Institutional
BANC FUNDS CO LLC
CIK 0001029311
$537.2M
Reported AUM
97
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · BANC FUNDS CO LLC · Q1 2026
AI · grounded in 13F
BANC FUNDS CO LLC closed its position in FNBT for a reduction of $8.35M. The fund established new positions in Bank of San Francisco for $4.32M and CBSH for $4.27M. Additionally, the fund increased its holdings in ALRS by 62.43% and MNSB by 25.82%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | PBAM | Private Bancorp of America, Inc. | $21.1M | 3.92% | +26,100 | +9.2% |
| 2 | OSBC | Old Second Bancorp, Inc. | $20.7M | 3.86% | +123,953 | +13.7% |
| 3 | UNTY | Unity Bancorp, Inc. | $19.5M | 3.62% | — | HELD |
| 4 | AVBH | Avidbank Holdings, Inc. | $19.0M | 3.53% | +68,670 | +11.5% |
| 5 | AMBZ | American Business Bank | $17.4M | 3.25% | -15,000 | -5.8% |
| 6 | BCAL | California BanCorp. | $14.7M | 2.74% | +65,000 | +8.5% |
| 7 | FRBA | First Bank | $13.8M | 2.57% | +205,766 | +31.3% |
| 8 | — | West Coast Community Bancorp | $13.1M | 2.45% | +3,200 | +1.2% |
| 9 | MBIN | Merchants Bancorp | $12.1M | 2.25% | +36,600 | +15.0% |
| 10 | MCB | Metropolitan Bank Holding Corp. | $11.8M | 2.21% | +13,400 | +10.4% |
| 11 | MNSB | MainStreet Bancshares, Inc. | $11.8M | 2.19% | +108,960 | +25.8% |
| 12 | FRST | Primis Financial Corporation | $11.6M | 2.16% | +84,200 | +10.7% |
| 13 | TCBI | Texas Capital Bancshares, Inc. | $11.4M | 2.12% | — | HELD |
| 14 | ALPIB | Alpine Banks of Colorado | $9.8M | 1.82% | -32,994 | -13.9% |
| 15 | PGC | Peapack-Gladstone Financial Corporation | $9.6M | 1.80% | -23,800 | -8.0% |
| 16 | SFST | Southern First Bancshares, Inc. | $9.4M | 1.74% | — | HELD |
| 17 | BANC | Banc of California, Inc. | $9.1M | 1.70% | — | HELD |
| 18 | FBIZ | First Business Financial Services, Inc. | $9.0M | 1.67% | — | HELD |
| 19 | MYFW | First Western Financial, Inc. | $8.6M | 1.59% | +2,314 | +0.7% |
| 20 | CBAN | Colony Bankcorp Inc. | $8.4M | 1.56% | -8,000 | -1.9% |
| 21 | CNOB | ConnectOne Bancorp, Inc. | $8.3M | 1.55% | +82,400 | +36.2% |
| 22 | ALRS | Alerus Financial Corporation | $8.3M | 1.54% | +134,198 | +62.4% |
| 23 | ISTR | Investar Holding Corporation | $8.2M | 1.53% | — | HELD |
| 24 | MCBI | Mountain Commerce Bancorp | $8.0M | 1.49% | — | HELD |
| 25 | BRBS | Blue Ridge Bankshares, Inc. | $7.9M | 1.48% | -140,000 | -6.9% |
| 26 | MRBK | Meridian Bank | $7.0M | 1.30% | +48,414 | +15.1% |
| 27 | TFIN | Triumph Bancorp, Inc. | $7.0M | 1.30% | — | HELD |
| 28 | MPB | Mid Penn Bank | $6.7M | 1.25% | — | HELD |
| 29 | MBWM | Mercantile Bank Corporation | $6.6M | 1.23% | +319 | +0.2% |
