BANC FUNDS CO LLC
13F Reported Value
ⓘ$605.5M
Holdings
92
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
BANC FUNDS CO LLC disclosed 92 positions worth $605.5M in its Form 13F-HR for Q2 2026, led by $OSBC (OLD SECOND BANCORP INC) at 4.0% of the equity portfolio. During the quarter the fund opened 5 new positions and exited 10 — including a new stake in $FCBM. The portfolio is most concentrated in Financials (72.3% of disclosed assets). All figures are sourced directly from BANC FUNDS CO LLC’s Form 13F-HR filing with the SEC under CIK 1029311.
AI Fund Analysis
Stable
$OSBC
$AVBH
$UNTY
$BCAL$OSBC$AVBHSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 58.7#990
Quality
$24.1M1,034,143 sh Private Bancorp of America, Inc. - Common Stock
—Quality
$23.2M313,859 sh- 39.8#2,134
Quality
$22.1M668,100 sh - 60.6
Quality
$21.7M370,469 sh - $17.7M1,338,750 sh
- 66.8
Quality
$17.0M816,155 sh American Business Bank - Common Stock
—Quality
$16.7M229,173 shFirst Bank - Common Stock
—Quality
$15.3M864,205 shWest Coast Community Bancorp - Common Stock
—Quality
$15.1M301,420 sh- 55.1
Quality
$14.5M147,221 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| OLD SECOND BANCORP INC$OSBC | 58.7#990 | $24.1M | 1,034,143 |
| Private Bancorp of America, Inc. - Common Stock | — | $23.2M | 313,859 |
| Avidbank Holdings, Inc.$AVBH | 39.8#2,134 | $22.1M | 668,100 |
| UNITY BANCORP INC /NJ/$UNTY | 60.6 | $21.7M | 370,469 |
 First Carolina Financial Services, Inc.$FCBM | — | $17.7M | 1,338,750 |
| California BanCorp \ CA$BCAL | 66.8 | $17.0M | 816,155 |
| American Business Bank - Common Stock | — | $16.7M | 229,173 |
| First Bank - Common Stock | — | $15.3M | 864,205 |
| West Coast Community Bancorp - Common Stock | — | $15.1M | 301,420 |
 Metropolitan Bank Holding Corp.$MCB | 55.1 | $14.5M | 147,221 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of BANC FUNDS CO LLC's 92 positions.
Showing top 10 of 92 holdings.
Sector Allocation
Financials
$437.7M
Other
$167.7M
Full Holdings — BANC FUNDS CO LLC (Q2 2026)
All 92 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $OSBC | OLD SECOND BANCORP INC | $24.1M | 4.0% | +0% | 58.7 |
| 2 | — | Private Bancorp of America, Inc. - Common Stock | $23.2M | 3.8% | +1% | — |
| 3 | $AVBH | Avidbank Holdings, Inc. | $22.1M | 3.6% | +0% | 39.8 |
| 4 | $UNTY | UNITY BANCORP INC /NJ/ | $21.7M | 3.6% | -1% | 60.6 |
| 5 | $FCBM | First Carolina Financial Services, Inc. | $17.7M | 2.9% | NEW | — |
| 6 | $BCAL | California BanCorp \ CA | $17.0M | 2.8% | -2% | 66.8 |
| 7 | — | American Business Bank - Common Stock | $16.7M | 2.8% | -7% | — |
| 8 | — | First Bank - Common Stock | $15.3M | 2.5% | +0% | — |
| 9 | — | West Coast Community Bancorp - Common Stock | $15.1M | 2.5% | +9% | — |
| 10 | $MCB | Metropolitan Bank Holding Corp. | $14.5M | 2.4% | +4% | 55.1 |
| 11 |  $FRST | Primis Financial Corp. | $14.3M | 2.4% | +0% | 65.8 |
| 12 |  $MBIN | Merchants Bancorp | $14.3M | 2.4% | +1% | 55.3 |
