BANC FUNDS CO LLC

Filed: 8/14/2024ACC: 0001029311-24-000003

📋 What this filing means

BANC FUNDS CO LLC filed this quarterly 13F‑HR report disclosing 127 equity positions with a total reported market value of $843.01M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

127

Positions

$843.01M

Total AUM (reported)

47.27M

Total Shares

Allocation by class

COMMON$843.01M100.0%

Portfolio Concentration

Top 3$81.10M9.6%

4–10$128.69M15.3%

11–25$208.27M24.7%

Rest$424.95M50.4%

Top 3 weight

9.6%

Top 10 weight

24.9%

Voting Authority Distribution

Total shares with voting rights: 47.27M

Sole

Full voting authority

47.27M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole127

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings127

Rows:

Old Second Bancorp, Inc.

SOLE

Common

Shares1.98M

TypeSH

Market value$29.26M

3.47%

Sole

1.98M

Shared

0.00

None

0.00

Unity Bancorp, Inc.

SOLE

Common

Shares941.04K

TypeSH

Market value$27.83M

3.30%

Sole

941.04K

Shared

0.00

None

0.00

Triumph Bancorp, Inc.

SOLE

Common

Shares293.74K

TypeSH

Market value$24.01M

2.85%

Sole

293.74K

Shared

0.00

None

0.00

Southern States Bancshares, Inc.

SOLE

Common

Shares742.65K

TypeSH

Market value$20.16M

2.39%

Sole

742.65K

Shared

0.00

None

0.00

CrossFirst Bankshares, Inc.

SOLE

Common

Shares1.37M

TypeSH

Market value$19.25M

2.28%

Sole

1.37M

Shared

0.00

None

0.00

First Bank

SOLE

Common

Shares1.50M

TypeSH

Market value$19.16M

2.27%

Sole

1.50M

Shared

0.00

None

0.00

Primis Financial Corporation

SOLE

Common

Shares1.72M

TypeSH

Market value$18.03M

2.14%

Sole

1.72M

Shared

0.00

None

0.00

FineMark Holdings, Inc.

SOLE

Common

Shares726.84K

TypeSH

Market value$17.70M

2.10%

Sole

726.84K

Shared

0.00

None

0.00

West Coast Community Bancorp

SOLE

Common

Shares497.83K

TypeSH

Market value$17.31M

2.05%

Sole

497.83K

Shared

0.00

None

0.00

American Business Bank

SOLE

Common

Shares560.34K

TypeSH

Market value$17.08M

2.03%

Sole

560.34K

Shared

0.00

None

0.00

Orange County Bancorp, Inc.

SOLE

Common

Shares311.59K

TypeSH

Market value$16.48M

1.95%

Sole

311.59K

Shared

0.00

None

0.00

First Business Financial Services

SOLE

Common

Shares439.53K

TypeSH

Market value$16.26M

1.93%

Sole

439.53K

Shared

0.00

None

0.00

Peapack-Gladstone Financial Corporation

SOLE

Common

Shares675.80K

TypeSH

Market value$15.31M

1.82%

Sole

675.80K

Shared

0.00

None

0.00

Merchants Bancorp

SOLE

Common

Shares377.12K

TypeSH

Market value$15.29M

1.81%

Sole

377.12K

Shared

0.00

None

0.00

Texas Capital Bancshares, Inc.

SOLE

Common

Shares236K

TypeSH

Market value$14.43M

1.71%

Sole

236K

Shared

0.00

None

0.00

California BanCorp

SOLE

Common

Shares659.30K

TypeSH

Market value$14.17M

1.68%

Sole

659.30K

Shared

0.00

None

0.00

Private Bancorp of America, Inc.

SOLE

Common

Shares390.06K

TypeSH

Market value$13.72M

1.63%

Sole

390.06K

Shared

0.00

None

0.00

Mercantile Bank Corporation

SOLE

Common

Shares337.34K

TypeSH

Market value$13.69M

1.62%

Sole

337.34K

Shared

0.00

None

0.00

Banc of California, Inc.