| 30 | CCNB | Coastal Carolina Bancshares, Inc. | $6.5M | 1.21% | — | HELD |
| 31 | CCNE | CNB Financial Corporation | $6.4M | 1.20% | +5,200 | +2.4% |
| 32 | TCBX | Third Coast Bancshares | $6.4M | 1.19% | +11,558 | +7.3% |
| 33 | BFST | Business First Bancshares, Inc. | $6.3M | 1.18% | +43,708 | +22.9% |
| 34 | OBT | Orange County Bancorp, Inc. | $6.3M | 1.18% | — | HELD |
| 35 | FSUN | FirstSun Capital Bancorp | $6.1M | 1.14% | — | HELD |
| 36 | SMBK | SmartFinancial, Inc. | $5.9M | 1.09% | -50,500 | -25.2% |
| 37 | UBFO | United Security Bankshares | $5.6M | 1.04% | -4,000 | -0.7% |
| 38 | BPRN | Princeton Bancorp, Inc. | $5.2M | 0.97% | — | HELD |
| 39 | STBK | Studio Bank | $5.2M | 0.97% | +3,100 | +0.7% |
| 40 | BSVN | Bank7 Corp | $5.1M | 0.95% | — | HELD |
| 41 | FSRL | First Reliance Bancshares, Inc. | $4.7M | 0.88% | -9,600 | -2.7% |
| 42 | WRIV | White River Bancshares Company | $4.7M | 0.88% | — | HELD |
| 43 | BWFG | Bankwell Financial Group, Inc. | $4.7M | 0.87% | — | HELD |
| 44 | FCPB | First Capital Bancshares, Inc. | $4.4M | 0.81% | -1,821 | -0.5% |
| 45 | — | Bank of San Francisco | $4.3M | 0.80% | +115,072 | NEW |
| 46 | CBSH | Commerce Bancshares, Inc. MO | $4.3M | 0.79% | +86,774 | NEW |
| 47 | RCBC | River City Bank | $4.3M | 0.79% | +820 | +0.8% |
| 48 | CZWI | Citizens Community Bancorp, Inc. | $4.1M | 0.76% | -40,231 | -16.3% |
| 49 | SABK | South Atlantic Bancshares, Inc. | $4.1M | 0.76% | -100 | -0.1% |
| 50 | ORPB | Oregon Pacific Bancorp | $4.0M | 0.74% | — | HELD |
| 51 | AMTB | Amerant Bancorp Inc. | $4.0M | 0.74% | — | HELD |
| 52 | — | Community Heritage Financial Inc. | $3.9M | 0.72% | +29,442 | +30.7% |
| 53 | BLHK | Blueharbor Bank | $3.9M | 0.72% | -200 | -0.2% |
| 54 | BSRR | Sierra Bancorp | $3.8M | 0.72% | -8,169 | -6.7% |
| 55 | FNRN | First Northern Community Bancorp | $3.7M | 0.69% | -67,516 | -22.4% |
| 56 | SBKO | Summit Bank Group, Inc. | $3.7M | 0.69% | — | HELD |
| 57 | SHBI | Shore Bancshares, Inc. | $3.7M | 0.68% | -9,000 | -4.4% |
| 58 | LNKB | LinkBancorp | $3.3M | 0.62% | — | HELD |
| 59 | INBK | First Internet Bancorp | $3.3M | 0.62% | — | HELD |
| 60 | FVCB | FVCBankcorp Inc. | $3.3M | 0.61% | — | HELD |
| 61 | FSBC | Five Star Bancorp | $3.2M | 0.60% | -10,000 | -10.4% |
| 62 | BUSE | First Busey Corporation | $3.2M | 0.60% | +51,500 | +68.1% |
| 63 | EDVR | Endeavor Bancorp | $2.7M | 0.51% | +66,666 | +66.0% |
| 64 | SSBI | Summit State Bank | $2.7M | 0.50% | +6,000 | +3.1% |
| 65 | FFWM | First Foundation Inc. | $2.6M | 0.47% | — | HELD |
| 66 | EFSI | Eagle Financial Services Inc. | $2.3M | 0.42% | — | HELD |
| 67 | MVBF | MVB Financial Corp. | $2.3M | 0.42% | +56,200 | +160.4% |
