Banc of California
BANC
287 hedge funds and large institutions have $1.86B invested in Banc of California in 2023 Q4 according to their latest regulatory filings, with 128 funds opening new positions, 120 increasing their positions, 25 reducing their positions, and 24 closing their positions.
433% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 24
380% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 25
155% more capital invested
Capital invested by funds: $730M → $1.86B (+$1.13B)
86% more funds holding in top 10
Funds holding in top 10: 7 → 13 (+6)
57% more funds holding
Funds holding: 183 → 287 (+104)
14% less call options, than puts
Call options by funds: $32.4M | Put options by funds: $37.8M
15.53% less ownership
Funds ownership: 103.49% → 87.96% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Warburg Pincus
New York
|
+$193M |
| 2 |
BlackRock
New York
|
+$145M |
| 3 |
CP
Centerbridge Partners
New York
|
+$75.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$65.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$63.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$7.13M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$6.5M |
| 4 |
OFCM
One Fin Capital Management
San Francisco,
California
|
-$5.13M |
| 5 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$4.47M |
BANC Hedge Fund Activity: Q4 2023 in Review
287 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q4 2023, worth a combined $1.86B — up 155% from $730M a quarter earlier.
Buyers outnumbered sellers: 128 funds opened new BANC positions and 24 closed out — a net gain of 104 holders — while 120 added to existing stakes and 25 trimmed.
The largest buyer was Warburg Pincus, opening a new position worth an estimated $193M. The largest seller was Wellington Management Group, cutting an estimated $18.2M.
- 287 institutional investors held Banc of California (BANC) as of Q4 2023, up from 183 in Q3 2023.
- Funds reported $1.86B of Banc of California stock for Q4 2023, up 155% quarter-over-quarter.
- 128 funds opened new Banc of California positions in Q4 2023 and 24 closed out, a net change of +104 holders.
- The largest Banc of California buyer in Q4 2023 was Warburg Pincus, an estimated $193M added.
- The largest Banc of California seller in Q4 2023 was Wellington Management Group, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2023.