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Institutional Investment Manager
BANC FUNDS CO LLC
BANC FUNDS CO LLC (CIK: 0001029311) incorporated in Illinois, located at 150 S. Wacker Drive, Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 304 holdings with a total value of $1,589,891,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 Enterprise Finl Svcs Corp 1,632,141 44,133,000 2.78%
2 Mercantile Bank Corp 1,528,911 34,278,000 2.16%
3 STATE BK FINL CORP COM 1,729,045 34,166,000 2.15%
4 SANDY SPRING BANCORP INC COM 1,146,693 31,912,000 2.01%
5 CENTERSTATE BANKS COMMON STK USD0.01 2,003,289 29,829,000 1.88%
6 FIRST MIDWEST BANCORP DEL COM 1,561,541 28,139,000 1.77%
7 PACIFIC CONTINENTAL CORP 1,670,896 26,952,000 1.70%
8 SUFFOLK BANCORP COM 1,050,163 26,506,000 1.67%
9 TRISTATE CAP HLDGS INC COM 2,035,377 25,646,000 1.61%
10 CoBiz Financial Inc 2,025,073 23,936,000 1.51%
11 CU BANCORP CALIF 1,125,614 23,829,000 1.50%
12 FIDELITY SOUTHERN CORP 1,456,529 23,363,000 1.47%
13 PEAPACK-GLADSTONE FINL CORP 1,354,019 22,883,000 1.44%
14 MB FINL INC 678,021 22,002,000 1.38%
15 BOSTON PRIVATE FINANCIAL HLDGS INC (FORM BOSTON PRIVATE BANCORP INC) 1,823,363 20,878,000 1.31%
16 Park Sterling Corp 2,849,355 19,005,000 1.20%
17 FIRST MERCHANTS CORP COM 783,326 18,463,000 1.16%
18 CAPITAL BANK 595,524 18,372,000 1.16%
19 CENTRAL PAC FINL CORP COM NEW 821,430 17,883,000 1.12%
20 OLD SECOND BANCORP INC ILL 2,475,284 17,748,000 1.12%
21 Heritage Commerce Corp 1,748,232 17,500,000 1.10%
22 LAKELAND BANCORP INC COM 1,605,062 16,291,000 1.02%
23 HERITAGE OAKS BANCORP COM 2,068,442 16,113,000 1.01%
24 BSB BANCORP INC MD 712,224 16,004,000 1.01%
25 CAMBRIDGE BANCORP 385,026 15,821,000 1.00%
26 HERITAGE FINL CORP WASH COM 896,238 15,747,000 0.99%
27 First Bus Finl Svcs Inc Wis 660,728 15,150,000 0.95%
28 CODORUS VY BANCORP INC 748,533 15,135,000 0.95%
29 FIRST NBC BK HLDG CO 713,583 14,693,000 0.92%
30 QCR HOLDINGS INC 614,835 14,664,000 0.92%
31 STONEGATE BK FT LAUDERDALE F 476,017 14,261,000 0.90%
32 SOUTHERN FIRST 580,043 14,159,000 0.89%
33 BANK MARIN BANCORP 283,170 13,938,000 0.88%
34 UNION BANKSHARES CORP NEW COM 560,351 13,801,000 0.87%
35 SOUTHWEST BANCORP INC OKLA COM 897,721 13,511,000 0.85%
36 EAGLE BANCORP INC MD 274,490 13,176,000 0.83%
37 NATIONAL BANK 639,700 13,043,000 0.82%
38 WATERSTONE FINL INC MD 918,568 12,566,000 0.79%
39 AMERICAN HOMES 4 RENT CL A 777,800 12,367,000 0.78%
40 OLD LINE BANCSHARES INC COM 629,696 11,353,000 0.71%
41 W.T.B. Financial Corporation 66,764 11,066,000 0.70%
42 PEOPLES BANCORP INC 531,231 10,380,000 0.65%
43 SOUTHERN NATL BANCORP OF VA COM 865,590 10,318,000 0.65%
44 CENTRAL VALLEY CMNTY BANCORP 916,895 10,205,000 0.64%
45 SILVERCREST ASSET MGMT GROUPCL A 757,259 9,647,000 0.61%
46 TALMER BANCORP INC 529,200 9,573,000 0.60%
47 SEACOAST BKG CORP FLA 600,829 9,487,000 0.60%
48 1ST CONSTITUTION BANCORP 735,160 9,307,000 0.59%
49 IBERIABANK CORP COM 180,534 9,256,000 0.58%
50 AVENUE FINL HLDGS INC 477,700 9,253,000 0.58%
Page 1 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-065475, filed 2016.05.16).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.