OFG BANCORP OFG
COM · Common Stock · CUSIP 67103X102 · ISIN PR67103X1020
Financial holding company located in San Juan, Puerto Rico
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersSan Juan, PR
- Founded1964
- Websiteofgbancorp.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($10.4m this quarter). Holder counts are more reliable. Shares outstanding: 44.9m as of 2025-04-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $40.04. Options: 2 managers hold calls ($160.1k notional), 2 hold puts ($28.0k).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 193 |
| Q4 2022 | 205 |
| Q1 2023 | 192 |
| Q2 2023 | 182 |
| Q3 2023 | 208 |
| Q4 2023 | 210 |
| Q1 2024 | 217 |
| Q2 2024 | 226 |
| Q3 2024 | 254 |
| Q4 2024 | 240 |
| Q1 2025 | 237 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 78 | 103 |
| Q3 2023 | 96 | 90 |
| Q4 2023 | 72 | 115 |
| Q1 2024 | 102 | 90 |
| Q2 2024 | 106 | 90 |
| Q3 2024 | 119 | 96 |
| Q4 2024 | 96 | 131 |
| Q1 2025 | 105 | 110 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $1.1m | $3.7k | 0.00 |
| Q3 2024 | $71.9k | $4.5k | 0.06 |
| Q4 2024 | $181.0k | $16.7k | 0.09 |
| Q1 2025 | $160.1k | $28.0k | 0.17 |
Biggest buyers
| FIRST TRUST ADVISORS LP | Added | +1.7m |
| MILLENNIUM MANAGEMENT LLC | Added | +225.5k |
| Qube Research & Technologies Ltd | Added | +196.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +140.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +102.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +100.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +81.7k |
| Vest Financial, LLC | New | +77.3k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +72.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +62.5k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -487.9k |
| JPMORGAN CHASE & CO | Reduced | -299.9k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -256.1k |
| Invesco Ltd. | Reduced | -248.2k |
| Stieven Capital Advisors, L.P. | Sold out | -192.6k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -168.6k |
| KENNEDY CAPITAL MANAGEMENT LLC | Reduced | -162.7k |
| FMR LLC | Reduced | -146.4k |
| Thrivent Financial for Lutherans | Sold out | -137.1k |
| MORGAN STANLEY | Reduced | -109.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $160.1k4.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $28.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 7.4% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2025-04-15 | 6.5% |
| STATE STREET CORP 13G · institution new · filed 2025-02-06 | 6.2% |
| FIRST TRUST PORTFOLIOS LP 13G · institution new · filed 2026-04-27 | 5.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 1 | $562.0k | — |
| Q3 2023 | 0 | — | 4 | $5.1m | — |
| Q4 2023 | 0 | — | 5 | $2.4m | — |
| Q1 2024 | 0 | — | 2 | $3.6m | — |
| Q2 2024 | 0 | — | 1 | $1.3m | — |
| Q3 2024 | 0 | — | 1 | $2.0m | — |
| Q4 2024 | 0 | — | 2 | $5.0m | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 6.7m $266.6m | Reduced -14.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.7m $229.8m | Reduced -48.3k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.9m $117.8m | Reduced -256.1k |
| STATE STREET CORP 0.00% of their portfolio | 2.8m $112.4m | Reduced -42.0k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.7m $70.0m | Added +1.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $67.6m | Added +36.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.22% of their portfolio | 1.5m $61.8m | Added +14.3k |
| LSV ASSET MANAGEMENT 0.13% of their portfolio | 1.3m $52.9m | Reduced -49.9k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.3m $50.8m | Added +102.8k |
| Nuveen, LLC 0.01% of their portfolio | 1.1m $44.7m | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $44.2m | Added +32.8k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 644.5k $25.9m | Added +9.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 629.8k $25.2m | Reduced -21.0k |
| MORGAN STANLEY 0.00% of their portfolio | 624.7k $25.0m | Reduced -109.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 594.1k $23.8m | Reduced -299.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 534.0k $21.4m | Added +225.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio | 491.9k $19.7m | Added +45.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 467.0k $18.7m | Reduced -78.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 426.4k $17.1m | Reduced -26.9k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 421.2k $16.9m | Added +196.8k |
| Invesco Ltd. 0.00% of their portfolio | 405.9k $16.2m | Reduced -248.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 375.5k $15.0m | Reduced -3.6k |
| PANAGORA ASSET MANAGEMENT INC 0.06% of their portfolio | 287.6k $11.5m | Reduced -913 |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 278.1k $11.1m | Added +140.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 272.9k $10.9m | Reduced -487.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 259.8k $10.4m | Added +8.1k |
| Foundry Partners, LLC 0.51% of their portfolio | 240.5k $9.6m | Added +3.2k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 238.3k $9.5m | Reduced -20.9k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 223.6k $8.9m | Added +100.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 213.0k $8.5m | Added +27.0k |
| Cubist Systematic Strategies, LLC 0.11% of their portfolio | 209.1k $8.4m | Added +16.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 206.8k $8.3m | Added +21.1k |
