OFG Bancorp
146 hedge funds and large institutions have $556M invested in OFG Bancorp in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 51 reducing their positions, and 11 closing their positions.
55% more call options, than puts
Call options by funds: $396K | Put options by funds: $255K
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
3% more funds holding
Funds holding: 142 → 146 (+4)
4.19% less ownership
Funds ownership: 91.18% → 87% (-4.2%)
11% less capital invested
Capital invested by funds: $626M → $556M (-$69.7M)
29% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 51
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$13.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.05M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$983K |
| 5 |
Goldman Sachs
New York
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
-$24.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.75M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.46M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$3.26M |
| 5 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$2.78M |
OFG Hedge Fund Activity: Q3 2020 in Review
146 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2020, worth a combined $556M — down 11% from $626M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new OFG positions and 11 closed out — a net gain of 4 holders — while 36 added to existing stakes and 51 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $13.6M. The largest seller was Mirabella Financial Services, exiting entirely with an estimated $24.1M sold.
- 146 institutional investors held OFG Bancorp (OFG) as of Q3 2020, up from 142 in Q2 2020.
- Funds reported $556M of OFG Bancorp stock for Q3 2020, down 11% quarter-over-quarter.
- 15 funds opened new OFG Bancorp positions in Q3 2020 and 11 closed out, a net change of +4 holders.
- The largest OFG Bancorp buyer in Q3 2020 was Barrow, Hanley, Mewhinney & Strauss, an estimated $13.6M added.
- The largest OFG Bancorp seller in Q3 2020 was Mirabella Financial Services, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2020.