SecurityCATYW / Cathay General Bancorp
InstitutionCovington Capital Management
Shares2,500
Value $ 101,000
Related CATY / Cathay General Bancorp

Covington Capital Management reports 16.67% decrease in ownership of CATYW / Cathay General Bancorp

August 13, 2018 - Covington Capital Management has filed a 13F-HR form disclosing ownership of 2,500 shares of Cathay General Bancorp (NASDAQ:CATYW) with total holdings valued at $101,000 USD as of June 30, 2018. Covington Capital Management had filed a previous 13F-HR on May 11, 2018 disclosing 3,000 shares of Cathay General Bancorp at a value of $120,000 USD. This represents a change in shares of -16.67 percent and a change in value of -15.83 percent during the quarter.

Other investors with positions similar to Covington Capital Management include Regal Wealth Group, Inc., BlackRock Japan Co. Ltd, Cantab Capital Partners LLP, Envestnet Asset Management Inc, Us Bancorp \de\, and Ladenburg Thalmann Financial Services Inc.

Cathay General Bancorp has declared a standard industrial code (sic) of 6022 which is the "State Commercial Banks" industry. Covington Capital Management's top industries are "Construction Special Trade Contractors" (sic 17), "Non-depository Credit Institutions" (sic 61), and "Food Stores" (sic 54).

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 CATHAY GEN BANCORP COM 149150104 40.20 2,500 -16.67 101 -15.83 -20 1 0.92
2018-03-31 13F-HR CATHAY GEN BANCORP COM 149150104 41.12 3,000 -25.00 120 -28.99 -41 -8 -4.66
2017-12-31 13F-HR CATHAY GEN BANCORP COM 149150104 41.25 4,000 0.00 169 4.97 0 8 4.97
2017-09-30 13F-HR CATHAY GEN BANCORP COM 149150104 4,000 161


CUSIP: 149150104