| 13 |  $MNSB | MainStreet Bancshares, Inc. | $13.5M | 2.2% | +3% | 36.3 |
| 14 |  $PGC | PEAPACK GLADSTONE FINANCIAL CORP | $13.0M | 2.1% | +0% | 62.6 |
| 15 |  $TCBI | TEXAS CAPITAL BANCSHARES INC/TX | $12.4M | 2.0% | +0% | 64.4 |
| 16 |  $MYFW | First Western Financial Inc | $11.0M | 1.8% | -2% | 52 |
| 17 |  $ALRS | ALERUS FINANCIAL CORP | $10.9M | 1.8% | +0% | 47.3 |
| 18 |  $BANC | BANC OF CALIFORNIA, INC. | $10.6M | 1.8% | +0% | 35.3 |
| 19 |  $CNOB | ConnectOne Bancorp, Inc. | $10.4M | 1.7% | +0% | 65.6 |
| 20 |  $FBIZ | FIRST BUSINESS FINANCIAL SERVICES, INC. | $10.3M | 1.7% | -2% | 55.5 |
| 21 |  $SFST | SOUTHERN FIRST BANCSHARES INC | $9.9M | 1.6% | -5% | 62.7 |
| 22 | — | Alpine Banks of Colorado - Common Stock | $9.8M | 1.6% | +0% | — |
| 23 |  $FSUN | FIRSTSUN CAPITAL BANCORP | $9.2M | 1.5% | +41% | 52.9 |
| 24 |  $ISTR | Investar Holding Corp | $9.2M | 1.5% | +0% | 60.3 |
| 25 |  $TFIN | Triumph Financial, Inc. | $8.9M | 1.5% | +0% | 48 |
| 26 |  $CBAN | COLONY BANKCORP INC | $8.9M | 1.5% | +5% | 39.3 |
| 27 | — | Coastal Carolina Bancshares, Inc. - Common Stock | $8.3M | 1.4% | +5% | — |
| 28 |  $MRBK | Meridian Corp | $7.7M | 1.3% | +4% | 50.6 |
| 29 |  $MBWM | MERCANTILE BANK CORP | $7.5M | 1.2% | +0% | 54.6 |
| 30 |  $CCNE | CNB FINANCIAL CORP/PA | $7.5M | 1.2% | +0% | 66.3 |
| 31 |  $MPB | MID PENN BANCORP INC | $7.2M | 1.2% | +0% | 63.4 |
| 32 |  $BFST | Business First Bancshares, Inc. | $7.2M | 1.2% | +0% | 59.1 |
| 33 |  $OBT | Orange County Bancorp, Inc. /DE/ | $6.8M | 1.1% | -6% | 55.8 |
| 34 |  $TCBX | Third Coast Bancshares, Inc. | $6.8M | 1.1% | +0% | 65.9 |
| 35 |  $BRBS | BLUE RIDGE BANKSHARES, INC. | $6.7M | 1.1% | +0% | 35.9 |
| 36 |  $CWBC | Community West Bancshares | $6.5M | 1.1% | NEW | 62.3 |
| 37 |  $BSVN | Bank7 Corp. | $6.3M | 1.0% | +0% | 46.4 |
| 38 |  $BHRB | Burke & Herbert Financial Services Corp. | $5.9M | 1.0% | NEW | 62.3 |
| 39 |  $BPRN | Princeton Bancorp, Inc. | $5.8M | 1.0% | +0% | 45 |
| 40 | — | Studio Bank - Common Stock | $5.6M | 0.9% | +0% | — |
| 41 | — | River City Bank - Common Stock | $5.6M | 0.9% | +26% | — |
| 42 | — | First Reliance Bancshares, Inc. - Common Stock | $5.5M | 0.9% | -13% | — |
| 43 |  $BWFG | Bankwell Financial Group, Inc. | $5.3M | 0.9% | -6% | 57.6 |
| 44 | — | Bank of San Francisco - Common Stock | $5.1M | 0.8% | +2% | — |
| 45 | — | White River Bancshares Company - Common Stock | $4.9M | 0.8% | +0% | — |
| 46 |  $SMBK | SMARTFINANCIAL INC. | $4.6M | 0.8% | -35% | 62.3 |
| 47 |  $CZWI | Citizens Community Bancorp Inc. | $4.6M | 0.8% | -5% | 36.1 |
| 48 |  $INBK | First Internet Bancorp | $4.5M | 0.7% | +0% | 33.4 |
| 49 | — | South Atlantic Bancshares, Inc. - Common Stock | $4.5M | 0.7% | -2% | — |
| 50 | — | Community Heritage Financial Inc. - Common Stock | $4.5M | 0.7% | +0% | — |
| 51 |  $AMTB | Amerant Bancorp Inc. | $4.4M | 0.7% | -3% | 48.7 |
| 52 |  $FSBC | FIVE STAR BANCORP | $4.2M | 0.7% | +0% | 62 |
| 53 | — | Summit Bank Group, Inc. - Common Stock | $4.1M | 0.7% | -3% | — |
