BANC FUNDS CO LLC
CIK 0001029311
Annualised vol
4.829754%
Beta
0.045555
HHI
186.052046
Top-10 weight
30.96747%
VaR 95%
0.33085%
VaR 99%
1.018584%
Max drawdown
8.869142%
Matched value
59.165952%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| OSBC | ADDED | 1,034,143 | 1,029,143 | 0.49% | 24,116,215 |
| PBAM | ADDED | 313,859 | 309,859 | 1.29% | 23,225,566 |
| AVBH | ADDED | 668,100 | 665,100 | 0.45% | 22,067,343 |
| FCBM | NEW | 1,338,750 | - | - | 17,725,050 |
| WCCB | ADDED | 301,420 | 276,651 | 8.95% | 15,071,000 |
| MCB | ADDED | 147,221 | 142,221 | 3.52% | 14,539,546 |
| FRST | UNCHANGED | 872,961 | 872,961 | 0.0% | 14,290,372 |
| MBIN | ADDED | 285,062 | 281,062 | 1.42% | 14,253,100 |
| MNSB | ADDED | 545,679 | 530,941 | 2.78% | 13,472,815 |
| PGC | UNCHANGED | 273,947 | 273,947 | 0.0% | 12,965,912 |
| MYFW | REDUCED | 342,404 | 348,404 | -1.72% | 10,994,592 |
| ALRS | UNCHANGED | 349,165 | 349,165 | 0.0% | 10,859,032 |
| BANC | UNCHANGED | 519,738 | 519,738 | 0.0% | 10,618,247 |
| CNOB | UNCHANGED | 310,195 | 310,195 | 0.0% | 10,372,921 |
| FBIZ | REDUCED | 163,224 | 166,224 | -1.8% | 10,310,860 |
| SFST | REDUCED | 162,655 | 171,655 | -5.24% | 9,938,221 |
| ALPIB | UNCHANGED | 204,321 | 204,321 | 0.0% | 9,803,322 |
| FSUN | ADDED | 238,031 | 168,489 | 41.27% | 9,230,842 |
| ISTR | UNCHANGED | 306,896 | 306,896 | 0.0% | 9,194,604 |
| CBAN | ADDED | 441,478 | 419,478 | 5.24% | 8,869,293 |
| CCNB | ADDED | 492,071 | 466,771 | 5.42% | 8,281,555 |
| MBWM | UNCHANGED | 131,160 | 131,160 | 0.0% | 7,531,207 |
| BFST | UNCHANGED | 234,257 | 234,257 | 0.0% | 7,198,718 |
| TCBX | UNCHANGED | 169,064 | 169,064 | 0.0% | 6,830,186 |
| BRBS | UNCHANGED | 1,889,033 | 1,889,033 | 0.0% | 6,668,286 |
| CWBC | NEW | 240,606 | - | - | 6,462,677 |
| BSVN | UNCHANGED | 128,519 | 128,519 | 0.0% | 6,291,005 |
| BHRB | NEW | 82,374 | - | - | 5,919,396 |
| BPRN | UNCHANGED | 153,926 | 153,926 | 0.0% | 5,841,492 |
| BWFG | REDUCED | 90,423 | 96,423 | -6.22% | 5,312,351 |
| WRIV | UNCHANGED | 89,000 | 89,000 | 0.0% | 4,859,400 |
| SMBK | REDUCED | 97,626 | 150,087 | -34.95% | 4,580,612 |
| CZWI | REDUCED | 195,055 | 206,055 | -5.34% | 4,562,336 |
| INBK | UNCHANGED | 162,176 | 162,176 | 0.0% | 4,508,493 |
| AMTB | REDUCED | 174,000 | 180,000 | -3.33% | 4,440,480 |
| FSBC | UNCHANGED | 85,919 | 85,919 | 0.0% | 4,183,396 |
| BSRR | REDUCED | 99,255 | 113,255 | -12.36% | 4,045,634 |
| FVCB | UNCHANGED | 214,088 | 214,088 | 0.0% | 3,746,540 |
| PNFP | ADDED | 35,800 | 21,800 | 64.22% | 3,611,504 |
| MVBF | ADDED | 116,010 | 91,244 | 27.14% | 3,365,450 |
| BUSE | REDUCED | 114,077 | 127,077 | -10.23% | 3,365,272 |
