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Banc of California

181 hedge funds and large institutions have $683M invested in Banc of California in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 16

15% more funds holding

Funds holding: 157181 (+24)

11% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 54

1.95% more ownership

Funds ownership: 90.86%92.81% (+1.9%)

15% less capital invested

Capital invested by funds: $802M → $683M (-$120M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

96% less call options, than puts

Call options by funds: $76K | Put options by funds: $1.82M

Holders
181
Holders Change
+24
Holders Change %
+15.29%
% of All Funds
2.88%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
41
Increased
60
Reduced
54
Closed
16
Calls
$76K
Puts
$1.82M
Net Calls
-$1.74M
Net Calls Change
-$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
RIP
51
Rhino Investment Partners
Pennsylvania
$2.09M +$2.7M +166,799 New
HSBC Holdings
52
HSBC Holdings
United Kingdom
$2.02M -$1.04M -64,444 -29%
Thrivent Financial for Lutherans
53
Thrivent Financial for Lutherans
Minnesota
$1.99M +$41.4K +2,559 +2%
Two Sigma Advisers
54
Two Sigma Advisers
New York
$1.96M +$2.21M +136,500 +686%
Two Sigma Investments
55
Two Sigma Investments
New York
$1.94M +$1.61M +99,453 +179%
N
56
Nuveen
North Carolina
$1.93M -$1.6M -98,698 -39%
JC
57
JCSD Capital
California
$1.77M +$2.23M +138,117 +4,604%
Legal & General Group
58
Legal & General Group
United Kingdom
$1.68M -$52.8K -3,266 -2%
Swiss National Bank
59
Swiss National Bank
Switzerland
$1.53M -$239K -14,800 -11%
SCP
60
Siena Capital Partners
Illinois
$1.52M +$1.97M +121,699 New
BGIM
61
Brandywine Global Investment Management
Pennsylvania
$1.48M -$3.07K -190 -0.2%
Cerity Partners
62
Cerity Partners
New York
$1.36M +$7.63K +472 New
Assenagon Asset Management
63
Assenagon Asset Management
Luxembourg
$1.3M +$836K +51,714 +99%
Public Sector Pension Investment Board (PSP Investments)
64
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.21M -$92.4K -5,718 -6%
Millennium Management
65
Millennium Management
New York
$1.19M -$1.34M -82,677 -47%
New York State Common Retirement Fund
66
New York State Common Retirement Fund
New York
$1.11M -$189K -11,701 -12%
SCA
67
Sippican Capital Advisors
Massachusetts
$1.09M +$18.2K +1,125 +1%
Bank of America
68
Bank of America
North Carolina
$1.03M -$168K -10,390 -11%
PRCP
69
Pacific Ridge Capital Partners
Oregon
$930K -$3.07K -190 -0.3%
AIMCA
70
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$906K +$1.17M +72,300 New
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$866K -$18.4K -1,141 -2%
GC
72
Guggenheim Capital
Illinois
$844K +$410K +25,375 +60%
KI
73
Kula Investments
Illinois
$807K +$1.04M +64,373 New
PI
74
PEAK6 Investments
Illinois
$787K +$1.02M +62,799 New
Barclays
75
Barclays
United Kingdom
$778K +$349K +21,608 +53%

BANC Hedge Fund Activity: Q1 2023 in Review

181 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2023, worth a combined $683M — down 15% from $802M a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new BANC positions and 16 closed out — a net gain of 25 holders — while 60 added to existing stakes and 54 trimmed.

The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $12.5M. The largest seller was Patriot Financial Partners, cutting an estimated $21M.

  • 181 institutional investors held Banc of California (BANC) as of Q1 2023, up from 157 in Q4 2022.
  • Funds reported $683M of Banc of California stock for Q1 2023, down 15% quarter-over-quarter.
  • 41 funds opened new Banc of California positions in Q1 2023 and 16 closed out, a net change of +25 holders.
  • The largest Banc of California buyer in Q1 2023 was Neuberger Berman Group, an estimated $12.5M added.
  • The largest Banc of California seller in Q1 2023 was Patriot Financial Partners, an estimated $21M sold.

Based on aggregated 13F filings for Q1 2023.