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 ($24.7m this quarter). Holder counts are more reliable. Shares outstanding: 44.0m as of 2025-10-31, 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 ≈ $43.51. Options: 2 managers hold calls ($334.9k notional), 0 hold puts (—).
Trends to Q3 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 |
| Q2 2025 | 248 |
| Q3 2025 | 243 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 72 | 115 |
| Q1 2024 | 102 | 90 |
| Q2 2024 | 106 | 90 |
| Q3 2024 | 119 | 96 |
| Q4 2024 | 96 | 131 |
| Q1 2025 | 105 | 110 |
| Q2 2025 | 109 | 131 |
| Q3 2025 | 110 | 111 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $181.0k | $16.7k | 0.09 |
| Q1 2025 | $160.1k | $28.0k | 0.17 |
| Q2 2025 | $273.9k | $0 | 0.00 |
| Q3 2025 | $334.9k | $0 | 0.00 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +636.7k |
| FIRST TRUST ADVISORS LP | Added | +113.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +108.6k |
| Thrivent Financial for Lutherans | New | +98.2k |
| TWO SIGMA ADVISERS, LP | Added | +87.4k |
| ALGERT GLOBAL LLC | Added | +71.1k |
| TWO SIGMA INVESTMENTS, LP | Added | +58.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +57.6k |
| LSV ASSET MANAGEMENT | Added | +56.4k |
| CenterBook Partners LP | Added | +45.3k |
Biggest sellers
| DIMENSIONAL FUND ADVISORS LP | Reduced | -166.8k |
| STATE STREET CORP | Reduced | -164.4k |
| Cubist Systematic Strategies, LLC | Reduced | -134.5k |
| INTECH INVESTMENT MANAGEMENT LLC | Reduced | -123.3k |
| VANGUARD GROUP INC | Reduced | -88.9k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | Reduced | -86.2k |
| WINTON GROUP Ltd | Sold out | -85.3k |
| AXA S.A. | Sold out | -84.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -67.5k |
| Qube Research & Technologies Ltd | Reduced | -65.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $321.8k7.4k shares |
| GROUP ONE TRADING LLC | Added | $13.0k300 shares |
Biggest puts
| None |
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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 1 | $418.7k | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 6.4m $277.8m | Reduced -44.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.6m $242.2m | Reduced -88.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.6m $112.4m | Reduced -166.8k |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $105.1m | Reduced -164.4k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.9m $81.6m | Added +113.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $73.7m | Added +7.5k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.5m $63.4m | Added +108.6k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.20% of their portfolio | 1.5m $63.2m | Reduced -86.2k |
| LSV ASSET MANAGEMENT 0.13% of their portfolio | 1.4m $58.7m | Added +56.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $52.9m | Added +636.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $48.1m | Reduced -4.9k |
| Nuveen, LLC 0.01% of their portfolio | 1.0m $44.1m | Reduced -53.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 796.9k $34.7m | Added +57.6k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 761.0k $33.1m | Reduced -7.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 586.2k $25.5m | Reduced -9.9k |
| MORGAN STANLEY 0.00% of their portfolio | 529.8k $23.0m | Added +16.4k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 489.0k $21.3m | Reduced -65.2k |
| Empowered Funds, LLC 0.20% of their portfolio | 451.9k $19.7m | Added +30.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 422.2k $18.4m | Reduced -8.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 419.8k $18.3m | Reduced -47.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 376.3k $16.4m | Added +7.7k |
| ALGERT GLOBAL LLC 0.22% of their portfolio | 300.3k $13.1m | Added +71.1k |
| PANAGORA ASSET MANAGEMENT INC 0.05% of their portfolio | 288.8k $12.6m | Added +904 |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 273.7k $11.9m | Added +58.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.24% of their portfolio | 260.5k $11.3m | Added +29.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 250.5k $10.9m | Added +10.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 248.4k $10.8m | Reduced -30.7k |
| BURNEY CO/ 0.34% of their portfolio | 248.3k $10.8m | Added +9.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 240.8k $10.5m | Reduced -3.3k |
| Invesco Ltd. 0.00% of their portfolio | 236.0k $10.3m | Reduced -39.1k |
| Gator Capital Management, LLC 2.60% of their portfolio | 233.2k $10.1m | Added +30.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 225.4k $9.8m | Reduced -67.5k |
| CSM Advisors, LLC 0.26% of their portfolio | 211.6k $9.2m | Added +19.2k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 204.7k $8.9m | Added +87.4k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 203.0k $8.8m | Added +19.3k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 192.1k $8.4m | Added +14.2k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 180.9k $7.9m | Added +34.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 170.6k $7.4m | Reduced -35.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 169.0k $7.3m | Added +23.0k |