| 68 | CBNK | Capital Bancorp, Inc. | $2.2M | 0.42% | +53,900 | +251.9% |
| 69 | — | Commencement Bancorp, Inc. | $2.2M | 0.41% | — | HELD |
| 70 | FSBH | FSBH Corp (was First Southern Bank) | $2.2M | 0.40% | — | HELD |
| 71 | ARBV | American Riviera Bancorp | $2.1M | 0.39% | -4,931 | -5.2% |
| 72 | COSO | CoastalSouth Bancshares, Inc. | $2.1M | 0.39% | — | HELD |
| 73 | — | PSB Holdings, Inc. | $2.1M | 0.39% | -3,000 | -3.9% |
| 74 | PNFP | Pinnacle Financial Partners Inc. | $1.9M | 0.35% | +21,800 | NEW |
| 75 | FBK | FB Financial Corp. | $1.8M | 0.34% | -98,000 | -73.4% |
| 76 | BWB | Bridgewater Bancshares, Inc. | $1.8M | 0.33% | — | HELD |
| 77 | USCB | USCB Financial Holdings Inc. | $1.8M | 0.33% | — | HELD |
| 78 | PPBN | Pinnacle Bankshares Corporation | $1.7M | 0.33% | — | HELD |
| 79 | HNVR | Hanover Bancorp Inc. | $1.7M | 0.31% | -18,703 | -19.6% |
| 80 | BCTF | Bancorp 34, Inc. | $1.6M | 0.30% | -56,000 | -34.4% |
| 81 | RNST | Renasant Corporation | $1.5M | 0.28% | — | HELD |
| 82 | GNRV | Grand River Commerce, Inc. | $1.5M | 0.28% | — | HELD |
| 83 | — | Mission Valley Bancorp | $1.5M | 0.27% | — | HELD |
| 84 | — | F&M Bank Corp | $1.4M | 0.27% | — | HELD |
| 85 | TOWN | TowneBank | $1.4M | 0.26% | +40,804 | NEW |
| 86 | FXNC | First National Corporation | $1.3M | 0.25% | -11,101 | -18.4% |
| 87 | TBBK | The Bancorp, Inc. | $1.3M | 0.24% | — | HELD |
| 88 | SOME | Somerset Trust Holding Company | $1.1M | 0.21% | +4,230 | +35.9% |
| 89 | PWBK | Pacific West Bancorp | $1.1M | 0.20% | — | HELD |
| 90 | BY | Byline Bancorp, Inc. | $1.1M | 0.20% | -5,000 | -12.8% |
| 91 | SOUB | SouthPoint Bancshares, Inc. | $1.0M | 0.20% | -3,500 | -4.5% |
| 92 | XHC | Heritage Commerce Corp | $938K | 0.17% | -46,400 | -38.2% |
| 93 | LRBI | Lake Ridge Bancorp | $921K | 0.17% | +7,084 | NEW |
| 94 | PBNK | Pinnacle Bank | $723K | 0.13% | — | HELD |
| 95 | BAFN | BayFirst Financial Corp. | $582K | 0.11% | — | HELD |
| 96 | FCCO | First Community Corporation | $477K | 0.09% | -25,000 | -60.5% |
| 97 | PTBS | Potomac Bancshares, Inc. | $246K | 0.05% | +9,536 | +329.3% |
| 98 | FNBT | FineMark Holdings, Inc. | — | — | -219,426 | EXITED |
| 99 | — | Prime Meridian Holding Company | — | — | -76,418 | EXITED |
| 100 | UBAB | United Bancorporation of Alabama, Inc. | — | — | -37,117 | EXITED |
| 101 | DSBX | Dogwood State Bank | — | — | -79,721 | EXITED |
| 102 | BORT | Bank of Botetourt | — | — | -16,504 | EXITED |
| 103 | HBT | HBT Financial, Inc. | — | — | -18,403 | EXITED |
Source: SEC EDGAR · accession 0001029311-26-000046. 13F discloses long positions only — shorts, foreign equities, and options are excluded.