Vault-13

PACWEST BANCORP DEL PACW

COM · Common Stock · CUSIP 695263103

277 institutional holders -23 vs Q4 2022
95,880,87795.9m shares reported held*
$934.4mreported value*
55 new 94 added 93 reduced 74 sold out net sold ≈ $115.9m (-12.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($160.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.74. Options: 20 managers hold calls ($44.1m notional), 21 hold puts ($43.9m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 303Q4 22: 300Q1 23: 277277Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022303
Q4 2022300
Q1 2023277

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 131 bought or addedQ4 22: 146 cut or sold outQ4 22Q1 23: 149 bought or addedQ1 23: 167 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022131146
Q1 2023149167

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 22 calls: $6.9mQ3 22 puts: $4.4mQ3 22P/C 0.65Q4 22 calls: $10.5mQ4 22 puts: $2.4mQ4 22P/C 0.23Q1 23 calls: $44.1mQ1 23 puts: $43.9mQ1 23P/C 1.00
Numbers
QuarterCallsPutsP/C
Q3 2022$6.9m$4.4m0.65
Q4 2022$10.5m$2.4m0.23
Q1 2023$44.1m$43.9m1.00

Biggest buyers

STATE STREET CORP Added +3,069,478+3.1m
D. E. Shaw & Co., Inc. Added +2,340,544+2.3m
Qube Research & Technologies Ltd Added +1,685,653+1.7m
MILLENNIUM MANAGEMENT LLC Added +1,577,041+1.6m
TWO SIGMA ADVISERS, LP Added +1,521,300+1.5m
MORGAN STANLEY Added +1,280,347+1.3m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +1,236,074+1.2m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,037,181+1.0m
PRUDENTIAL FINANCIAL INC Added +876,444+876.4k
South Dakota Investment Council Added +728,817+728.8k

Biggest sellers

FMR LLC Reduced -5,223,166-5.2m
Balyasny Asset Management L.P. Sold out -2,801,927-2.8m
Fisher Asset Management, LLC Sold out -2,593,934-2.6m
Allspring Global Investments Holdings, LLC Sold out -1,829,093-1.8m
BlackRock Inc. Reduced -1,661,263-1.7m
Invesco Ltd. Reduced -1,656,368-1.7m
Boston Partners Sold out -1,575,663-1.6m
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Sold out -1,337,664-1.3m
Capital World Investors Sold out -1,220,000-1.2m
GOLDMAN SACHS GROUP INC Reduced -1,189,122-1.2m

Biggest calls

Anson Funds Management LP New $9.7m1.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.0m922.7k shares
SIMPLEX TRADING, LLC Added $8.5m873.6k shares
JANE STREET GROUP, LLC New $4.6m477.1k shares
CITADEL ADVISORS LLC Added $4.0m409.4k shares
Caption Management, LLC New $2.4m247.9k shares
GROUP ONE TRADING LLC Added $1.8m189.0k shares
IMC-Chicago, LLC New $1.4m145.4k shares
WOLVERINE TRADING, LLC New $1.4m143.9k shares
Belvedere Trading LLC New $517.6k53.2k shares

