Banc of California
BANC
157 hedge funds and large institutions have $889M invested in Banc of California in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 59 increasing their positions, 47 reducing their positions, and 25 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 47
0.71% more ownership
Funds ownership: 92.84% → 93.55% (+0.71%)
7% less funds holding
Funds holding: 168 → 157 (-11)
11% less capital invested
Capital invested by funds: $994M → $889M (-$105M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.31M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.19M |
| 3 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$3.16M |
| 4 |
JAM
Jacobs Asset Management
New York
|
+$3.13M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$15.8M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$7.28M |
| 3 |
JP Morgan Chase
New York
|
-$3.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.05M |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$2.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
176
PEAK6 Investments
Chicago,
Illinois
| – | -$34.7K | -3,000 | Closed |
|
177
Simplex Trading
Chicago,
Illinois
| – | -$12K | -712 | Closed |
|
|
GWM
178
Geneos Wealth Management
Englewood,
Colorado
| – | -$7K | -429 | Closed |
|
BANC Hedge Fund Activity: Q3 2022 in Review
157 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2022, worth a combined $889M — down 11% from $994M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BANC and 14 opened new positions — a net loss of 11 holders — while 47 trimmed existing stakes and 59 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $3.31M. The largest seller was FJ Capital Management, cutting an estimated $15.8M.
- 157 institutional investors held Banc of California (BANC) as of Q3 2022, down from 168 in Q2 2022.
- Funds reported $889M of Banc of California stock for Q3 2022, down 11% quarter-over-quarter.
- 14 funds opened new Banc of California positions in Q3 2022 and 25 closed out, a net change of -11 holders.
- The largest Banc of California buyer in Q3 2022 was Thrivent Financial for Lutherans, an estimated $3.31M added.
- The largest Banc of California seller in Q3 2022 was FJ Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2022.