OFG Bancorp
128 hedge funds and large institutions have $869M invested in OFG Bancorp in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 51 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
8% more capital invested
Capital invested by funds: $803M → $869M (+$66.1M)
7% more funds holding
Funds holding: 120 → 128 (+8)
1% more ownership
Funds ownership: 103.92% → 104.91% (+1%)
0% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $1.75M
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
29% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$14.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$13.2M |
| 3 |
SC
Seawolf Capital
New York
|
+$8.77M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$4.87M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
FSI Group
Cincinnati,
Ohio
|
-$12.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.17M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$6.92M |
| 4 |
State Street
Boston,
Massachusetts
|
-$6.22M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.78M |
OFG Hedge Fund Activity: Q2 2014 in Review
128 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2014, worth a combined $869M — up 8.2% from $803M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new OFG positions and 12 closed out — a net gain of 8 holders — while 36 added to existing stakes and 51 trimmed.
The largest buyer was Eagle Asset Management, opening a new position worth an estimated $14.6M. The largest seller was FSI Group, exiting entirely with an estimated $12.6M sold.
- 128 institutional investors held OFG Bancorp (OFG) as of Q2 2014, up from 120 in Q1 2014.
- Funds reported $869M of OFG Bancorp stock for Q2 2014, up 8.2% quarter-over-quarter.
- 20 funds opened new OFG Bancorp positions in Q2 2014 and 12 closed out, a net change of +8 holders.
- The largest OFG Bancorp buyer in Q2 2014 was Eagle Asset Management, an estimated $14.6M added.
- The largest OFG Bancorp seller in Q2 2014 was FSI Group, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2014.