OFG Bancorp
139 hedge funds and large institutions have $804M invested in OFG Bancorp in 2014 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 42 reducing their positions, and 24 closing their positions.
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
17% more call options, than puts
Call options by funds: $1.87M | Put options by funds: $1.6M
14% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 42
14% more capital invested
Capital invested by funds: $708M → $804M (+$96M)
3.22% more ownership
Funds ownership: 104.9% → 108.13% (+3.2%)
1% more funds holding
Funds holding: 137 → 139 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$49M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.6M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$8.81M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.16M |
| 5 |
QI
QS Investors
New York
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$11.7M |
| 2 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$11.3M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$5.39M |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$4.56M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
151
Zacks Investment Management
Chicago,
Illinois
| – | -$229K | -15,298 | Closed |
|
|
SCM
152
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$216K | -14,405 | Closed |
|
|
IMS
153
Index Management Solutions
Philadelphia,
Pennsylvania
| – | -$185K | -12,337 | Closed |
|
|
CSS
154
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$180K | -11,984 | Closed |
|
|
BA
155
Boston Advisors
Boston,
Massachusetts
| – | -$174K | -11,601 | Closed |
|
|
TRCT
156
Tower Research Capital (TRC)
New York
| – | -$75K | -5,012 | Closed |
|
157
US Bancorp
Minneapolis,
Minnesota
| – | -$62K | -4,108 | Closed |
|
158
VanEck Associates
New York
| – | -$39K | -2,633 | Closed |
|
159
BNP Paribas Financial Markets
Paris,
France
| – | -$39.1K | -2,613 | Closed |
|
160
Group One Trading
Chicago,
Illinois
| – | -$13.8K | -900 | Closed |
|
|
WEC
161
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$5.93K | -396 | Closed |
|
162
Envestnet Asset Management
Chicago,
Illinois
| – | -$2K | -132 | Closed |
|
163
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1K | -58 | Closed |
|
OFG Hedge Fund Activity: Q4 2014 in Review
139 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q4 2014, worth a combined $804M — up 14% from $708M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new OFG positions and 24 closed out — a net gain of 6 holders — while 48 added to existing stakes and 42 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $49M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $11.7M sold.
- 139 institutional investors held OFG Bancorp (OFG) as of Q4 2014, up from 137 in Q3 2014.
- Funds reported $804M of OFG Bancorp stock for Q4 2014, up 14% quarter-over-quarter.
- 30 funds opened new OFG Bancorp positions in Q4 2014 and 24 closed out, a net change of +6 holders.
- The largest OFG Bancorp buyer in Q4 2014 was Victory Capital Management, an estimated $49M added.
- The largest OFG Bancorp seller in Q4 2014 was Eagle Asset Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2014.