| 54 | — | First Capital Bancshares, Inc. - Common Stock | $4.1M | 0.7% | -11% | — |
| 55 | — | Oregon Pacific Bancorp - Common Stock | $4.0M | 0.7% | +0% | — |
| 56 |  $BSRR | SIERRA BANCORP | $4.0M | 0.7% | -12% | 48.1 |
| 57 |  $FVCB | FVCBankcorp, Inc. | $3.7M | 0.6% | +0% | 54.8 |
| 58 | — | Blueharbor Bank - Common Stock | $3.7M | 0.6% | -9% | — |
| 59 |  $PNFP | Pinnacle Financial Partners, Inc. | $3.6M | 0.6% | +64% | 54.5 |
| 60 |  $MVBF | MVB FINANCIAL CORP | $3.4M | 0.6% | +27% | 55.2 |
| 61 |  $BUSE | FIRST BUSEY CORP /NV/ | $3.4M | 0.6% | -10% | 68.4 |
| 62 | — | Endeavor Bancorp - Common Stock | $3.3M | 0.5% | +2% | — |
| 63 |  $HOMB | HOME BANCSHARES INC | $3.2M | 0.5% | NEW | 61.6 |
| 64 |  $SHBI | SHORE BANCSHARES INC | $3.1M | 0.5% | -30% | 57.8 |
| 65 | — | Summit State Bank - Common Stock | $2.7M | 0.4% | -2% | — |
| 66 |  $CBNK | Capital Bancorp Inc | $2.6M | 0.4% | +0% | 63.7 |
| 67 | — | Commencement Bancorp, Inc. - Common Stock | $2.4M | 0.4% | +6% | — |
| 68 |  $EFSI | EAGLE FINANCIAL SERVICES INC | $2.3M | 0.4% | -13% | 55.7 |
| 69 |  $COSO | CoastalSouth Bancshares, Inc. | $2.3M | 0.4% | +0% | 44.5 |
| 70 | — | American Riviera Bancorp - Common Stock | $2.3M | 0.4% | +0% | — |
| 71 |  $RNST | RENASANT CORP | $2.2M | 0.4% | +24% | 72.9 |
| 72 | — | FSBH Corp (was First Southern Bank) - Common Stock | $2.2M | 0.4% | +0% | — |
| 73 |  $BWB | Bridgewater Bancshares Inc | $2.0M | 0.3% | -5% | 61.8 |
| 74 |  $FBK | FB Financial Corp | $2.0M | 0.3% | +0% | 67 |
| 75 |  $USCB | USCB FINANCIAL HOLDINGS, INC. | $2.0M | 0.3% | +0% | 57.8 |
| 76 | — | Lake Ridge Bancorp - Common Stock | $1.7M | 0.3% | +61% | — |
| 77 | — | F&M Bank Corp - Common Stock | $1.7M | 0.3% | +0% | — |
| 78 | — | Grand River Commerce, Inc. - Common Stock | $1.6M | 0.3% | -15% | — |
| 79 | — | Mission Valley Bancorp - Common Stock | $1.5M | 0.3% | +0% | — |
| 80 | — | TowneBank - Common Stock | $1.5M | 0.2% | +0% | — |
| 81 |  $TBBK | Bancorp, Inc. | $1.5M | 0.2% | +0% | 61.1 |
| 82 | — | Pinnacle Bankshares Corporation - Common Stock | $1.4M | 0.2% | -32% | — |
| 83 | — | Somerset Trust Holding Company - Common Stock | $1.2M | 0.2% | +0% | — |
| 84 | — | Pacific West Bancorp - Common Stock | $1.2M | 0.2% | +0% | — |
| 85 | — | SouthPoint Bancshares, Inc. - Common Stock | $1.1M | 0.2% | -0% | — |
| 86 | — | Bancorp 34, Inc. - Common Stock | $951,670 | 0.2% | -42% | — |
| 87 |  $FXNC | FIRST NATIONAL CORP /VA/ | $941,847 | 0.2% | -36% | 58.2 |
| 88 | — | Pinnacle Bank - Common Stock | $796,801 | 0.1% | +0% | — |
| 89 |  $SYBT | Stock Yards Bancorp, Inc. | $764,700 | 0.1% | NEW | 61.6 |
| 90 |  $BY | BYLINE BANCORP, INC. | $741,224 | 0.1% | -42% | 55.7 |
| 91 |  $BAFN | BayFirst Financial Corp. | $458,395 | 0.1% | +0% | 12 |
| 92 | — | Potomac Bancshares, Inc. - Common Stock | $295,384 | 0.1% | +0% | — |
New Positions (5)
Exited Positions (10)
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