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Banc of California

144 hedge funds and large institutions have $715M invested in Banc of California in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 58 increasing their positions, 41 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 41

2% more capital invested

Capital invested by funds: $702M → $715M (+$12.5M)

0.5% more ownership

Funds ownership: 99.77%100.26% (+0.5%)

4% less funds holding

Funds holding: 150144 (-6)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

75% less call options, than puts

Call options by funds: $991K | Put options by funds: $4.03M

Holders
144
Holders Change
-6
Holders Change %
-4%
% of All Funds
3.16%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.13%
New
7
Increased
58
Reduced
41
Closed
13
Calls
$991K
Puts
$4.03M
Net Calls
-$3.04M
Net Calls Change
+$6.29M
Name Holding Trade Value Shares
Change
Change in
Stake
Public Sector Pension Investment Board (PSP Investments)
51
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.61M +$280K +19,432 +21%
Legal & General Group
52
Legal & General Group
United Kingdom
$1.51M +$84.4K +5,849 +6%
Luther King Capital Management (LKCM)
53
Luther King Capital Management (LKCM)
Texas
$1.37M
Bank of America
54
Bank of America
North Carolina
$1.22M +$313K +21,715 +34%
Swiss National Bank
55
Swiss National Bank
Switzerland
$1.19M
PI
56
PineBridge Investments
New York
$1.18M +$60.7K +4,208 +5%
Prudential Financial
57
Prudential Financial
New Jersey
$1.1M +$15K +1,040 +1%
PRCP
58
Pacific Ridge Capital Partners
Oregon
$1.07M -$2.45K -170 -0.2%
Barclays
59
Barclays
United Kingdom
$1.06M +$7.87K +545 +0.7%
AllianceBernstein
60
AllianceBernstein
Tennessee
$1.04M -$97K -6,720 -8%
California State Teachers Retirement System (CalSTRS)
61
California State Teachers Retirement System (CalSTRS)
California
$998K +$12.2K +843 +1%
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$927K +$154K +10,649 +19%
Citigroup
63
Citigroup
New York
$886K +$150K +10,396 +20%
ASRS
64
Arizona State Retirement System
Arizona
$745K -$198K -13,725 -21%
New York State Common Retirement Fund
65
New York State Common Retirement Fund
New York
$677K
CS
66
Credit Suisse
Switzerland
$649K +$74.4K +5,156 +13%
IIM
67
Ironwood Investment Management
Massachusetts
$616K -$2.14K -148 -0.3%
UBS AM
68
UBS AM
Illinois
$611K +$47K +3,256 +8%
Comerica Bank
69
Comerica Bank
Texas
$583K +$29.1K +2,018 +5%
SCA
70
Sippican Capital Advisors
Massachusetts
$570K +$94.5K +6,545 +19%
BP
71
BBR Partners
New York
$558K +$189K +13,126 +50%
T. Rowe Price Associates
72
T. Rowe Price Associates
Maryland
$537K +$90.7K +6,283 +20%
MPAM
73
Monarch Partners Asset Management
Massachusetts
$508K +$518K +35,910 New
Thrivent Financial for Lutherans
74
Thrivent Financial for Lutherans
Minnesota
$504K +$31.5K +2,184 +7%
SOADOR
75
State of Alaska Department of Revenue
Alaska
$487K +$287K +19,886 +136%

BANC Hedge Fund Activity: Q3 2019 in Review

144 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2019, worth a combined $715M — up 1.8% from $702M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BANC and 7 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 58 added.

The largest buyer was Ranger Investment Management, adding an estimated $8.34M. The largest seller was United Services Automobile Association, exiting entirely with an estimated $9.71M sold.

  • 144 institutional investors held Banc of California (BANC) as of Q3 2019, down from 150 in Q2 2019.
  • Funds reported $715M of Banc of California stock for Q3 2019, up 1.8% quarter-over-quarter.
  • 7 funds opened new Banc of California positions in Q3 2019 and 13 closed out, a net change of -6 holders.
  • The largest Banc of California buyer in Q3 2019 was Ranger Investment Management, an estimated $8.34M added.
  • The largest Banc of California seller in Q3 2019 was United Services Automobile Association, an estimated $9.71M sold.

Based on aggregated 13F filings for Q3 2019.