Banc of California
BANC
168 hedge funds and large institutions have $596M invested in Banc of California in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 60 increasing their positions, 66 reducing their positions, and 28 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 66
3.54% less ownership
Funds ownership: 92.81% → 89.27% (-3.5%)
7% less funds holding
Funds holding: 181 → 168 (-13)
13% less capital invested
Capital invested by funds: $683M → $596M (-$86.8M)
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
95% less call options, than puts
Call options by funds: $90K | Put options by funds: $1.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$13.6M |
| 2 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
+$4.53M |
| 3 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$4.34M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$3.22M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.68M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$6.36M |
| 4 |
BlackRock
New York
|
-$4.5M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$3.16M |
BANC Hedge Fund Activity: Q2 2023 in Review
168 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2023, worth a combined $596M — down 13% from $683M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BANC and 16 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 60 added.
The largest buyer was Kennedy Capital Management, adding an estimated $13.6M. The largest seller was Wellington Management Group, cutting an estimated $28.4M.
- 168 institutional investors held Banc of California (BANC) as of Q2 2023, down from 181 in Q1 2023.
- Funds reported $596M of Banc of California stock for Q2 2023, down 13% quarter-over-quarter.
- 16 funds opened new Banc of California positions in Q2 2023 and 28 closed out, a net change of -12 holders.
- The largest Banc of California buyer in Q2 2023 was Kennedy Capital Management, an estimated $13.6M added.
- The largest Banc of California seller in Q2 2023 was Wellington Management Group, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2023.