OFG Bancorp
207 hedge funds and large institutions have $1.3B invested in OFG Bancorp in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 59 increasing their positions, 80 reducing their positions, and 9 closing their positions.
12,200% more call options, than puts
Call options by funds: $615K | Put options by funds: $5K
322% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 9
16% more capital invested
Capital invested by funds: $1.13B → $1.3B (+$178M)
15% more funds holding
Funds holding: 180 → 207 (+27)
1.89% more ownership
Funds ownership: 90.82% → 92.71% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
26% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$18M |
| 2 |
Millennium Management
New York
|
+$5.05M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$4.3M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$3.87M |
| 5 |
RA
Raffles Associates
New York
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.16M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$7.19M |
| 3 |
BlackRock
New York
|
-$3.28M |
| 4 |
Morgan Stanley
New York
|
-$2.98M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.79M |
OFG Hedge Fund Activity: Q3 2023 in Review
207 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q3 2023, worth a combined $1.3B — up 16% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new OFG positions and 9 closed out — a net gain of 29 holders — while 59 added to existing stakes and 80 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $18M. The largest seller was Wellington Management Group, cutting an estimated $8.16M.
- 207 institutional investors held OFG Bancorp (OFG) as of Q3 2023, up from 180 in Q2 2023.
- Funds reported $1.3B of OFG Bancorp stock for Q3 2023, up 16% quarter-over-quarter.
- 38 funds opened new OFG Bancorp positions in Q3 2023 and 9 closed out, a net change of +29 holders.
- The largest OFG Bancorp buyer in Q3 2023 was Janus Henderson Group, an estimated $18M added.
- The largest OFG Bancorp seller in Q3 2023 was Wellington Management Group, an estimated $8.16M sold.
Based on aggregated 13F filings for Q3 2023.