OFG Bancorp
123 hedge funds and large institutions have $824M invested in OFG Bancorp in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 40 reducing their positions, and 21 closing their positions.
802% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $125K
12% more capital invested
Capital invested by funds: $736M → $824M (+$87.6M)
4.56% more ownership
Funds ownership: 99.69% → 104.25% (+4.6%)
5% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 126 → 123 (-3)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$22.6M |
| 2 |
WI
WHV Investments
San Francisco,
California
|
+$17.9M |
| 3 |
State Street
Boston,
Massachusetts
|
+$14.5M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$8.6M |
| 5 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$7.13M |
| 2 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$5.21M |
| 3 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$5.09M |
| 4 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$4.91M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$4.71M |
OFG Hedge Fund Activity: Q4 2013 in Review
123 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q4 2013, worth a combined $824M — up 12% from $736M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of OFG and 18 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 42 added.
The largest buyer was Munder Capital Management, adding an estimated $22.6M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $7.13M.
- 123 institutional investors held OFG Bancorp (OFG) as of Q4 2013, down from 126 in Q3 2013.
- Funds reported $824M of OFG Bancorp stock for Q4 2013, up 12% quarter-over-quarter.
- 18 funds opened new OFG Bancorp positions in Q4 2013 and 21 closed out, a net change of -3 holders.
- The largest OFG Bancorp buyer in Q4 2013 was Munder Capital Management, an estimated $22.6M added.
- The largest OFG Bancorp seller in Q4 2013 was Bryn Mawr Capital Management Inc, an estimated $7.13M sold.
Based on aggregated 13F filings for Q4 2013.