Rafferty Asset Management Trims East West Bancorp Stake

Institutional investor reduces position in financial services provider by 16.2%

Mar. 2, 2026 at 5:07pm

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Rafferty Asset Management LLC, an institutional investor, has trimmed its position in East West Bancorp, Inc. (NASDAQ:EWBC) by 16.2% in the third quarter, according to a recent SEC filing. The firm now owns 101,019 shares of the financial services provider's stock, down from 120,605 shares previously.

Why it matters

East West Bancorp is a major regional bank based in Southern California, catering to both large and middle-market businesses. Institutional investors closely monitor changes in ownership stakes, as they can signal shifts in market sentiment or changes in a company's fundamentals.

The details

According to the filing, Rafferty Asset Management sold 19,586 shares of East West Bancorp during the third quarter. The firm now owns approximately 0.07% of the company's outstanding shares, valued at $10.75 million as of the most recent filing.

  • Rafferty Asset Management trimmed its position in East West Bancorp during the 3rd quarter of 2026.

The players

Rafferty Asset Management LLC

An institutional investor and asset management firm.

East West Bancorp, Inc.

A financial services provider and regional bank headquartered in Southern California.

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The takeaway

This transaction reflects Rafferty Asset Management's decision to reduce its exposure to East West Bancorp, potentially in response to market conditions or the firm's own investment strategy. However, East West Bancorp remains a well-regarded regional bank with a strong presence in the Southern California market.