Banc of California
BANC
163 hedge funds and large institutions have $694M invested in Banc of California in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 57 increasing their positions, 55 reducing their positions, and 25 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 55
2% less capital invested
Capital invested by funds: $709M → $694M (-$14.9M)
5% less funds holding
Funds holding: 171 → 163 (-8)
6.18% less ownership
Funds ownership: 106.16% → 99.98% (-6.2%)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
75% less call options, than puts
Call options by funds: $3.87M | Put options by funds: $15.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.74M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.49M |
| 3 |
LBS
Lawrence B. Seidman
|
+$3.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.76M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$19.3M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$7.71M |
| 3 |
SCM
Shoals Capital Management
Arlington,
Virginia
|
-$7.65M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$7.16M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$6.82M |
BANC Hedge Fund Activity: Q1 2019 in Review
163 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2019, worth a combined $694M — down 2.1% from $709M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BANC and 18 opened new positions — a net loss of 7 holders — while 55 trimmed existing stakes and 57 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $5.74M. The largest seller was Ranger Investment Management, cutting an estimated $19.3M.
- 163 institutional investors held Banc of California (BANC) as of Q1 2019, down from 171 in Q4 2018.
- Funds reported $694M of Banc of California stock for Q1 2019, down 2.1% quarter-over-quarter.
- 18 funds opened new Banc of California positions in Q1 2019 and 25 closed out, a net change of -7 holders.
- The largest Banc of California buyer in Q1 2019 was Dimensional Fund Advisors, an estimated $5.74M added.
- The largest Banc of California seller in Q1 2019 was Ranger Investment Management, an estimated $19.3M sold.
Based on aggregated 13F filings for Q1 2019.