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Banc of California

137 hedge funds and large institutions have $397M invested in Banc of California in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 47

4% less funds holding

Funds holding: 143137 (-6)

4.28% less ownership

Funds ownership: 102.59%98.3% (-4.3%)

11% less call options, than puts

Call options by funds: $3.46M | Put options by funds: $3.9M

25% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 16

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

55% less capital invested

Capital invested by funds: $888M → $397M (-$492M)

Holders
137
Holders Change
-6
Holders Change %
-4.2%
% of All Funds
3.02%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.07%
New
12
Increased
52
Reduced
47
Closed
16
Calls
$3.46M
Puts
$3.9M
Net Calls
-$443K
Net Calls Change
-$6.53M
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
51
California Public Employees Retirement System
California
$806K +$204K +13,880 +16%
Public Sector Pension Investment Board (PSP Investments)
52
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$802K
Bank of America
53
Bank of America
North Carolina
$744K +$261K +17,765 +24%
Swiss National Bank
54
Swiss National Bank
Switzerland
$703K +$16.2K +1,100 +1%
PRCP
55
Pacific Ridge Capital Partners
Oregon
$628K +$146K +9,960 +15%
AllianceBernstein
56
AllianceBernstein
Tennessee
$597K +$734 +50 +0.1%
Ensign Peak Advisors
57
Ensign Peak Advisors
Utah
$570K
Prudential Financial
58
Prudential Financial
New Jersey
$562K -$52.2K -3,557 -5%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$547K -$11.3K -772 -1%
MPAM
60
Monarch Partners Asset Management
Massachusetts
$521K -$2.76M -187,785 -74%
PP
61
PDT Partners
New York
$511K +$591K +40,235 +170%
Canada Life
62
Canada Life
Manitoba, Canada
$489K +$95.7K +6,520 +12%
SCA
63
Sippican Capital Advisors
Massachusetts
$465K +$198K +13,495 +30%
Jacobs Levy Equity Management
64
Jacobs Levy Equity Management
New Jersey
$442K +$812K +55,279 New
Comerica Bank
65
Comerica Bank
Texas
$412K +$19.3K +1,315 +3%
Barclays
66
Barclays
United Kingdom
$404K -$1.17M -79,961 -61%
D.E. Shaw & Co
67
D.E. Shaw & Co
New York
$400K +$734K +49,959 New
JP Morgan Chase
68
JP Morgan Chase
New York
$381K +$441K +30,001 +170%
UBS AM
69
UBS AM
Illinois
$366K -$95.7K -6,515 -12%
CS
70
Credit Suisse
Switzerland
$355K -$9.41K -641 -1%
New York State Common Retirement Fund
71
New York State Common Retirement Fund
New York
$326K
IIM
72
Ironwood Investment Management
Massachusetts
$323K +$11.7K +800 +2%
SOADOR
73
State of Alaska Department of Revenue
Alaska
$320K +$90.5K +6,165 +18%
TI
74
Trexquant Investment
Connecticut
$319K +$586K +39,882 New
BP
75
BBR Partners
New York
$315K

BANC Hedge Fund Activity: Q1 2020 in Review

137 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2020, worth a combined $397M — down 55% from $888M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of BANC and 12 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 52 added.

The largest buyer was Victory Capital Management, adding an estimated $19.7M. The largest seller was Wellington Management Group, cutting an estimated $13.1M.

  • 137 institutional investors held Banc of California (BANC) as of Q1 2020, down from 143 in Q4 2019.
  • Funds reported $397M of Banc of California stock for Q1 2020, down 55% quarter-over-quarter.
  • 12 funds opened new Banc of California positions in Q1 2020 and 16 closed out, a net change of -4 holders.
  • The largest Banc of California buyer in Q1 2020 was Victory Capital Management, an estimated $19.7M added.
  • The largest Banc of California seller in Q1 2020 was Wellington Management Group, an estimated $13.1M sold.

Based on aggregated 13F filings for Q1 2020.