HOPE BANCORP INC HOPE 2 05.15.38
NOTE 2.000% 5/1 · US DOMESTIC · CUSIP 43940TAB5
35
institutional holders
-3 vs Q4 2022
17.6m
shares reported held*
$151.6mreported value*
5 new
5 added
7 reduced
8 sold out
net sold ≈ $16.3m (-9.6m shares)
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $8.63.
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 39 |
| Q4 2022 | 38 |
| Q1 2023 | 35 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 9 | 10 |
| Q1 2023 | 10 | 15 |
Biggest buyers
| PIPER SANDLER & CO. | Added | +9.4m |
| BLUEFIN CAPITAL MANAGEMENT, LLC | New | +5.7m |
| Wellesley Asset Management | Added | +3.9m |
| LAZARD ASSET MANAGEMENT LLC | Added | +2.7m |
| ROYAL BANK OF CANADA | New | +550.0k |
| JPMORGAN CHASE & CO | New | +74.0k |
| L & S Advisors Inc | Added | +56.0k |
| CORBYN INVESTMENT MANAGEMENT INC/MD | Added | +29.0k |
| UBS Group AG | New | +25.0k |
| Greenspring Advisors, LLC | New | +11.0k |
Biggest sellers
| OAKTREE CAPITAL MANAGEMENT LP | Reduced | -9.7m |
| ZAZOVE ASSOCIATES LLC | Sold out | -7.1m |
| Ameritas Investment Partners, Inc. | Sold out | -7.0m |
| Calamos Advisors LLC | Sold out | -5.0m |
| Thrivent Financial for Lutherans | Sold out | -2.3m |
| Russell Investments Group, Ltd. | Reduced | -1.7m |
| SSI INVESTMENT MANAGEMENT LLC | Reduced | -1.7m |
| AGF MANAGEMENT LTD | Sold out | -1.4m |
| AQR Arbitrage LLC | Sold out | -1.1m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -1.0m |
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 40.7m $39.6m | Added +2.7m |
| Asset Allocation & Management Company, LLC 8.34% of their portfolio | 21.5m $20.8m | Reduced -215.0k |
| PIPER SANDLER & CO. 11.71% of their portfolio | 17.3m $16.8m | Added +9.4m |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 16.4m $15.9m | Unchanged |
| INCOME RESEARCH & MANAGEMENT 8.16% of their portfolio | 16.3m $15.8m | Unchanged |
| OAKTREE CAPITAL MANAGEMENT LP 0.11% of their portfolio | 10.4m $10.1m | Reduced -9.7m |
| BLUEFIN CAPITAL MANAGEMENT, LLC 0.78% of their portfolio | 5.7m $5.5m | New |
| CORBYN INVESTMENT MANAGEMENT INC/MD 1.98% of their portfolio | 5.1m $4.9m | Added +29.0k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.66% of their portfolio | 4.7m $4.6m | Unchanged |
| CONNING INC. 0.14% of their portfolio | 4.5m $4.3m | Unchanged |
| Wellesley Asset Management 0.28% of their portfolio | 3.9m $3.7m | Added +3.9m |
| Cox Capital Mgt LLC 2.06% of their portfolio | 2.9m $2.9m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 2.3m $2.3m | Reduced -1.7m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.00% of their portfolio | 1.0m $971.6k | Unchanged |
| PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio | 662.0k $642.1k | Reduced -500.0k |
| SSI INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 580.0k $561.1k | Reduced -1.7m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 550.0k $449.0k | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 500.0k $482.5k | Reduced -1.0m |
| L & S Advisors Inc 0.06% of their portfolio | 466.0k $449.7k | Added +56.0k |
| Cutler Capital Management, LLC 0.13% of their portfolio | 294.0k $284.4k | Unchanged |
| WMS Partners, LLC 0.01% of their portfolio | 112.0k $108.9k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 100.0k $96.8k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 96.8k $96.8k | Reduced -950 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 74.0k $72.0k | New |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 40.0k $38.7k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 35.0k $33.9k | Unchanged |
| Cetera Advisors LLC 0.00% of their portfolio | 34.0k $32.9k | Unchanged |
| Balboa Wealth Partners 0.01% of their portfolio | 30.0k $29.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 25.0k $24.2k | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 23.0k $22.3k | Unchanged |
| Greenspring Advisors, LLC 0.00% of their portfolio | 11.0k $10.6k | New |
| MORGAN STANLEY 0.00% of their portfolio | 9.0k $8.7k | Unchanged |
| Rehmann Capital Advisory Group 0.00% of their portfolio | 35 $33.9k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 7 $6.8k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |