Banc of California
BANC
273 hedge funds and large institutions have $2.26B invested in Banc of California in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 92 increasing their positions, 85 reducing their positions, and 54 closing their positions.
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
21% more capital invested
Capital invested by funds: $1.86B → $2.26B (+$397M)
6.67% more ownership
Funds ownership: 87.96% → 94.62% (+6.7%)
8% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 85
5% more call options, than puts
Call options by funds: $34.4M | Put options by funds: $32.7M
5% less funds holding
Funds holding: 287 → 273 (-14)
20% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 54
Top Buyers
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$40.5M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$29.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$28.4M |
| 4 |
BlackRock
New York
|
+$26.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$26M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$34.3M |
| 2 |
Goldman Sachs
New York
|
-$29.5M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$23.6M |
| 4 |
BAM
Bayview Asset Management
Coral Gables,
Florida
|
-$9.52M |
| 5 |
Two Sigma Investments
New York
|
-$9.5M |
BANC Hedge Fund Activity: Q1 2024 in Review
273 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q1 2024, worth a combined $2.26B — up 21% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of BANC and 43 opened new positions — a net loss of 11 holders — while 85 trimmed existing stakes and 92 added.
The largest buyer was Azora Capital LP, opening a new position worth an estimated $40.5M. The largest seller was Morgan Stanley, cutting an estimated $34.3M.
- 273 institutional investors held Banc of California (BANC) as of Q1 2024, down from 287 in Q4 2023.
- Funds reported $2.26B of Banc of California stock for Q1 2024, up 21% quarter-over-quarter.
- 43 funds opened new Banc of California positions in Q1 2024 and 54 closed out, a net change of -11 holders.
- The largest Banc of California buyer in Q1 2024 was Azora Capital LP, an estimated $40.5M added.
- The largest Banc of California seller in Q1 2024 was Morgan Stanley, an estimated $34.3M sold.
Based on aggregated 13F filings for Q1 2024.