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Banc of California

261 hedge funds and large institutions have $2B invested in Banc of California in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 100 increasing their positions, 80 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 80

21% more call options, than puts

Call options by funds: $26.7M | Put options by funds: $22.1M

4.45% more ownership

Funds ownership: 94.62%99.08% (+4.5%)

4% less funds holding

Funds holding: 273261 (-12)

11% less capital invested

Capital invested by funds: $2.26B → $2B (-$259M)

24% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 38

31% less funds holding in top 10

Funds holding in top 10: 1611 (-5)

Holders
261
Holders Change
-12
Holders Change %
-4.4%
% of All Funds
3.77%
Holding in Top 10
11
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-31.25%
% of All Funds
0.16%
New
29
Increased
100
Reduced
80
Closed
38
Calls
$26.7M
Puts
$22.1M
Net Calls
+$4.62M
Net Calls Change
+$2.89M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
26
Bayview Asset Management
Florida
$17.2M
SIG
27
Senator Investment Group
New York
$16.4M -$16M -1,160,685 -47%
Verition Fund Management
28
Verition Fund Management
Connecticut
$16.4M +$7.86M +569,039 +80%
Qube Research & Technologies (QRT)
29
Qube Research & Technologies (QRT)
United Kingdom
$16.1M +$497K +35,938 +3%
MCM
30
Maltese Capital Management
New York
$16M -$2.08M -150,343 -11%
Charles Schwab
31
Charles Schwab
California
$15.2M +$94K +6,804 +0.6%
BFC
32
Banc Funds Company
Illinois
$13.5M +$74.6K +5,400 +0.5%
ECA
33
Endeavour Capital Advisors
Connecticut
$13M -$1.72M -124,579 -11%
Hotchkis & Wiley Capital Management
34
Hotchkis & Wiley Capital Management
California
$11.7M +$760K +54,980 +6%
Rafferty Asset Management
35
Rafferty Asset Management
New York
$9.33M +$3.18M +230,040 +46%
State of Wisconsin Investment Board
36
State of Wisconsin Investment Board
Wisconsin
$9.28M +$504K +36,448 +5%
Ameriprise
37
Ameriprise
Minnesota
$9.17M -$888K -64,251 -8%
Bank of America
38
Bank of America
North Carolina
$9.12M +$3.85M +278,828 +64%
BGIM
39
Brandywine Global Investment Management
Pennsylvania
$8.97M -$785K -56,780 -7%
Principal Financial Group
40
Principal Financial Group
Iowa
$8.75M -$478K -34,614 -5%
UBS Group
41
UBS Group
Switzerland
$8.61M +$8.07M +584,039 +653%
EA
42
Emerald Advisers
Pennsylvania
$8.2M -$6.85M -495,458 -44%
Prudential Financial
43
Prudential Financial
New Jersey
$7.93M +$4.78M +345,525 +126%
PCM
44
Peregrine Capital Management
Minnesota
$7.55M -$28.6K -2,068 -0.3%
SDIC
45
South Dakota Investment Council
South Dakota
$7.45M +$1.13M +81,591 +16%
BMCM
46
Black Maple Capital Management
Wisconsin
$7.42M +$1.63M +117,891 +25%
T. Rowe Price Associates
47
T. Rowe Price Associates
Maryland
$7.07M +$3.07M +222,306 +67%
SEI Investments
48
SEI Investments
Pennsylvania
$6.84M +$401K +28,991 +6%
Citigroup
49
Citigroup
New York
$6.81M +$1.07M +77,435 +17%
EMFAT
50
Emerald Mutual Fund Advisers Trust
Pennsylvania
$6.63M -$4.57M -330,599 -39%

BANC Hedge Fund Activity: Q2 2024 in Review

261 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2024, worth a combined $2B — down 11% from $2.26B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of BANC and 29 opened new positions — a net loss of 9 holders — while 80 trimmed existing stakes and 100 added.

The largest buyer was T. Rowe Price Investment Management, adding an estimated $112M. The largest seller was Azora Capital LP, exiting entirely with an estimated $44.3M sold.

  • 261 institutional investors held Banc of California (BANC) as of Q2 2024, down from 273 in Q1 2024.
  • Funds reported $2B of Banc of California stock for Q2 2024, down 11% quarter-over-quarter.
  • 29 funds opened new Banc of California positions in Q2 2024 and 38 closed out, a net change of -9 holders.
  • The largest Banc of California buyer in Q2 2024 was T. Rowe Price Investment Management, an estimated $112M added.
  • The largest Banc of California seller in Q2 2024 was Azora Capital LP, an estimated $44.3M sold.

Based on aggregated 13F filings for Q2 2024.