Banc of California
BANC
143 hedge funds and large institutions have $888M invested in Banc of California in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 44 reducing their positions, and 12 closing their positions.
89% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $6.83M
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
24% more capital invested
Capital invested by funds: $715M → $888M (+$174M)
20% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 44
2.32% more ownership
Funds ownership: 100.26% → 102.59% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1% less funds holding
Funds holding: 144 → 143 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$12.7M |
| 2 |
Millennium Management
New York
|
+$8.44M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$6.97M |
| 4 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$4.92M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$23.8M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$6.04M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$4.18M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$3.33M |
| 5 |
QI
QS Investors
New York
|
-$2.75M |
BANC Hedge Fund Activity: Q4 2019 in Review
143 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q4 2019, worth a combined $888M — up 24% from $715M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BANC positions and 12 closed out — a net gain of 4 holders — while 53 added to existing stakes and 44 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $12.7M. The largest seller was EJF Capital, exiting entirely with an estimated $23.8M sold.
- 143 institutional investors held Banc of California (BANC) as of Q4 2019, down from 144 in Q3 2019.
- Funds reported $888M of Banc of California stock for Q4 2019, up 24% quarter-over-quarter.
- 16 funds opened new Banc of California positions in Q4 2019 and 12 closed out, a net change of +4 holders.
- The largest Banc of California buyer in Q4 2019 was Victory Capital Management, an estimated $12.7M added.
- The largest Banc of California seller in Q4 2019 was EJF Capital, an estimated $23.8M sold.
Based on aggregated 13F filings for Q4 2019.