BANC FUNDS CO LLC

CIK

1029311

Location

CHICAGO, IL

Portfolio Value

Small $482,310,762

Diversification

Diversified

Filing Date

Global Rank

#2,925 / 8,700 ▲ 1044

Top Industry

Banks - Regional 100.0%

Period ended 2 months ago

Filed Aug 13, 2026 · 31d

26 quarters · since Mar 2020

Portfolio Concentration

62 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

5.0%

−0.2 pts

Top 5

22.6%

−0.8 pts

Top 10

37.8%

+0.1 pts

HHI

251

Diversified−2

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	100.0%	$482,310,762	62

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
FSUN	Firstsun Capital Bancorp	+69,542	238,031	$9,230,842
CCNB	Coastal Carolina Bancshares, Inc.	+25,300	492,071	$8,281,554
MVBF	Mvb Financial Corp	+24,766	116,010	$3,365,450
CBAN	Colony Bankcorp Inc	+22,000	441,478	$8,869,293
MNSB	MainStreet Bancshares, Inc.	+14,738	545,679	$13,472,814
PNFP	Pinnacle Financial Partners, Inc.	+14,000	35,800	$3,611,504
MRBK	Meridian Corp	+13,200	382,533	$7,662,135
RNST	Renasant Corp	+10,000	51,875	$2,206,762
OSBC	Old Second Bancorp Inc	+5,000	1,034,143	$24,116,214
MCB	Metropolitan Bank Holding Corp.	+5,000	147,221	$14,539,545
MBIN	Merchants Bancorp	+4,000	285,062	$14,253,100
PBAM	Private Bancorp of America, Inc.	+4,000	313,859	$23,225,566
AVBH	Avidbank Holdings, Inc.	+3,000	668,100	$22,067,343
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
SHBI	Shore Bancshares Inc	−59,320	136,243	$3,126,776
SMBK	Smartfinancial Inc.	−52,461	97,626	$4,580,611
BCTF	Bancorp 34, Inc.	−45,000	61,857	$0
FXNC	First National Corp /Va/	−18,017	31,374	$941,847
BCAL	California BanCorp \ CA	−15,000	816,155	$17,008,670
BY	Byline Bancorp, Inc.	−14,475	19,682	$741,224
BSRR	Sierra Bancorp	−14,000	99,255	$4,045,633
BUSE	First Busey Corp /Nv/	−13,000	114,077	$3,365,271
OBT	Orange County Bancorp, Inc. /DE/	−11,501	186,035	$6,842,367
CZWI	Citizens Community Bancorp Inc.	−11,000	195,055	$4,562,336
SFST	Southern First Bancshares Inc	−9,000	162,655	$9,938,220
EFSI	Eagle Financial Services Inc	−8,500	56,500	$2,342,490
AMTB	Amerant Bancorp Inc.	−6,000	174,000	$4,440,480
MYFW	First Western Financial Inc	−6,000	342,404	$10,994,592
BWFG	Bankwell Financial Group, Inc.	−6,000	90,423	$5,312,351
UNTY	Unity Bancorp Inc /Nj/	−5,000	370,469	$21,742,825
BWB	Bridgewater Bancshares Inc	−5,000	96,479	$2,029,918
FBIZ	First Business Financial Services, Inc.	−3,000	163,224	$10,310,860
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
FCBM	First Carolina Financial Services, Inc.	1,338,750	$17,725,050
BHRB	Burke & Herbert Financial Services Corp.	82,374	$5,919,395
HOMB	Home Bancshares Inc	112,099	$3,200,426
SYBT	Stock Yards Bancorp, Inc.	10,000	$764,700
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
CBSH	Commerce Bancshares Inc /Mo/	86,774	$4,269,280
FNRN	First Northern Community Bancorp	234,181	$3,721,136
HNVR	Hanover Bancorp, Inc. /MD	76,757	$1,657,183
FCCO	First Community Corp /Sc/	16,317	$476,945
—		75,139	$0
—		532,316	$0
—		401,593	$0
—		432,396	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

62 tracked positions · $482,310,762 total · filing declares 92 positions · $605,452,100 · as of Jun 30, 2026

