Banc of California
BANC
198 hedge funds and large institutions have $1.3B invested in Banc of California in 2017 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 66 increasing their positions, 74 reducing their positions, and 23 closing their positions.
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
12% more capital invested
Capital invested by funds: $1.15B → $1.3B (+$142M)
8.28% more ownership
Funds ownership: 112.36% → 120.64% (+8.3%)
2% more funds holding
Funds holding: 195 → 198 (+3)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
11% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 74
62% less call options, than puts
Call options by funds: $18M | Put options by funds: $47.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.5M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$34.5M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$33.7M |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$9.66M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28.5M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$23.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$11.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.97M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$6.5M |
BANC Hedge Fund Activity: Q2 2017 in Review
198 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2017, worth a combined $1.3B — up 12% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BANC positions and 23 closed out — a net gain of 4 holders — while 66 added to existing stakes and 74 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $57.5M. The largest seller was Vanguard Group, cutting an estimated $28.5M.
- 198 institutional investors held Banc of California (BANC) as of Q2 2017, up from 195 in Q1 2017.
- Funds reported $1.3B of Banc of California stock for Q2 2017, up 12% quarter-over-quarter.
- 27 funds opened new Banc of California positions in Q2 2017 and 23 closed out, a net change of +4 holders.
- The largest Banc of California buyer in Q2 2017 was Wellington Management Group, an estimated $57.5M added.
- The largest Banc of California seller in Q2 2017 was Vanguard Group, an estimated $28.5M sold.
Based on aggregated 13F filings for Q2 2017.