Banc of California
BANC
171 hedge funds and large institutions have $1.12B invested in Banc of California in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 62 increasing their positions, 56 reducing their positions, and 19 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less capital invested
Capital invested by funds: $1.16B → $1.12B (-$42.4M)
2% less funds holding
Funds holding: 174 → 171 (-3)
5.74% less ownership
Funds ownership: 119.96% → 114.23% (-5.7%)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
55% less call options, than puts
Call options by funds: $14.4M | Put options by funds: $31.8M
Top Buyers
| 1 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$16.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.5M |
| 3 |
BlackRock
New York
|
+$8.09M |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$7.66M |
| 5 |
Millennium Management
New York
|
+$7.29M |
Top Sellers
BANC Hedge Fund Activity: Q2 2018 in Review
171 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2018, worth a combined $1.12B — down 3.7% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BANC and 16 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 62 added.
The largest buyer was Skyline Asset Management, opening a new position worth an estimated $16.9M. The largest seller was Legion Partners Asset Management, exiting entirely with an estimated $48.2M sold.
- 171 institutional investors held Banc of California (BANC) as of Q2 2018, down from 174 in Q1 2018.
- Funds reported $1.12B of Banc of California stock for Q2 2018, down 3.7% quarter-over-quarter.
- 16 funds opened new Banc of California positions in Q2 2018 and 19 closed out, a net change of -3 holders.
- The largest Banc of California buyer in Q2 2018 was Skyline Asset Management, an estimated $16.9M added.
- The largest Banc of California seller in Q2 2018 was Legion Partners Asset Management, an estimated $48.2M sold.
Based on aggregated 13F filings for Q2 2018.