Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Banc of California Inc (BANC)

309 + 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
↑ +29
Streak
2Q ▲
Buyers last Q
65%

Smart Money Signals — BANC

Based on 311 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BANC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% 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 — +11% more funds vs a year ago

fund count last 6Q
+32 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 65% buying

191 buying105 selling
Last quarter: 191 funds were net buyers (58 opened a brand new position + 133 added to an existing one). Only 105 were sellers (76 trimmed + 29 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter
Funds opening a new BANC position: 38 → 26 → 49 → 58. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 22% medium ■ 19% new
185 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.
💎

Buying through price weakness — shares +10%, value -14%

Value
-13%
Shares
+10%
Last quarter: funds added +10% more shares while total portfolio value only changed -14%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

36 → 38 → 26 → 49 → 58 new funds/Q
New funds entering each quarter: 38 → 26 → 49 → 58. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 68% veterans vs 20% newcomers

■ 68% veterans ■ 12% 1-2yr ■ 20% new
Entry-cohort mix of 323 holders: 219 (68%) are 2+ year veterans, 39 entered 1–2 years ago, and 65 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
52 of 310 holders are among the 100 largest funds by AUM, controlling 47% 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 Q1, 191 hedge funds were net buyers of BANC (58 opened a new position, 133 added to an existing one), while 105 reduced or exited (76 trimmed, 29 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 47% of total institutional value in BANC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +29 funds (more new holders than closures). 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.

Is It Too Late to Buy Banc of California Inc (BANC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BANC has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
BANC
+13.7%
XLF
+1220.3%

BANC outperformed XLF by -1206.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
BANC
+9.9%
XLF
+4.8%

Since the filing became public, BANC outperformed XLF by +5.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 2 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: BANC
309 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 309 282 9.57%
13F Shares 154M 140M 10.19%
Total Value $2.42B $2.80B -13.78%
New Positions 56 49 +7
Increased Positions 132 111 +21
Closed Positions 29 34 -5
Reduced Positions 70 80 -10
Total Calls 5 7 -28.57%
Total Puts 7 7 -
PUT/CALL Ratio 1.4 1.0 Bearish

Statistics: BANC

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Valuation Measures Data as of: --

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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) --
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Institutional Holders (2026 Q1)

309 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PL Capital Advisors, LLC 15.63% 2,949,219 $51.8M
2 Warburg Pincus LLC 13.51% 2,640,244 $46.4M
3 Bayview Asset Management, LLC 4.90% 725,000 $12.7M
4 Petiole USA ltd 4.88% 397,167 $7.0M
5 Tiptree Advisors, LLC 3.57% 350,340 $6.2M
6 Salzhauer Michael 3.32% 588,756 $7.1M
7 Orchard Capital Management, LLC 3.26% 177,885 $3.1M
8 EJF Capital LP 2.96% 238,943 $4.2M
9 Black Maple Capital Management LP 2.44% 249,621 $4.4M
10 Hodges Capital Management Inc. 2.13% 1,462,302 $25.7M
11 Mendon Capital Advisors Corp 1.87% 275,000 $4.8M
12 Banc Funds Co LLC 1.70% 519,738 $9.1M
13 Penn Capital Management Company, LLC 1.66% 1,213,010 $21.4M
14 Endeavour Capital Advisors Inc 1.47% 367,538 $6.5M
15 Sippican Capital Advisors 1.46% 121,420 $2.1M
16 Gator Capital Management, LLC 1.26% 349,860 $6.2M
17 North Reef Capital Management LP 0.91% 1,500,000 $26.4M
18 Pvg Asset Management Corp 0.90% 77,175 $1.5M
19 LuminArx Capital Management LP 0.65% 50,000 $879K
20 First Dallas Securities Inc. 0.46% 70,475 $1.2M
21 Watershed Asset Management, L.L.C. 0.44% 24,355 $428K
22 Campbell & CO Investment Adviser LLC 0.41% 414,048 $7.3M
23 Oliver Luxxe Assets LLC 0.40% 153,833 $2.7M
24 Polar Asset Management Partners Inc. 0.40% 1,127,558 $19.8M
25 Cutler Capital Management, LLC 0.38% 79,550 $1.4M
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?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BANC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BANC?

More buyers than sellers — 65% buying: Last quarter: 191 funds were net buyers (58 opened a brand new position + 133 added to an existing one). Only 105 were sellers (76 trimmed + 29 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BANC holders?

Elite ownership — 47% AUM from top-100 funds: 52 of 310 holders are among the 100 largest funds by AUM, controlling 47% 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?

59% of holders stayed for 2+ years: 185 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.

Is it too late to buy Banc of California Inc (BANC) following the 2026 Q1 hedge fund 13F filings?

As of today, BANC has moved +9.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of +5.1%. Since the quarter end (March 31, 2026), BANC has gained +13.7% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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