Banc Funds Co LLC
- SEC CIK
- 0001029311
- Latest filing
- Aug 13, 2026
Holdings in Q4 2023
Holdings as of Dec 31, 2023, filed Feb 13, 2024. Long positions only; changes compare share counts with Q3 2023.
- Positions
- 145
- −4 vs. Q3 2023
- Portfolio value
- $1.01B
- +$161.8M (+19.0%) vs. Q3 2023
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| OSBCOld Second Bancorp Inc | COM | 2,126,262 | $32.8M | 3.2% | +74,952+3.7% | Added | History |
| UNTYUnity Bancorp Inc | COM | 991,614 | $29.3M | 2.9% | 00.0% | Unchanged | History |
| TFINTriumph Financial, Inc. | COM | 331,418 | $26.6M | 2.6% | 00.0% | Unchanged | History |
| First BK Williamstown New Je31931U102 | COM | 1,690,908 | $24.9M | 2.5% | −28,541−1.7% | Reduced | – |
| MBINMerchants Bancorp | COM | 527,700 | $22.5M | 2.2% | +18,000+3.5% | Added | History |
| CFBCrossfirst Bankshares, Inc. | COM | 1,610,289 | $21.9M | 2.2% | 00.0% | Unchanged | History |
| PGCPeapack Gladstone Financial Corp | COM | 731,999 | $21.8M | 2.2% | 00.0% | Unchanged | History |
| SSBKSouthern States Bancshares, Inc. | COM | 732,343 | $21.4M | 2.1% | +166,700+29.5% | Added | History |
| FRSTPrimis Financial Corp. | COM | 1,693,521 | $21.4M | 2.1% | +45,000+2.7% | Added | History |
| American Business Bank02475L105 | COM | 593,363 | $21.3M | 2.1% | −10,000−1.7% | Reduced | – |
| OBTOrange County Bancorp, Inc. | COM | 341,064 | $20.5M | 2.0% | −30,727−8.3% | Reduced | History |
| Finemark Hldgs Inc31788B108 | COM | 824,344 | $19.9M | 2.0% | 00.0% | Unchanged | – |
| MBWMMercantile Bank Corp | COM | 471,558 | $19.0M | 1.9% | −21,600−4.4% | Reduced | History |
| FBIZFirst Business Financial Services, Inc. | COM | 458,694 | $18.4M | 1.8% | 00.0% | Unchanged | History |
| WCCBWest Coast Community Bancorp | Com | 566,767 | $17.0M | 1.7% | +566,767 | New | History |
| TCBITexas Capital Bancshares Inc | COM | 244,405 | $15.8M | 1.6% | 00.0% | Unchanged | History |
| SFSTSouthern First Bancshares Inc | COM | 418,573 | $15.5M | 1.5% | 00.0% | Unchanged | History |
| MNSBMainStreet Bancshares, Inc. | COM | 606,371 | $15.0M | 1.5% | 00.0% | Unchanged | History |
| MYFWFirst Western Financial Inc | COM | 758,386 | $15.0M | 1.5% | 00.0% | Unchanged | History |
| AVBHAvidbank Holdings, Inc. | COM | 695,697 | $14.9M | 1.5% | 00.0% | Unchanged | History |
| CBANColony Bankcorp Inc | COM | 1,105,072 | $14.7M | 1.4% | 00.0% | Unchanged | History |
| CALBCalifornia BanCorp | COM | 577,114 | $14.3M | 1.4% | −32,595−5.3% | Reduced | History |
| BANCBanc of California, Inc. | COM | 1,048,229 | $14.1M | 1.4% | +370,817+54.7% | Added | History |
| SMBKSmartfinancial Inc. | COM NEW | 572,648 | $14.0M | 1.4% | 00.0% | Unchanged | History |
| CNOBConnectOne Bancorp, Inc. | COM | 601,306 | $13.8M | 1.4% | −25,700−4.1% | Reduced | History |
| ALPIBAlpine Banks of Colorado | COM | 465,353 | $13.7M | 1.3% | 00.0% | Unchanged | History |
| FFWMFirst Foundation Inc. | COM | 1,353,054 | $13.1M | 1.3% | 00.0% | Unchanged | History |
| ALRSAlerus Financial Corp | COM | 583,022 | $13.1M | 1.3% | 00.0% | Unchanged | History |
| MCBMetropolitan Bank Holding Corp. | COM | 235,664 | $13.1M | 1.3% | +3,000+1.3% | Added | History |
| PBAMPrivate Bancorp of America, Inc. | Common | 337,065 | $11.8M | 1.2% | +35,835+11.9% | Added | History |
| BFSTBusiness First Bancshares, Inc. | COM | 478,003 | $11.8M | 1.2% | 00.0% | Unchanged | History |
| CCNECNB Financial Corp | COM | 497,188 | $11.2M | 1.1% | 00.0% | Unchanged | History |
| MPBMid Penn Bancorp Inc | COM | 459,827 | $11.2M | 1.1% | 00.0% | Unchanged | History |
