Banc of California
BANC
168 hedge funds and large institutions have $667M invested in Banc of California in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 61 increasing their positions, 38 reducing their positions, and 15 closing their positions.
240% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 15
160% more call options, than puts
Call options by funds: $3.37M | Put options by funds: $1.29M
61% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 38
59% more capital invested
Capital invested by funds: $419M → $667M (+$249M)
25% more funds holding
Funds holding: 134 → 168 (+34)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11.65% more ownership
Funds ownership: 75.79% → 87.45% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$28.4M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$16.7M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$11.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.09M |
| 5 |
Bank of New York Mellon
New York
|
+$8.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$15.3M |
| 2 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$5.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.16M |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$3.18M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$2.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
176
Highlander Capital Management
Short Hills,
New Jersey
| – | -$184K | -12,600 | Closed |
|
177
Arrowstreet Capital
Boston,
Massachusetts
| – | -$149K | -10,212 | Closed |
|
|
PCM
178
Prelude Capital Management
New York
| – | -$101K | -6,900 | Closed |
|
179
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$70K | -4,800 | Closed |
|
|
HNB
180
Huntington National Bank
Columbus,
Ohio
| – | -$22K | -1,502 | Closed |
|
181
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$22K | -1,496 | Closed |
|
182
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7K | -473 | Closed |
|
|
IA
183
IFP Advisors
Tampa,
Florida
| – | -$4K | -261 | Closed |
|
BANC Hedge Fund Activity: Q1 2016 in Review
168 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2016, worth a combined $667M — up 59% from $419M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new BANC positions and 15 closed out — a net gain of 36 holders — while 61 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $28.4M. The largest seller was Oaktree Capital Management, cutting an estimated $15.3M.
- 168 institutional investors held Banc of California (BANC) as of Q1 2016, up from 134 in Q4 2015.
- Funds reported $667M of Banc of California stock for Q1 2016, up 59% quarter-over-quarter.
- 51 funds opened new Banc of California positions in Q1 2016 and 15 closed out, a net change of +36 holders.
- The largest Banc of California buyer in Q1 2016 was BlackRock Fund Advisors, an estimated $28.4M added.
- The largest Banc of California seller in Q1 2016 was Oaktree Capital Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2016.