Biggest puts

JANE STREET GROUP, LLC Added $9.8m1.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.4m965.6k shares
GROUP ONE TRADING LLC Added $6.0m619.6k shares
CITADEL ADVISORS LLC Added $5.9m609.7k shares
SIMPLEX TRADING, LLC Added $3.8m386.5k shares
GRATIA CAPITAL, LLC New $1.8m190.0k shares
IMC-Chicago, LLC New $1.6m165.1k shares
Parallax Volatility Advisers, L.P. New $1.6m160.5k shares
WOLVERINE TRADING, LLC Added $1.3m139.1k shares
Interval Partners, LP New $973.0k100.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 13,045,30513.0m $126.9m $126.9m 0.00% Reduced -546.0k -546,010
2 BlackRock Inc. 0.00% of their portfolio New York, NY 10,445,74710.4m $101.6m $101.6m 0.00% Reduced -1.7m -1,661,263
3 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,080,3989.1m $88.4m $88.4m 0.00% Added +3.1m +3,069,478
4 FMR LLC 0.00% of their portfolio BOSTON, MA 5,367,7885.4m $52.2m $52.2m 0.00% Reduced -5.2m -5,223,166
5 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,963,1814.0m $38.6m $38.6m 0.01% Added +308.0k +307,996
6 CARDINAL CAPITAL MANAGEMENT LLC /CT 1.25% of their portfolio GREENWICH, CT 3,621,7183.6m $35.2m $35.2m 1.25% Reduced -565.2k -565,232
7 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 3,107,8643.1m $30.2m $30.2m 0.05% Added +2.3m +2,340,544
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,879,9782.9m $28.0m $28.0m 0.00% Added +1.3m +1,280,347
9 Davis Asset Management, L.P. 1.27% of their portfolio SAUSALITO, CA 2,030,0002.0m $19.8m $19.8m 1.27% Unchanged
10 Qube Research & Technologies Ltd 0.11% of their portfolio LONDON, X0 1,909,0541.9m $18.6m $18.6m 0.11% Added +1.7m +1,685,653
11 TWO SIGMA ADVISERS, LP 0.05% of their portfolio NEW YORK, NY 1,821,1001.8m $17.7m $17.7m 0.05% Added +1.5m +1,521,300
12 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,777,7671.8m $17.3m $17.3m 0.01% Reduced -106.5k -106,500
13 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio JUPITER, FL 1,745,5351.7m $17.0m $17.0m 0.08% Added +1.2m +1,236,074
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,737,1431.7m $16.9m $16.9m 0.00% Added +46.3k +46,301
15 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,667,4721.7m $16.2m $16.2m 0.00% Reduced -66.0k -66,041
16 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,639,5001.6m $16.0m $16.0m 0.02% Added +1.6m +1,577,041
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,259,7811.3m $12.3m $12.3m 0.00% Added +67.5k +67,537
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 1,214,8701.2m $11.8m $11.8m 0.02% Added +1.0m +1,037,181
19 NORGES BANK 0.00% of their portfolio OSLO, Q8 1,209,1681.2m $11.8m $11.8m 0.00% Added +48.1k +48,088
20 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 1,090,1421.1m $10.6m $10.6m 0.01% Added +269.1k +269,060
21 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 1,085,0231.1m $10.2m $10.2m 0.02% Reduced -151.9k -151,859
22 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 1,025,2931.0m $10.0m $10.0m 0.02% Added +876.4k +876,444
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 931,570931.6k $9.1m $9.1m 0.00% Reduced -14.1k -14,096
24 South Dakota Investment Council 0.17% of their portfolio SIOUX FALLS, SD 840,812840.8k $8.2m $8.2m 0.17% Added +728.8k +728,817
25 BHZ CAPITAL MANAGEMENT, LP 4.33% of their portfolio San Jose, CA 729,476729.5k $7.1m $7.1m 4.33% Added +327.3k +327,284
26 SEIZERT CAPITAL PARTNERS, LLC 0.38% of their portfolio BIRMINGHAM, MI 702,061702.1k $6.8m $6.8m 0.38% Added +91.2k +91,173
27 Orchard Capital Management, LLC 2.28% of their portfolio CHICAGO, IL 700,616700.6k $6.8m $6.8m 2.28% New
28 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 685,456685.5k $6.7m $6.7m 0.01% Added +639.1k +639,083
29 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.44% of their portfolio NEW YORK, NY 646,581646.6k $6.3m $6.3m 0.44% Reduced -623.0k -622,990
