Banc of California
BANC
171 hedge funds and large institutions have $709M invested in Banc of California in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 66 increasing their positions, 50 reducing their positions, and 25 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 50
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
1% less funds holding
Funds holding: 173 → 171 (-2)
6.02% less ownership
Funds ownership: 112.18% → 106.16% (-6%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
33% less capital invested
Capital invested by funds: $1.06B → $709M (-$355M)
77% less call options, than puts
Call options by funds: $2.52M | Put options by funds: $11.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$16.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.36M |
| 4 |
BlackRock
New York
|
+$3.36M |
| 5 |
LBS
Lawrence B. Seidman
|
+$3.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$30.6M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$14.4M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$13.8M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$12.8M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$8.85M |
BANC Hedge Fund Activity: Q4 2018 in Review
171 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q4 2018, worth a combined $709M — down 33% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BANC and 23 opened new positions — a net loss of 2 holders — while 50 trimmed existing stakes and 66 added.
The largest buyer was EJF Capital, adding an estimated $16.3M. The largest seller was Victory Capital Management, cutting an estimated $30.6M.
- 171 institutional investors held Banc of California (BANC) as of Q4 2018, down from 173 in Q3 2018.
- Funds reported $709M of Banc of California stock for Q4 2018, down 33% quarter-over-quarter.
- 23 funds opened new Banc of California positions in Q4 2018 and 25 closed out, a net change of -2 holders.
- The largest Banc of California buyer in Q4 2018 was EJF Capital, an estimated $16.3M added.
- The largest Banc of California seller in Q4 2018 was Victory Capital Management, an estimated $30.6M sold.
Based on aggregated 13F filings for Q4 2018.