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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
TPSF
76
Texas Permanent School Fund
Texas
$305K +$109K +7,440 +24%
Thrivent Financial for Lutherans
77
Thrivent Financial for Lutherans
Minnesota
$301K +$27.6K +1,877 +5%
T. Rowe Price Associates
78
T. Rowe Price Associates
Maryland
$276K -$77.1K -5,253 -13%
AIG
79
American International Group
New York
$249K -$22.7K -1,549 -5%
TA
80
Teton Advisors
New York
$238K
Manulife (Manufacturers Life Insurance)
81
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$233K +$23.5K +1,598 +6%
UBS Group
82
UBS Group
Switzerland
$221K +$360K +24,492 +765%
PNC Financial Services Group
83
PNC Financial Services Group
Pennsylvania
$206K +$26.6K +1,814 +8%
DTL
84
Dynamic Technology Lab
Singapore
$199K +$366K +24,915 New
First Manhattan
85
First Manhattan
New York
$189K
VOYA Investment Management
86
VOYA Investment Management
Georgia
$188K +$20.5K +1,396 +6%
Simplex Trading
87
Simplex Trading
Illinois
$188K +$199K +13,560 +136%
COPPSERS
88
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$181K +$108K +7,362 +48%
CSS
89
Cubist Systematic Strategies
Connecticut
$175K -$141K -9,598 -31%
New York State Teachers Retirement System (NYSTRS)
90
New York State Teachers Retirement System (NYSTRS)
New York
$168K
Two Sigma Investments
91
Two Sigma Investments
New York
$154K +$72.6K +4,947 +34%
MIM
92
MetLife Investment Management
New Jersey
$149K
BNP Paribas Financial Markets
93
BNP Paribas Financial Markets
France
$145K +$119K +8,108 +80%
OPERF
94
Oregon Public Employees Retirement Fund
Oregon
$144K +$12.5K +848 +5%
Citigroup
95
Citigroup
New York
$136K -$100K -6,820 -29%
State Board of Administration of Florida Retirement System
96
State Board of Administration of Florida Retirement System
Florida
$132K
SM
97
Salzhauer Michael
$128K -$1.7M -115,935 -88%
MSA
98
Mason Street Advisors
Wisconsin
$125K
State of Tennessee, Department of Treasury
99
State of Tennessee, Department of Treasury
Tennessee
$117K
VCA
100
Verdence Capital Advisors
Maryland
$116K +$56.7K +3,861 +36%

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.