Penn Capital Management’s Banc of California BANC Stock Holding History

Penn Capital Management’s Portfolio BANC Stock Details BANC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$24.5M	Sell	1,199,061 -13,949	-1%	-$266K	1.56%	12
2026 Q1	$21.4M	Buy	1,213,010 +224,946	+23%	+$4.29M	1.66%	7
2025 Q4	$19.1M	Buy	988,064 +5,564	+0.6%	+$99.7K	1.52%	11
2025 Q3	$16.3M	Buy	982,500 +86,261	+10%	+$1.35M	1.25%	29
2025 Q2	$12.6M	Sell	896,239 -15,534	-2%	-$212K	1.09%	46
2025 Q1	$13M	Buy	911,773 +308,546	+51%	+$4.67M	1.26%	33
2024 Q4	$9.33M	Buy	+603,227	New	+$9.52M	0.91%	59
2018 Q4	–	Sell	-627,976	Closed	-$12.8M	–	261
2018 Q3	$12.8M	Sell	627,976 -121,302	-16%	-$2.39M	0.97%	33
2018 Q2	$14.7M	Buy	749,278 +53,944	+8%	+$1.03M	1.09%	23
2018 Q1	$13.4M	Sell	695,334 -46,530	-6%	-$945K	1.06%	23
2017 Q4	$15.3M	Buy	741,864 +77,231	+12%	+$1.61M	1.07%	19
2017 Q3	$13.8M	Buy	664,633 +111,155	+20%	+$2.19M	1.01%	25
2017 Q2	$11.9M	Buy	553,478 +91,732	+20%	+$1.94M	0.89%	43
2017 Q1	$10.7M	Buy	+461,746	New	+$8.59M	0.73%	53
2016 Q4	–	Sell	-192,738	Closed	-$3.37M	–	284
2016 Q3	$3.37M	Buy	+192,738	New	+$4M	0.23%	131

Other funds holding BANC

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Penn Capital Management's BANC Position: Q2 2026 in Review

Penn Capital Management reduced its Banc of California (BANC) stake by 1.1% in Q2 2026, selling an estimated $266K and leaving 1,199,061 shares worth $24.5M. The position accounts for 1.56% of the portfolio, ranked #12.

Penn Capital Management first reported a position in BANC in Q3 2016 and has held it in 15 quarters since. 310 funds tracked by Wall St. Rank hold BANC as of Q2 2026.

Penn Capital Management held 1,199,061 shares of Banc of California worth $24.5M as of Q2 2026.
Penn Capital Management sold 13,949 Banc of California shares in Q2 2026, an estimated $266K.
Banc of California made up 1.56% of Penn Capital Management's portfolio in Q2 2026, its #12 holding.
Penn Capital Management first reported a position in Banc of California in Q3 2016 and has held it in 15 quarters since.
310 funds tracked by Wall St. Rank held Banc of California as of Q2 2026.

Based on Penn Capital Management's 13F filing for Q2 2026, filed 30 Jul 2026.