| X-Square Capital, LLC 2.20% of their portfolio | 162.0k $7.0m | Reduced -4.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 156.8k $6.8m | Added +24.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 142.2k $6.2m | Added +2.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 138.0k $6.0m | Added +3.0k |
| UBS Group AG 0.00% of their portfolio | 133.4k $5.8m | Reduced -12.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 129.4k $5.6m | Added +11.9k |
| Vest Financial, LLC 0.07% of their portfolio | 121.1k $5.3m | Added +23.3k |
| RAFFLES ASSOCIATES LP 4.86% of their portfolio | 120.1k $5.2m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 114.1k $5.0m | Reduced -9.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 112.2k $4.9m | Added +2.0k |
| Polaris Capital Management, LLC 0.32% of their portfolio | 112.1k $4.9m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 107.9k $4.7m | Added +7.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 103.2k $4.5m | Reduced -9.3k |
| Trexquant Investment LP 0.05% of their portfolio | 102.5k $4.5m | Added +22.6k |
| Brandywine Global Investment Management, LLC 0.03% of their portfolio | 102.1k $4.4m | Reduced -3.8k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 98.2k $4.3m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 96.2k $4.2m | Reduced -45.6k |
| MARTINGALE ASSET MANAGEMENT L P 0.10% of their portfolio | 88.8k $3.9m | Added +40 |
| Swiss National Bank 0.00% of their portfolio | 86.8k $3.8m | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 85.0k $3.7m | Reduced -2.8k |
| AXA Investment Managers S.A. 0.01% of their portfolio | 84.1k $3.7m | First filing |
| JACOBS ASSET MANAGEMENT, LLC 2.00% of their portfolio | 83.9k $3.6m | Reduced -18.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 80.3k $3.5m | Reduced -7.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 77.5k $3.4m | Reduced -4.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 76.8k $3.3m | Reduced -32.6k |
| Cubist Systematic Strategies, LLC 0.05% of their portfolio | 73.7k $3.2m | Reduced -134.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 70.8k $3.1m | Reduced -123.3k |
| BARCLAYS PLC 0.00% of their portfolio | 67.0k $2.9m | Reduced -38.2k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 63.6k $2.8m | Reduced -225 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 63.5k $2.8m | Unchanged |
| CenterBook Partners LP 0.13% of their portfolio | 60.7k $2.6m | Added +45.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 60.0k $2.6m | Reduced -8.5k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 59.1k $2.6m | Added +760 |
| HRT FINANCIAL LP 0.01% of their portfolio | 57.8k $2.5m | Added +44.3k |
| Elizabeth Park Capital Advisors, Ltd. 1.98% of their portfolio | 56.2k $2.4m | Added +6.5k |
| Knights of Columbus Asset Advisors LLC 0.13% of their portfolio | 53.9k $2.3m | Added +1.8k |
| Verition Fund Management LLC 0.01% of their portfolio | 52.4k $2.3m | Added +27.2k |
| CITIGROUP INC 0.00% of their portfolio | 51.3k $2.2m | Reduced -30.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 50.6k $2.2m | Added +600 |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 50.3k $2.2m | Unchanged |
| De Lisle Partners LLP 0.27% of their portfolio | 50.0k $2.2m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 49.7k $2.2m | Reduced -516 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 48.5k $2.1m | Reduced -7.0k |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 44.7k $1.9m | Reduced -6.3k |
| Range Financial Group LLC 0.70% of their portfolio | 44.6k $1.9m | Reduced -1.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 44.1k $1.9m | Added +15.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 43.0k $1.9m | Added +2 |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 42.9k $1.9m | New |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 41.5k $1.8m | Added +651 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 40.9k $1.8m | Added +5.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 40.5k $1.8m | Reduced -9.6k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 37.9k $1.7m | Added +8.8k |
| New Age Alpha Advisors, LLC 0.07% of their portfolio | 36.3k $1.6m | Reduced -1.1k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 33.2k $1.4m | Unchanged |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 33.0k $1.4m | Added +500 |
| Unison Advisors LLC 0.12% of their portfolio | 30.4k $1.3m | Added +201 |
| GSA CAPITAL PARTNERS LLP 0.11% of their portfolio | 29.5k $1.3m | Added +2.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 29.2k $1.3m | Added +24 |
| Mitsubishi UFJ Asset Management (UK) Ltd. 0.61% of their portfolio | 29.0k $1.3m | Unchanged |
| NorthCrest Asset Manangement, LLC 0.03% of their portfolio | 28.9k $1.2m | Added +9.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 28.0k $1.2m | Reduced -60.7k |