| Gator Capital Management, LLC 3.10% of their portfolio | 202.4k $8.1m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 195.8k $7.8m | Reduced -9.2k |
| ALGERT GLOBAL LLC 0.19% of their portfolio | 190.7k $7.6m | Added +17.2k |
| X-Square Capital, LLC 2.88% of their portfolio | 167.1k $6.7m | Added +24.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 164.5k $6.6m | Added +14.8k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 151.0k $6.0m | Added +2.5k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 145.8k $5.8m | Reduced -1.6k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 145.5k $5.8m | Added +31.1k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 144.9k $5.8m | Added +39.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 142.6k $5.7m | Reduced -23.4k |
| Empowered Funds, LLC 0.08% of their portfolio | 135.6k $5.4m | Added +27.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 135.5k $5.4m | Reduced -36.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 132.7k $5.3m | Added +33.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 131.7k $5.3m | Added +81.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 130.2k $5.2m | Added +21.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 130.0k $5.2m | Reduced -6.5k |
| Legal & General Group Plc 0.00% of their portfolio | 124.0k $5.0m | Reduced -4.8k |
| RAFFLES ASSOCIATES LP 5.85% of their portfolio | 120.1k $4.8m | Reduced -10.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 112.5k $4.5m | Added +72.4k |
| Polaris Capital Management, LLC 0.26% of their portfolio | 112.1k $4.5m | Reduced -33.1k |
| Brandywine Global Investment Management, LLC 0.03% of their portfolio | 109.9k $4.4m | Reduced -4.3k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 108.1k $4.3m | Added +40.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 104.5k $4.2m | Added +316 |
| CITIGROUP INC 0.00% of their portfolio | 98.9k $4.0m | Reduced -2.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 91.4k $3.7m | Added +62.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.09% of their portfolio | 89.2k $3.6m | Reduced -907 |
| Swiss National Bank 0.00% of their portfolio | 89.0k $3.6m | Reduced -2.8k |
| UBS Group AG 0.00% of their portfolio | 84.7k $3.4m | Reduced -18.0k |
| BARCLAYS PLC 0.00% of their portfolio | 81.1k $3.2m | Reduced -21.2k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 80.8k $3.2m | Unchanged |
| JACOBS ASSET MANAGEMENT, LLC 2.01% of their portfolio | 79.3k $3.2m | Reduced -20.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 79.0k $3.2m | Reduced -162.7k |
| Vest Financial, LLC 0.05% of their portfolio | 77.3k $3.1m | New |
| Engineers Gate Manager LP 0.05% of their portfolio | 71.9k $2.9m | Reduced -1.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 70.3k $2.8m | Added +53.4k |
| Elizabeth Park Capital Advisors, Ltd. 2.40% of their portfolio | 66.0k $2.6m | Added +16.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 64.7k $2.6m | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 58.3k $2.4m | Unchanged |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 53.1k $2.1m | Reduced -1.8k |
| Knights of Columbus Asset Advisors LLC 0.15% of their portfolio | 53.0k $2.1m | Added +1.4k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 52.8k $2.1m | Reduced -3.8k |
| De Lisle Partners LLP 0.33% of their portfolio | 50.0k $2.0m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 50.0k $2.0m | Reduced -41.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 49.9k $2.0m | Reduced -2.9k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.08% of their portfolio | 45.1k $1.8m | New |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 44.3k $1.8m | Added +16.7k |
| Range Financial Group LLC 0.78% of their portfolio | 44.2k $1.8m | Added +1.8k |
| Thomas J. Herzfeld Advisors, Inc. 0.59% of their portfolio | 43.5k $1.7m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 42.4k $1.7m | Reduced -1.1k |
| DENALI ADVISORS LLC 0.19% of their portfolio | 42.2k $1.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 41.8k $1.7m | Reduced -80.3k |
| New Age Alpha Advisors, LLC 0.07% of their portfolio | 41.0k $1.6m | New |
| Verition Fund Management LLC 0.01% of their portfolio | 40.5k $1.6m | Reduced -1.7k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 37.4k $1.5m | Added +3.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 36.5k $1.5m | Reduced -21.0k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 32.4k $1.3m | First filing |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 32.1k $1.3m | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.11% of their portfolio | 31.0k $1.2m | New |
| Caisse de depot et placement du Quebec 0.00% of their portfolio | 30.9k $1.2m | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 30.6k $1.2m | Added +19.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 30.5k $1.2m | Added +2.5k |
| NorthCrest Asset Manangement, LLC 0.04% of their portfolio | 30.5k $1.2m | Added +137 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 30.1k $1.2m | Added +7.6k |
| Unison Advisors LLC 0.15% of their portfolio | 30.0k $1.2m | Added +167 |
| Squarepoint Ops LLC 0.00% of their portfolio | 30.0k $1.2m | Reduced -16.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 29.8k $1.2m | Reduced -42.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 29.6k $1.2m | Added +13.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 29.2k $1.2m | Added +871 |