SCHEDULE: Manulife Amends First Hawaiian Stake Disclosure
Beneficial Ownership Update
Manulife entities updated their beneficial ownership of First Hawaiian Inc. common stock, with Manulife Investment Management (US) LLC holding 7.98%.
Summary
- Manulife Financial Corporation and its indirect, wholly-owned subsidiaries, Manulife Investment Management Limited (MIML) and Manulife Investment Management (US) LLC (MIM (US)), filed an Amendment No. 5 to Schedule 13G.
- The filing reports their beneficial ownership of Common Stock in First Hawaiian Inc. (CUSIP No. 32051X108).
- As of June 30, 2025, Manulife Investment Management (US) LLC beneficially owned 10,030,799 shares, representing 7.98% of the class.
- Manulife Investment Management Limited beneficially owned 20,105 shares, representing 0.02% of the class.
- Manulife Financial Corporation is deemed to have beneficial ownership of these shares through its parent-subsidiary relationship.
- The total shares of Common Stock outstanding for First Hawaiian Inc. were 125,719,312 as of April 30, 2025, according to their Form 10-Q filed on May 5, 2025.
Sentiment
Score: 5
Explanation: This is a neutral, factual filing regarding beneficial ownership. It does not contain information that would significantly alter sentiment positively or negatively.
Positives
- Manulife Investment Management (US) LLC maintains a significant beneficial ownership stake of 7.98% in First Hawaiian Inc., indicating continued investment interest.
Negatives
- No specific negative aspects related to First Hawaiian Inc. were disclosed in this routine ownership filing.
Risks
- Intentional misstatements or omissions of fact in SEC filings constitute Federal criminal violations.
Future Outlook
The filing is a routine ownership disclosure and does not contain any forward-looking statements or guidance regarding First Hawaiian Inc.'s future operations or financial performance.
Industry Context
This Schedule 13G filing is a standard regulatory disclosure for institutional investors holding significant stakes in publicly traded companies. Manulife's continued beneficial ownership in First Hawaiian Inc., a regional bank, reflects its investment strategy within the financial services sector. Such filings provide transparency on major shareholder positions but do not typically offer insights into broader industry trends or competitive dynamics beyond the ownership structure itself.
Comparison to Industry Standards
- This filing is a standard Schedule 13G amendment, which is a common regulatory requirement for institutional investors.
- It does not provide performance metrics for First Hawaiian Inc. that would allow for a direct comparison to industry benchmarks or specific comparable companies.
- The filing solely details the beneficial ownership percentages of Manulife entities in First Hawaiian Inc.
Stakeholder Impact
- Shareholders: Provides transparency on a significant institutional investor's stake.
- Employees, Customers, Suppliers, Creditors: No direct impact from this ownership disclosure.
Next Steps
- No specific future actions, events, or milestones were mentioned in this beneficial ownership filing.
Key Dates
| Date | Description |
|---|---|
| 2018-01-17 | Date of Power of Attorney for Graham Miller, Agent for Manulife Financial Corporation, referenced in signature comments. |
| 2018-01-29 | Date Schedule 13F-NT was filed by Manulife Financial Corporation, including the Power of Attorney. |
| 2025-04-30 | Date of shares outstanding calculation for First Hawaiian Inc. (125,719,312 shares) as per their Form 10-Q. |
| 2025-05-05 | Date First Hawaiian Inc. filed Form 10-Q with the Securities and Exchange Commission. |
| 2025-06-30 | Date of event which required the filing of this statement. |
| 2025-08-06 | Signature date for Manulife Financial Corporation. |
| 2025-08-08 | Signature date for Manulife Investment Management (US) LLC. |
| 2025-08-11 | Signature date for Manulife Investment Management Limited. |
Keywords
First Hawaiian Inc., Manulife, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Financial Services, Banking
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