Latest BANC FUNDS CO LLC Stock Portfolio

$537Million– No. of Holdings #97

BANC FUNDS CO LLC Performance:

2026 Q1: 4.26%YTD: 4.26%2025: 7.83%

Performance for 2026 Q1 is 4.26%, and YTD is 4.26%, and 2025 is 7.83%.

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

On 2026-05-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, BANC FUNDS CO LLC reported an equity portfolio of $537.2 Millions as of 31 Mar, 2026.

The top stock holdings of BANC FUNDS CO LLC are , OSBC, UNTY. The fund has invested 3.9% of it's portfolio in PRIVATE BANCORP OF AMERICA, INC. and 3.9% of portfolio in OLD SECOND BANCORP, INC.

The fund managers got completely rid off FINEMARK HOLDINGS, INC., PRIME MERIDIAN HOLDING COMPANY (PMHG) and HBT FINANCIAL, INC. (HBT) stocks. They significantly reduced their stock positions in FB FINANCIAL CORP. (FBK), FIRST COMMUNITY CORPORATION (FCCO) and HERITAGE COMMERCE CORP (HTBK). BANC FUNDS CO LLC opened new stock positions in BANK OF SAN FRANCISCO and COMMERCE BANCSHARES, INC. MO (CBSH). The fund showed a lot of confidence in some stocks as they added substantially to POTOMAC BANCSHARES, INC., CAPITAL BANCORP, INC. (CBNK) and MVB FINANCIAL CORP. (MVBF).

BANC FUNDS CO LLC Equity Portfolio Value

Last Reported on: 14 May, 2026

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

Our best estimate is that BANC FUNDS CO LLC made a return of 4.26% in the last quarter. In trailing 12 months, it's portfolio return was 18.49%.

Performance
S&P 500

New Buys

Ticker	$ Bought
bank of san francisco	4,317,500
commerce bancshares, inc. mo	4,269,280
pinnacle financial partners inc.	1,877,850
townebank	1,373,870
lake ridge bancorp	920,920

New stocks bought by BANC FUNDS CO LLC

Additions

Ticker	% Inc.
potomac bancshares, inc.	329
capital bancorp, inc.	251
mvb financial corp.	160
first busey corporation	68.14
endeavor bancorp	65.96
alerus financial corporation	62.43
connectone bancorp, inc.	36.17
somerset trust holding company	35.89

Additions to existing portfolio by BANC FUNDS CO LLC

Reductions

Ticker	% Reduced
fb financial corp.	-73.41
first community corporation	-60.51
heritage commerce corp	-38.18
bancorp 34, inc.	-34.39
smartfinancial, inc.	-25.18
first northern community bancorp	-22.38
hanover bancorp inc.	-19.59
first national corporation	-18.35

BANC FUNDS CO LLC reduced stake in above stock

Sold off

Ticker	$ Sold
finemark holdings, inc.	-8,353,550
dogwood state bank	-1,859,890
prime meridian holding company	-4,325,260
united bancorporation of alabama, inc.	-1,974,620
hbt financial, inc.	-475,718
bank of botetourt	-726,176

BANC FUNDS CO LLC got rid off the above stocks

Sector Distribution

BANC FUNDS CO LLC has about 58.4% of it's holdings in Financial Services sector.

Financial Services
Others

Sector	%
Financial Services	58.4
Others	40.3
	1.3

Market Cap. Distribution

BANC FUNDS CO LLC has about 1.3% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
SMALL-CAP
MICRO-CAP
MID-CAP
LARGE-CAP

Category	%
UNALLOCATED	42.5
SMALL-CAP	36.9
MICRO-CAP	10.9
MID-CAP	8.3
LARGE-CAP	1.3

Stocks belong to which Index?

About 51.4% of the stocks held by BANC FUNDS CO LLC either belong to S&P 500 or RUSSELL 2000 index.

RUSSELL 2000
Others

Index	%
RUSSELL 2000	51.4
Others	48.6

Top 5 Winners (%)		%
	blueharbor bank	28.2 %
PGC	peapack-gladstone financial corporation	25.4 %
MBIN	merchants bancorp	23.9 %
	alpine banks of colorado	18.7 %
	private bancorp of america, inc.	17.3 %

Top 5 Winners ($)		$
	private bancorp of america, inc.	3.1 M
MBIN	merchants bancorp	2.3 M
PGC	peapack-gladstone financial corporation	2.1 M
	alpine banks of colorado	1.8 M
	american business bank	1.6 M

Top 5 Losers (%)		%
TBBK	the bancorp, inc.	-20.4 %
BAFN	bayfirst financial corp.	-19.1 %
	pinnacle bank	-16.0 %
EFSI	eagle financial services inc.	-12.1 %
BANC	banc of california, inc.	-8.9 %

Top 5 Losers ($)		$
BANC	banc of california, inc.	-0.9 M
MYFW	first western financial, inc.	-0.8 M
	california bancorp.	-0.8 M
FRST	primis financial corporation	-0.5 M
	first bank	-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 97 stocks in it's portfolio. About 30.4% of the portfolio is in top 10 stocks. BANC proved to be the most loss making stock for the portfolio. was the most profitable stock for BANC FUNDS CO LLC last quarter.

Last Reported on: 14 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALRS	alerus financial corporation	1.54	349,165	8,278,700	added	62.43

AMTB	amerant bancorp inc.	0.74	180,000	3,967,200	unchanged	0.00

AVBH	avidbank holdings, inc.	3.53	665,100	18,955,400	added	11.51

BAFN	bayfirst financial corp.	0.11	91,679	582,162	unchanged	0.00

BANC	banc of california, inc.	1.70	519,738	9,136,990	unchanged	0.00

BCTF	bancorp 34, inc.	0.30	106,857	1,597,510	reduced	-34.39

BFST	business first bancshares, inc.	1.18	234,257	6,334,310	added	22.94

BPRN	princeton bancorp, inc.	0.97	153,926	5,198,080	unchanged	0.00

BRBS	blue ridge bankshares, inc.	1.48	1,889,030	7,933,940	reduced	-6.9

BSRR	sierra bancorp	0.72	113,255	3,841,610	reduced	-6.73

BSVN	bank7 corp	0.95	128,519	5,125,340	unchanged	0.00

BUSE	first busey corporation	0.60	127,077	3,211,240	added	68.14

BWB	bridgewater bancshares, inc.	0.33	101,479	1,796,180	unchanged	0.00

BWFG	bankwell financial group, inc.	0.87	96,423	4,678,440	unchanged	0.00

BY	byline bancorp, inc.	0.20	34,157	1,078,340	reduced	-12.77

CBAN	colony bankcorp inc.	1.56	419,478	8,376,980	reduced	-1.87

CBNK	capital bancorp, inc.	0.42	75,300	2,239,420	added	251

CBSH	commerce bancshares, inc. mo	0.80	86,774	4,269,280	new

CCNE	cnb financial corporation	1.20	222,375	6,439,980	added	2.39

CNOB	connectone bancorp, inc.	1.55	310,195	8,303,920	added	36.17