The firm increased its position in Hope Bancorp to 5% of reportable AUM as of March 31, 2026.
HoldCo Asset Management purchased 3,266,015 shares of Hope Bancorp (NASDAQ:HOPE) in the first quarter, valued at $37.74 million. The transaction was based on the quarterly average closing price.
The stake’s quarter-end value rose by $37.11 million, reflecting both the share purchase and price appreciation. Hope Bancorp now represents 5% of HoldCo’s 13F reportable assets under management. Top holdings include Fifth Third Bancorp, Columbia Banking System, and Eagle Bancorp.
Hope Bancorp shares closed at $12.54 on Friday, up 23% over the past year but trailing the S&P 500’s 28% gain.