BayCom
BCML
69 hedge funds and large institutions have $118M invested in BayCom in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 9 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
1.78% less ownership
Funds ownership: 55.46% → 53.68% (-1.8%)
7% less funds holding
Funds holding: 74 → 69 (-5)
8% less capital invested
Capital invested by funds: $128M → $118M (-$10.6M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.89M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.17M |
| 3 |
Millennium Management
New York
|
+$995K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$624K |
| 5 |
RA
Royce & Associates
New York
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$6.8M |
| 2 |
QIM
Quest Investment Management
Lake Oswego,
Oregon
|
-$2.6M |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$1.52M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$606K |
| 5 |
First Manhattan
New York
|
-$479K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$101K | -5,323 | Closed |
|
77
Rockefeller Capital Management
New York
| – | -$60K | -3,198 | Closed |
|
|
ACM
78
Aquatic Capital Management
Chicago,
Illinois
| – | -$15K | -800 | Closed |
|
BCML Hedge Fund Activity: Q1 2023 in Review
69 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BayCom (BCML) for Q1 2023, worth a combined $118M — down 8.3% from $128M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BCML and 4 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 28 added.
The largest buyer was Wellington Management Group, adding an estimated $3.89M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $6.8M sold.
- 69 institutional investors held BayCom (BCML) as of Q1 2023, down from 74 in Q4 2022.
- Funds reported $118M of BayCom stock for Q1 2023, down 8.3% quarter-over-quarter.
- 4 funds opened new BayCom positions in Q1 2023 and 9 closed out, a net change of -5 holders.
- The largest BayCom buyer in Q1 2023 was Wellington Management Group, an estimated $3.89M added.
- The largest BayCom seller in Q1 2023 was Basswood Capital Management, an estimated $6.8M sold.
Based on aggregated 13F filings for Q1 2023.