OFG Bancorp
152 hedge funds and large institutions have $1.15B invested in OFG Bancorp in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 67 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
11% more capital invested
Capital invested by funds: $1.04B → $1.15B (+$111M)
2% more funds holding
Funds holding: 149 → 152 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.74% less ownership
Funds ownership: 91.34% → 88.6% (-2.7%)
45% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 67
77% less call options, than puts
Call options by funds: $302K | Put options by funds: $1.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.09M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$4.02M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.63M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$2.63M |
| 5 |
SG Americas Securities
New York
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Arctis Global
San Juan,
Puerto Rico
|
-$18.7M |
| 2 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$7.08M |
| 3 |
State Street
Boston,
Massachusetts
|
-$5.27M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$4.36M |
| 5 |
JP Morgan Chase
New York
|
-$2.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFI
151
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$777K | -35,142 | Closed |
|
152
Squarepoint
New York
| – | -$655K | -29,612 | Closed |
|
153
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$623K | -28,148 | Closed |
|
|
TFA
154
Toth Financial Advisory
Leesburg,
Virginia
| – | -$613K | -27,700 | Closed |
|
|
GC
155
Guggenheim Capital
Chicago,
Illinois
| – | -$350K | -15,815 | Closed |
|
156
ProShare Advisors
Bethesda,
Maryland
| – | -$323K | -14,591 | Closed |
|
|
ECM
157
ExodusPoint Capital Management
New York
| – | -$222K | -10,039 | Closed |
|
158
Walleye Trading
New York
| – | -$28K | -1,269 | Closed |
|
|
GAM
159
Gemmer Asset Management
Walnut Creek,
California
| – | -$14K | -654 | Closed |
|
|
EVM
160
Eaton Vance Management
Boston,
Massachusetts
| – | -$506 | -22 | -0.7% |
|
|
HI
161
Harbour Investments
Madison,
Wisconsin
| – | +$23 | +1 | +9% |
|
OFG Hedge Fund Activity: Q3 2021 in Review
152 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2021, worth a combined $1.15B — up 11% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new OFG positions and 11 closed out — a net gain of 5 holders — while 37 added to existing stakes and 67 trimmed.
The largest buyer was Millennium Management, adding an estimated $7.09M. The largest seller was Arctis Global, cutting an estimated $18.7M.
- 152 institutional investors held OFG Bancorp (OFG) as of Q3 2021, up from 149 in Q2 2021.
- Funds reported $1.15B of OFG Bancorp stock for Q3 2021, up 11% quarter-over-quarter.
- 16 funds opened new OFG Bancorp positions in Q3 2021 and 11 closed out, a net change of +5 holders.
- The largest OFG Bancorp buyer in Q3 2021 was Millennium Management, an estimated $7.09M added.
- The largest OFG Bancorp seller in Q3 2021 was Arctis Global, an estimated $18.7M sold.
Based on aggregated 13F filings for Q3 2021.