State Street Discloses 336,096 Shares in Hanmi Financial
Ticker: HAFC · Form: SC 13G · Filed: Jan 24, 2024 · CIK: 1109242
| Field | Detail |
|---|---|
| Company | Hanmi Financial CORP (HAFC) |
| Form Type | SC 13G |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, SC-13G, passive-investment
TL;DR
**State Street holds 336,096 shares of Hanmi Financial, showing continued institutional interest.**
AI Summary
State Street Corporation, a major financial institution based in Boston, Massachusetts, filed an SC 13G on January 24, 2024, disclosing its ownership of 336,096 shares of Hanmi Financial Corp common stock as of December 31, 2023. This filing indicates that State Street holds shared voting power over these shares, meaning they can influence decisions related to this significant stake in Hanmi Financial. For investors, this matters because it signals a large institutional investor's continued interest in Hanmi Financial, potentially lending credibility and stability to the stock.
Why It Matters
This filing shows a significant institutional investor, State Street Corporation, maintains a notable position in Hanmi Financial, which can be a positive signal for other investors.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of an institutional holding and does not indicate any immediate negative risks.
Analyst Insight
Investors should note that a major institutional player like State Street Corporation holds a significant stake in Hanmi Financial, which could be a sign of confidence. However, this is a passive filing and doesn't indicate any immediate strategic moves, so further research into Hanmi Financial's fundamentals is warranted.
Key Numbers
- 336,096 — Shared Voting Power Shares (Number of Hanmi Financial Corp shares State Street Corporation has shared voting power over as of December 31, 2023.)
- 12/31/2023 — Date of Event (The date as of which the ownership stake was determined for this filing.)
- 20240124 — Filed As Of Date (The date the SC 13G filing was submitted to the SEC.)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Hanmi Financial Corp (company) — the issuer of the securities
- Boston, Massachusetts (company) — place of organization for State Street Corporation
- 04-2456637 (person) — IRS Identification No. of State Street Corporation
Forward-Looking Statements
- State Street Corporation will maintain its position in Hanmi Financial Corp. (State Street Corporation) — medium confidence, target: Q1 2024
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person is State Street Corporation, as explicitly stated in the filing under 'NAME OF REPORTING PERSON: STATE STREET CORPORATION'.
What is the name of the issuer whose securities are being reported?
The issuer is HANMI FINANCIAL CORP, as indicated under 'NAME OF ISSUER) COMMON STOCK'.
How many shares does State Street Corporation have shared voting power over in Hanmi Financial Corp?
State Street Corporation has shared voting power over 336,096 shares, as detailed on 'Page 2 of 5 Pages' under 'SHARED VOTING POWER 336,096'.
What was the date of the event that required this filing?
The date of the event which required this filing was 12/31/2023, as stated in the filing under '(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13D-1 (B), as indicated by the 'X' next to 'RULE 13D-1 (B)'.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 24, 2024 by 04-2456637 regarding HANMI FINANCIAL CORP (HAFC).