SecurityBBCN / BBCN Bancorp Inc.
InstitutionSystematic Financial Management Lp
Shares730,813
Value $ 13,030,000
Related HOPE / Hope Bancorp, Inc.

Systematic Financial Management Lp reports 11.36% increase in ownership of BBCN / BBCN Bancorp Inc.

August 08, 2018 - Systematic Financial Management Lp has filed a 13F-HR form disclosing ownership of 730,813 shares of BBCN Bancorp Inc. (NASDAQ:BBCN) with total holdings valued at $13,030,000 USD as of June 30, 2018. Systematic Financial Management Lp had filed a previous 13F-HR on May 09, 2018 disclosing 656,239 shares of BBCN Bancorp Inc. at a value of $11,937,000 USD. This represents a change in shares of 11.36 percent and a change in value of 9.16 percent during the quarter.

Other investors with positions similar to Systematic Financial Management Lp include Manufacturers Life Insurance Company, The, Schwab Charles Investment Management Inc, Chartwell Investment Partners, Llc, BlackRock Investment Management, LLC, Goldman Sachs Group Inc, and Gamco Investors, Inc. Et Al.

BBCN Bancorp Inc. has declared a standard industrial code (sic) of 6021 which is the "National Commercial Banks" industry. Systematic Financial Management Lp's top industries are "Agricultural Services" (sic 07), "Railroad Transportation" (sic 40), and "Textile Mill Products" (sic 22).

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 18.01 730,813 11.36 13,030 9.16 1,343 -250 -2.09
2018-03-31 13F-HR Hope Bancorp COM 43940T109 18.22 656,239 34.46 11,937 34.02 3,065 -35 -0.39
2017-12-31 13F-HR Hope Bancorp COM 43940T109 17.98 488,042 -1.36 8,907 1.65 -121 266 3.03
2017-09-30 13F-HR Hope Bancorp COM 43940T109 18.18 494,763 24.00 8,762 17.75 1,741 -420 -5.64
2017-06-30 13F-HR Hope Bancorp COM 43940T109 18.91 398,996 -1.16 7,441 -3.84 -88 -209 -2.70
2017-03-31 13F-HR Hope Bancorp COM 43940T109 20.53 403,662 -1.87 7,738 -14.07 -158 -1,109 -12.31
2016-12-31 13F-HR Hope Bancorp COM 43940T109 19.63 411,370 4.38 9,005 31.56 339 1,821 26.60
2016-09-30 13F-HR/A-4 Hope Bancorp COM 43940T109 17.37 394,098 0.00 6,845 0.00 0 0 0.00
2016-09-30 13F-HR Hope Bancorp COM 43940T109 394,098 6,845


CUSIP: 43940T109