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OFG Bancorp

216 hedge funds and large institutions have $1.6B invested in OFG Bancorp in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 75 increasing their positions, 71 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

17,200% more call options, than puts

Call options by funds: $692K | Put options by funds: $4K

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

3% more funds holding

Funds holding: 209216 (+7)

6% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 71

3% less capital invested

Capital invested by funds: $1.66B → $1.6B (-$57.1M)

1.58% less ownership

Funds ownership: 94.14%92.56% (-1.6%)

Holders
216
Holders Change
+7
Holders Change %
+3.35%
% of All Funds
3.11%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
29
Increased
75
Reduced
71
Closed
20
Calls
$692K
Puts
$4K
Net Calls
+$688K
Net Calls Change
-$515K
Name Holding Trade Value Shares
Change
Change in
Stake
NYLIM
151
New York Life Investment Management
New York
$369K -$138K -3,811 -28%
FCMC
152
Founders Capital Management (Connecticut)
Connecticut
$368K
EMFAT
153
Emerald Mutual Fund Advisers Trust
Pennsylvania
$360K
AA
154
ALPS Advisors
Colorado
$350K -$45.1K -1,246 -12%
ProShare Advisors
155
ProShare Advisors
Maryland
$343K +$23.2K +641 +7%
SC
156
Scotia Capital
Ontario, Canada
$342K -$4.81K -133 -1%
Pathstone Holdings
157
Pathstone Holdings
New Jersey
$341K +$29.3K +810 +10%
SAM
158
Shell Asset Management
Netherlands
$338K -$32.8K -906 -9%
OSAM
159
O'Shaughnessy Asset Management
Connecticut
$338K +$63.9K +1,765 +24%
PTC
160
Petrus Trust Company
Texas
$336K
X
161
Xponance
Pennsylvania
$321K +$316K +8,730 New
B
162
Bailard
California
$317K +$312K +8,611 New
MOACM
163
Mutual of America Capital Management
New York
$298K -$4.6K -127 -2%
Amundi
164
Amundi
France
$279K +$83.3K +2,303 +38%
XT
165
XTX Topco
Cayman Islands
$273K +$268K +7,408 New
Man Group
166
Man Group
United Kingdom
$269K +$265K +7,312 New
Allianz Asset Management
167
Allianz Asset Management
Germany
$255K -$185K -5,100 -42%
FTDI
168
First Trust Direct Indexing
Massachusetts
$248K -$80.2K -2,215 -25%
SEI Investments
169
SEI Investments
Pennsylvania
$230K +$10.7K +296 +5%
Walleye Capital
170
Walleye Capital
New York
$230K +$226K +6,235 New
Handelsbanken Fonder
171
Handelsbanken Fonder
Sweden
$228K +$224K +6,200 New
Bank of Montreal
172
Bank of Montreal
Ontario, Canada
$220K +$3.55K +98 +2%
AIP
173
Ameritas Investment Partners
Nebraska
$171K
PNC Financial Services Group
174
PNC Financial Services Group
Pennsylvania
$158K
Lazard Asset Management
175
Lazard Asset Management
New York
$153K +$101K +2,804 +207%

OFG Hedge Fund Activity: Q1 2024 in Review

216 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2024, worth a combined $1.6B — down 3.4% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new OFG positions and 20 closed out — a net gain of 9 holders — while 75 added to existing stakes and 71 trimmed.

The largest buyer was Millennium Management, adding an estimated $16.2M. The largest seller was First Trust Advisors, cutting an estimated $23.2M.

  • 216 institutional investors held OFG Bancorp (OFG) as of Q1 2024, up from 209 in Q4 2023.
  • Funds reported $1.6B of OFG Bancorp stock for Q1 2024, down 3.4% quarter-over-quarter.
  • 29 funds opened new OFG Bancorp positions in Q1 2024 and 20 closed out, a net change of +9 holders.
  • The largest OFG Bancorp buyer in Q1 2024 was Millennium Management, an estimated $16.2M added.
  • The largest OFG Bancorp seller in Q1 2024 was First Trust Advisors, an estimated $23.2M sold.

Based on aggregated 13F filings for Q1 2024.