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OFG Bancorp

191 hedge funds and large institutions have $1.1B invested in OFG Bancorp in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 76 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

497% more call options, than puts

Call options by funds: $1.19M | Put options by funds: $200K

1.19% more ownership

Funds ownership: 91.46%92.65% (+1.2%)

0% more capital invested

Capital invested by funds: $1.09B → $1.1B (+$4.22M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

7% less funds holding

Funds holding: 205191 (-14)

11% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 76

43% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 28

Holders
191
Holders Change
-14
Holders Change %
-6.83%
% of All Funds
3.04%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
16
Increased
68
Reduced
76
Closed
28
Calls
$1.19M
Puts
$200K
Net Calls
+$994K
Net Calls Change
+$966K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$176M +$7.82M +279,724 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$150M +$2.91M +104,148 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$94.4M -$3.41M -121,990 -3%
Barrow, Hanley, Mewhinney & Strauss
4
Barrow, Hanley, Mewhinney & Strauss
Texas
$57.6M +$1.33M +47,450 +2%
LSV Asset Management
5
LSV Asset Management
Illinois
$52.1M -$807K -28,851 -1%
State Street
6
State Street
Massachusetts
$50.2M +$1.37M +49,166 +3%
JP Morgan Chase
7
JP Morgan Chase
New York
$36M +$1.93M +68,968 +5%
Charles Schwab
8
Charles Schwab
California
$30.1M +$19.7M +703,543 +140%
N
9
Nuveen
North Carolina
$29.5M +$4.08M +146,017 +14%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$25.1M +$4.72M +168,706 +20%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$23M +$1.38M +49,494 +6%
SV
12
Stilwell Value
New York
$21M -$3.69M -132,060 -14%
Ameriprise
13
Ameriprise
Minnesota
$18.5M -$551K -19,700 -3%
Morgan Stanley
14
Morgan Stanley
New York
$18M -$799K -28,559 -4%
Northern Trust
15
Northern Trust
Illinois
$16.1M -$253K -9,061 -1%
Invesco
16
Invesco
Georgia
$14.9M -$1.13M -40,344 -6%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$13.7M -$146K -5,212 -0.9%
First Trust Advisors
18
First Trust Advisors
Illinois
$13.2M +$10.4M +372,086 +236%
Millennium Management
19
Millennium Management
New York
$12.4M -$10.4M -372,986 -43%
American Century Companies
20
American Century Companies
Missouri
$12M +$1.69M +60,603 +14%
Jacobs Levy Equity Management
21
Jacobs Levy Equity Management
New Jersey
$11.4M -$659K -23,565 -5%
SCA
22
Stieven Capital Advisors
Missouri
$11.3M +$2.85M +102,000 +29%
Deutsche Bank
23
Deutsche Bank
Germany
$9.31M +$247K +8,850 +2%
Principal Financial Group
24
Principal Financial Group
Iowa
$7.17M -$94.8K -3,390 -1%
Allspring Global Investments
25
Allspring Global Investments
North Carolina
$7.09M -$184K -6,588 -2%

OFG Hedge Fund Activity: Q1 2023 in Review

191 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2023, worth a combined $1.1B — up 0.39% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of OFG and 16 opened new positions — a net loss of 12 holders — while 76 trimmed existing stakes and 68 added.

The largest buyer was Charles Schwab, adding an estimated $19.7M. The largest seller was Millennium Management, cutting an estimated $10.4M.

  • 191 institutional investors held OFG Bancorp (OFG) as of Q1 2023, down from 205 in Q4 2022.
  • Funds reported $1.1B of OFG Bancorp stock for Q1 2023, up 0.39% quarter-over-quarter.
  • 16 funds opened new OFG Bancorp positions in Q1 2023 and 28 closed out, a net change of -12 holders.
  • The largest OFG Bancorp buyer in Q1 2023 was Charles Schwab, an estimated $19.7M added.
  • The largest OFG Bancorp seller in Q1 2023 was Millennium Management, an estimated $10.4M sold.

Based on aggregated 13F filings for Q1 2023.