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OFG Bancorp

130 hedge funds and large institutions have $400M invested in OFG Bancorp in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 45 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

93% more call options, than puts

Call options by funds: $5.57M | Put options by funds: $2.88M

43% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 14

30% more capital invested

Capital invested by funds: $307M → $400M (+$93.4M)

3% more funds holding

Funds holding: 126130 (+4)

9% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 45

1.55% less ownership

Funds ownership: 100.54%98.99% (-1.6%)

Holders
130
Holders Change
+4
Holders Change %
+3.17%
% of All Funds
3.47%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
20
Increased
41
Reduced
45
Closed
14
Calls
$5.57M
Puts
$2.88M
Net Calls
+$2.69M
Net Calls Change
+$2.58M
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Riverhead Capital Management
Delaware
$40.4M +$1.21M +148,059 +17,136%
Vanguard Group
2
Vanguard Group
Pennsylvania
$31.1M +$1.32M +162,243 +5%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$30.5M +$2.08M +255,402 +7%
BFA
4
BlackRock Fund Advisors
California
$24.4M +$611K +74,871 +3%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$24M -$10.1M -1,238,183 -30%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$21.2M
CC
7
Carlson Capital
Texas
$20.4M +$1.16M +142,012 +6%
JP Morgan Chase
8
JP Morgan Chase
New York
$15M +$4.31M +528,570 +41%
SCM
9
Snow Capital Management
Pennsylvania
$14.3M -$5.03M -616,502 -26%
PPA
10
Parametric Portfolio Associates
Washington
$12.4M -$2.51M -307,609 -17%
State Street
11
State Street
Massachusetts
$10.6M +$2.74M +335,206 +36%
EA
12
Emerald Acquisition
Washington
$10.4M +$10.3M +1,258,940 New
Deutsche Bank
13
Deutsche Bank
Germany
$10.4M -$245K -29,969 -2%
LSV Asset Management
14
LSV Asset Management
Illinois
$9.92M -$167K -20,500 -2%
BIT
15
BlackRock Institutional Trust
California
$9.13M -$77.5K -9,491 -0.9%
SCM
16
Schneider Capital Management
Pennsylvania
$8.14M +$1.62M +198,973 +25%
Ameriprise
17
Ameriprise
Minnesota
$7.77M -$4.01M -490,990 -34%
Northern Trust
18
Northern Trust
Illinois
$6.81M -$14.3K -1,748 -0.2%
SV
19
Stilwell Value
New York
$6.22M +$6.12M +750,000 New
BA
20
BlackRock Advisors
Delaware
$5.42M +$5.16M +631,685 +2,918%
TCM
21
Tegean Capital Management
New York
$5.41M -$227K -27,800 -4%
Goldman Sachs
22
Goldman Sachs
New York
$5.06M +$486K +59,546 +11%
Citigroup
23
Citigroup
New York
$4.46M +$100K +12,278 +2%
Charles Schwab
24
Charles Schwab
California
$4.45M +$3.28M +401,391 +297%
Norges Bank
25
Norges Bank
Norway
$4.41M -$793K -97,131 -15%

OFG Hedge Fund Activity: Q2 2016 in Review

130 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2016, worth a combined $400M — up 30% from $307M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new OFG positions and 14 closed out — a net gain of 6 holders — while 41 added to existing stakes and 45 trimmed.

The largest buyer was Stilwell Value, opening a new position worth an estimated $6.12M. The largest seller was Wellington Management Group, cutting an estimated $10.1M.

  • 130 institutional investors held OFG Bancorp (OFG) as of Q2 2016, up from 126 in Q1 2016.
  • Funds reported $400M of OFG Bancorp stock for Q2 2016, up 30% quarter-over-quarter.
  • 20 funds opened new OFG Bancorp positions in Q2 2016 and 14 closed out, a net change of +6 holders.
  • The largest OFG Bancorp buyer in Q2 2016 was Stilwell Value, an estimated $6.12M added.
  • The largest OFG Bancorp seller in Q2 2016 was Wellington Management Group, an estimated $10.1M sold.

Based on aggregated 13F filings for Q2 2016.