OFG Bancorp
142 hedge funds and large institutions have $626M invested in OFG Bancorp in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 46 increasing their positions, 51 reducing their positions, and 20 closing their positions.
32% more call options, than puts
Call options by funds: $204K | Put options by funds: $154K
18% more capital invested
Capital invested by funds: $529M → $626M (+$97.1M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.8% less ownership
Funds ownership: 91.98% → 91.18% (-0.8%)
10% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 51
6% less funds holding
Funds holding: 151 → 142 (-9)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$34.7M |
| 2 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
+$14M |
| 3 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$5.24M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.99M |
| 5 |
JAM
Jacobs Asset Management
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.6M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$9.59M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.85M |
| 4 |
Renaissance Technologies
New York
|
-$4.72M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LI
151
Leap Investments
Chicago,
Illinois
| – | -$190K | -17,000 | Closed |
|
|
SGAM
152
Smith Group Asset Management
Dallas,
Texas
| – | -$162K | -14,507 | Closed |
|
|
FC
153
FORA Capital
Miami,
Florida
| – | -$53K | -4,700 | Closed |
|
154
Simplex Trading
Chicago,
Illinois
| – | -$14.9K | -1,235 | Closed |
|
|
MAM
155
Meeder Asset Management
Dublin,
Ohio
| – | -$13.3K | -1,107 | -100% |
|
|
NIT
156
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$10K | -900 | Closed |
|
157
Group One Trading
Chicago,
Illinois
| – | -$7.23K | -600 | Closed |
|
|
CFG
158
Citizens Financial Group
Providence,
Rhode Island
| – | -$3K | -277 | Closed |
|
|
OPS
159
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$24 | +2 | New |
|
|
HGWM
160
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$253 | +21 | New |
|
OFG Hedge Fund Activity: Q2 2020 in Review
142 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2020, worth a combined $626M — up 18% from $529M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of OFG and 13 opened new positions — a net loss of 7 holders — while 51 trimmed existing stakes and 46 added.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $34.7M. The largest seller was Ameriprise, cutting an estimated $14.6M.
- 142 institutional investors held OFG Bancorp (OFG) as of Q2 2020, down from 151 in Q1 2020.
- Funds reported $626M of OFG Bancorp stock for Q2 2020, up 18% quarter-over-quarter.
- 13 funds opened new OFG Bancorp positions in Q2 2020 and 20 closed out, a net change of -7 holders.
- The largest OFG Bancorp buyer in Q2 2020 was Barrow, Hanley, Mewhinney & Strauss, an estimated $34.7M added.
- The largest OFG Bancorp seller in Q2 2020 was Ameriprise, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2020.