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Banc of California

144 hedge funds and large institutions have $715M invested in Banc of California in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 58 increasing their positions, 41 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 41

2% more capital invested

Capital invested by funds: $702M → $715M (+$12.5M)

0.5% more ownership

Funds ownership: 99.77%100.26% (+0.5%)

4% less funds holding

Funds holding: 150144 (-6)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

75% less call options, than puts

Call options by funds: $991K | Put options by funds: $4.03M

Holders
144
Holders Change
-6
Holders Change %
-4%
% of All Funds
3.16%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.13%
New
7
Increased
58
Reduced
41
Closed
13
Calls
$991K
Puts
$4.03M
Net Calls
-$3.04M
Net Calls Change
+$6.29M
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
26
Skyline Asset Management
Illinois
$6.04M +$11.5K +800 +0.2%
Russell Investments Group
27
Russell Investments Group
United Kingdom
$5.19M +$5.24M +363,078 +9,100%
Principal Financial Group
28
Principal Financial Group
Iowa
$5M +$151K +10,455 +3%
HAI
29
Hennessy Advisors Inc
California
$4.88M -$794K -55,000 -14%
CCM
30
Castine Capital Management
Massachusetts
$4.85M +$4.95M +342,802 New
KCM
31
Kennedy Capital Management
Missouri
$4.47M -$146K -10,125 -3%
Wells Fargo
32
Wells Fargo
California
$4.09M +$827K +57,277 +25%
FP
33
Foundry Partners
Minnesota
$4.05M +$1.66M +114,775 +67%
BCM
34
Bridgeway Capital Management
Texas
$3.92M
Charles Schwab
35
Charles Schwab
California
$3.86M +$194K +13,438 +5%
Ameriprise
36
Ameriprise
Minnesota
$3.36M +$50K +3,465 +1%
Morgan Stanley
37
Morgan Stanley
New York
$2.97M -$53.6K -3,711 -2%
N
38
Nuveen
North Carolina
$2.93M +$92.9K +6,435 +3%
QI
39
QS Investors
New York
$2.75M
PH
40
Pinnacle Holdings
Oklahoma
$2.72M +$68.9K +4,770 +3%
PPA
41
Parametric Portfolio Associates
Washington
$2.71M +$169K +11,709 +7%
MCA
42
Mendon Capital Advisors
Florida
$2.56M -$6.32M -438,125 -71%
Millennium Management
43
Millennium Management
New York
$2.44M +$1.69M +116,963 +211%
Deutsche Bank
44
Deutsche Bank
Germany
$2.38M -$2.02M -140,073 -45%
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
$2.29M +$2.09M +145,103 +869%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$2.03M +$160K +11,113 +8%
BGIM
47
Brandywine Global Investment Management
Pennsylvania
$1.91M -$23.8K -1,646 -1%
Invesco
48
Invesco
Georgia
$1.8M -$73.6K -5,102 -4%
Goldman Sachs
49
Goldman Sachs
New York
$1.77M -$582K -40,313 -24%
SM
50
Salzhauer Michael
$1.75M

BANC Hedge Fund Activity: Q3 2019 in Review

144 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2019, worth a combined $715M — up 1.8% from $702M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BANC and 7 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 58 added.

The largest buyer was Ranger Investment Management, adding an estimated $8.34M. The largest seller was United Services Automobile Association, exiting entirely with an estimated $9.71M sold.

  • 144 institutional investors held Banc of California (BANC) as of Q3 2019, down from 150 in Q2 2019.
  • Funds reported $715M of Banc of California stock for Q3 2019, up 1.8% quarter-over-quarter.
  • 7 funds opened new Banc of California positions in Q3 2019 and 13 closed out, a net change of -6 holders.
  • The largest Banc of California buyer in Q3 2019 was Ranger Investment Management, an estimated $8.34M added.
  • The largest Banc of California seller in Q3 2019 was United Services Automobile Association, an estimated $9.71M sold.

Based on aggregated 13F filings for Q3 2019.