Banc Funds Co LLC Q4 2022 vs. Q1 2023: A Look Into the Changes in Holdings of Fund

Banc Funds Co LLC's Q4 2022 and Q1 2023 13F filings have been released, showcasing the changes in holdings of various companies. It's essential to analyze these reports to gain valuable insights for investors, understand market trends, and identify possible investment opportunities.

In the Q4 2022 holdings, Old Second Bancorp, Inc. (OSBC) held the highest number of shares at 2,051,310, with a value of $32,903,000. FineMark Holdings, Inc. followed with 828,044 shares valued at $24,634,000.

However, in Q1 2023 holdings, Unity Bancorp, Inc. (UNTY) took the lead with 991,615 shares valued at $22,619,000. OSBC held an equal number of shares compared to the previous quarter, with no change in value.

Peapack-Gladstone Financial Corporation (PGC) had the highest decrease in value, with a decline of 20.4% from $27,245,000 to $21,682,000. Lakeland Bancorp, Inc. (LBAI) followed with a decline of 42.6% from $24,798,000 to $14,245,000.

Triumph Bancorp, Inc. (TFIN) had the most significant increase in value, with a surge of 18.8% from $16,196,000 to $19,242,000. With an increase of 14.7%, CapStar Financial Holdings, Inc. (CSTR) also showed a significant leap in value from $5,176,000 to $5,937,000.

Other companies such as Texas Capital Bancshares, Inc. (TCBI), Veritex Holdings, Inc. (VBTX), and Heritage Commerce Corp (HTBK) showed a decline in value, showcasing a bearish trend. On the other hand, companies like Origin Bancorp Inc. (OBNK), Summit State Bank (SSBI), and Cambridge Bancorp (CATC) displayed an upward trend, indicating bullishness.

In conclusion, the Q4 2022 vs. Q1 2023 13F holdings comparison report by Banc Funds Co LLC shows diverse market trends, with some companies showing bullishness while others show bearishness. Investors can use this report to understand market dynamics, identify potentially profitable stocks, and avoid companies projected to lose value in the future.