OFG Bancorp
193 hedge funds and large institutions have $1.09B invested in OFG Bancorp in 2022 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 61 reducing their positions, and 8 closing their positions.
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
11% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 61
10% more funds holding
Funds holding: 175 → 193 (+18)
1.13% more ownership
Funds ownership: 90.16% → 91.3% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less capital invested
Capital invested by funds: $1.11B → $1.09B (-$21.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.43M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$7.72M |
| 3 |
JP Morgan Chase
New York
|
+$3.81M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.52M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.7M |
| 2 |
Goldman Sachs
New York
|
-$7.35M |
| 3 |
BlackRock
New York
|
-$2.9M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$2.35M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.35M |
OFG Hedge Fund Activity: Q3 2022 in Review
193 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2022, worth a combined $1.09B — down 2% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new OFG positions and 8 closed out — a net gain of 20 holders — while 68 added to existing stakes and 61 trimmed.
The largest buyer was Millennium Management, adding an estimated $9.43M. The largest seller was Fidelity Investments, cutting an estimated $40.7M.
- 193 institutional investors held OFG Bancorp (OFG) as of Q3 2022, up from 175 in Q2 2022.
- Funds reported $1.09B of OFG Bancorp stock for Q3 2022, down 2% quarter-over-quarter.
- 28 funds opened new OFG Bancorp positions in Q3 2022 and 8 closed out, a net change of +20 holders.
- The largest OFG Bancorp buyer in Q3 2022 was Millennium Management, an estimated $9.43M added.
- The largest OFG Bancorp seller in Q3 2022 was Fidelity Investments, an estimated $40.7M sold.
Based on aggregated 13F filings for Q3 2022.