OFG Bancorp
172 hedge funds and large institutions have $731M invested in OFG Bancorp in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 49 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
37% more call options, than puts
Call options by funds: $14M | Put options by funds: $10.2M
37% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 49
20% more capital invested
Capital invested by funds: $612M → $731M (+$120M)
4% more funds holding
Funds holding: 165 → 172 (+7)
3.95% more ownership
Funds ownership: 98.99% → 102.94% (+4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
+$12.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.5M |
| 3 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$6.74M |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$6.48M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$3.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$11.4M |
| 2 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$6.92M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$6.75M |
| 4 |
JP Morgan Chase
New York
|
-$4.82M |
| 5 |
Man Group
London,
United Kingdom
|
-$3.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Neuberger Berman Group
New York
| – | -$197K | -14,010 | Closed |
|
177
Tudor Investment Corp
Stamford,
Connecticut
| – | -$186K | -13,262 | Closed |
|
|
SCM
178
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$162K | -11,535 | Closed |
|
179
Envestnet Asset Management
Chicago,
Illinois
| – | -$154K | -10,931 | Closed |
|
180
Group One Trading
Chicago,
Illinois
| – | -$133K | -8,228 | Closed |
|
181
DZ Bank
Frankfurt Am Main,
Germany
| – | -$102K | -7,266 | Closed |
|
|
DA
182
Denali Advisors
San Diego,
California
| – | -$3K | -244 | Closed |
|
|
FGAM
183
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$2K | -101 | Closed |
|
|
HNB
184
Huntington National Bank
Columbus,
Ohio
| – | +$16 | +1 | New |
|
|
CAG
185
Csenge Advisory Group
Clearwater,
Florida
| – | +$178 | +11 | New |
|
OFG Hedge Fund Activity: Q3 2018 in Review
172 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2018, worth a combined $731M — up 20% from $612M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new OFG positions and 14 closed out — a net gain of 8 holders — while 67 added to existing stakes and 49 trimmed.
The largest buyer was Teachers Advisors, adding an estimated $12.4M. The largest seller was Carlson Capital, exiting entirely with an estimated $11.4M sold.
- 172 institutional investors held OFG Bancorp (OFG) as of Q3 2018, up from 165 in Q2 2018.
- Funds reported $731M of OFG Bancorp stock for Q3 2018, up 20% quarter-over-quarter.
- 22 funds opened new OFG Bancorp positions in Q3 2018 and 14 closed out, a net change of +8 holders.
- The largest OFG Bancorp buyer in Q3 2018 was Teachers Advisors, an estimated $12.4M added.
- The largest OFG Bancorp seller in Q3 2018 was Carlson Capital, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2018.