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Banc of California

168 hedge funds and large institutions have $596M invested in Banc of California in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 60 increasing their positions, 66 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

9% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 66

3.54% less ownership

Funds ownership: 92.81%89.27% (-3.5%)

7% less funds holding

Funds holding: 181168 (-13)

13% less capital invested

Capital invested by funds: $683M → $596M (-$86.8M)

43% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 28

95% less call options, than puts

Call options by funds: $90K | Put options by funds: $1.73M

Holders
168
Holders Change
-13
Holders Change %
-7.18%
% of All Funds
2.64%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
16
Increased
60
Reduced
66
Closed
28
Calls
$90K
Puts
$1.73M
Net Calls
-$1.64M
Net Calls Change
+$100K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$95M -$4.5M -389,861 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$43.3M -$664K -57,487 -2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$40.2M -$7.68M -665,475 -16%
PCA
4
PL Capital Advisors
Florida
$39.4M
State Street
5
State Street
Massachusetts
$33.5M +$2.96M +256,847 +10%
PFP
6
Patriot Financial Partners
Pennsylvania
$24.3M -$577K -50,000 -2%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$23.1M +$426K +36,891 +2%
KCM
8
Kennedy Capital Management
Missouri
$18.8M +$13.6M +1,176,525 +263%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$18.1M -$28.4M -2,456,164 -61%
ECA
10
Endeavour Capital Advisors
Connecticut
$17.4M +$307K +26,630 +2%
Victory Capital Management
11
Victory Capital Management
Texas
$12.8M -$128K -11,058 -1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$12.3M +$415K +35,991 +4%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$9.29M +$317K +27,473 +4%
LSV Asset Management
14
LSV Asset Management
Illinois
$8.7M +$1.06M +92,100 +14%
BFC
15
Banc Funds Company
Illinois
$7.84M
Bank of New York Mellon
16
Bank of New York Mellon
New York
$7.36M +$784K +67,912 +12%
State of Wisconsin Investment Board
17
State of Wisconsin Investment Board
Wisconsin
$7.2M -$72.4K -6,269 -1%
Northern Trust
18
Northern Trust
Illinois
$6.66M +$228K +19,748 +4%
FHC
19
Forest Hill Capital
Arkansas
$6.19M
TSW
20
Thompson Siegel & Walmsley
Virginia
$5.52M -$552K -47,846 -9%
American Century Companies
21
American Century Companies
Missouri
$5.29M +$579K +50,175 +12%
Ameriprise
22
Ameriprise
Minnesota
$5.25M -$379K -32,853 -7%
Goldman Sachs
23
Goldman Sachs
New York
$5.21M +$650K +56,325 +14%
SGCIA
24
Smith Graham & Co Investment Advisors
Texas
$5.04M -$223K -19,281 -4%
JP Morgan Chase
25
JP Morgan Chase
New York
$5.02M -$293K -25,350 -6%

BANC Hedge Fund Activity: Q2 2023 in Review

168 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2023, worth a combined $596M — down 13% from $683M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of BANC and 16 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 60 added.

The largest buyer was Kennedy Capital Management, adding an estimated $13.6M. The largest seller was Wellington Management Group, cutting an estimated $28.4M.

  • 168 institutional investors held Banc of California (BANC) as of Q2 2023, down from 181 in Q1 2023.
  • Funds reported $596M of Banc of California stock for Q2 2023, down 13% quarter-over-quarter.
  • 16 funds opened new Banc of California positions in Q2 2023 and 28 closed out, a net change of -12 holders.
  • The largest Banc of California buyer in Q2 2023 was Kennedy Capital Management, an estimated $13.6M added.
  • The largest Banc of California seller in Q2 2023 was Wellington Management Group, an estimated $28.4M sold.

Based on aggregated 13F filings for Q2 2023.