Ogilvy ended up at 22-under 270, a shot ahead of Rory Sabbatini, who fired a final-round 63 on the Plantation Course at Kapalua.
The 32-year-old Ogilvy, from Australia, has won seven times on the tour.
Lucas Glover, the leader after each of the first three rounds, slipped to a 3-over 76 and ended up in a tie for 14th place.
The tournament is for players who won events in the previous season.
"Now I get to come back," Ogilvy said.
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