Filed: 11/14/2025ACC: 0001029311-25-000015
📋 What this filing means
BANC FUNDS CO LLC filed this quarterly 13F‑HR report disclosing 111 equity positions with a total reported market value of $572.00M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
111
Positions
$572.00M
Total AUM (reported)
26.59M
Total Shares
Allocation by class
COMMON STOCK$572.00M100.0%
Portfolio Concentration
Top 3$56.24M9.8%
4–10$99.30M17.4%
11–25$143.10M25.0%
Rest$273.36M47.8%
Top 3 weight
9.8%
Top 10 weight
27.2%
Voting Authority Distribution
Total shares with voting rights: 26.59M
Sole
Full voting authority
26.59M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole111
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings111
Rows:
Unity Bancorp, Inc.
SOLEShares441.22K
TypeSH
Market value$21.56M
3.77%
Sole
441.22K
Shared
0.00
None
0.00
Old Second Bancorp, Inc.
SOLEShares1.01M
TypeSH
Market value$17.40M
3.04%
Sole
1.01M
Shared
0.00
None
0.00
Avidbank Holdings, Inc.
SOLEShares677.72K
TypeSH
Market value$17.28M
3.02%
Sole
677.72K
Shared
0.00
None
0.00
Private Bancorp of America, Inc.
SOLEShares280.50K
TypeSH
Market value$16.56M
2.90%
Sole
280.50K
Shared
0.00
None
0.00
American Business Bank
SOLEShares289.03K
TypeSH
Market value$15.81M
2.76%
Sole
289.03K
Shared
0.00
None
0.00
FineMark Holdings, Inc.
SOLEShares385.17K
TypeSH
Market value$15.64M
2.73%
Sole
385.17K
Shared
0.00
None
0.00
California BanCorp.
SOLEShares835.48K
TypeSH
Market value$13.94M
2.44%
Sole
835.48K
Shared
0.00
None
0.00
West Coast Community Bancorp
SOLEShares301.06K
TypeSH
Market value$12.76M
2.23%
Sole
301.06K
Shared
0.00
None
0.00
First Bank
SOLEShares776.06K
TypeSH
Market value$12.64M
2.21%
Sole
776.06K
Shared
0.00
None
0.00
MainStreet Bancshares, Inc.
SOLEShares573.37K
TypeSH
Market value$11.94M
2.09%
Sole
573.37K
Shared
0.00
None
0.00
Texas Capital Bancshares, Inc.
SOLEShares133.21K
TypeSH
Market value$11.26M
1.97%
Sole
133.21K
Shared
0.00
None
0.00
Metropolitan Bank Holding Corp.
SOLEShares146.74K
TypeSH
Market value$10.98M
1.92%
Sole
146.74K
Shared
0.00
None
0.00
Merchants Bancorp
SOLEShares340.69K
TypeSH
Market value$10.83M
1.89%
Sole
340.69K
Shared
0.00
None
0.00
Banc of California, Inc.
SOLEShares615.76K
TypeSH
Market value$10.19M
1.78%
Sole
615.76K
Shared
0.00
None
0.00
FB Financial Corp.
SOLEShares178.50K
TypeSH
Market value$9.95M
1.74%
Sole
178.50K
Shared
0.00
None
0.00
First Business Financial Services, Inc.
SOLEShares193.52K
TypeSH
Market value$9.92M
1.73%
Sole
193.52K
Shared
0.00
None
0.00
First Western Financial, Inc.
SOLEShares414.63K
TypeSH
Market value$9.55M
1.67%
Sole
414.63K
Shared
0.00
None
0.00
Primis Financial Corporation
SOLEShares892.42K
TypeSH
Market value$9.38M
1.64%
Sole
892.42K
Shared
0.00
None
0.00
Colony Bankcorp Inc.
SOLEShares540.25K
TypeSH
Market value$9.19M
1.61%
Sole
540.25K
Shared
0.00
None
0.00
Southern First Bancshares, Inc.
SOLEShares205.87K
TypeSH
Market value$9.08M
1.59%
Sole
205.87K
Shared
0.00
None
0.00
Blue Ridge Bankshares, Inc.
