Banc of California
BANC
92 hedge funds and large institutions have $308M invested in Banc of California in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 15 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
5% more capital invested
Capital invested by funds: $293M → $308M (+$15M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
5.29% less ownership
Funds ownership: 77.07% → 71.77% (-5.3%)
6% less funds holding
Funds holding: 98 → 92 (-6)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
100% less call options, than puts
Call options by funds: $12K | Put options by funds: $2.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.75M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.22M |
| 3 |
JP Morgan Chase
New York
|
+$939K |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$755K |
| 5 |
State Street
Boston,
Massachusetts
|
+$627K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Consector Capital
New York
|
-$4.43M |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$2.44M |
| 3 |
BAM
Banta Asset Management
Newport Beach,
California
|
-$1.94M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAM
101
Visium Asset Management
New York
| – | -$130K | -11,310 | Closed |
|
|
EMG
102
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$127K | -11,100 | Closed |
|
|
CCS
103
Crosspoint Capital Strategies
Orinda,
California
| – | -$23K | -2,000 | Closed |
|
|
BRWA
104
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$6 | -559 | Closed |
|
|
NFG
105
Next Financial Group
Houston,
Texas
| – | -$5K | -420 | Closed |
|
106
Simplex Trading
Chicago,
Illinois
| – | -$2K | -173 | Closed |
|
107
Group One Trading
Chicago,
Illinois
| – | -$1.12K | -100 | Closed |
|
BANC Hedge Fund Activity: Q1 2015 in Review
92 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2015, worth a combined $308M — up 5.1% from $293M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BANC and 9 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 37 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $2.75M. The largest seller was Consector Capital, cutting an estimated $4.43M.
- 92 institutional investors held Banc of California (BANC) as of Q1 2015, down from 98 in Q4 2014.
- Funds reported $308M of Banc of California stock for Q1 2015, up 5.1% quarter-over-quarter.
- 9 funds opened new Banc of California positions in Q1 2015 and 15 closed out, a net change of -6 holders.
- The largest Banc of California buyer in Q1 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $2.75M added.
- The largest Banc of California seller in Q1 2015 was Consector Capital, an estimated $4.43M sold.
Based on aggregated 13F filings for Q1 2015.