Banc of California
BANC
261 hedge funds and large institutions have $2B invested in Banc of California in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 100 increasing their positions, 80 reducing their positions, and 38 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 80
21% more call options, than puts
Call options by funds: $26.7M | Put options by funds: $22.1M
4.48% more ownership
Funds ownership: 94.59% → 99.08% (+4.5%)
4% less funds holding
Funds holding: 273 → 261 (-12)
11% less capital invested
Capital invested by funds: $2.26B → $2B (-$255M)
24% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 38
31% less funds holding in top 10
Funds holding in top 10: 16 → 11 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$112M |
| 2 |
Goldman Sachs
New York
|
+$38.1M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$36.6M |
| 4 |
RA
Royce & Associates
New York
|
+$21.4M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$44.3M |
| 2 |
Millennium Management
New York
|
-$22.5M |
| 3 |
SIG
Senator Investment Group
New York
|
-$16M |
| 4 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$16M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$14.3M |
BANC Hedge Fund Activity: Q2 2024 in Review
261 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q2 2024, worth a combined $2B — down 11% from $2.26B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BANC and 29 opened new positions — a net loss of 9 holders — while 80 trimmed existing stakes and 100 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $112M. The largest seller was Azora Capital LP, exiting entirely with an estimated $44.3M sold.
- 261 institutional investors held Banc of California (BANC) as of Q2 2024, down from 273 in Q1 2024.
- Funds reported $2B of Banc of California stock for Q2 2024, down 11% quarter-over-quarter.
- 29 funds opened new Banc of California positions in Q2 2024 and 38 closed out, a net change of -9 holders.
- The largest Banc of California buyer in Q2 2024 was T. Rowe Price Investment Management, an estimated $112M added.
- The largest Banc of California seller in Q2 2024 was Azora Capital LP, an estimated $44.3M sold.
Based on aggregated 13F filings for Q2 2024.