Millennium Management LLC Increases Stake in Banc of California to 1.9%
Millennium Management LLC, along with Millennium Group Management LLC and Israel A. Englander, filed a Schedule 13G/A on July 14, 2026, regarding their holdings in Banc of California, Inc. (BANC). The filing indicates that as of June 30, 2026, the reporting persons collectively held 2,948,474 shares of Common Stock, representing a 1.9% ownership stake in the company. This filing serves as an amendment to a previous statement, marking an increase from a 0.0% position to the current 1.9% level. The shares are held by various entities under the voting control and investment discretion of Millennium Management LLC, with Millennium Group Management LLC serving as the managing member and Israel A. Englander acting as the sole voting trustee. The filing was made under Rule 13d-1(c), certifying that the securities were not acquired for the purpose of changing or influencing the control of the issuer. Consequently, the reporting persons now hold a position below the 5% threshold, leading to the notification that they have ceased to be beneficial owners of more than five percent of the class of securities.