Banc of California
BANC
204 hedge funds and large institutions have $821M invested in Banc of California in 2016 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 70 increasing their positions, 70 reducing their positions, and 28 closing their positions.
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
6.68% more ownership
Funds ownership: 89% → 95.68% (+6.7%)
5% more funds holding
Funds holding: 195 → 204 (+9)
4% more capital invested
Capital invested by funds: $792M → $821M (+$29.8M)
0% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 70
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
37% less call options, than puts
Call options by funds: $6.74M | Put options by funds: $10.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$29.7M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$18.8M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$14.4M |
| 4 |
CCI
Columbus Circle Investors
|
+$11.9M |
| 5 |
Millennium Management
New York
|
+$9.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$33.1M |
| 2 |
Morgan Stanley
New York
|
-$7.36M |
| 3 |
QI
QS Investors
New York
|
-$5.06M |
| 4 |
HIS
Horizon Investment Services
Hammond,
Indiana
|
-$4.54M |
| 5 |
Renaissance Technologies
New York
|
-$4.28M |
BANC Hedge Fund Activity: Q3 2016 in Review
204 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2016, worth a combined $821M — up 3.8% from $792M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BANC positions and 28 closed out — a net gain of 9 holders — while 70 added to existing stakes and 70 trimmed.
The largest buyer was Glenmede Trust, opening a new position worth an estimated $29.7M. The largest seller was Forest Hill Capital, cutting an estimated $33.1M.
- 204 institutional investors held Banc of California (BANC) as of Q3 2016, up from 195 in Q2 2016.
- Funds reported $821M of Banc of California stock for Q3 2016, up 3.8% quarter-over-quarter.
- 37 funds opened new Banc of California positions in Q3 2016 and 28 closed out, a net change of +9 holders.
- The largest Banc of California buyer in Q3 2016 was Glenmede Trust, an estimated $29.7M added.
- The largest Banc of California seller in Q3 2016 was Forest Hill Capital, an estimated $33.1M sold.
Based on aggregated 13F filings for Q3 2016.