OFG Bancorp
127 hedge funds and large institutions have $309M invested in OFG Bancorp in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 31 reducing their positions, and 22 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 31
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: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
1% less funds holding
Funds holding: 128 → 127 (-1)
5.04% less ownership
Funds ownership: 105.59% → 100.54% (-5%)
9% less capital invested
Capital invested by funds: $339M → $309M (-$30.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.3M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$14.2M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.7M |
| 4 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$4.77M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$27.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$9.14M |
| 3 |
State Street
Boston,
Massachusetts
|
-$5.12M |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$3.52M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.4M |
OFG Hedge Fund Activity: Q1 2016 in Review
127 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2016, worth a combined $309M — down 9% from $339M a quarter earlier.
Fund positioning in OFG was balanced in Q1 2016: 22 funds opened new positions, 22 closed out, 57 added to existing stakes and 31 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.
- 127 institutional investors held OFG Bancorp (OFG) as of Q1 2016, down from 128 in Q4 2015.
- Funds reported $309M of OFG Bancorp stock for Q1 2016, down 9% 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.