Hope Bancorp
HOPE
150 hedge funds and large institutions have $925M invested in Hope Bancorp in 2013 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 46 reducing their positions, and 7 closing their positions.
243% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 7
26% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 46
12% more funds holding
Funds holding: 134 → 150 (+16)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $974M → $925M (-$48.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$8.49M |
| 2 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$7.56M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.31M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$5.58M |
| 5 |
Morgan Stanley
New York
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$31.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.6M |
| 3 |
Pzena Investment Management
New York
|
-$4.61M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.57M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$4.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
151
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$31.3M | -2,201,614 | Closed |
|
|
QBFM
152
QS Batterymarch Financial Management
New York
| – | -$3.63M | -255,600 | Closed |
|
|
BTCOSD
153
Bankers Trust Company of South Dakota
Des Moines,
Iowa
| – | -$2.42M | -169,899 | Closed |
|
|
USAA
154
United Services Automobile Association
San Antonio,
Texas
| – | -$1.42M | -99,620 | Closed |
|
|
DCM
155
Driehaus Capital Management
Chicago,
Illinois
| – | -$1.32M | -93,018 | Closed |
|
|
PCM
156
Palouse Capital Management
Spokane,
Washington
| – | -$470K | -33,025 | Closed |
|
|
WAM
157
World Asset Management
Detroit,
Michigan
| – | -$145K | -10,185 | Closed |
|
HOPE Hedge Fund Activity: Q3 2013 in Review
150 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Hope Bancorp (HOPE) for Q3 2013, worth a combined $925M — down 5% from $974M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new HOPE positions and 7 closed out — a net gain of 17 holders — while 58 added to existing stakes and 46 trimmed.
The largest buyer was State Street, adding an estimated $8.49M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, exiting entirely with an estimated $31.3M sold.
- 150 institutional investors held Hope Bancorp (HOPE) as of Q3 2013, up from 134 in Q2 2013.
- Funds reported $925M of Hope Bancorp stock for Q3 2013, down 5% quarter-over-quarter.
- 24 funds opened new Hope Bancorp positions in Q3 2013 and 7 closed out, a net change of +17 holders.
- The largest Hope Bancorp buyer in Q3 2013 was State Street, an estimated $8.49M added.
- The largest Hope Bancorp seller in Q3 2013 was Barrow, Hanley, Mewhinney & Strauss, an estimated $31.3M sold.
Based on aggregated 13F filings for Q3 2013.