Banc of California
BANC
192 hedge funds and large institutions have $1.23B invested in Banc of California in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 74 reducing their positions, and 24 closing their positions.
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 190 → 192 (+2)
6% less capital invested
Capital invested by funds: $1.31B → $1.23B (-$80.7M)
7.54% less ownership
Funds ownership: 126.49% → 118.95% (-7.5%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
27% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 74
38% less call options, than puts
Call options by funds: $19.2M | Put options by funds: $31.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$12.6M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$11.8M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$6.64M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$6.49M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$25.6M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$25.4M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$14.2M |
| 4 |
CP
Clover Partners
Dallas,
Texas
|
-$10.8M |
| 5 |
6CM
683 Capital Management
New York
|
-$7.85M |
BANC Hedge Fund Activity: Q4 2017 in Review
192 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q4 2017, worth a combined $1.23B — down 6.1% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BANC positions and 24 closed out — a net gain of 3 holders — while 54 added to existing stakes and 74 trimmed.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $12.6M. The largest seller was Millennium Management, cutting an estimated $25.6M.
- 192 institutional investors held Banc of California (BANC) as of Q4 2017, up from 190 in Q3 2017.
- Funds reported $1.23B of Banc of California stock for Q4 2017, down 6.1% quarter-over-quarter.
- 27 funds opened new Banc of California positions in Q4 2017 and 24 closed out, a net change of +3 holders.
- The largest Banc of California buyer in Q4 2017 was Westwood Holdings Group, an estimated $12.6M added.
- The largest Banc of California seller in Q4 2017 was Millennium Management, an estimated $25.6M sold.
Based on aggregated 13F filings for Q4 2017.