Latest BANC FUNDS CO LLC Stock Portfolio

BANC FUNDS CO LLC Performance:

2024 Q3: 10.22%YTD: 3.36%2023: 0.48%

Performance for 2024 Q3 is 10.22%, and YTD is 3.36%, and 2023 is 0.48%.

About BANC FUNDS CO LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, BANC FUNDS CO LLC reported an equity portfolio of $921.4 Millions as of 30 Sep, 2024.

The top stock holdings of BANC FUNDS CO LLC are UNTY, OSBC, . The fund has invested 3.1% of it's portfolio in UNITY BANCORP, INC. and 3% of portfolio in OLD SECOND BANCORP, INC.

The fund managers got completely rid off CALIFORNIA BANCORP (CALB), PROVIDENT FINANCIAL SERVICES, INC. (PFS) and CAMBRIDGE BANCORP (CATC) stocks. They significantly reduced their stock positions in BANK OF THE JAMES FINANCIAL GROUP, INC. (BOTJ), BCB BANCORP, INC. (BCBP) and DIME COMMUNITY BANCSHARES, INC. (DCOM). BANC FUNDS CO LLC opened new stock positions in BREMER FINANCIAL CORPORATION, AMERANT BANCORP INC. (AMTB) and RENASANT CORPORATION (RNST). The fund showed a lot of confidence in some stocks as they added substantially to CALIFORNIA BANCORP., BLUE RIDGE BANKSHARES, INC. (BRBS) and PRINCETON BANCORP, INC. (BPRN).

BANC FUNDS CO LLC Annual Return Estimates Vs S&P 500

Our best estimate is that BANC FUNDS CO LLC made a return of 10.22% in the last quarter. In trailing 12 months, it's portfolio return was 18.42%.

New Buys

Ticker	$ Bought
bremer financial corporation	4,166,700
amerant bancorp inc.	3,419,200
renasant corporation	1,523,440
midwestone financial group, inc.	1,426,500
dogwood state bank	1,056,700

New stocks bought by BANC FUNDS CO LLC

Additions

Ticker	% Inc.
california bancorp.	288
white river bancshares company	95.87
blue ridge bankshares, inc.	79.55
endeavor bancorp	30.53
summit bank group, inc.	29.77
studio bank	10.9
princeton bancorp, inc.	10.26
private bancorp of america, inc.	5.51

Additions to existing portfolio by BANC FUNDS CO LLC

Reductions

Ticker	% Reduced
bank of the james financial group, inc.	-62.48
bcb bancorp, inc.	-56.18
dime community bancshares, inc.	-44.17
hbt financial, inc.	-42.92
es bancshares, inc.	-41.81
oak valley bancorp	-39.56
cashmere valley bank	-38.89
heritage commerce corp	-36.35

BANC FUNDS CO LLC reduced stake in above stock

Sold off

Ticker	$ Sold
california bancorp	-14,174,900
provident financial services, inc.	-8,142,920
cornerstone financial corporation	-1,008,000
community first bancorporation	-1,076,560
silvercrest asset management group inc.	-2,041,010
cambridge bancorp	-4,902,040
open lending corporation	-190,948

BANC FUNDS CO LLC got rid off the above stocks

Sector Distribution

BANC FUNDS CO LLC has about 58.6% of it's holdings in Financial Services sector.

Sector	%
Financial Services	58.6
Others	38.9
	2.3

Market Cap. Distribution

BANC FUNDS CO LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	38.9
SMALL-CAP	37.5
MICRO-CAP	19.7
MID-CAP	4

Stocks belong to which Index?

About 51.8% of the stocks held by BANC FUNDS CO LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	51.8
Others	48.2

Top 5 Winners (%)		%
TBBK	the bancorp, inc.	41.2 %
LOB	live oak bancshares	35.1 %
MPB	mid penn bank	34.7 %
DCOM	dime community bancshares, inc.	33.0 %
CNOB	connectone bancorp, inc.	32.2 %

Top 5 Winners ($)		$
UNTY	unity bancorp, inc.	4.2 M
CFB	crossfirst bankshares, inc.	3.8 M
FBIZ	first business financial services, inc.	3.7 M
MPB	mid penn bank	3.5 M
CBAN	colony bankcorp inc.	3.4 M

Top 5 Losers (%)		%
SBT	sterling bancorp, inc.	-13.0 %
FFWM	first foundation inc.	-4.7 %
TBK	triumph bancorp, inc.	-2.3 %
RNST	renasant corporation	-1.4 %
AMTB	amerant bancorp inc.	-1.4 %

Top 5 Losers ($)		$
TBK	triumph bancorp, inc.	-0.5 M
FFWM	first foundation inc.	-0.4 M
SBT	sterling bancorp, inc.	-0.3 M
AMTB	amerant bancorp inc.	0.0 M
RNST	renasant corporation	0.0 M

BANC FUNDS CO LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of BANC FUNDS CO LLC

BANC FUNDS CO LLC has 125 stocks in it's portfolio. About 24.2% of the portfolio is in top 10 stocks. TBK proved to be the most loss making stock for the portfolio. UNTY was the most profitable stock for BANC FUNDS CO LLC last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALRS	alerus financial corporation	1.35	543,586	12,437,200	unchanged	0.00

AMTB	amerant bancorp inc.	0.37	160,000	3,419,200	new

BAFN	bayfirst financial corp.	0.21	150,272	1,976,080	unchanged	0.00

BANC	banc of california, inc.	1.68	1,053,630	15,520,000	unchanged	0.00

BCBP	bcb bancorp, inc.	0.05	36,437	449,633	reduced	-56.18

BCTF	bancorp 34, inc.	0.20	162,857	1,820,740	unchanged	0.00

BFST	business first bancshares, inc.	1.29	462,494	11,872,200	reduced	-5.23

BOTJ	bank of the james financial group, inc.	0.03	23,029	316,418	reduced	-62.48

BPRN	princeton bancorp, inc.	1.37	340,716	12,599,700	added	10.26

BRBS	blue ridge bankshares, inc.	0.65	2,130,720	5,966,020	added	79.55

BSRR	sierra bancorp	1.16	369,283	10,664,900	reduced	-14.21

BSVN	bank7 corp	1.24	305,136	11,433,400	reduced	-9.08

BWB	bridgewater bancshares, inc.	0.18	119,479	1,693,020	reduced	-12.46

BWFG	bankwell financial group, inc.	0.92	282,623	8,464,560	unchanged	0.00

BY	byline bancorp, inc.	0.28	96,890	2,593,740	reduced	-16.17

CALB	california bancorp	0.00	0.00	0.00	sold off	-100

CATC	cambridge bancorp	0.00	0.00	0.00	sold off	-100

CBAN	colony bankcorp inc.	1.66	983,813	15,268,800	reduced	-6.78

CBNK	capital bancorp, inc.	0.07	24,022	617,606	unchanged	0.00

CCNE	cnb financial corporation	1.26	481,576	11,586,700	reduced	-3.14