Cathay General Bancorp Shares Sold by SG Americas Securities

Institutional investor reduces stake in California-based bank

Apr. 7, 2026 at 9:03am

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An extreme close-up of intricate, metallic banking machinery and equipment, conveying the secure, industrial nature of financial institutions without using any text or identifiable elements.The reduction in shares held by a major institutional investor in Cathay General Bancorp reflects broader shifts in the banking industry's infrastructure and investment landscape.Los Angeles Today

SG Americas Securities LLC lowered its stake in shares of Cathay General Bancorp (NASDAQ:CATY) by 46.3% in the fourth quarter, according to a recent 13F filing. The firm now owns 31,697 shares of the bank's stock, down from 59,995 shares previously.

Why it matters

Cathay General Bancorp is a prominent Asian-American bank headquartered in Los Angeles, California. The reduction in shares held by SG Americas Securities, a major institutional investor, could signal a shift in market sentiment or portfolio rebalancing for the bank's stock.

The details

According to the 13F filing, SG Americas Securities sold 27,298 shares of Cathay General Bancorp during the fourth quarter. The firm's remaining stake in the bank is now valued at $1.53 million. Cathay General Bancorp has a market capitalization of $3.44 billion and trades on the Nasdaq exchange under the ticker symbol CATY.

  • The 13F filing was submitted on April 7, 2026, covering the fourth quarter of 2025.
  • SG Americas Securities sold the Cathay General Bancorp shares during the fourth quarter of 2025.

The players

SG Americas Securities LLC

A major institutional investor that has reduced its stake in Cathay General Bancorp.

Cathay General Bancorp

A prominent Asian-American bank headquartered in Los Angeles, California, trading on the Nasdaq exchange under the ticker symbol CATY.

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The takeaway

The reduction in shares held by SG Americas Securities could signal a shift in market sentiment or portfolio rebalancing for Cathay General Bancorp's stock, though the bank remains a significant player in the Asian-American banking sector in California.