Banc of California
BANC
127 hedge funds and large institutions have $347M invested in Banc of California in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 53 increasing their positions, 35 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
51% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 35
6% more funds holding
Funds holding: 120 → 127 (+7)
3.19% more ownership
Funds ownership: 72.33% → 75.52% (+3.2%)
2% less capital invested
Capital invested by funds: $354M → $347M (-$6.94M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$6.78M |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$6.09M |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$4.18M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$3.87M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$10.9M |
| 2 |
CCG
Crescent Capital Group
Los Angeles,
California
|
-$6.38M |
| 3 |
CC
Consector Capital
New York
|
-$3.29M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.48M |
| 5 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$1.89M |
BANC Hedge Fund Activity: Q3 2015 in Review
127 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2015, worth a combined $347M — down 2% from $354M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BANC positions and 15 closed out — a net gain of 9 holders — while 53 added to existing stakes and 35 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $6.78M. The largest seller was Oaktree Capital Management, cutting an estimated $10.9M.
- 127 institutional investors held Banc of California (BANC) as of Q3 2015, up from 120 in Q2 2015.
- Funds reported $347M of Banc of California stock for Q3 2015, down 2% quarter-over-quarter.
- 24 funds opened new Banc of California positions in Q3 2015 and 15 closed out, a net change of +9 holders.
- The largest Banc of California buyer in Q3 2015 was LSV Asset Management, an estimated $6.78M added.
- The largest Banc of California seller in Q3 2015 was Oaktree Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2015.