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Banc of California

181 hedge funds and large institutions have $683M invested in Banc of California in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 16

15% more funds holding

Funds holding: 157181 (+24)

11% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 54

1.95% more ownership

Funds ownership: 90.86%92.81% (+1.9%)

15% less capital invested

Capital invested by funds: $802M → $683M (-$120M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

96% less call options, than puts

Call options by funds: $76K | Put options by funds: $1.82M

Holders
181
Holders Change
+24
Holders Change %
+15.29%
% of All Funds
2.88%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
41
Increased
60
Reduced
54
Closed
16
Calls
$76K
Puts
$1.82M
Net Calls
-$1.74M
Net Calls Change
-$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
PTC
126
Petrus Trust Company
Texas
$241K +$311K +19,249 New
PNC Financial Services Group
127
PNC Financial Services Group
Pennsylvania
$238K +$20.2K +1,247 +7%
OPERF
128
Oregon Public Employees Retirement Fund
Oregon
$221K -$15.4K -950 -5%
TRSOTSOK
129
Teachers Retirement System of the State of Kentucky
Kentucky
$216K
State Board of Administration of Florida Retirement System
130
State Board of Administration of Florida Retirement System
Florida
$207K
ASRS
131
Arizona State Retirement System
Arizona
$206K +$7.71K +477 +3%
New York State Teachers Retirement System (NYSTRS)
132
New York State Teachers Retirement System (NYSTRS)
New York
$190K
First Manhattan
133
First Manhattan
New York
$188K
GCM
134
Graham Capital Management
Connecticut
$187K +$241K +14,932 New
SSA
135
Schonfeld Strategic Advisors
New York
$183K +$236K +14,600 New
Man Group
136
Man Group
United Kingdom
$183K
MM
137
MQS Management
New York
$170K +$219K +13,537 New
BCM
138
Bayesian Capital Management
New York
$166K +$214K +13,224 New
Verition Fund Management
139
Verition Fund Management
Connecticut
$165K +$213K +13,162 New
Truist Financial
140
Truist Financial
North Carolina
$157K -$857 -53 -0.4%
CC
141
Centiva Capital
New York
$156K +$201K +12,420 New
BFM
142
Boothbay Fund Management
New York
$156K +$201K +12,414 New
Handelsbanken Fonder
143
Handelsbanken Fonder
Sweden
$152K
VIA
144
Virtus Investment Advisers
Connecticut
$151K -$224K -13,869 -53%
Voloridge Investment Management
145
Voloridge Investment Management
Florida
$145K +$187K +11,573 New
MOACM
146
Mutual of America Capital Management
New York
$142K -$6.82K -422 -4%
Zurich Cantonal Bank
147
Zurich Cantonal Bank
Switzerland
$128K +$49.3K +3,053 +43%
BFIM
148
Beese Fulmer Investment Management
Ohio
$128K
WSCM
149
Wellington Shields Capital Management
New York
$125K
PMEF
150
Point72 Middle East FZE
United Arab Emirates
$124K +$104K +6,459 +190%

BANC Hedge Fund Activity: Q1 2023 in Review

181 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2023, worth a combined $683M — down 15% from $802M a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new BANC positions and 16 closed out — a net gain of 25 holders — while 60 added to existing stakes and 54 trimmed.

The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $12.5M. The largest seller was Patriot Financial Partners, cutting an estimated $21M.

  • 181 institutional investors held Banc of California (BANC) as of Q1 2023, up from 157 in Q4 2022.
  • Funds reported $683M of Banc of California stock for Q1 2023, down 15% quarter-over-quarter.
  • 41 funds opened new Banc of California positions in Q1 2023 and 16 closed out, a net change of +25 holders.
  • The largest Banc of California buyer in Q1 2023 was Neuberger Berman Group, an estimated $12.5M added.
  • The largest Banc of California seller in Q1 2023 was Patriot Financial Partners, an estimated $21M sold.

Based on aggregated 13F filings for Q1 2023.