Banc of California
BANC
174 hedge funds and large institutions have $1.16B invested in Banc of California in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 60 increasing their positions, 60 reducing their positions, and 31 closing their positions.
1.01% more ownership
Funds ownership: 118.95% → 119.96% (+1%)
0% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 60
6% less capital invested
Capital invested by funds: $1.23B → $1.16B (-$72.7M)
9% less funds holding
Funds holding: 192 → 174 (-18)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
58% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 31
64% less call options, than puts
Call options by funds: $6.2M | Put options by funds: $17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$17.6M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$12.3M |
| 3 |
Millennium Management
New York
|
+$10M |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$9.75M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$7.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Endicott Management
New York
|
-$20.6M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$12.9M |
| 3 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$8.15M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$6.42M |
| 5 |
BlackRock
New York
|
-$5.27M |
BANC Hedge Fund Activity: Q1 2018 in Review
174 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2018, worth a combined $1.16B — down 5.9% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BANC and 13 opened new positions — a net loss of 18 holders — while 60 trimmed existing stakes and 60 added.
The largest buyer was Victory Capital Management, adding an estimated $17.6M. The largest seller was Endicott Management, exiting entirely with an estimated $20.6M sold.
- 174 institutional investors held Banc of California (BANC) as of Q1 2018, down from 192 in Q4 2017.
- Funds reported $1.16B of Banc of California stock for Q1 2018, down 5.9% quarter-over-quarter.
- 13 funds opened new Banc of California positions in Q1 2018 and 31 closed out, a net change of -18 holders.
- The largest Banc of California buyer in Q1 2018 was Victory Capital Management, an estimated $17.6M added.
- The largest Banc of California seller in Q1 2018 was Endicott Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q1 2018.