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Banc of California

137 hedge funds and large institutions have $397M invested in Banc of California in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 47

4% less funds holding

Funds holding: 143137 (-6)

4.28% less ownership

Funds ownership: 102.59%98.3% (-4.3%)

11% less call options, than puts

Call options by funds: $3.46M | Put options by funds: $3.9M

25% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 16

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

55% less capital invested

Capital invested by funds: $888M → $397M (-$492M)

Holders
137
Holders Change
-6
Holders Change %
-4.2%
% of All Funds
3.02%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.07%
New
12
Increased
52
Reduced
47
Closed
16
Calls
$3.46M
Puts
$3.9M
Net Calls
-$443K
Net Calls Change
-$6.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$3.35M -$5.94M -404,824 -49%
Wells Fargo
27
Wells Fargo
California
$3.16M +$870K +59,251 +18%
Principal Financial Group
28
Principal Financial Group
Iowa
$2.72M -$207K -14,077 -4%
LBS
29
Lawrence B. Seidman
$2.59M -$39.6K -2,700 -0.8%
FP
30
Foundry Partners
Minnesota
$2.28M -$46.5K -3,170 -1%
Charles Schwab
31
Charles Schwab
California
$2.27M +$86K +5,854 +2%
BCM
32
Bridgeway Capital Management
Texas
$2.05M -$609K -41,500 -14%
KCM
33
Kennedy Capital Management
Missouri
$1.88M -$930K -63,298 -21%
Ameriprise
34
Ameriprise
Minnesota
$1.73M -$192K -13,041 -6%
HAI
35
Hennessy Advisors Inc
California
$1.72M -$1.62M -110,000 -34%
Morgan Stanley
36
Morgan Stanley
New York
$1.69M -$1.38M -93,658 -31%
Goldman Sachs
37
Goldman Sachs
New York
$1.64M +$580K +39,464 +24%
N
38
Nuveen
North Carolina
$1.62M -$4.42K -301 -0.1%
PH
39
Pinnacle Holdings
Oklahoma
$1.5M -$46K -3,135 -2%
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$1.38M +$253K +17,223 +11%
PPA
41
Parametric Portfolio Associates
Washington
$1.29M -$276K -18,787 -10%
Susquehanna International Group
42
Susquehanna International Group
Pennsylvania
$1.26M -$1.64M -111,986 -42%
State of New Jersey Common Pension Fund D
43
State of New Jersey Common Pension Fund D
New Jersey
$1.18M
Deutsche Bank
44
Deutsche Bank
Germany
$1.01M -$26.4K -1,796 -1%
BGIM
45
Brandywine Global Investment Management
Pennsylvania
$949K -$125K -8,490 -7%
Invesco
46
Invesco
Georgia
$939K -$105K -7,164 -6%
Legal & General Group
47
Legal & General Group
United Kingdom
$913K +$5.95K +405 +0.4%
MCA
48
Mendon Capital Advisors
Florida
$836K -$734K -50,000 -32%
Citadel Advisors
49
Citadel Advisors
Florida
$824K +$574K +39,078 +61%
Parallax Volatility Advisers
50
Parallax Volatility Advisers
California
$807K +$346K +23,595 +31%

BANC Hedge Fund Activity: Q1 2020 in Review

137 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2020, worth a combined $397M — down 55% from $888M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of BANC and 12 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 52 added.

The largest buyer was Victory Capital Management, adding an estimated $19.7M. The largest seller was Wellington Management Group, cutting an estimated $13.1M.

  • 137 institutional investors held Banc of California (BANC) as of Q1 2020, down from 143 in Q4 2019.
  • Funds reported $397M of Banc of California stock for Q1 2020, down 55% quarter-over-quarter.
  • 12 funds opened new Banc of California positions in Q1 2020 and 16 closed out, a net change of -4 holders.
  • The largest Banc of California buyer in Q1 2020 was Victory Capital Management, an estimated $19.7M added.
  • The largest Banc of California seller in Q1 2020 was Wellington Management Group, an estimated $13.1M sold.

Based on aggregated 13F filings for Q1 2020.