Hope Bancorp
HOPE
152 hedge funds and large institutions have $1.1B invested in Hope Bancorp in 2013 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 61 reducing their positions, and 17 closing their positions.
19% more capital invested
Capital invested by funds: $925M → $1.1B (+$179M)
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
1% more funds holding
Funds holding: 150 → 152 (+2)
23% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 61
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$10.8M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$8.36M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.54M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$4.53M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$3.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$14.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.28M |
| 3 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$5.81M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$5.7M |
| 5 |
HHC
Hutchin Hill Capital
New York
|
-$3.44M |
HOPE Hedge Fund Activity: Q4 2013 in Review
152 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Hope Bancorp (HOPE) for Q4 2013, worth a combined $1.1B — up 19% from $925M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HOPE positions and 17 closed out — a net gain of 2 holders — while 47 added to existing stakes and 61 trimmed.
The largest buyer was Glenmede Trust, opening a new position worth an estimated $10.8M. The largest seller was Lord, Abbett & Co, cutting an estimated $14.4M.
- 152 institutional investors held Hope Bancorp (HOPE) as of Q4 2013, up from 150 in Q3 2013.
- Funds reported $1.1B of Hope Bancorp stock for Q4 2013, up 19% quarter-over-quarter.
- 19 funds opened new Hope Bancorp positions in Q4 2013 and 17 closed out, a net change of +2 holders.
- The largest Hope Bancorp buyer in Q4 2013 was Glenmede Trust, an estimated $10.8M added.
- The largest Hope Bancorp seller in Q4 2013 was Lord, Abbett & Co, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2013.