Hope Bancorp
HOPE
185 hedge funds and large institutions have $2.04B invested in Hope Bancorp in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 79 increasing their positions, 66 reducing their positions, and 22 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 66
0.4% more ownership
Funds ownership: 80.27% → 80.67% (+0.4%)
2% less capital invested
Capital invested by funds: $2.08B → $2.04B (-$45M)
5% less funds holding
Funds holding: 194 → 185 (-9)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$53.8M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$27M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$18.6M |
| 4 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$10.2M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.3M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$24.4M |
| 3 |
Millennium Management
New York
|
-$15.1M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$11.5M |
| 5 |
JP Morgan Chase
New York
|
-$7.87M |
HOPE Hedge Fund Activity: Q2 2017 in Review
185 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Hope Bancorp (HOPE) for Q2 2017, worth a combined $2.04B — down 2.2% from $2.08B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of HOPE and 14 opened new positions — a net loss of 8 holders — while 66 trimmed existing stakes and 79 added.
The largest buyer was Principal Financial Group, adding an estimated $53.8M. The largest seller was Fidelity Investments, cutting an estimated $37.3M.
- 185 institutional investors held Hope Bancorp (HOPE) as of Q2 2017, down from 194 in Q1 2017.
- Funds reported $2.04B of Hope Bancorp stock for Q2 2017, down 2.2% quarter-over-quarter.
- 14 funds opened new Hope Bancorp positions in Q2 2017 and 22 closed out, a net change of -8 holders.
- The largest Hope Bancorp buyer in Q2 2017 was Principal Financial Group, an estimated $53.8M added.
- The largest Hope Bancorp seller in Q2 2017 was Fidelity Investments, an estimated $37.3M sold.
Based on aggregated 13F filings for Q2 2017.