847K +$19.5K +538 +2%
Capstone Investment Advisors
113
Capstone Investment Advisors
New York
$844K +$830K +22,923 New
TI
114
Trexquant Investment
Connecticut
$819K +$579K +15,991 +256%
State of Wisconsin Investment Board
115
State of Wisconsin Investment Board
Wisconsin
$809K +$796K +21,985 New
GC
116
Globeflex Capital
California
$796K
YCM
117
Yousif Capital Management
Michigan
$778K -$138K -3,816 -15%
SGI
118
Summit Global Investments
Utah
$748K +$735K +20,312 New
State Board of Administration of Florida Retirement System
119
State Board of Administration of Florida Retirement System
Florida
$735K -$1.56M -43,225 -59%
New York State Common Retirement Fund
120
New York State Common Retirement Fund
New York
$695K -$345K -9,524 -34%
RA
121
Royce & Associates
New York
$673K -$763K -21,084 -54%
ECM
122
EMC Capital Management
Texas
$670K +$166K +4,576 +34%
Balyasny Asset Management
123
Balyasny Asset Management
Illinois
$653K +$261K +7,206 +68%
Janney Montgomery Scott
124
Janney Montgomery Scott
Pennsylvania
$649K +$638K +17,618 New
SG Americas Securities
125
SG Americas Securities
New York
$637K -$170K -4,697 -21%

OFG Hedge Fund Activity: Q1 2024 in Review

216 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2024, worth a combined $1.6B — down 3.4% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new OFG positions and 20 closed out — a net gain of 9 holders — while 75 added to existing stakes and 71 trimmed.

The largest buyer was Millennium Management, adding an estimated $16.2M. The largest seller was First Trust Advisors, cutting an estimated $23.2M.

  • 216 institutional investors held OFG Bancorp (OFG) as of Q1 2024, up from 209 in Q4 2023.
  • Funds reported $1.6B of OFG Bancorp stock for Q1 2024, down 3.4% quarter-over-quarter.
  • 29 funds opened new OFG Bancorp positions in Q1 2024 and 20 closed out, a net change of +9 holders.
  • The largest OFG Bancorp buyer in Q1 2024 was Millennium Management, an estimated $16.2M added.
  • The largest OFG Bancorp seller in Q1 2024 was First Trust Advisors, an estimated $23.2M sold.

Based on aggregated 13F filings for Q1 2024.