Banc of California
BANC
168 hedge funds and large institutions have $994M invested in Banc of California in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 68 reducing their positions, and 20 closing their positions.
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
1.54% less ownership
Funds ownership: 94.38% → 92.84% (-1.5%)
2% less funds holding
Funds holding: 171 → 168 (-3)
12% less capital invested
Capital invested by funds: $1.13B → $994M (-$140M)
41% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 68
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $518K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$4.56M |
| 2 |
JP Morgan Chase
New York
|
+$2.45M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$2.28M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.03M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$7.86M |
| 2 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$7.57M |
| 3 |
Millennium Management
New York
|
-$5.58M |
| 4 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$4.72M |
| 5 |
BlackRock
New York
|
-$4.34M |
BANC Hedge Fund Activity: Q2 2022 in Review
168 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2022, worth a combined $994M — down 12% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BANC positions and 20 closed out — a net gain of 4 holders — while 40 added to existing stakes and 68 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $4.56M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $7.86M.
- 168 institutional investors held Banc of California (BANC) as of Q2 2022, down from 171 in Q1 2022.
- Funds reported $994M of Banc of California stock for Q2 2022, down 12% quarter-over-quarter.
- 24 funds opened new Banc of California positions in Q2 2022 and 20 closed out, a net change of +4 holders.
- The largest Banc of California buyer in Q2 2022 was Curi RMB Capital, an estimated $4.56M added.
- The largest Banc of California seller in Q2 2022 was DePrince Race & Zollo Inc (DRZ), an estimated $7.86M sold.
Based on aggregated 13F filings for Q2 2022.