OFG Bancorp
155 hedge funds and large institutions have $512M invested in OFG Bancorp in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 44 reducing their positions, and 22 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 44
1.26% more ownership
Funds ownership: 97.77% → 99.03% (+1.3%)
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 159 → 155 (-4)
9% less capital invested
Capital invested by funds: $563M → $512M (-$50.7M)
44% less call options, than puts
Call options by funds: $1.66M | Put options by funds: $2.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$74.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.76M |
| 3 |
State Street
Boston,
Massachusetts
|
+$5.35M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.53M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$5.8M |
| 2 |
JP Morgan Chase
New York
|
-$2.99M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.33M |
| 4 |
Millennium Management
New York
|
-$2.13M |
| 5 |
Morgan Stanley
New York
|
-$1.98M |
OFG Hedge Fund Activity: Q1 2017 in Review
155 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2017, worth a combined $512M — down 9% from $563M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new OFG positions and 22 closed out — a net gain of 1 holder — while 58 added to existing stakes and 44 trimmed.
The largest buyer was BlackRock, adding an estimated $74.6M. The largest seller was Schneider Capital Management, cutting an estimated $5.8M.
- 155 institutional investors held OFG Bancorp (OFG) as of Q1 2017, down from 159 in Q4 2016.
- Funds reported $512M of OFG Bancorp stock for Q1 2017, down 9% quarter-over-quarter.
- 23 funds opened new OFG Bancorp positions in Q1 2017 and 22 closed out, a net change of +1 holder.
- The largest OFG Bancorp buyer in Q1 2017 was BlackRock, an estimated $74.6M added.
- The largest OFG Bancorp seller in Q1 2017 was Schneider Capital Management, an estimated $5.8M sold.
Based on aggregated 13F filings for Q1 2017.