SecurityBBCN / BBCN Bancorp Inc.
InstitutionHotchkis & Wiley Capital Management Llc
Shares190,419
Value $ 3,395,000
Related HOPE / Hope Bancorp, Inc.

Hotchkis & Wiley Capital Management Llc reports 104.41% increase in ownership of BBCN / BBCN Bancorp Inc.

August 13, 2018 - Hotchkis & Wiley Capital Management Llc has filed a 13F-HR form disclosing ownership of 190,419 shares of BBCN Bancorp Inc. (NASDAQ:BBCN) with total holdings valued at $3,395,000 USD as of June 30, 2018. Hotchkis & Wiley Capital Management Llc had filed a previous 13F-HR on May 15, 2018 disclosing 93,157 shares of BBCN Bancorp Inc. at a value of $1,695,000 USD. This represents a change in shares of 104.41 percent and a change in value of 100.29 percent during the quarter.

Other investors with positions similar to Hotchkis & Wiley Capital Management Llc include California State Teachers Retirement System, Arizona State Retirement System, PineBridge Investments, L.P., Thrivent Financial For Lutherans, Boston Partners, and American International Group Inc.

BBCN Bancorp Inc. has declared a standard industrial code (sic) of 6021 which is the "National Commercial Banks" industry. Hotchkis & Wiley Capital Management Llc's top industries are "Stone, Clay, Glass, And Concrete Products" (sic 32), "Amusement And Recreation Services" (sic 79), and "Engineering, Accounting, Research, Management, And Related Services" (sic 87).

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 COM 43940T109 18.01 190,419 104.41 3,395 100.29 1,752 -52 -3.06
2018-03-31 13F-HR HOPE BANCORP COM 43940T109 18.22 93,157 0.00 1,695 -0.29 0 -5 -0.29
2017-12-31 13F-HR HOPE BANCORP COM 43940T109 17.99 93,157 783.59 1,700 809.09 1,486 27 14.19
2017-09-30 13F-HR HOPE BANCORP COM 43940T109 10,543 187


CUSIP: 43940T109