Banc Funds Co Llc Buys CrossFirst Bankshares Inc, American Business Bank, South Atlantic Bancshares Inc, Sells CenterState Bank Corp, Waterstone Financial Inc, Veritex Holdings Inc

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May 14, 2020
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Chicago, IL, based Investment company Banc Funds Co Llc (Current Portfolio) buys CrossFirst Bankshares Inc, American Business Bank, South Atlantic Bancshares Inc, Professional Holding Corp, First Advantage Bancorp, sells CenterState Bank Corp, Waterstone Financial Inc, Veritex Holdings Inc, Allegiance Bancshares Inc, Seacoast Banking Corp of Florida during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Banc Funds Co Llc. As of 2020Q1, Banc Funds Co Llc owns 198 stocks with a total value of $823 million. These are the details of the buys and sells.

For the details of BANC FUNDS CO LLC's stock buys and sells, go to https://www.gurufocus.com/guru/banc+funds+co+llc/current-portfolio/portfolio

These are the top 5 holdings of BANC FUNDS CO LLC
  1. Southern First Bancshares Inc (SFST) - 675,212 shares, 2.33% of the total portfolio. Shares reduced by 8.59%
  2. Peapack Gladstone Financial Corp (PGC) - 922,088 shares, 2.01% of the total portfolio. Shares reduced by 17.24%
  3. First Foundation Inc (FFWM) - 1,563,684 shares, 1.94% of the total portfolio. Shares added by 6.77%
  4. Mercantile Bank Corp (MBWM) - 694,732 shares, 1.79% of the total portfolio. Shares reduced by 11.78%
  5. SB One Bancorp (SBBX) - 839,425 shares, 1.73% of the total portfolio. Shares reduced by 0.44%
New Purchase: CrossFirst Bankshares Inc (CFB)

Banc Funds Co Llc initiated holding in CrossFirst Bankshares Inc. The purchase prices were between $5.74 and $14.42, with an estimated average price of $12.13. The stock is now traded at around $8.24. The impact to a portfolio due to this purchase was 1.5%. The holding were 1,470,289 shares as of .

New Purchase: Professional Holding Corp (PFHD)

Banc Funds Co Llc initiated holding in Professional Holding Corp. The purchase prices were between $14.24 and $20, with an estimated average price of $18.58. The stock is now traded at around $15.23. The impact to a portfolio due to this purchase was 0.19%. The holding were 100,000 shares as of .

New Purchase: First Advantage Bancorp (FABK)

Banc Funds Co Llc initiated holding in First Advantage Bancorp. The purchase prices were between $16.06 and $28.85, with an estimated average price of $25.53. The stock is now traded at around $17.75. The impact to a portfolio due to this purchase was 0.15%. The holding were 70,000 shares as of .

New Purchase: Farmers & Merchants Bancorp (FMCB)

Banc Funds Co Llc initiated holding in Farmers & Merchants Bancorp. The purchase prices were between $685 and $789.03, with an estimated average price of $758.51. The stock is now traded at around $710.00. The impact to a portfolio due to this purchase was 0.12%. The holding were 1,487 shares as of .

New Purchase: CNB Corp (CNBW)

Banc Funds Co Llc initiated holding in CNB Corp. The purchase prices were between $75 and $86.24, with an estimated average price of $83.38. The stock is now traded at around $62.50. The impact to a portfolio due to this purchase was 0.11%. The holding were 12,551 shares as of .

New Purchase: Crystal Valley Financial Corp (CYVF)

Banc Funds Co Llc initiated holding in Crystal Valley Financial Corp. The purchase prices were between $42.01 and $56.5, with an estimated average price of $53.53. The stock is now traded at around $43.00. The impact to a portfolio due to this purchase was 0.08%. The holding were 13,000 shares as of .

Added: American Business Bank (AMBZ)

Banc Funds Co Llc added to a holding in American Business Bank by 35.93%. The purchase prices were between $21.5 and $36.15, with an estimated average price of $32.61. The stock is now traded at around $25.50. The impact to a portfolio due to this purchase was 0.3%. The holding were 405,596 shares as of .

Added: South Atlantic Bancshares Inc (SABK)

Banc Funds Co Llc added to a holding in South Atlantic Bancshares Inc by 163.77%. The purchase prices were between $7.5 and $12.7, with an estimated average price of $11.51. The stock is now traded at around $8.51. The impact to a portfolio due to this purchase was 0.24%. The holding were 362,388 shares as of .

Added: Mountain Commerce Bancorp Inc (MCBI)

Banc Funds Co Llc added to a holding in Mountain Commerce Bancorp Inc by 24.42%. The purchase prices were between $13 and $23.25, with an estimated average price of $20.8. The stock is now traded at around $15.75. The impact to a portfolio due to this purchase was 0.14%. The holding were 450,953 shares as of .

Added: River City Bank (RCBC)

Banc Funds Co Llc added to a holding in River City Bank by 23.66%. The purchase prices were between $135 and $210, with an estimated average price of $189.94. The stock is now traded at around $144.70. The impact to a portfolio due to this purchase was 0.1%. The holding were 27,057 shares as of .

Added: Reliant Bancorp Inc (RBNC)

Banc Funds Co Llc added to a holding in Reliant Bancorp Inc by 22.78%. The purchase prices were between $10.37 and $22.76, with an estimated average price of $19.34. The stock is now traded at around $11.68. The impact to a portfolio due to this purchase was 0.08%. The holding were 323,364 shares as of .

Added: Pilot Bancshares Inc (PLBN)

Banc Funds Co Llc added to a holding in Pilot Bancshares Inc by 35.00%. The purchase prices were between $2.1 and $3.7, with an estimated average price of $3.36. The stock is now traded at around $2.40. The impact to a portfolio due to this purchase was 0.06%. The holding were 771,429 shares as of .

Sold Out: Waterstone Financial Inc (WSBF)

Banc Funds Co Llc sold out a holding in Waterstone Financial Inc. The sale prices were between $12.76 and $19.03, with an estimated average price of $17.04.

Sold Out: Ameris Bancorp (ABCB)

Banc Funds Co Llc sold out a holding in Ameris Bancorp. The sale prices were between $18.94 and $43.53, with an estimated average price of $35.97.

Sold Out: First Midwest Bancorp Inc (FMBI)

Banc Funds Co Llc sold out a holding in First Midwest Bancorp Inc. The sale prices were between $11.71 and $23.06, with an estimated average price of $19.

Sold Out: Guaranty Bancshares Inc (GNTY)

Banc Funds Co Llc sold out a holding in Guaranty Bancshares Inc. The sale prices were between $20.79 and $32.88, with an estimated average price of $29.04.

Sold Out: Bank First Corp (BFC)

Banc Funds Co Llc sold out a holding in Bank First Corp. The sale prices were between $45.37 and $70.01, with an estimated average price of $61.67.

Sold Out: Bar Harbor Bankshares Inc (BHB)

Banc Funds Co Llc sold out a holding in Bar Harbor Bankshares Inc. The sale prices were between $14.25 and $25.39, with an estimated average price of $21.43.



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