SOLE

Common

Shares1.05M

TypeSH

Market value$13.47M

1.60%

Sole

1.05M

Shared

0.00

None

0.00

SmartFinancial, Inc.

SOLE

Common

Shares560.90K

TypeSH

Market value$13.28M

1.57%

Sole

560.90K

Shared

0.00

None

0.00

Avidbank Holdings, Inc.

SOLE

Common

Shares713.20K

TypeSH

Market value$13.15M

1.56%

Sole

713.20K

Shared

0.00

None

0.00

Colony Bankcorp Inc.

SOLE

Common

Shares1.06M

TypeSH

Market value$12.93M

1.53%

Sole

1.06M

Shared

0.00

None

0.00

First Western Financial, Inc.

SOLE

Common

Shares755.01K

TypeSH

Market value$12.84M

1.52%

Sole

755.01K

Shared

0.00

None

0.00

Southern First Bancshares, Inc.

SOLE

Common

Shares401.24K

TypeSH

Market value$11.73M

1.39%

Sole

401.24K

Shared

0.00

None

0.00

MainStreet Bancshares, Inc.

SOLE

Common

Shares651.01K

TypeSH

Market value$11.54M

1.37%

Sole

651.01K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
Old Second Bancorp, Inc.SOLE	Common	1.98M	SH	$29.26M 3.47%	1.98M
Unity Bancorp, Inc.SOLE	Common	941.04K	SH	$27.83M 3.30%	941.04K
Triumph Bancorp, Inc.SOLE	Common	293.74K	SH	$24.01M 2.85%	293.74K
Southern States Bancshares, Inc.SOLE	Common	742.65K	SH	$20.16M 2.39%	742.65K
CrossFirst Bankshares, Inc.SOLE	Common	1.37M	SH	$19.25M 2.28%	1.37M
First BankSOLE	Common	1.50M	SH	$19.16M 2.27%	1.50M
Primis Financial CorporationSOLE	Common	1.72M	SH	$18.03M 2.14%	1.72M
FineMark Holdings, Inc.SOLE	Common	726.84K	SH	$17.70M 2.10%	726.84K
West Coast Community BancorpSOLE	Common	497.83K	SH	$17.31M 2.05%	497.83K
American Business BankSOLE	Common	560.34K	SH	$17.08M 2.03%	560.34K
Orange County Bancorp, Inc.SOLE	Common	311.59K	SH	$16.48M 1.95%	311.59K
First Business Financial ServicesSOLE	Common	439.53K	SH	$16.26M 1.93%	439.53K
Peapack-Gladstone Financial CorporationSOLE	Common	675.80K	SH	$15.31M 1.82%	675.80K
Merchants BancorpSOLE	Common	377.12K	SH	$15.29M 1.81%	377.12K
Texas Capital Bancshares, Inc.SOLE	Common	236K	SH	$14.43M 1.71%	236K
California BanCorpSOLE	Common	659.30K	SH	$14.17M 1.68%	659.30K
Private Bancorp of America, Inc.SOLE	Common	390.06K	SH	$13.72M 1.63%	390.06K
Mercantile Bank CorporationSOLE	Common	337.34K	SH	$13.69M 1.62%	337.34K
Banc of California, Inc.SOLE	Common	1.05M	SH	$13.47M 1.60%	1.05M
SmartFinancial, Inc.SOLE	Common	560.90K	SH	$13.28M 1.57%	560.90K
Avidbank Holdings, Inc.SOLE	Common	713.20K	SH	$13.15M 1.56%	713.20K
Colony Bankcorp Inc.SOLE	Common	1.06M	SH	$12.93M 1.53%	1.06M
First Western Financial, Inc.SOLE	Common	755.01K	SH	$12.84M 1.52%	755.01K
Southern First Bancshares, Inc.SOLE	Common	401.24K	SH	$11.73M 1.39%	401.24K
MainStreet Bancshares, Inc.SOLE	Common	651.01K	SH	$11.54M 1.37%	651.01K

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