Banc of California
BANC
135 hedge funds and large institutions have $502M invested in Banc of California in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 57 reducing their positions, and 18 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more capital invested
Capital invested by funds: $397M → $502M (+$105M)
9% more call options, than puts
Call options by funds: $3.58M | Put options by funds: $3.27M
1% less funds holding
Funds holding: 137 → 135 (-2)
4.58% less ownership
Funds ownership: 98.3% → 93.72% (-4.6%)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
33% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$3.37M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$1.14M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$1.11M |
| 4 |
Squarepoint
New York
|
+$556K |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$12.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.56M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.4M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$2.63M |
| 5 |
BlackRock
New York
|
-$1.98M |
BANC Hedge Fund Activity: Q2 2020 in Review
135 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2020, worth a combined $502M — up 26% from $397M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BANC and 16 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 38 added.
The largest buyer was Monarch Partners Asset Management, adding an estimated $3.37M. The largest seller was Victory Capital Management, cutting an estimated $12.3M.
- 135 institutional investors held Banc of California (BANC) as of Q2 2020, down from 137 in Q1 2020.
- Funds reported $502M of Banc of California stock for Q2 2020, up 26% quarter-over-quarter.
- 16 funds opened new Banc of California positions in Q2 2020 and 18 closed out, a net change of -2 holders.
- The largest Banc of California buyer in Q2 2020 was Monarch Partners Asset Management, an estimated $3.37M added.
- The largest Banc of California seller in Q2 2020 was Victory Capital Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2020.