| LBAILakeland Bancorp Inc | COM | 754,306 | $11.2M | 1.1% | −55,000−6.8% | Reduced | History |
| Mountain Comm Bancor624004107 | COM | 588,095 | $10.9M | 1.1% | +15,000+2.6% | Added | – |
| MRBKMeridian Corp | COM | 782,678 | $10.9M | 1.1% | +53,990+7.4% | Added | History |
| BSVNBank7 Corp. | COM | 384,000 | $10.5M | 1.0% | 00.0% | Unchanged | History |
| BPRNPrinceton Bancorp, Inc. | COM | 282,631 | $10.1M | 1.0% | 00.0% | Unchanged | History |
| CZWICitizens Community Bancorp Inc. | COM | 851,331 | $9.97M | 1.0% | −25,996−3.0% | Reduced | History |
| BSRRSierra Bancorp | COM | 436,746 | $9.85M | 1.0% | 00.0% | Unchanged | History |
| TCBXThird Coast Bancshares, Inc. | COM | 487,654 | $9.69M | 1.0% | 00.0% | Unchanged | History |
| INBKFirst Internet Bancorp | COM | 392,313 | $9.49M | 0.9% | 00.0% | Unchanged | History |
| BRBSBlue Ridge Bankshares, Inc. | COM | 3,127,414 | $9.48M | 0.9% | +2,000,000+177.4% | Added | History |
| Fentura Financial Inc314645102 | COM | 340,949 | $9.27M | 0.9% | −7,200−2.1% | Reduced | – |
| ISTRInvestar Holding Corp | COM | 609,617 | $9.09M | 0.9% | +16,918+2.9% | Added | History |
| BYByline Bancorp, Inc. | COM | 368,518 | $8.68M | 0.9% | −1,855−0.5% | Reduced | History |
| BWFGBankwell Financial Group, Inc. | COM | 281,623 | $8.50M | 0.8% | 00.0% | Unchanged | History |
| FSUNFirstsun Capital Bancorp | COM | 237,396 | $8.07M | 0.8% | 00.0% | Unchanged | History |
| LNKBLINKBANCORP, Inc. | COMMON STOCK | 1,004,000 | $8.00M | 0.8% | 00.0% | Unchanged | History |
| FNRNFirst Northern Community Bancorp | COM | 882,651 | $7.87M | 0.8% | +23,000+2.7% | Added | History |
| PSB Hldgs Inc Wis69360N108 | COM | 320,456 | $7.08M | 0.7% | −1,300−0.4% | Reduced | – |
| CSTRCapStar Financial Holdings, Inc. | COM | 365,481 | $6.85M | 0.7% | −28,000−7.1% | Reduced | History |
| HTBKHeritage Commerce Corp | COM | 683,598 | $6.78M | 0.7% | +51,515+8.2% | Added | History |
| VBTXVeritex Holdings, Inc. | COM | 289,000 | $6.72M | 0.7% | 00.0% | Unchanged | History |
| SHBIShore Bancshares Inc | COM | 460,836 | $6.57M | 0.6% | 00.0% | Unchanged | History |
| American Riviera Bancorp02933K103 | Com | 380,946 | $6.29M | 0.6% | 00.0% | Unchanged | – |
| HBTHBT Financial, Inc. | COM | 284,722 | $6.01M | 0.6% | −120,416−29.7% | Reduced | History |
| DCOMDime Commercial Bancshares, Inc. | COM | 217,777 | $5.87M | 0.6% | 00.0% | Unchanged | History |
| EBTCEnterprise Bancorp Inc | COM | 181,061 | $5.84M | 0.6% | −7,125−3.8% | Reduced | History |
| CATCCambridge Bancorp | COM | 82,928 | $5.75M | 0.6% | 00.0% | Unchanged | History |
| OBKOrigin Bancorp, Inc. | COM | 158,142 | $5.63M | 0.6% | −8,000−4.8% | Reduced | History |
| BCALCalifornia BanCorp | COM | 317,581 | $5.51M | 0.5% | −28,419−8.2% | Reduced | History |
| South Atlantic Bancshares Inc83636T104 | COM | 430,078 | $5.48M | 0.5% | 00.0% | Unchanged | – |
| Prime Meridian Hldg74164R107 | COM | 232,776 | $5.48M | 0.5% | 00.0% | Unchanged | – |
| Summit St BK Santa Rosa Cali866264203 | COM | 439,395 | $5.41M | 0.5% | 00.0% | Unchanged | – |
| Merchants Finan588538108 | COM | 214,548 | $5.10M | 0.5% | +20,000+10.3% | Added | – |
| First Reliance Bancshares Inc33615Q100 | COM | 591,584 | $5.07M | 0.5% | 00.0% | Unchanged | – |
| Oregon Pacific Bancorp686040205 | COM | 661,386 | $5.01M | 0.5% | +40,000+6.4% | Added | – |
| River City Bank76803X106 | Common | 21,837 | $4.92M | 0.5% | +220+1.0% | Added | – |
| United BanCorp of Alabama Inc90944R100 | COM | 117,699 | $4.90M | 0.5% | 00.0% | Unchanged | – |
