Banc of California
BANC
183 hedge funds and large institutions have $730M invested in Banc of California in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 59 increasing their positions, 62 reducing their positions, and 19 closing their positions.
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
23% more capital invested
Capital invested by funds: $596M → $730M (+$135M)
14.22% more ownership
Funds ownership: 89.27% → 103.49% (+14%)
9% more funds holding
Funds holding: 168 → 183 (+15)
5% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 62
90% less call options, than puts
Call options by funds: $1.43M | Put options by funds: $14.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$17.4M |
| 2 |
SIG
Senator Investment Group
New York
|
+$9.86M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$9.81M |
| 4 |
Goldman Sachs
New York
|
+$9.63M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$6.06M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.66M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$3.21M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.18M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Point72 Asset Management
Stamford,
Connecticut
| – | -$8.73K | -754 | Closed |
|
BANC Hedge Fund Activity: Q3 2023 in Review
183 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2023, worth a combined $730M — up 23% from $596M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BANC positions and 19 closed out — a net gain of 15 holders — while 59 added to existing stakes and 62 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $17.4M. The largest seller was Thompson Siegel & Walmsley, cutting an estimated $6.06M.
- 183 institutional investors held Banc of California (BANC) as of Q3 2023, up from 168 in Q2 2023.
- Funds reported $730M of Banc of California stock for Q3 2023, up 23% quarter-over-quarter.
- 34 funds opened new Banc of California positions in Q3 2023 and 19 closed out, a net change of +15 holders.
- The largest Banc of California buyer in Q3 2023 was FJ Capital Management, an estimated $17.4M added.
- The largest Banc of California seller in Q3 2023 was Thompson Siegel & Walmsley, an estimated $6.06M sold.
Based on aggregated 13F filings for Q3 2023.