SCHEDULE: Manulife Entities Disclose 8% Stake in First Hawaiian
Beneficial Ownership Report
Manulife Financial Corporation and its subsidiaries have filed an amended Schedule 13G, revealing an aggregate 8.00% beneficial ownership in First Hawaiian Inc. common stock as of June 30, 2025.
Summary
- Manulife Financial Corporation (MFC), along with its indirect wholly-owned subsidiaries Manulife Investment Management (US) LLC (MIM (US)) and Manulife Investment Management Limited (MIML), filed an Amendment No. 5 to Schedule 13G.
- The filing reports their beneficial ownership of First Hawaiian Inc. common stock as of June 30, 2025.
- MIM (US) beneficially owns 10,030,799 shares, representing 7.98% of First Hawaiian Inc.'s common stock.
- MIML beneficially owns 20,105 shares, representing 0.02% of First Hawaiian Inc.'s common stock.
- MFC is deemed to have beneficial ownership of the aggregate shares held by MIM (US) and MIML due to their parent-subsidiary relationship, totaling 10,050,904 shares or 8.00% of the class.
- The total outstanding shares of First Hawaiian Inc. common stock were 125,719,312 as of April 30, 2025, as reported in the issuer's Form 10-Q.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain forward-looking statements, performance metrics, or strategic updates that would typically influence sentiment.
Industry Context
This filing reflects a routine disclosure of a significant institutional investment manager's passive stake in a regional bank, a common practice in the financial services industry for diversified portfolios.
Stakeholder Impact
- Provides transparency to shareholders and the market regarding significant institutional ownership in First Hawaiian Inc.
- Confirms Manulife's continued, albeit passive, investment in First Hawaiian Inc.
Key Dates
| Date | Description |
|---|---|
| 2018-01-17 | Date of Power of Attorney for Graham Miller, Agent for Manulife Financial Corporation. |
| 2018-01-29 | Date of Schedule 13F-NT filing by Manulife Financial Corporation where Power of Attorney was included as Exhibit A. |
| 2025-04-30 | Date of outstanding shares count for First Hawaiian Inc. (125,719,312 shares) as per issuer's Form 10-Q. |
| 2025-05-05 | Date of First Hawaiian Inc.'s Form 10-Q filing with the SEC. |
| 2025-06-30 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-08-06 | Signature date for Manulife Financial Corporation (Graham Miller). |
| 2025-08-08 | Signature date for Manulife Investment Management (US) LLC (Paul M. Donahue). |
| 2025-08-11 | Signature date for Manulife Investment Management Limited (Warren Rudick). |
Keywords
First Hawaiian Inc., Manulife Financial Corporation, Manulife Investment Management, Schedule 13G, Beneficial Ownership, Common Stock, Financial Services, Investment Management, SEC Filing
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