OFG Bancorp
152 hedge funds and large institutions have $1.15B invested in OFG Bancorp in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 56 reducing their positions, and 29 closing their positions.
8% more capital invested
Capital invested by funds: $1.07B → $1.15B (+$83M)
0.13% more ownership
Funds ownership: 94.7% → 94.83% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less funds holding
Funds holding: 173 → 152 (-21)
13% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 56
48% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 29
93% less call options, than puts
Call options by funds: $37K | Put options by funds: $550K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$14.5M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$7M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$5.82M |
| 5 |
Millennium Management
New York
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$10.5M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$5.19M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$4.29M |
| 4 |
JP Morgan Chase
New York
|
-$4.12M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.72M |
OFG Hedge Fund Activity: Q4 2019 in Review
152 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q4 2019, worth a combined $1.15B — up 7.8% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of OFG and 15 opened new positions — a net loss of 14 holders — while 56 trimmed existing stakes and 49 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $18.6M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $10.5M sold.
- 152 institutional investors held OFG Bancorp (OFG) as of Q4 2019, down from 173 in Q3 2019.
- Funds reported $1.15B of OFG Bancorp stock for Q4 2019, up 7.8% quarter-over-quarter.
- 15 funds opened new OFG Bancorp positions in Q4 2019 and 29 closed out, a net change of -14 holders.
- The largest OFG Bancorp buyer in Q4 2019 was Wellington Management Group, an estimated $18.6M added.
- The largest OFG Bancorp seller in Q4 2019 was Driehaus Capital Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2019.