Banc of California
BANC
146 hedge funds and large institutions have $857M invested in Banc of California in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 14 closing their positions.
109% more call options, than puts
Call options by funds: $6.14M | Put options by funds: $2.94M
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
28% more capital invested
Capital invested by funds: $672M → $857M (+$186M)
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
10% more funds holding
Funds holding: 133 → 146 (+13)
3.03% more ownership
Funds ownership: 91.77% → 94.8% (+3%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$8.82M |
| 2 |
BlackRock
New York
|
+$7.89M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$6.16M |
| 4 |
State Street
Boston,
Massachusetts
|
+$5.06M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.62M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.51M |
| 3 |
MFP
Michael F. Price
|
-$3.73M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$3.17M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$3.16M |
BANC Hedge Fund Activity: Q1 2021 in Review
146 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2021, worth a combined $857M — up 28% from $672M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BANC positions and 14 closed out — a net gain of 15 holders — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Endeavour Capital Advisors, opening a new position worth an estimated $8.82M. The largest seller was Wellington Management Group, cutting an estimated $8.62M.
- 146 institutional investors held Banc of California (BANC) as of Q1 2021, up from 133 in Q4 2020.
- Funds reported $857M of Banc of California stock for Q1 2021, up 28% quarter-over-quarter.
- 29 funds opened new Banc of California positions in Q1 2021 and 14 closed out, a net change of +15 holders.
- The largest Banc of California buyer in Q1 2021 was Endeavour Capital Advisors, an estimated $8.82M added.
- The largest Banc of California seller in Q1 2021 was Wellington Management Group, an estimated $8.62M sold.
Based on aggregated 13F filings for Q1 2021.