BayCom
BCML
69 hedge funds and large institutions have $118M invested in BayCom in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 9 closing their positions.
17% more capital inflows, than outflows
Capital inflows: $17.8M | Capital outflows: $15.2M
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
1.62% more ownership
Funds ownership: 52.06% → 53.68% (+1.6%)
5% less funds holding
Funds holding: 73 → 69 (-4)
44% less first-time investments, than exits
New positions opened: 5 | 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 |
Royce & Associates
New York
|
+$573K |
| 5 |
Baker Avenue Asset Management
San Francisco,
California
|
+$552K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Basswood Capital Management
New York
|
-$6.8M |
| 2 |
Quest Investment Management
Lake Oswego,
Oregon
|
-$2.6M |
| 3 |
PL Capital Advisors
Naples,
Florida
|
-$1.52M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$606K |
| 5 |
First Manhattan
New York
|
-$479K |
BCML Hedge Fund Activity: Q1 2023 in Review
69 of the 6,289 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 5 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 27 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 73 in Q4 2022.
- Funds reported $118M of BayCom stock for Q1 2023, down 8.3% quarter-over-quarter.
- 5 funds opened new BayCom positions in Q1 2023 and 9 closed out, a net change of -4 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.