| EDVR | ADDED | 171,092 | 167,738 | 2.0% | 3,293,527 |
| HOMB | NEW | 112,099 | - | - | 3,200,426 |
| SHBI | REDUCED | 136,243 | 195,563 | -30.33% | 3,126,777 |
| CBNK | UNCHANGED | 75,300 | 75,300 | 0.0% | 2,644,536 |
| EFSI | REDUCED | 56,500 | 65,000 | -13.08% | 2,342,490 |
| COSO | UNCHANGED | 85,715 | 85,715 | 0.0% | 2,301,448 |
| RNST | ADDED | 51,875 | 41,875 | 23.88% | 2,206,763 |
| BWB | REDUCED | 96,479 | 101,479 | -4.93% | 2,029,918 |
| FBK | UNCHANGED | 35,496 | 35,496 | 0.0% | 1,964,704 |
| USCB | UNCHANGED | 95,580 | 95,580 | 0.0% | 1,955,567 |
| FMBM | UNCHANGED | 47,100 | 47,100 | 0.0% | 1,696,542 |
| BCTF | REDUCED | 61,857 | 106,857 | -42.11% | 951,670 |
| SYBT | NEW | 10,000 | - | - | 764,700 |
| BY | REDUCED | 19,682 | 34,157 | -42.38% | 741,224 |
| BAFN | UNCHANGED | 91,679 | 91,679 | 0.0% | 458,395 |
| PTBS | UNCHANGED | 12,432 | 12,432 | 0.0% | 295,384 |
| FNRN | CLOSED OUT | 0 | 234,181 | -100.0% | 0 |
| CBSH | CLOSED OUT | 0 | 86,774 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| OSBC | ADDED | Old Second Bancorp, Inc. | Common Stock | 680277100 | 24,116,215 | 3.98 | 1034143.0 |
| PBAM | ADDED | Private Bancorp of America, Inc. | Common Stock | 74274F100 | 23,225,566 | 3.84 | 313859.0 |
| AVBH | ADDED | Avidbank Holdings, Inc. | Common Stock | 05368J103 | 22,067,343 | 3.64 | 668100.0 |
| - | Unity Bancorp, Inc. | Common Stock | 913290102 | 21,742,826 | 3.59 | 370469.0 | |
| FCBM | NEW | First Carolina Financial Services, Inc. | Common Stock | 31943F200 | 17,725,050 | 2.93 | 1338750.0 |
| - | California BanCorp. | Common Stock | 84252A106 | 17,008,670 | 2.81 | 816155.0 | |
| - | American Business Bank | Common Stock | 02475L105 | 16,674,627 | 2.75 | 229173.0 | |
| - | First Bank | Common Stock | 31931U102 | 15,322,355 | 2.53 | 864205.0 | |
| WCCB | ADDED | West Coast Community Bancorp | Common Stock | 952170108 | 15,071,000 | 2.49 | 301420.0 |
| MCB | ADDED | Metropolitan Bank Holding Corp. | Common Stock | 591774104 | 14,539,546 | 2.4 | 147221.0 |
| FRST | UNCHANGED | Primis Financial Corporation | Common Stock | 74167B109 | 14,290,372 | 2.36 | 872961.0 |
| MBIN | ADDED | Merchants Bancorp | Common Stock | 58844R108 | 14,253,100 | 2.35 | 285062.0 |
| MNSB | ADDED | MainStreet Bancshares, Inc. | Common Stock | 56064Y100 | 13,472,815 | 2.23 | 545679.0 |
| PGC | UNCHANGED | Peapack-Gladstone Financial Corporation | Common Stock | 704699107 | 12,965,912 | 2.14 | 273947.0 |
| - | Texas Capital Bancshares, Inc. | Common Stock | 88224Q107 | 12,366,624 | 2.04 | 119762.0 | |
| MYFW | REDUCED | First Western Financial, Inc. | Common Stock | 33751L105 | 10,994,592 | 1.82 | 342404.0 |
| ALRS | UNCHANGED | Alerus Financial Corporation | Common Stock | 01446U103 | 10,859,032 | 1.79 | 349165.0 |
| BANC | UNCHANGED | Banc of California, Inc. | Common Stock | 05990K106 | 10,618,247 | 1.75 | 519738.0 |
| CNOB | UNCHANGED | ConnectOne Bancorp, Inc. | Common Stock | 20786W107 | 10,372,921 | 1.71 | 310195.0 |
| FBIZ | REDUCED | First Business Financial Services, Inc. | Common Stock | 319390100 | 10,310,860 | 1.7 | 163224.0 |
| SFST | REDUCED | Southern First Bancshares, Inc. | Common Stock | 842873101 | 9,938,221 | 1.64 | 162655.0 |
| ALPIB | UNCHANGED | Alpine Banks of Colorado | Common Stock | 020810107 | 9,803,322 | 1.62 | 204321.0 |
| FSUN | ADDED | FirstSun Capital Bancorp | Common Stock | 33767U107 | 9,230,842 | 1.52 | 238031.0 |
| ISTR | UNCHANGED | Investar Holding Corporation | Common Stock | 46134L105 | 9,194,604 | 1.52 | 306896.0 |
| - | Triumph Bancorp, Inc. | Common Stock | 89679E300 | 8,938,648 | 1.48 | 117136.0 | |
| CBAN | ADDED | Colony Bankcorp Inc. | Common Stock | 19623P101 | 8,869,293 | 1.46 | 441478.0 |
| CCNB | ADDED | Coastal Carolina Bancshares, Inc. | Common Stock | 190435107 | 8,281,555 | 1.37 | 492071.0 |
| - | Meridian Bank | Common Stock | 58958P104 | 7,662,136 | 1.27 | 382533.0 | |
| MBWM | UNCHANGED | Mercantile Bank Corporation | Common Stock | 587376104 | 7,531,207 | 1.24 | 131160.0 |
| - | CNB Financial Corporation | Common Stock | 126128107 | 7,496,261 | 1.24 | 222375.0 | |
| - | Mid Penn Bank | Common Stock | 59540G107 | 7,246,093 | 1.2 | 207982.0 | |
| BFST | UNCHANGED | Business First Bancshares, Inc. | Common Stock | 12326C105 | 7,198,718 | 1.19 | 234257.0 |
| - | Orange County Bancorp, Inc. | Common Stock | 68417L107 | 6,842,367 | 1.13 | 186035.0 | |
| TCBX | UNCHANGED | Third Coast Bancshares | Common Stock | 88422P109 | 6,830,186 | 1.13 | 169064.0 |
| BRBS | UNCHANGED | Blue Ridge Bankshares, Inc. | Common Stock | 095825105 | 6,668,286 | 1.1 | 1889033.0 |
| CWBC | NEW | Community West Bancshares | Common Stock | 204157101 | 6,462,677 | 1.07 | 240606.0 |
| BSVN | UNCHANGED | Bank7 Corp | Common Stock | 06652N107 | 6,291,005 | 1.04 | 128519.0 |
| BHRB | NEW | Burke & Herbert Financial Services | Common Stock | 12135Y108 | 5,919,396 | 0.98 | 82374.0 |
| BPRN | UNCHANGED | Princeton Bancorp, Inc. | Common Stock | 74179A107 | 5,841,492 | 0.96 | 153926.0 |
| - | Studio Bank | Common Stock | 864001102 | 5,642,086 | 0.93 | 429056.0 | |
| - | River City Bank | Common Stock | 76803X106 | 5,576,981 | 0.92 | 128354.0 | |
| - | First Reliance Bancshares, Inc. | Common Stock | 33615Q100 | 5,482,409 | 0.91 | 297472.0 | |
| BWFG | REDUCED | Bankwell Financial Group, Inc. | Common Stock | 06654A103 | 5,312,351 | 0.88 | 90423.0 |
| - | Bank of San Francisco | Common Stock | 064774102 | 5,092,632 | 0.84 | 117072.0 | |
| WRIV | UNCHANGED | White River Bancshares Company | Common Stock | 96445A108 | 4,859,400 | 0.8 | 89000.0 |
| SMBK | REDUCED | SmartFinancial, Inc. | Common Stock | 83190L208 | 4,580,612 | 0.76 | 97626.0 |
| CZWI | REDUCED | Citizens Community Bancorp, Inc. | Common Stock | 174903104 | 4,562,336 | 0.75 | 195055.0 |
| INBK | UNCHANGED | First Internet Bancorp | Common Stock | 320557101 | 4,508,493 | 0.74 | 162176.0 |
| - | South Atlantic Bancshares, Inc. | Common Stock | 83636T104 | 4,477,698 | 0.74 | 175596.0 | |
| - | Community Heritage Financial Inc. | Common Stock | 20370L103 | 4,471,366 | 0.74 | 125424.0 | |
| AMTB | REDUCED | Amerant Bancorp Inc. | Common Stock | 023576101 | 4,440,480 | 0.73 | 174000.0 |
| FSBC | UNCHANGED | Five Star Bancorp | Common Stock | 33830T103 | 4,183,396 | 0.69 | 85919.0 |
| - | Summit Bank Group, Inc. | Common Stock | 86603R100 | 4,108,837 | 0.68 | 184501.0 | |
| - | First Capital Bancshares, Inc. | Common Stock | 31941G101 | 4,051,237 | 0.67 | 318995.0 | |
| - | Oregon Pacific Bancorp | Common Stock | 686040205 | 4,046,400 | 0.67 | 361932.0 | |
| BSRR | REDUCED | Sierra Bancorp | Common Stock | 82620P102 | 4,045,634 | 0.67 | 99255.0 |
| FVCB | UNCHANGED | FVCBankcorp Inc. | Common Stock | 36120Q101 | 3,746,540 | 0.62 | 214088.0 |
| - | Blueharbor Bank | Common Stock | 095613105 | 3,714,585 | 0.61 | 87402.0 | |
| PNFP | ADDED | Pinnacle Financial Partners Inc. | Common Stock | 72348N109 | 3,611,504 | 0.6 | 35800.0 |
| MVBF | ADDED | MVB Financial Corp. | Common Stock | 553810102 | 3,365,450 | 0.56 | 116010.0 |
| BUSE | REDUCED | First Busey Corporation | Common Stock | 319383204 | 3,365,272 | 0.56 | 114077.0 |
| EDVR | ADDED | Endeavor Bancorp | Common Stock | 29260B109 | 3,293,527 | 0.54 | 171092.0 |
| HOMB | NEW | Home BancShares, Inc. | Common Stock | 436893200 | 3,200,426 | 0.53 | 112099.0 |
| SHBI | REDUCED | Shore Bancshares, Inc. | Common Stock | 825107105 | 3,126,777 | 0.52 | 136243.0 |
| - | Summit State Bank | Common Stock | 866264203 | 2,652,702 | 0.44 | 195627.0 | |
| CBNK | UNCHANGED | Capital Bancorp, Inc. | Common Stock | 139737100 | 2,644,536 | 0.44 | 75300.0 |
| - | Commencement Bancorp, Inc. | Common Stock | 20051D107 | 2,434,536 | 0.4 | 138720.0 | |
| EFSI | REDUCED | Eagle Financial Services Inc. | Common Stock | 26951R104 | 2,342,490 | 0.39 | 56500.0 |
| COSO | UNCHANGED | CoastalSouth Bancshares, Inc. | Common Stock | 19058X207 | 2,301,448 | 0.38 | 85715.0 |
| - | American Riviera Bancorp | Common Stock | 02933K103 | 2,288,128 | 0.38 | 89380.0 | |
| RNST | ADDED | Renasant Corporation | Common Stock | 75970E107 | 2,206,763 | 0.36 | 51875.0 |
| - | FSBH Corp (was First Southern Bank) | Common Stock | 30325F101 | 2,204,575 | 0.36 | 135250.0 | |
| BWB | REDUCED | Bridgewater Bancshares, Inc. | Common Stock | 108621103 | 2,029,918 | 0.34 | 96479.0 |
| FBK | UNCHANGED | FB Financial Corp. | Common Stock | 30257X104 | 1,964,704 | 0.32 | 35496.0 |
| USCB | UNCHANGED | USCB Financial Holdings Inc. | Common Stock | 90355N101 | 1,955,567 | 0.32 | 95580.0 |
| - | Lake Ridge Bancorp | Common Stock | 78391L106 | 1,714,236 | 0.28 | 11429.0 | |
| FMBM | UNCHANGED | F&M Bank Corp | Common Stock | 30137P106 | 1,696,542 | 0.28 | 47100.0 |
| - | Grand River Commerce, Inc. | Common Stock | 386441109 | 1,601,144 | 0.26 | 304400.0 | |
| - | Mission Valley Bancorp | Common Stock | 60520E104 | 1,542,663 | 0.25 | 78507.0 | |
| - | TowneBank | Common Stock | 89214P109 | 1,478,737 | 0.24 | 40804.0 | |
| - | The Bancorp, Inc. | Common Stock | 05969A105 | 1,477,803 | 0.24 | 23592.0 | |
| - | Pinnacle Bankshares Corporation | Common Stock | 72345E102 | 1,412,997 | 0.23 | 25464.0 | |
| - | Somerset Trust Holding Company | Common Stock | 835126103 | 1,233,149 | 0.2 | 16017.0 | |
| - | Pacific West Bancorp | Common Stock | 69506J102 | 1,155,141 | 0.19 | 92857.0 | |
| - | SouthPoint Bancshares, Inc. | Common Stock | 844647107 | 1,053,889 | 0.17 | 74638.0 | |
| BCTF | REDUCED | Bancorp 34, Inc. | Common Stock | 05970V106 | 951,670 | 0.16 | 61857.0 |
| - | First National Corporation | Common Stock | 32106V107 | 941,847 | 0.16 | 31374.0 | |
| - | Pinnacle Bank | Common Stock | 72346K107 | 796,801 | 0.13 | 44514.0 | |
| SYBT | NEW | Stock Yards Bancorp, Inc. | Common Stock | 861025104 | 764,700 | 0.13 | 10000.0 |
| BY | REDUCED | Byline Bancorp, Inc. | Common Stock | 124411109 | 741,224 | 0.12 | 19682.0 |
| BAFN | UNCHANGED | BayFirst Financial Corp. | Common Stock | 07279B104 | 458,395 | 0.08 | 91679.0 |
| PTBS | UNCHANGED | Potomac Bancshares, Inc. | Common Stock | 737643106 | 295,384 | 0.05 | 12432.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 605,452,100 | 92 | 4.829754 | 0.045555 | 8.869142 |
| 2026-03-31 | 2026-05-14 | 537,191,828 | 97 | 4.506047 | 0.044953 | 8.115867 |
| 2025-12-31 | 2026-02-12 | 505,198,862 | 98 | 4.335753 | 0.036593 | 7.728696 |
| 2025-09-30 | 2025-11-14 | 572,004,785 | 111 | 4.475959 | 0.037875 | 8.011006 |
| 2025-03-31 | 2025-05-14 | 758,471,366 | 118 | 4.10945 | 0.036384 | 7.364943 |
| 2024-12-31 | 2025-02-13 | 906,585,450 | 121 | 3.835341 | 0.033467 | 6.675289 |