OFG Bancorp
216 hedge funds and large institutions have $1.6B invested in OFG Bancorp in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 76 increasing their positions, 70 reducing their positions, and 20 closing their positions.
17,200% more call options, than puts
Call options by funds: $692K | Put options by funds: $4K
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
3% more funds holding
Funds holding: 209 → 216 (+7)
9% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 70
0.07% more ownership
Funds ownership: 92.49% → 92.56% (+0.07%)
2% less capital invested
Capital invested by funds: $1.63B → $1.6B (-$27.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$16.2M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$13.1M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$7.94M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$7.92M |
| 5 |
Morgan Stanley
New York
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$23.2M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$15.7M |
| 3 |
JP Morgan Chase
New York
|
-$13.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.4M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.51M |
OFG Hedge Fund Activity: Q1 2024 in Review
216 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in OFG Bancorp (OFG) for Q1 2024, worth a combined $1.6B — down 1.7% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new OFG positions and 20 closed out — a net gain of 9 holders — while 76 added to existing stakes and 70 trimmed.
The largest buyer was Millennium Management, adding an estimated $16.2M. The largest seller was First Trust Advisors, cutting an estimated $23.2M.
- 216 institutional investors held OFG Bancorp (OFG) as of Q1 2024, up from 209 in Q4 2023.
- Funds reported $1.6B of OFG Bancorp stock for Q1 2024, down 1.7% quarter-over-quarter.
- 29 funds opened new OFG Bancorp positions in Q1 2024 and 20 closed out, a net change of +9 holders.
- The largest OFG Bancorp buyer in Q1 2024 was Millennium Management, an estimated $16.2M added.
- The largest OFG Bancorp seller in Q1 2024 was First Trust Advisors, an estimated $23.2M sold.
Based on aggregated 13F filings for Q1 2024.