BANC FUNDS CO LLC

Q1 2014 13F-HR Holdings

Location
Chicago, IL
Holdings as of
3/31/2014
Date filed
5/14/2014
Form type
13F-HR
Num holdings
231
Total value ($000)
$1,339,023
Net value change ($000)
+24,784 (1.9%)
New positions
20
Sold out positions
12
Turnover %
11.0%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
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)
UBSI 18,289 NEW
UNION BANKSHARES CORP NEW 16,131 NEW
SYBT 11,084 NEW
LAKELAND BANCORP INC 6,808 897.0%
WSBF 6,170 1038.7%
United Bancorp, Inc. 6,064 130.0%
CODORUS VALLEY BANCORP INC 5,206 85.0%
GNW 4,961 NEW
AHL 4,435 NEW
ACIC 3,287 NEW
Top Reduces (Value $000, Stocks/ETFs)
Virginia Commerce Bancorp -29,535 -100.0%
UNION FIRST MKT BANKSH CP -12,866 -100.0%
PACWEST BANCORP -11,113 -100.0%
S.Y. Bancorp Inc -8,913 -100.0%
INVESTORS BANCORP INC -6,439 -52.6%
EFSC -5,065 -14.2%
LIONSGATE STUDIOS CORP F -4,641 -19.3%
PACIFIC CONTINENTAL CORP -4,615 -21.0%
FIRSTBANK CORPORATION -3,733 -36.5%
CVBF -3,396 -59.6%
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type