SOLEShares2.14M
TypeSH
Market value$9.07M
1.59%
Sole
2.14M
Shared
0.00
None
0.00
Alpine Banks of Colorado
SOLEShares275.20K
TypeSH
Market value$8.71M
1.52%
Sole
275.20K
Shared
0.00
None
0.00
Peapack-Gladstone Financial Corporation
SOLEShares315.10K
TypeSH
Market value$8.70M
1.52%
Sole
315.10K
Shared
0.00
None
0.00
Investar Holding Corporation
SOLEShares371.10K
TypeSH
Market value$8.61M
1.51%
Sole
371.10K
Shared
0.00
None
0.00
First Busey Corporation
SOLEShares331.73K
TypeSH
Market value$7.68M
1.34%
Sole
331.73K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Unity Bancorp, Inc.SOLE | Common Stock | 441.22K | SH | $21.56M 3.77% | 441.22K | 0.00 | 0.00 |
Old Second Bancorp, Inc.SOLE | Common Stock | 1.01M | SH | $17.40M 3.04% | 1.01M | 0.00 | 0.00 |
Avidbank Holdings, Inc.SOLE | Common Stock | 677.72K | SH | $17.28M 3.02% | 677.72K | 0.00 | 0.00 |
Private Bancorp of America, Inc.SOLE | Common Stock | 280.50K | SH | $16.56M 2.90% | 280.50K | 0.00 | 0.00 |
American Business BankSOLE | Common Stock | 289.03K | SH | $15.81M 2.76% | 289.03K | 0.00 | 0.00 |
FineMark Holdings, Inc.SOLE | Common Stock | 385.17K | SH | $15.64M 2.73% | 385.17K | 0.00 | 0.00 |
California BanCorp.SOLE | Common Stock | 835.48K | SH | $13.94M 2.44% | 835.48K | 0.00 | 0.00 |
West Coast Community BancorpSOLE | Common Stock | 301.06K | SH | $12.76M 2.23% | 301.06K | 0.00 | 0.00 |
First BankSOLE | Common Stock | 776.06K | SH | $12.64M 2.21% | 776.06K | 0.00 | 0.00 |
MainStreet Bancshares, Inc.SOLE | Common Stock | 573.37K | SH | $11.94M 2.09% | 573.37K | 0.00 | 0.00 |
Texas Capital Bancshares, Inc.SOLE | Common Stock | 133.21K | SH | $11.26M 1.97% | 133.21K | 0.00 | 0.00 |
Metropolitan Bank Holding Corp.SOLE | Common Stock | 146.74K | SH | $10.98M 1.92% | 146.74K | 0.00 | 0.00 |
Merchants BancorpSOLE | Common Stock | 340.69K | SH | $10.83M 1.89% | 340.69K | 0.00 | 0.00 |
Banc of California, Inc.SOLE | Common Stock | 615.76K | SH | $10.19M 1.78% | 615.76K | 0.00 | 0.00 |
FB Financial Corp.SOLE | Common Stock | 178.50K | SH | $9.95M 1.74% | 178.50K | 0.00 | 0.00 |
First Business Financial Services, Inc.SOLE | Common Stock | 193.52K | SH | $9.92M 1.73% | 193.52K | 0.00 | 0.00 |
First Western Financial, Inc.SOLE | Common Stock | 414.63K | SH | $9.55M 1.67% | 414.63K | 0.00 | 0.00 |
Primis Financial CorporationSOLE | Common Stock | 892.42K | SH | $9.38M 1.64% | 892.42K | 0.00 | 0.00 |
Colony Bankcorp Inc.SOLE | Common Stock | 540.25K | SH | $9.19M 1.61% | 540.25K | 0.00 | 0.00 |
Southern First Bancshares, Inc.SOLE | Common Stock | 205.87K | SH | $9.08M 1.59% | 205.87K | 0.00 | 0.00 |
Blue Ridge Bankshares, Inc.SOLE | Common Stock | 2.14M | SH | $9.07M 1.59% | 2.14M | 0.00 | 0.00 |
Alpine Banks of ColoradoSOLE | Common Stock | 275.20K | SH | $8.71M 1.52% | 275.20K | 0.00 | 0.00 |
Peapack-Gladstone Financial CorporationSOLE | Common Stock | 315.10K | SH | $8.70M 1.52% | 315.10K | 0.00 | 0.00 |
Investar Holding CorporationSOLE | Common Stock | 371.10K | SH | $8.61M 1.51% | 371.10K | 0.00 | 0.00 |
First Busey CorporationSOLE | Common Stock | 331.73K | SH | $7.68M 1.34% | 331.73K | 0.00 | 0.00 |
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