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Banc of California

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.

New
Increased
Maintained
Reduced
Closed

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: 134168 (+34)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

11.65% more ownership

Funds ownership: 75.79%87.45% (+12%)

Holders
168
Holders Change
+34
Holders Change %
+25.37%
% of All Funds
4.48%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.13%
New
51
Increased
61
Reduced
38
Closed
15
Calls
$3.37M
Puts
$1.29M
Net Calls
+$2.07M
Net Calls Change
+$3.69M
Name Holding Trade Value Shares
Change
Change in
Stake
PFP
1
Patriot Financial Partners
Pennsylvania
$54.3M
BFA
2
BlackRock Fund Advisors
California
$49.5M +$28.4M +1,879,284 +198%
PCA
3
PL Capital Advisors
Florida
$41.4M +$2.26M +150,000 +7%
FHC
4
Forest Hill Capital
Arkansas
$37.6M +$5.28M +350,000 +19%
Vanguard Group
5
Vanguard Group
Pennsylvania
$29.9M +$9.09M +602,593 +54%
LSV Asset Management
6
LSV Asset Management
Illinois
$23.2M +$1.55M +102,600 +8%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$22.5M +$6.26M +414,787 +48%
SFM
8
Systematic Financial Management
New Jersey
$19.3M +$16.7M +1,103,415 New
EM
9
Endicott Management
New York
$17.5M
LCP
10
Lombardia Capital Partners
California
$17M +$7.51M +497,532 +105%
State Street
11
State Street
Massachusetts
$16.1M +$6.02M +399,089 +76%
BIT
12
BlackRock Institutional Trust
California
$16.1M +$2.38M +157,612 +21%
JP Morgan Chase
13
JP Morgan Chase
New York
$15.2M +$496K +32,863 +4%
Ameriprise
14
Ameriprise
Minnesota
$15.1M +$6.73M +445,810 +107%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$14M +$8.49M +562,845 +235%
Renaissance Technologies
16
Renaissance Technologies
New York
$13.7M +$5.49M +364,100 +87%
Principal Financial Group
17
Principal Financial Group
Iowa
$13.2M +$11.4M +755,883 New
AL
18
AJO LP
Pennsylvania
$11.7M +$4.59M +303,867 +84%
Morgan Stanley
19
Morgan Stanley
New York
$9.15M +$7.24M +479,648 +1,107%
Allianz Asset Management
20
Allianz Asset Management
Germany
$8.21M +$4.96M +328,420 +234%
Prudential Financial
21
Prudential Financial
New Jersey
$8.09M +$1.77M +117,500 +34%
PIM
22
Perkins Investment Management
Illinois
$7.44M +$6.42M +425,253 New
Northern Trust
23
Northern Trust
Illinois
$7.32M +$577K +38,214 +10%
QI
24
QS Investors
New York
$7.07M +$2.97M +196,600 +95%
Charles Schwab
25
Charles Schwab
California
$6.79M -$141K -9,367 -2%

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.