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OFG Bancorp

126 hedge funds and large institutions have $307M invested in OFG Bancorp in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 32 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 32

8% more call options, than puts

Call options by funds: $1.54M | Put options by funds: $1.44M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 22

1% less funds holding

Funds holding: 127126 (-1)

5.05% less ownership

Funds ownership: 105.6%100.54% (-5.1%)

10% less capital invested

Capital invested by funds: $339M → $307M (-$32.2M)

Holders
126
Holders Change
-1
Holders Change %
-0.79%
% of All Funds
3.36%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
56
Reduced
32
Closed
22
Calls
$1.54M
Puts
$1.44M
Net Calls
+$110K
Net Calls Change
+$931K
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$28.9M +$17.3M +2,831,877 +218%
Vanguard Group
2
Vanguard Group
Pennsylvania
$25M -$57.2K -9,360 -0.3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$23.9M +$890K +145,725 +4%
BFA
4
BlackRock Fund Advisors
California
$20.1M +$130K +21,330 +0.7%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$17.8M
SCM
6
Snow Capital Management
Pennsylvania
$16.3M -$906K -148,376 -6%
CC
7
Carlson Capital
Texas
$16.2M +$14.2M +2,317,916 New
PPA
8
Parametric Portfolio Associates
Washington
$12.6M +$6.7M +1,096,875 +155%
RFC
9
Russell Frank Company
Washington
$11M +$1.09M +178,499 +13%
Ameriprise
10
Ameriprise
Minnesota
$9.97M -$3.4M -556,097 -28%
Deutsche Bank
11
Deutsche Bank
Germany
$8.97M -$2.77M -454,254 -26%
JP Morgan Chase
12
JP Morgan Chase
New York
$8.94M +$191K +31,270 +3%
LSV Asset Management
13
LSV Asset Management
Illinois
$8.5M -$275K -45,100 -4%
BIT
14
BlackRock Institutional Trust
California
$7.75M +$7.5K +1,228 +0.1%
State Street
15
State Street
Massachusetts
$6.58M -$5.12M -838,266 -47%
Northern Trust
16
Northern Trust
Illinois
$5.75M +$1.59M +260,073 +46%
SCM
17
Schneider Capital Management
Pennsylvania
$5.46M +$4.77M +781,498 New
PI
18
Putnam Investments
Massachusetts
$5.31M -$848K -138,899 -15%
TCM
19
Tegean Capital Management
New York
$4.75M -$3.05M -498,554 -42%
Norges Bank
20
Norges Bank
Norway
$4.39M -$1.6M -262,138 -29%
JAM
21
Jacobs Asset Management
New York
$4.02M +$26.3K +4,300 +0.8%
Goldman Sachs
22
Goldman Sachs
New York
$3.85M +$275K +45,042 +9%
Citigroup
23
Citigroup
New York
$3.67M -$241K -39,511 -7%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$3.49M -$1.46M -238,644 -32%
QI
25
QS Investors
New York
$2.29M

OFG Hedge Fund Activity: Q1 2016 in Review

126 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2016, worth a combined $307M — down 9.5% from $339M a quarter earlier.

Fund positioning in OFG was balanced in Q1 2016: 22 funds opened new positions, 22 closed out, 56 added to existing stakes and 32 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $17.3M. The largest seller was Victory Capital Management, exiting entirely with an estimated $27.4M sold.

  • 126 institutional investors held OFG Bancorp (OFG) as of Q1 2016, down from 127 in Q4 2015.
  • Funds reported $307M of OFG Bancorp stock for Q1 2016, down 9.5% quarter-over-quarter.
  • 22 funds opened new OFG Bancorp positions in Q1 2016 and 22 closed out, a net change of 0 holders.
  • The largest OFG Bancorp buyer in Q1 2016 was Wellington Management Group, an estimated $17.3M added.
  • The largest OFG Bancorp seller in Q1 2016 was Victory Capital Management, an estimated $27.4M sold.

Based on aggregated 13F filings for Q1 2016.