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Banc of California

181 hedge funds and large institutions have $683M invested in Banc of California in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 16

15% more funds holding

Funds holding: 157181 (+24)

11% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 54

1.95% more ownership

Funds ownership: 90.86%92.81% (+1.9%)

15% less capital invested

Capital invested by funds: $802M → $683M (-$120M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

96% less call options, than puts

Call options by funds: $76K | Put options by funds: $1.82M

Holders
181
Holders Change
+24
Holders Change %
+15.29%
% of All Funds
2.88%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
41
Increased
60
Reduced
54
Closed
16
Calls
$76K
Puts
$1.82M
Net Calls
-$1.74M
Net Calls Change
-$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
26
Kennedy Capital Management
Missouri
$5.61M +$5M +309,176 +223%
Invesco
27
Invesco
Georgia
$5.33M +$4.37M +270,076 +174%
Charles Schwab
28
Charles Schwab
California
$5.08M -$102K -6,324 -2%
American Century Companies
29
American Century Companies
Missouri
$5.04M +$1.47M +91,061 +29%
AQR Capital Management
30
AQR Capital Management
Connecticut
$5.04M +$134K +8,270 +2%
PU
31
Petiole USA
New York
$4.98M -$1.13M -70,000 -15%
Goldman Sachs
32
Goldman Sachs
New York
$4.93M +$2.94M +181,711 +86%
Morgan Stanley
33
Morgan Stanley
New York
$4.65M +$1.49M +91,902 +33%
Jacobs Levy Equity Management
34
Jacobs Levy Equity Management
New Jersey
$4.64M +$285K +17,607 +5%
Principal Financial Group
35
Principal Financial Group
Iowa
$4.16M -$161K -9,977 -3%
Renaissance Technologies
36
Renaissance Technologies
New York
$3.9M -$729K -45,099 -13%
FP
37
Foundry Partners
Minnesota
$3.78M +$9.94K +615 +0.2%
CRC
38
Curi RMB Capital
Illinois
$3.74M
BCM
39
BHZ Capital Management
California
$3.41M -$3.05M -188,720 -41%
Prudential Financial
40
Prudential Financial
New Jersey
$3.2M +$87K +5,380 +2%
RIM
41
Ranger Investment Management
Texas
$3.16M -$12M -744,180 -75%
Russell Investments Group
42
Russell Investments Group
United Kingdom
$3.1M +$310K +19,202 +8%
CSS
43
Cubist Systematic Strategies
Connecticut
$3.03M +$3.45M +213,734 +765%
MCM
44
Maltese Capital Management
New York
$2.69M -$1.85M -114,278 -35%
AllianceBernstein
45
AllianceBernstein
Tennessee
$2.49M -$68.8K -4,257 -2%
HF
46
HRT Financial
New York
$2.46M +$2.9M +179,355 +1,065%
Citadel Advisors
47
Citadel Advisors
Florida
$2.31M +$2.99M +184,695 New
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$2.31M +$109K +6,719 +4%
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
$2.19M +$555K +34,328 +25%
Qube Research & Technologies (QRT)
50
Qube Research & Technologies (QRT)
United Kingdom
$2.14M +$2.13M +131,663 +339%

BANC Hedge Fund Activity: Q1 2023 in Review

181 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2023, worth a combined $683M — down 15% from $802M a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new BANC positions and 16 closed out — a net gain of 25 holders — while 60 added to existing stakes and 54 trimmed.

The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $12.5M. The largest seller was Patriot Financial Partners, cutting an estimated $21M.

  • 181 institutional investors held Banc of California (BANC) as of Q1 2023, up from 157 in Q4 2022.
  • Funds reported $683M of Banc of California stock for Q1 2023, down 15% quarter-over-quarter.
  • 41 funds opened new Banc of California positions in Q1 2023 and 16 closed out, a net change of +25 holders.
  • The largest Banc of California buyer in Q1 2023 was Neuberger Berman Group, an estimated $12.5M added.
  • The largest Banc of California seller in Q1 2023 was Patriot Financial Partners, an estimated $21M sold.

Based on aggregated 13F filings for Q1 2023.