Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Banc of California Inc (BANC)

305 + Investors. Track Smart Money conviction in BANC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
54%

Smart Money Signals — BANC

Based on 311 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BANC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
311 hedge funds hold BANC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+27 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

168 buying145 selling
Last quarter: 168 funds bought or added vs 145 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 26 → 50 → 58 → 47. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 18% new
195 out of 311 hedge funds have held BANC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +28% but shares only +6% — price-driven

Value
+28%
Shares
+6%
Last quarter: the total dollar value of institutional holdings rose +28%, but actual share count only changed +6%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

39 → 26 → 50 → 58 → 47 new funds/Q
New funds entering each quarter: 26 → 50 → 58 → 47. A growing number of institutions are discovering BANC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 19% newcomers

■ 71% veterans ■ 10% 1-2yr ■ 19% new
Entry-cohort mix of 323 holders: 229 (71%) are 2+ year veterans, 32 entered 1–2 years ago, and 62 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
55 of 307 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in BANC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BANC

In 2026 Q2, 168 hedge funds were net buyers of BANC (47 opened a new position, 121 added to an existing one), while 145 reduced or exited (96 trimmed, 49 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 68% of total institutional value in BANC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 311.

Hedge Fund Ownership: BANC

How many hedge funds hold BANC — quarterly history vs. share price
Quarterly hedge fund ownership of BANC vs. share price

Market Analysis: BANC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BANC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 3 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
3.1
/ 10
conviction
Hedge Fund Positioning: BANC
305 + Investors

Track Smart Money conviction in BANC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 305 313 -2.56%
13F Shares 160M 154M 3.8%
Total Value $2.92B $2.42B 20.58%
New Positions 47 58 -11
Increased Positions 117 134 -17
Closed Positions 51 28 +23
Reduced Positions 93 70 +23
Total Calls 8 5 60.0%
Total Puts 7 7 -
PUT/CALL Ratio 0.88 1.4 Neutral

Statistics: BANC

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

305 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BANC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BANC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PL Capital Advisors, LLC 13.91% 2,449,219 $50.0M
2 Petiole USA ltd 5.83% 397,168 $8.1M
3 Tiptree Advisors, LLC 4.42% 350,340 $7.2M
4 Salzhauer Michael 3.27% 468,559 $9.6M
5 Orchard Capital Management, LLC 2.93% 147,413 $3.0M
6 EJF Capital LP 2.77% 202,967 $4.1M
7 Mendon Capital Advisors Corp 2.75% 381,273 $7.8M
8 PMC FIG Opportunities LLC 2.50% 76,742 $1.6M
9 Hodges Capital Management Inc. 1.82% 1,345,846 $27.5M
10 Banc Funds Co LLC 1.75% 519,738 $10.6M
11 Penn Capital Management Company, LLC 1.56% 1,199,061 $24.5M
12 Gator Capital Management, LLC 1.54% 358,765 $7.3M
13 Sippican Capital Advisors 1.51% 121,370 $2.5M
14 Pvg Asset Management Corp 0.91% 77,175 $1.6M
15 Endeavour Capital Advisors Inc 0.61% 145,478 $3.0M
16 Longaeva Partners L.P. 0.47% 1,058,731 $21.6M
17 Basswood Capital Management, L.L.C. 0.47% 576,403 $11.8M
18 Watershed Asset Management, L.L.C. 0.45% 24,355 $498K
19 First Dallas Securities Inc. 0.44% 64,725 $1.3M
20 Cutler Capital Management, LLC 0.43% 80,550 $1.6M
21 Black Maple Capital Management LP 0.42% 36,584 $747K
22 Integrated Quantitative Investments LLC 0.40% 120,855 $2.5M
23 Numerai GP LLC 0.37% 220,921 $4.5M
24 Bridgeway Capital Management, LLC 0.36% 989,663 $20.2M
25 Pinnacle Holdings, LLC 0.34% 54,203 $1.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Banc of California Inc (BANC)

What does the Smart Money Trend signal show for BANC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BANC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BANC?

Slight buying edge — 54% buying: Last quarter: 168 funds bought or added vs 145 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BANC holders?

Elite ownership — 68% AUM from top-100 funds: 55 of 307 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in BANC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BANC?

63% of holders stayed for 2+ years: 195 out of 311 hedge funds have held BANC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →