Latest BANC FUNDS CO LLC Stock Portfolio

BANC FUNDS CO LLC Performance:

2025 Q4: 2.73%YTD: 7.83%2024: 13.64%

Performance for 2025 Q4 is 2.73%, and YTD is 7.83%, and 2024 is 13.64%.

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

On 2026-02-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, BANC FUNDS CO LLC reported an equity portfolio of $505.2 Millions as of 31 Dec, 2025.

The top stock holdings of BANC FUNDS CO LLC are UNTY, OSBC, . The fund has invested 3.8% of it's portfolio in UNITY BANCORP, INC. and 3.5% of portfolio in OLD SECOND BANCORP, INC.

The fund managers got completely rid off VERITEX HOLDINGS, INC. (VBTX), CHOICEONE FINANCIAL SERVICES, INC. (COFS) and DIME COMMUNITY BANCSHARES, INC. (DCOM) stocks. They significantly reduced their stock positions in POTOMAC BANCSHARES, INC., FIRST BUSEY CORPORATION (BUSE) and BAYFIRST FINANCIAL CORP. (BAFN). The fund showed a lot of confidence in some stocks as they added substantially to RIVER CITY BANK, CAPITAL BANCORP, INC. (CBNK) and AMERANT BANCORP INC. (AMTB).

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

Our best estimate is that BANC FUNDS CO LLC made a return of 2.73% in the last quarter. In trailing 12 months, it's portfolio return was 7.83%.

Performance
S&P 500

New Buys

No new stocks were added by BANC FUNDS CO LLC

Additions

Ticker	% Inc.
river city bank	702
capital bancorp, inc.	48.61
coastal carolina bancshares, inc.	41.87
amerant bancorp inc.	5.88
firstsun capital bancorp	3.55
private bancorp of america, inc.	1.16

Additions to existing portfolio by BANC FUNDS CO LLC

Reductions

Ticker	% Reduced
potomac bancshares, inc.	-89.44
first busey corporation	-77.22
bayfirst financial corp.	-46.00
finemark holdings, inc.	-43.03
first internet bancorp	-41.32
summit state bank	-40.2
grand river commerce, inc.	-39.26
psb holdings, inc.	-34.13

BANC FUNDS CO LLC reduced stake in above stock

Sold off

Ticker	$ Sold
veritex holdings, inc.	-5,294,220
choiceone financial services, inc.	-3,922,200
financial institutions, inc.	-2,828,800
dime community bancshares, inc.	-2,921,790
beacon financial corporation	-2,043,940
tri city bankshares corporation	-1,067,900
malaga financial corporation	-847,253
foresight financial group, inc.	-1,250,510

BANC FUNDS CO LLC got rid off the above stocks

Sector Distribution

BANC FUNDS CO LLC has about 57.4% of it's holdings in Financial Services sector.

Sector	%
Financial Services	57.4
Others	41.1
	1.5

Market Cap. Distribution

BANC FUNDS CO LLC has about 1.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	43.3
SMALL-CAP	35.8
MICRO-CAP	11.1
MID-CAP	8.2
LARGE-CAP	1.5

Stocks belong to which Index?

About 51% of the stocks held by BANC FUNDS CO LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	51
Others	49

Top 5 Winners (%)		%
	fsbh corp (was first southern bank)	77.8 %
FRST	primis financial corporation	30.5 %
	commencement bancorp, inc.	28.1 %
	alpine banks of colorado	24.0 %
TBK	triumph bancorp, inc.	23.1 %

Top 5 Winners ($)		$
FRST	primis financial corporation	2.9 M
	american business bank	2.8 M
OSBC	old second bancorp, inc.	2.1 M
	alpine banks of colorado	2.1 M
TBK	triumph bancorp, inc.	1.6 M

Top 5 Losers (%)		%
	river city bank	-81.4 %
	southpoint bancshares, inc.	-28.9 %
BAFN	bayfirst financial corp.	-19.2 %
BSVN	bank7 corp	-11.4 %
	community heritage financial inc.	-10.3 %

Top 5 Losers ($)		$
	river city bank	-19.3 M
	finemark holdings, inc.	-0.8 M
BSVN	bank7 corp	-0.7 M
	southpoint bancshares, inc.	-0.6 M
	private bancorp of america, inc.	-0.4 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 98 stocks in it's portfolio. About 28.7% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. FRST was the most profitable stock for BANC FUNDS CO LLC last quarter.

Last Reported on: 12 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALRS	alerus financial corporation	0.96	214,967	4,841,060	reduced	-23.89

AMTB	amerant bancorp inc.	0.70	180,000	3,511,800	added	5.88

AVBH	avidbank holdings, inc.	3.14	596,430	15,841,200	reduced	-11.99

BAFN	bayfirst financial corp.	0.14	91,679	719,680	reduced	-46.00

BANC	banc of california, inc.	1.99	519,738	10,025,700	reduced	-15.59

BCTF	bancorp 34, inc.	0.44	162,857	2,220,230	unchanged	0.00

BFST	business first bancshares, inc.	0.99	190,549	4,980,950	reduced	-29.23

BHLB	beacon financial corporation	0.00	0.00	0.00	sold off	-100

BPRN	princeton bancorp, inc.	1.06	153,926	5,339,690	unchanged	0.00

BRBS	blue ridge bankshares, inc.	1.72	2,029,030	8,663,970	reduced	-5.4

BSRR	sierra bancorp	0.78	121,424	3,968,140	unchanged	0.00

BSVN	bank7 corp	1.04	128,519	5,266,710	unchanged	0.00

BUSE	first busey corporation	0.36	75,577	1,797,980	reduced	-77.22

BWB	bridgewater bancshares, inc.	0.35	101,479	1,778,930	unchanged	0.00

BWFG	bankwell financial group, inc.	0.88	96,423	4,418,100	reduced	-11.07

BY	byline bancorp, inc.	0.23	39,157	1,141,430	unchanged	0.00

CBAN	colony bankcorp inc.	1.51	427,478	7,617,660	reduced	-20.87

CBNK	capital bancorp, inc.	0.12	21,400	602,838	added	48.61

CCNE	cnb financial corporation	1.12	217,175	5,683,470	reduced	-20.09

CNOB	connectone bancorp, inc.	1.18	227,795	5,972,780	reduced	-5.55