Banc of California
BANC
144 hedge funds and large institutions have $715M invested in Banc of California in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 58 increasing their positions, 41 reducing their positions, and 13 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 41
2% more capital invested
Capital invested by funds: $702M → $715M (+$12.5M)
0.5% more ownership
Funds ownership: 99.77% → 100.26% (+0.5%)
4% less funds holding
Funds holding: 150 → 144 (-6)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
75% less call options, than puts
Call options by funds: $991K | Put options by funds: $4.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$8.34M |
| 2 |
Renaissance Technologies
New York
|
+$5.56M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$5.24M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.1M |
| 5 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$9.71M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$6.32M |
| 3 |
JC
JCSD Capital
Walnut Creek,
California
|
-$5.3M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$4.57M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.3M |
BANC Hedge Fund Activity: Q3 2019 in Review
144 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q3 2019, worth a combined $715M — up 1.8% from $702M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BANC and 7 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 58 added.
The largest buyer was Ranger Investment Management, adding an estimated $8.34M. The largest seller was United Services Automobile Association, exiting entirely with an estimated $9.71M sold.
- 144 institutional investors held Banc of California (BANC) as of Q3 2019, down from 150 in Q2 2019.
- Funds reported $715M of Banc of California stock for Q3 2019, up 1.8% quarter-over-quarter.
- 7 funds opened new Banc of California positions in Q3 2019 and 13 closed out, a net change of -6 holders.
- The largest Banc of California buyer in Q3 2019 was Ranger Investment Management, an estimated $8.34M added.
- The largest Banc of California seller in Q3 2019 was United Services Automobile Association, an estimated $9.71M sold.
Based on aggregated 13F filings for Q3 2019.