OFG Bancorp
137 hedge funds and large institutions have $708M invested in OFG Bancorp in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
28% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 40
7% more funds holding
Funds holding: 128 → 137 (+9)
0.01% less ownership
Funds ownership: 104.91% → 104.9% (-0.01%)
3% less call options, than puts
Call options by funds: $1.4M | Put options by funds: $1.44M
19% less capital invested
Capital invested by funds: $869M → $708M (-$161M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$5.85M |
| 2 |
SC
Seawolf Capital
New York
|
+$4.73M |
| 3 |
JP Morgan Chase
New York
|
+$4.22M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$8.73M |
| 2 |
O
OppenheimerFunds
New York
|
-$6.96M |
| 3 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$6.64M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$5.52M |
| 5 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$5.32M |
OFG Hedge Fund Activity: Q3 2014 in Review
137 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2014, worth a combined $708M — down 19% from $869M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new OFG positions and 13 closed out — a net gain of 9 holders — while 51 added to existing stakes and 40 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $5.85M. The largest seller was Norges Bank, cutting an estimated $8.73M.
- 137 institutional investors held OFG Bancorp (OFG) as of Q3 2014, up from 128 in Q2 2014.
- Funds reported $708M of OFG Bancorp stock for Q3 2014, down 19% quarter-over-quarter.
- 22 funds opened new OFG Bancorp positions in Q3 2014 and 13 closed out, a net change of +9 holders.
- The largest OFG Bancorp buyer in Q3 2014 was Fiera Capital (Canada), an estimated $5.85M added.
- The largest OFG Bancorp seller in Q3 2014 was Norges Bank, an estimated $8.73M sold.
Based on aggregated 13F filings for Q3 2014.