All sectors Financial Services

Showing 1–50 of 62 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
OSBC	Old Second Bancorp Inc Financial Services	Added	1,034,143	+5,000	$24,116,214	+16.2%	5.00%
PBAM	Private Bancorp of America, Inc. Financial Services	Added	313,859	+4,000	$23,225,566	+10.2%	4.82%
AVBH	Avidbank Holdings, Inc. Financial Services	Added	668,100	+3,000	$22,067,343	+16.4%	4.58%
UNTY	Unity Bancorp Inc /Nj/ Financial Services	Reduced	370,469	-5,000	$21,742,825	+11.7%	4.51%
FCBM	First Carolina Financial Services, Inc. Financial Services	NEW	1,338,750	NEW	$17,725,050	NEW	3.68%
BCAL	California BanCorp \ CA Financial Services	Reduced	816,155	-15,000	$17,008,670	+15.5%	3.53%
MCB	Metropolitan Bank Holding Corp. Financial Services	Added	147,221	+5,000	$14,539,545	+22.7%	3.01%
FRST	Primis Financial Corp. Financial Services	Held	872,961	0	$14,290,371	+23.3%	2.96%
MBIN	Merchants Bancorp Financial Services	Added	285,062	+4,000	$14,253,100	+18.2%	2.96%
MNSB	MainStreet Bancshares, Inc. Financial Services	Added	545,679	+14,738	$13,472,814	+14.3%	2.79%
PGC	Peapack Gladstone Financial Corp Financial Services	Held	273,947	0	$12,965,911	+34.4%	2.69%
TCBI	Texas Capital Bancshares Inc/Tx Financial Services	Held	119,762	0	$12,366,624	+8.8%	2.56%
MYFW	First Western Financial Inc Financial Services	Reduced	342,404	-6,000	$10,994,592	+28.4%	2.28%
ALRS	Alerus Financial Corp Financial Services	Held	349,165	0	$10,859,031	+31.2%	2.25%
BANC	Banc Of California, Inc. Financial Services	Held	519,738	0	$10,618,247	+16.2%	2.20%
CNOB	ConnectOne Bancorp, Inc. Financial Services	Held	310,195	0	$10,372,920	+24.9%	2.15%
FBIZ	First Business Financial Services, Inc. Financial Services	Reduced	163,224	-3,000	$10,310,860	+15.0%	2.14%
SFST	Southern First Bancshares Inc Financial Services	Reduced	162,655	-9,000	$9,938,220	+6.2%	2.06%
ALPIB	Alpine Banks Of Colorado Financial Services	Held	204,321	0	$9,803,321	+0.4%	2.03%
WRIV	White River Bancshares Co Financial Services	Held	89,000	0	$9,718,800	+3.0%	2.02%
FSUN	Firstsun Capital Bancorp Financial Services	Added	238,031	+69,542	$9,230,842	+50.3%	1.91%
ISTR	Investar Holding Corp Financial Services	Held	306,896	0	$9,194,604	+9.9%	1.91%
TFIN	Triumph Financial, Inc. Financial Services	Held	117,136	0	$8,938,648	+27.9%	1.85%
CBAN	Colony Bankcorp Inc Financial Services	Added	441,478	+22,000	$8,869,293	+5.9%	1.84%
CCNB	Coastal Carolina Bancshares, Inc. Financial Services	Added	492,071	+25,300	$8,281,554	+27.6%	1.72%
MRBK	Meridian Corp Financial Services	Added	382,533	+13,200	$7,662,135	+9.4%	1.59%
MBWM	Mercantile Bank Corp Financial Services	Held	131,160	0	$7,531,207	+13.7%	1.56%
CCNE	Cnb Financial Corp/Pa Financial Services	Held	222,375	0	$7,496,261	+16.4%	1.55%
MPB	Mid Penn Bancorp Inc Financial Services	Held	207,982	0	$7,246,092	+8.3%	1.50%
BFST	Business First Bancshares, Inc. Financial Services	Held	234,257	0	$7,198,717	+13.6%	1.49%
OBT	Orange County Bancorp, Inc. /DE/ Financial Services	Reduced	186,035	-11,501	$6,842,367	+8.3%	1.42%
TCBX	Third Coast Bancshares, Inc. Financial Services	Held	169,064	0	$6,830,185	+6.8%	1.42%
BRBS	Blue Ridge Bankshares, Inc. Financial Services	Held	1,889,033	0	$6,668,286	−16.0%	1.38%
BSVN	Bank7 Corp. Financial Services	Held	128,519	0	$6,291,005	+22.7%	1.30%
BHRB	Burke & Herbert Financial Services Corp. Financial Services	NEW	82,374	NEW	$5,919,395	NEW	1.23%
BPRN	Princeton Bancorp, Inc. Financial Services	Held	153,926	0	$5,841,491	+12.4%	1.21%
BWFG	Bankwell Financial Group, Inc. Financial Services	Reduced	90,423	-6,000	$5,312,351	+13.5%	1.10%
SMBK	Smartfinancial Inc. Financial Services	Reduced	97,626	-52,461	$4,580,611	−21.9%	0.95%
CZWI	Citizens Community Bancorp Inc. Financial Services	Reduced	195,055	-11,000	$4,562,336	+11.8%	0.95%
INBK	First Internet Bancorp Financial Services	Held	162,176	0	$4,508,492	+36.4%	0.93%
AMTB	Amerant Bancorp Inc. Financial Services	Reduced	174,000	-6,000	$4,440,480	+11.9%	0.92%
FSBC	Five Star Bancorp Financial Services	Held	85,919	0	$4,183,396	+29.1%	0.87%
BSRR	Sierra Bancorp Financial Services	Reduced	99,255	-14,000	$4,045,633	+5.3%	0.84%
FVCB	FVCBankcorp, Inc. Financial Services	Held	214,088	0	$3,746,540	+15.2%	0.78%
PNFP	Pinnacle Financial Partners, Inc. Financial Services	Added	35,800	+14,000	$3,611,504	+92.3%	0.75%
MVBF	Mvb Financial Corp Financial Services	Added	116,010	+24,766	$3,365,450	+48.5%	0.70%
BUSE	First Busey Corp /Nv/ Financial Services	Reduced	114,077	-13,000	$3,365,271	+4.8%	0.70%
HOMB	Home Bancshares Inc Financial Services	NEW	112,099	NEW	$3,200,426	NEW	0.66%
SHBI	Shore Bancshares Inc Financial Services	Reduced	136,243	-59,320	$3,126,776	−14.4%	0.65%
CBNK	Capital Bancorp Inc Financial Services	Held	75,300	0	$2,644,536	+18.1%	0.55%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.