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Banc of California

190 hedge funds and large institutions have $1.31B invested in Banc of California in 2017 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 63 increasing their positions, 69 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

5.85% more ownership

Funds ownership: 120.64%126.49% (+5.8%)

1% more capital invested

Capital invested by funds: $1.3B → $1.31B (+$16.7M)

9% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 69

4% less funds holding

Funds holding: 198190 (-8)

19% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 32

27% less call options, than puts

Call options by funds: $21.2M | Put options by funds: $29.2M

Holders
190
Holders Change
-8
Holders Change %
-4.04%
% of All Funds
4.74%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.25%
New
26
Increased
63
Reduced
69
Closed
32
Calls
$21.2M
Puts
$29.2M
Net Calls
-$8M
Net Calls Change
+$21.4M
Name Holding Trade Value Shares
Change
Change in
Stake
SGCIA
26
Smith Graham & Co Investment Advisors
Texas
$13.1M -$126K -6,410 -1%
DRZID
27
DePrince Race & Zollo Inc (DRZ)
Florida
$12.2M -$448K -22,745 -4%
State of Wisconsin Investment Board
28
State of Wisconsin Investment Board
Wisconsin
$12M
BFC
29
Banc Funds Company
Illinois
$10.7M +$4.8M +243,624 +89%
Goldman Sachs
30
Goldman Sachs
New York
$10.7M +$3.55M +180,229 +54%
Northern Trust
31
Northern Trust
Illinois
$10.7M -$364K -18,485 -3%
MA
32
Montag & Associates
Georgia
$10M -$887 -45 -0%
UM
33
Ulysses Management
New York
$9.75M +$1.97M +100,000 +27%
New York State Common Retirement Fund
34
New York State Common Retirement Fund
New York
$9.36M +$2.82M +143,053 +46%
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$9.14M +$158K +8,004 +2%
UBS Group
36
UBS Group
Switzerland
$8.69M +$424K +21,481 +5%
6CM
37
683 Capital Management
New York
$8.52M
Geode Capital Management
38
Geode Capital Management
Massachusetts
$8.02M +$145K +7,337 +2%
HAI
39
Hennessy Advisors Inc
California
$7.99M +$7.59M +385,000 New
Comerica Bank
40
Comerica Bank
Texas
$7.53M -$144K -7,306 -2%
Prudential Financial
41
Prudential Financial
New Jersey
$7.1M -$863K -43,770 -11%
Bank of America
42
Bank of America
North Carolina
$7.01M +$1.35M +68,247 +25%
ECA
43
Endeavour Capital Advisors
Connecticut
$6.66M +$6.33M +321,138 New
Principal Financial Group
44
Principal Financial Group
Iowa
$6.65M -$1.18M -59,779 -16%
SCA
45
Stieven Capital Advisors
Missouri
$6.2M +$517K +26,200 +10%
USAA
46
United Services Automobile Association
Texas
$6.1M +$750K +38,055 +15%
KCM
47
Kennedy Capital Management
Missouri
$5.78M +$5.49M +278,635 New
Wells Fargo
48
Wells Fargo
California
$5.55M +$2.1M +106,509 +66%
PAAMCP
49
Pacific Alternative Asset Management Company (PAAMCO)
California
$5.3M +$803K +40,701 +19%
Morgan Stanley
50
Morgan Stanley
New York
$4.88M +$521K +26,440 +13%

BANC Hedge Fund Activity: Q3 2017 in Review

190 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2017, worth a combined $1.31B — up 1.3% from $1.3B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of BANC and 26 opened new positions — a net loss of 6 holders — while 69 trimmed existing stakes and 63 added.

The largest buyer was Channing Capital Management, opening a new position worth an estimated $46.2M. The largest seller was LSV Asset Management, cutting an estimated $16.8M.

  • 190 institutional investors held Banc of California (BANC) as of Q3 2017, down from 198 in Q2 2017.
  • Funds reported $1.31B of Banc of California stock for Q3 2017, up 1.3% quarter-over-quarter.
  • 26 funds opened new Banc of California positions in Q3 2017 and 32 closed out, a net change of -6 holders.
  • The largest Banc of California buyer in Q3 2017 was Channing Capital Management, an estimated $46.2M added.
  • The largest Banc of California seller in Q3 2017 was LSV Asset Management, an estimated $16.8M sold.

Based on aggregated 13F filings for Q3 2017.