SecurityBBCN / BBCN Bancorp Inc.
InstitutionFoundry Partners, LLC
Shares25,710
Value $ 458,000
Related HOPE / Hope Bancorp, Inc.

Foundry Partners, LLC reports 15.76% increase in ownership of BBCN / BBCN Bancorp Inc.

July 19, 2018 - Foundry Partners, LLC has filed a 13F-HR form disclosing ownership of 25,710 shares of BBCN Bancorp Inc. (NASDAQ:BBCN) with total holdings valued at $458,000 USD as of June 30, 2018. Foundry Partners, LLC had filed a previous 13F-HR on May 16, 2018 disclosing 22,210 shares of BBCN Bancorp Inc. at a value of $404,000 USD. This represents a change in shares of 15.76 percent and a change in value of 13.37 percent during the quarter.

Other investors with positions similar to Foundry Partners, LLC include Mason Street Advisors, Llc, Entrustpermal Partners Offshore Lp, Boston Private Wealth Llc, Zebra Capital Management LLC, Flinton Capital Management LLC, and Citigroup Inc.

BBCN Bancorp Inc. has declared a standard industrial code (sic) of 6021 which is the "National Commercial Banks" industry. Foundry Partners, LLC's top industries are "Agricultural Services" (sic 07), "Railroad Transportation" (sic 40), and "Amusement And Recreation Services" (sic 79).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR HOPE BANCORP Stock 43940T109 18.00 25,710 15.76 458 13.37 63 -9 -2.23
2018-03-31 13F-HR HOPE BANCORP COM 43940T109 18.21 22,210 0.00 404 -0.25 0 -1 -0.25
2017-12-31 13F-HR HOPE BANCORP COM 43940T109 17.98 22,210 -0.63 405 2.27 -3 12 2.91
2017-09-30 13F-HR HOPE BANCORP COM 43940T109 18.19 22,350 -25.69 396 -29.41 -140 -25 -4.37
2017-06-30 13F-HR HOPE BANCORP COM 43940T109 18.90 30,075 34.56 561 31.07 146 -13 -3.04
2017-03-31 13F-HR HOPE BANCORP COM 43940T109 20.52 22,350 -3.35 428 -15.42 -16 -62 -12.27
2016-12-31 13F-HR HOPE BANCORP COM 43940T109 19.63 23,125 -3.44 506 21.63 -16 106 25.53
2016-09-30 13F-HR HOPE BANCORP COM 43940T109 23,950 416


CUSIP: 43940T109