OFG Bancorp
181 hedge funds and large institutions have $1.13B invested in OFG Bancorp in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 71 reducing their positions, and 31 closing their positions.
193% more call options, than puts
Call options by funds: $313K | Put options by funds: $107K
3% more capital invested
Capital invested by funds: $1.1B → $1.13B (+$30M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.81% less ownership
Funds ownership: 92.65% → 90.85% (-1.8%)
5% less funds holding
Funds holding: 191 → 181 (-10)
15% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 71
32% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.72M |
| 2 |
Goldman Sachs
New York
|
+$2.76M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.69M |
| 4 |
JP Morgan Chase
New York
|
+$2.53M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Stilwell Value
New York
|
-$19M |
| 2 |
Millennium Management
New York
|
-$11.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.27M |
| 4 |
BlackRock
New York
|
-$3.51M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$3.46M |
OFG Hedge Fund Activity: Q2 2023 in Review
181 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q2 2023, worth a combined $1.13B — up 2.7% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of OFG and 21 opened new positions — a net loss of 10 holders — while 71 trimmed existing stakes and 60 added.
The largest buyer was Morgan Stanley, adding an estimated $3.72M. The largest seller was Stilwell Value, cutting an estimated $19M.
- 181 institutional investors held OFG Bancorp (OFG) as of Q2 2023, down from 191 in Q1 2023.
- Funds reported $1.13B of OFG Bancorp stock for Q2 2023, up 2.7% quarter-over-quarter.
- 21 funds opened new OFG Bancorp positions in Q2 2023 and 31 closed out, a net change of -10 holders.
- The largest OFG Bancorp buyer in Q2 2023 was Morgan Stanley, an estimated $3.72M added.
- The largest OFG Bancorp seller in Q2 2023 was Stilwell Value, an estimated $19M sold.
Based on aggregated 13F filings for Q2 2023.