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OFG Bancorp

146 hedge funds and large institutions have $556M invested in OFG Bancorp in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 51 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $396K | Put options by funds: $255K

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

3% more funds holding

Funds holding: 142146 (+4)

4.19% less ownership

Funds ownership: 91.18%87% (-4.2%)

11% less capital invested

Capital invested by funds: $626M → $556M (-$69.7M)

29% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 51

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
146
Holders Change
+4
Holders Change %
+2.82%
% of All Funds
2.95%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
15
Increased
36
Reduced
51
Closed
11
Calls
$396K
Puts
$255K
Net Calls
+$141K
Net Calls Change
+$91K
Name Holding Trade Value Shares
Change
Change in
Stake
Federated Hermes
126
Federated Hermes
Pennsylvania
$21K -$361K -27,553 -94%
SWA
127
Sutton Wealth Advisors
Florida
$15.4K
TSW
128
Thompson Siegel & Walmsley
Virginia
$14K
Simplex Trading
129
Simplex Trading
Illinois
$14K +$15.6K +1,187 New
GAM
130
Gemmer Asset Management
California
$8K
PHK
131
Point72 Hong Kong
Hong Kong
$8K +$7.89K +602 New
OSAM
132
O'Shaughnessy Asset Management
Connecticut
$7K
PCM
133
Prelude Capital Management
New York
$5K
US Bancorp
134
US Bancorp
Minnesota
$5K
PCG
135
Private Capital Group
Connecticut
$3K -$131 -10 -5%
QCG
136
Quadrant Capital Group
Ohio
$3K
GT
137
Glenmede Trust
Pennsylvania
$2K
TWA
138
TCI Wealth Advisors
Arizona
$2K
LC
139
Lindbrook Capital
California
$1K
Osaic Holdings
140
Osaic Holdings
Arizona
$1K
TFO
141
Tarbox Family Office
California
$1K
MAM
142
Meeder Asset Management
Ohio
$1K +$1.43K +109 +5,450%
Millennium Management
143
Millennium Management
New York
$476 +$319K +24,360 +176%
MFS
144
Mirabella Financial Services
United Kingdom
-$24.1M -1,798,800 Closed
EGM
145
Engineers Gate Manager
New York
-$303K -22,639 Closed
VRS
146
Virginia Retirement Systems
Virginia
-$275K -20,600 Closed
SRAM
147
Stone Ridge Asset Management
New York
-$238K -17,764 Closed
SG Americas Securities
148
SG Americas Securities
New York
-$224K -16,738 Closed
MFG
149
Magnus Financial Group
New York
-$148K -11,103 Closed
Citadel Advisors
150
Citadel Advisors
Florida
-$147K -10,981 Closed

OFG Hedge Fund Activity: Q3 2020 in Review

146 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2020, worth a combined $556M — down 11% from $626M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new OFG positions and 11 closed out — a net gain of 4 holders — while 36 added to existing stakes and 51 trimmed.

The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $13.6M. The largest seller was Mirabella Financial Services, exiting entirely with an estimated $24.1M sold.

  • 146 institutional investors held OFG Bancorp (OFG) as of Q3 2020, up from 142 in Q2 2020.
  • Funds reported $556M of OFG Bancorp stock for Q3 2020, down 11% quarter-over-quarter.
  • 15 funds opened new OFG Bancorp positions in Q3 2020 and 11 closed out, a net change of +4 holders.
  • The largest OFG Bancorp buyer in Q3 2020 was Barrow, Hanley, Mewhinney & Strauss, an estimated $13.6M added.
  • The largest OFG Bancorp seller in Q3 2020 was Mirabella Financial Services, an estimated $24.1M sold.

Based on aggregated 13F filings for Q3 2020.