Capital International Investors Holds 11.7M Shares in East West Bancorp

TL;DR

**Big investor Capital International Investors still owns 11.7M shares of East West Bancorp.**

AI Summary

Capital International Investors, a Delaware-based investment firm, filed an amended SC 13G/A on February 9, 2024, disclosing its beneficial ownership of 11,717,655 shares of East West Bancorp, Inc. common stock as of December 29, 2023. This represents a significant stake in the bank, indicating a major institutional investor's continued confidence or strategic positioning in the company. For investors, this filing shows that a large, sophisticated entity maintains a substantial long-term interest in East West Bancorp, which could be seen as a positive signal for the stock's stability and future prospects.

Why It Matters

This filing reveals a major institutional investor's significant and continued stake in East West Bancorp, suggesting a vote of confidence that could influence other investors' perceptions of the stock's value and stability.

Risk Assessment

Risk Level: low — This filing indicates a stable, long-term institutional holding, which generally reduces volatility and risk for other shareholders.

Analyst Insight

A smart investor would view this as a positive signal, suggesting that a major institutional player sees long-term value in East West Bancorp. This could prompt further research into the company's fundamentals and potentially reinforce a decision to hold or consider buying the stock.

Key Numbers

• 11,717,655 — Shares Beneficially Owned (Represents the total number of shares of East West Bancorp, Inc. common stock held by Capital International Investors with sole voting power.)
• 27579R104 — CUSIP Number (Identifies the specific class of securities (Common Stock of East West Bancorp, Inc.))

Key Players & Entities

• Capital International Investors (company) — the reporting person and beneficial owner of shares
• East West Bancorp, Inc. (company) — the issuer of the securities
• Delaware (company) — place of organization for Capital International Investors
• December 29, 2023 (date) — date of event requiring the filing
• February 9, 2024 (date) — date the SC 13G/A was filed

Forward-Looking Statements

• Capital International Investors will maintain a significant stake in East West Bancorp, Inc. (Capital International Investors) — high confidence, target: December 29, 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 16KB
• 0001422848-24-000126.txt ( ) — 18KB

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3 ) * East West Bancorp, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 27579R104 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 27579R104 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital International Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 11,717,655 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 11,717,655 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,717,655 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.3% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer East West Bancorp, Inc. (b) Address of Issuer's Principal Executive Offices 135 North Los Robles Avenue, 7Th Floor, Pasadena, CA 91101 Item 2. (a) Name of Person Filing Capital International Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 27579R104 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 11,717,655 ** (b) Percent of Class: 8.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 11,717,655 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 11,717,655 (iv) shared power to dispose or to direct the disposition of 0 **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 11,717,655 shares or 8.3% of the 140,930,142 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the

View Full Filing

View this SC 13G/A filing on SEC EDGAR