| Traditions Bancorp Inc89269L102 | COM | 252,235 | $4.89M | 0.5% | 00.0% | Unchanged | – |
| Southern BancShares (N.C.), Inc.842243107 | COM | 887 | $4.79M | 0.5% | −200−18.4% | Reduced | – |
| UBFOUnited Security Bancshares | COM | 564,227 | $4.75M | 0.5% | 00.0% | Unchanged | History |
| EQBKEquity Bancshares Inc | COM CL A | 130,658 | $4.43M | 0.4% | −7,634−5.5% | Reduced | History |
| FCCOFirst Community Corp | COM | 202,710 | $4.36M | 0.4% | −7,559−3.6% | Reduced | History |
| FVCBFVCBankcorp, Inc. | COM | 304,521 | $4.32M | 0.4% | −55,900−15.5% | Reduced | History |
| FXNCFirst National Corp | COM | 193,422 | $4.21M | 0.4% | −29,698−13.3% | Reduced | History |
| Bay Community Bancorp072205107 | COM | 532,316 | $4.10M | 0.4% | −60,000−10.1% | Reduced | – |
| HNVRHanover Bancorp, Inc. | COM NEW | 228,440 | $4.03M | 0.4% | 00.0% | Unchanged | History |
| Pinnacle Bank72346K107 | COM | 275,528 | $3.90M | 0.4% | 00.0% | Unchanged | – |
| OVLYOak Valley Bancorp | COM | 124,152 | $3.72M | 0.4% | −14,128−10.2% | Reduced | History |
| Community Heritage Financial Inc.20370L103 | COM | 206,558 | $3.46M | 0.3% | 00.0% | Unchanged | – |
| SAMGSilvercrest Asset Management Group Inc. | CL A | 203,286 | $3.46M | 0.3% | 00.0% | Unchanged | History |
| Foresight Financial Group Inc345526107 | COM | 142,598 | $3.41M | 0.3% | 00.0% | Unchanged | – |
| First Capital Bancshares, Inc.31941G101 | Common | 422,796 | $3.38M | 0.3% | −5,600−1.3% | Reduced | – |
| COSOCoastalSouth Bancshares, Inc. | COM NEW | 214,258 | $3.21M | 0.3% | 00.0% | Unchanged | History |
| 1st Capital Bancorp319427100 | COM | 266,658 | $3.19M | 0.3% | −58,400−18.0% | Reduced | – |
| Studio Financial Holdings Inc864001102 | COM | 299,074 | $3.14M | 0.3% | +225,000+303.8% | Added | – |
| SouthPoint Bancshares, Inc.844647107 | Common | 109,704 | $3.13M | 0.3% | 00.0% | Unchanged | – |
| CCNBCoastal Carolina Bancshares, Inc. | Common | 311,992 | $3.10M | 0.3% | 00.0% | Unchanged | History |
| FSBCFive Star Bancorp | COM | 113,600 | $2.97M | 0.3% | 00.0% | Unchanged | History |
| SBTSterling Bancorp, Inc. | COM | 502,061 | $2.90M | 0.3% | 00.0% | Unchanged | History |
| Northway Financial667270201 | COM | 155,038 | $2.83M | 0.3% | 00.0% | Unchanged | – |
| USCBUscb Financial Holdings, Inc. | CLASS A COM | 229,730 | $2.81M | 0.3% | −24,000−9.5% | Reduced | History |
| Commencement Bancorp, Inc.20051D107 | COM | 278,560 | $2.79M | 0.3% | 00.0% | Unchanged | – |
| WRIVWhite River Bancshares Co | Common | 42,888 | $2.63M | 0.3% | +1,323+3.2% | Added | History |
| Mission Valley Bancorp60520E104 | Common | 188,542 | $2.59M | 0.3% | 00.0% | Unchanged | – |
| BWBBridgewater Bancshares Inc | COM | 186,704 | $2.52M | 0.2% | +123,695+196.3% | Added | History |
| Blueharbor bank095613105 | Common | 121,283 | $2.42M | 0.2% | 00.0% | Unchanged | – |
| Malaga Financial Corporation561046103 | Common | 103,304 | $2.38M | 0.2% | +4,919+5.0% | Added | – |
Sold out since Q3 2023 (5)
Positions held at the end of Q3 2023 that are gone from this filing.
| Security | Class | Shares in Q3 2023 | Value in Q3 2023 | % of portfolio in Q3 2023 | History |
|---|---|---|---|---|---|
| Santa Cruz County Bank801827106 | COM | 573,267 | $14.6M | 1.7% | – |
| PACWPacwest Bancorp | COM | 564,497 | $4.46M | 0.5% | History |
| PEBOPeoples Bancorp Inc | COM | 11,434 | $2.29M | 0.3% | History |
| WTB Financial Corp929334209 | CLB | 6,292 | $1.69M | 0.2% | – |
| FCFFirst Commonwealth Financial Corp | COM | 48,625 | $594.0K | 0.1% | History |