OFG Bancorp
154 hedge funds and large institutions have $445M invested in OFG Bancorp in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 58 reducing their positions, and 17 closing their positions.
11% more capital invested
Capital invested by funds: $401M → $445M (+$44.1M)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.32% less ownership
Funds ownership: 97.22% → 96.9% (-0.32%)
1% less funds holding
Funds holding: 156 → 154 (-2)
14% less call options, than puts
Call options by funds: $7.86M | Put options by funds: $9.13M
29% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$5.68M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.57M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$3.85M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$2.28M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.8M |
| 2 |
TCM
Tegean Capital Management
New York
|
-$4.38M |
| 3 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$2.09M |
| 4 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$1.44M |
| 5 |
Two Sigma Investments
New York
|
-$1.21M |
OFG Hedge Fund Activity: Q1 2018 in Review
154 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2018, worth a combined $445M — up 11% from $401M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new OFG positions and 17 closed out — a net gain of 1 holder — while 41 added to existing stakes and 58 trimmed.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $5.68M. The largest seller was Vanguard Group, cutting an estimated $5.8M.
- 154 institutional investors held OFG Bancorp (OFG) as of Q1 2018, down from 156 in Q4 2017.
- Funds reported $445M of OFG Bancorp stock for Q1 2018, up 11% quarter-over-quarter.
- 18 funds opened new OFG Bancorp positions in Q1 2018 and 17 closed out, a net change of +1 holder.
- The largest OFG Bancorp buyer in Q1 2018 was Mangrove Partners, an estimated $5.68M added.
- The largest OFG Bancorp seller in Q1 2018 was Vanguard Group, an estimated $5.8M sold.
Based on aggregated 13F filings for Q1 2018.