BANC FUNDS CO LLC
Q3 2025 13F-HR Holdings
Net value change ($000)
-89,600
(-13.5%)
New positions
4
Sold out positions
8
Turnover %
6.9%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q2 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| FBK | 9,949 | NEW |
| AVBH | 3,593 | 26.2% |
| F&M Bank Corp | 1,220 | NEW |
| INDB | 1,138 | NEW |
| AMBZ | 999 | 6.7% |
| BRBS | 666 | 7.9% |
| DSBX | 665 | 54.9% |
| FSUN | 622 | 10.9% |
| VBTX | 599 | 12.8% |
| BSVN | 571 | 10.6% |
Top Reduces (Value $000, Stocks/ETFs)
| Southern States Bancshares, Inc. | -13,907 | -100.0% |
| FNBT | -6,442 | -29.2% |
| FRST | -5,476 | -36.9% |
| MPB | -4,640 | -43.8% |
| PGC | -4,366 | -33.4% |
| ENTERPRISE BANCORP INC /MA/ | -4,098 | -100.0% |
| FBIZ | -3,478 | -26.0% |
| TFIN | -3,440 | -33.0% |
| COSO | -3,403 | -64.5% |
| INBK | -3,223 | -34.2% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|