Vault-13

HOPE BANCORP INC HOPE 2 05.15.38

NOTE 2.000% 5/1 · US DOMESTIC · CUSIP 43940TAB5

35 institutional holders -3 vs Q4 2022
17,564,03517.6m 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

02040Q3 22: 39Q4 22: 38Q1 23: 3535Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202239
Q4 202238
Q1 202335

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 9 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 10 bought or addedQ1 23: 15 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022910
Q1 20231015

Biggest buyers

PIPER SANDLER & CO. Added +9,416,000+9.4m
BLUEFIN CAPITAL MANAGEMENT, LLC New +5,700,000+5.7m
Wellesley Asset Management Added +3,854,990+3.9m
LAZARD ASSET MANAGEMENT LLC Added +2,674,000+2.7m
ROYAL BANK OF CANADA New +550,000+550.0k
JPMORGAN CHASE & CO New +74,000+74.0k
L & S Advisors Inc Added +56,000+56.0k
CORBYN INVESTMENT MANAGEMENT INC/MD Added +29,000+29.0k
UBS Group AG New +25,000+25.0k
Greenspring Advisors, LLC New +11,000+11.0k

Biggest sellers

OAKTREE CAPITAL MANAGEMENT LP Reduced -9,652,000-9.7m
ZAZOVE ASSOCIATES LLC Sold out -7,061,000-7.1m
Ameritas Investment Partners, Inc. Sold out -7,031,000-7.0m
Calamos Advisors LLC Sold out -5,000,000-5.0m
Thrivent Financial for Lutherans Sold out -2,300,000-2.3m
Russell Investments Group, Ltd. Reduced -1,737,000-1.7m
SSI INVESTMENT MANAGEMENT LLC Reduced -1,675,000-1.7m
AGF MANAGEMENT LTD Sold out -1,450,000-1.4m
AQR Arbitrage LLC Sold out -1,075,000-1.1m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Reduced -1,000,000-1.0m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 40,716,00040.7m $39.6m $39.6m 0.05% Added +2.7m +2,674,000
2 Asset Allocation & Management Company, LLC 8.34% of their portfolio CHICAGO, IL 21,510,00021.5m $20.8m $20.8m 8.34% Reduced -215.0k -215,000
3 PIPER SANDLER & CO. 11.71% of their portfolio MINNEAPOLIS, MN 17,335,00017.3m $16.8m $16.8m 11.71% Added +9.4m +9,416,000
4 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 16,410,00016.4m $15.9m $15.9m 0.03% Unchanged
5 INCOME RESEARCH & MANAGEMENT 8.16% of their portfolio Boston, MA 16,332,00016.3m $15.8m $15.8m 8.16% Unchanged
6 OAKTREE CAPITAL MANAGEMENT LP 0.11% of their portfolio LOS ANGELES, CA 10,368,00010.4m $10.1m $10.1m 0.11% Reduced -9.7m -9,652,000
7 BLUEFIN CAPITAL MANAGEMENT, LLC 0.78% of their portfolio NEW YORK, NY 5,700,0005.7m $5.5m $5.5m 0.78% New
8 CORBYN INVESTMENT MANAGEMENT INC/MD 1.98% of their portfolio Lutherville, MD 5,104,0005.1m $4.9m $4.9m 1.98% Added +29.0k +29,000
9 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.66% of their portfolio Miamisburg, OH 4,720,0004.7m $4.6m $4.6m 0.66% Unchanged
10 CONNING INC. 0.14% of their portfolio HARTFORD, CT 4,450,0004.5m $4.3m $4.3m 0.14% Unchanged
11 Wellesley Asset Management 0.28% of their portfolio PORTSMOUTH, NH 3,859,0003.9m $3.7m $3.7m 0.28% Added +3.9m +3,854,990
12 Cox Capital Mgt LLC 2.06% of their portfolio ANDOVER, MA 2,949,0002.9m $2.9m $2.9m 2.06% Unchanged
13 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 2,342,0002.3m $2.3m $2.3m 0.00% Reduced -1.7m -1,737,000
14 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.00% of their portfolio BLOOMINGTON, IL 1,000,0001.0m $971.6k $971.6k 0.00% Unchanged
15 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 662,000662.0k $642.1k $642.1k 0.02% Reduced -500.0k -500,000
16 SSI INVESTMENT MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 580,000580.0k $561.1k $561.1k 0.04% Reduced -1.7m -1,675,000
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 550,000550.0k $449.0k $449.0k 0.00% New
18 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 500,000500.0k $482.5k $482.5k 0.00% Reduced -1.0m -1,000,000
19 L & S Advisors Inc 0.06% of their portfolio Los Angeles, CA 466,000466.0k $449.7k $449.7k 0.06% Added +56.0k +56,000
20 Cutler Capital Management, LLC 0.13% of their portfolio WORCESTER, MA 294,000294.0k $284.4k $284.4k 0.13% Unchanged
21 WMS Partners, LLC 0.01% of their portfolio TOWSON, MD 112,000112.0k $108.9k $108.9k 0.01% Unchanged
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $96.8k $96.8k 0.00% Unchanged
23 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 96,75096.8k $96.8k $96.8k 0.00% Reduced -950 -950
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 74,00074.0k $72.0k $72.0k 0.00% New
25 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 40,00040.0k $38.7k $38.7k 0.00% Unchanged
26 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 35,00035.0k $33.9k $33.9k 0.00% Unchanged
27 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 34,00034.0k $32.9k $32.9k 0.00% Unchanged
28 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 30,00030.0k $29.0k $29.0k 0.01% Unchanged
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 25,00025.0k $24.2k $24.2k 0.00% New
30 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 23,00023.0k $22.3k $22.3k 0.00% Unchanged
31 Greenspring Advisors, LLC 0.00% of their portfolio Towson, MD 11,00011.0k $10.6k $10.6k 0.00% New
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,0009.0k $8.7k $8.7k 0.00% Unchanged
33 Rehmann Capital Advisory Group 0.00% of their portfolio LANSING, MI 3535 $33.9k $33.9k 0.00% Unchanged
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 77 $6.8k $6.8k 0.00% Unchanged
35 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged