OFG Bancorp
132 hedge funds and large institutions have $427M invested in OFG Bancorp in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 56 increasing their positions, 46 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
22% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 46
0.01% less ownership
Funds ownership: 111.75% → 111.75% (-0.01%)
13% less funds holding
Funds holding: 151 → 132 (-19)
19% less capital invested
Capital invested by funds: $527M → $427M (-$101M)
51% less call options, than puts
Call options by funds: $3.12M | Put options by funds: $6.34M
58% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$7.69M |
| 2 |
State Street
Boston,
Massachusetts
|
+$6.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$6.41M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$6.31M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$18.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$7.79M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$6.82M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.05M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
151
Virtu KCG Holdings
New York
| – | -$165K | -15,456 | Closed |
|
|
DTL
152
Dynamic Technology Lab
Singapore
| – | -$152K | -14,223 | Closed |
|
153
Stifel Financial
St. Louis,
Missouri
| – | -$130K | -12,159 | Closed |
|
|
SCM
154
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$121K | -11,326 | Closed |
|
|
PAM
155
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$118K | -11,013 | Closed |
|
|
TH
156
Timber Hill
Greenwich,
Connecticut
| – | -$111K | -10,440 | Closed |
|
|
TRCT
157
Tower Research Capital (TRC)
New York
| – | -$69K | -6,483 | Closed |
|
|
AAM
158
Advisors Asset Management
Monument,
Colorado
| – | -$39K | -3,701 | Closed |
|
159
Simplex Trading
Chicago,
Illinois
| – | -$26.4K | -3,070 | Closed |
|
|
JG
160
Jefferies Group
New York
| – | -$25K | -2,376 | Closed |
|
|
OSAM
161
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$10K | -972 | Closed |
|
|
LTFS
162
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$4K | -297 | Closed |
|
|
PIA
163
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$1.83K | -172 | Closed |
|
OFG Hedge Fund Activity: Q3 2015 in Review
132 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2015, worth a combined $427M — down 19% from $527M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of OFG and 13 opened new positions — a net loss of 18 holders — while 46 trimmed existing stakes and 56 added.
The largest buyer was Victory Capital Management, adding an estimated $7.69M. The largest seller was Franklin Resources, exiting entirely with an estimated $18.6M sold.
- 132 institutional investors held OFG Bancorp (OFG) as of Q3 2015, down from 151 in Q2 2015.
- Funds reported $427M of OFG Bancorp stock for Q3 2015, down 19% quarter-over-quarter.
- 13 funds opened new OFG Bancorp positions in Q3 2015 and 31 closed out, a net change of -18 holders.
- The largest OFG Bancorp buyer in Q3 2015 was Victory Capital Management, an estimated $7.69M added.
- The largest OFG Bancorp seller in Q3 2015 was Franklin Resources, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2015.