OFG Bancorp
147 hedge funds and large institutions have $426M invested in OFG Bancorp in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 60 increasing their positions, 52 reducing their positions, and 16 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 52
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.06% less ownership
Funds ownership: 99.03% → 96.97% (-2.1%)
5% less funds holding
Funds holding: 155 → 147 (-8)
17% less capital invested
Capital invested by funds: $512M → $426M (-$85.9M)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
55% less call options, than puts
Call options by funds: $555K | Put options by funds: $1.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tegean Capital Management
New York
|
+$5.28M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.86M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$1.86M |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$1.61M |
| 5 |
Millennium Management
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.69M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.11M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.01M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.65M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HMS
151
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$756K | -64,039 | Closed |
|
152
Tudor Investment Corp
Stamford,
Connecticut
| – | -$428K | -36,300 | Closed |
|
|
AP
153
AHL Partners
London,
United Kingdom
| – | -$406K | -34,370 | Closed |
|
|
PG
154
PEAK6 Group
Chicago,
Illinois
| – | -$352K | -33,509 | Closed |
|
|
SIM
155
Spark Investment Management
New York
| – | -$364K | -30,900 | Closed |
|
|
CANY
156
Caxton Associates (New York)
New York
| – | -$315K | -26,681 | Closed |
|
|
AG
157
Algert Global
San Francisco,
California
| – | -$300K | -25,457 | Closed |
|
158
Axa
Paris,
France
| – | -$227K | -19,200 | Closed |
|
|
HW
159
Hancock Whitney
Gulfport,
Mississippi
| – | -$180K | -15,271 | Closed |
|
160
Balyasny Asset Management
Chicago,
Illinois
| – | -$126K | -10,700 | Closed |
|
|
PA
161
Profund Advisors
Bethesda,
Maryland
| – | -$119K | -10,082 | Closed |
|
162
Group One Trading
Chicago,
Illinois
| – | -$11.9K | -1,130 | Closed |
|
OFG Hedge Fund Activity: Q2 2017 in Review
147 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2017, worth a combined $426M — down 17% from $512M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of OFG and 8 opened new positions — a net loss of 8 holders — while 52 trimmed existing stakes and 60 added.
The largest buyer was Tegean Capital Management, adding an estimated $5.28M. The largest seller was BlackRock, cutting an estimated $3.69M.
- 147 institutional investors held OFG Bancorp (OFG) as of Q2 2017, down from 155 in Q1 2017.
- Funds reported $426M of OFG Bancorp stock for Q2 2017, down 17% quarter-over-quarter.
- 8 funds opened new OFG Bancorp positions in Q2 2017 and 16 closed out, a net change of -8 holders.
- The largest OFG Bancorp buyer in Q2 2017 was Tegean Capital Management, an estimated $5.28M added.
- The largest OFG Bancorp seller in Q2 2017 was BlackRock, an estimated $3.69M sold.
Based on aggregated 13F filings for Q2 2017.