30 Jump Financial, LLC 0.24% of their portfolio Chicago, IL 602,525602.5k $5.9m $5.9m 0.24% Added +498.2k +498,235
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 519,369519.4k $5.1m $5.1m 0.00% Added +165.0k +165,035
32 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 466,334466.3k $4.5m $4.5m 0.00% Added +189.4k +189,422
33 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 465,901465.9k $4.5m $4.5m 0.00% Reduced -1.7m -1,656,368
34 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 465,687465.7k $4.5m $4.5m 0.00% Added +3.8k +3,833
35 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 426,990427.0k $4.2m $4.2m 0.02% Added +8.2k +8,200
36 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 416,338416.3k $4.1m $4.1m 0.01% Reduced -53.1k -53,144
37 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 390,464390.5k $3.8m $3.8m 0.00% Added +364.7k +364,707
38 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 368,259368.3k $3.6m $3.6m 0.01% Reduced -305.8k -305,808
39 BANC FUNDS CO LLC 0.38% of their portfolio CHICAGO, IL 363,362363.4k $3.5m $3.5m 0.38% Added +10.0k +10,000
40 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 353,943353.9k $3.4m $3.4m 0.00% Reduced -42.8k -42,794
41 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 351,044351.0k $3.4m $3.4m 0.00% Reduced -4.2k -4,233
42 Rafferty Asset Management, LLC 0.02% of their portfolio New York, NY 329,287329.3k $3.2m $3.2m 0.02% Added +257.7k +257,742
43 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 322,259322.3k $3.1m $3.1m 0.01% New
44 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 297,802297.8k $2.9m $2.9m 0.00% Added +116.4k +116,365
45 CastleKnight Management LP 0.72% of their portfolio New York, NY 291,600291.6k $2.8m $2.8m 0.72% New
46 GROUP ONE TRADING LLC 0.13% of their portfolio CHICAGO, IL 286,771286.8k $2.8m $2.8m 0.13% Added +283.1k +283,088
47 DUALITY ADVISERS, LP 0.31% of their portfolio MIAMI, FL 277,560277.6k $2.7m $2.7m 0.31% Added +252.1k +252,102
48 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 270,803270.8k $2.6m $2.6m 0.00% Added +132.0k +132,024
49 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 255,123255.1k $2.5m $2.5m 0.00% Added +11.4k +11,362
50 Swiss National Bank 0.00% of their portfolio ZURICH, V8 254,273254.3k $2.5m $2.5m 0.00% Reduced -30.1k -30,100
51 SIRIOS CAPITAL MANAGEMENT L P 0.43% of their portfolio BOSTON, MA 252,311252.3k $2.5m $2.5m 0.43% New
52 Scion Asset Management, LLC 2.27% of their portfolio Saratoga, CA 250,000250.0k $2.4m $2.4m 2.27% New
53 Numerai GP LLC 0.78% of their portfolio SAN FRANCISCO, CA 239,786239.8k $2.3m $2.3m 0.78% Added +197.2k +197,204
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 239,603239.6k $2.3m $2.3m 0.00% Reduced -204.5k -204,544
55 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 237,268237.3k $2.3m $2.3m 0.01% Reduced -235.0k -235,033
56 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 231,500231.5k $2.3m $2.3m 0.01% Reduced -16.5k -16,500
57 Walleye Capital LLC 0.04% of their portfolio NEW YORK, NY 228,175228.2k $2.2m $2.2m 0.04% Reduced -397.7k -397,712
58 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 223,988224.0k $2.2m $2.2m 0.00% Reduced -1.2m -1,189,122
59 Smith, Graham & Co., Investment Advisors, LP 0.25% of their portfolio Houston, TX 208,028208.0k $2.0m $2.0m 0.25% Reduced -655 -655
60 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 207,416207.4k $2.0m $2.0m 0.00% Reduced -349.9k -349,859
61 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 196,460196.5k $1.9m $1.9m 0.00% Reduced -380.2k -380,169
62 GSA CAPITAL PARTNERS LLP 0.19% of their portfolio LONDON, X0 195,816195.8k $1.9m $1.9m 0.19% Added +135.0k +134,956
63 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 187,956188.0k $1.8m $1.8m 0.00% Reduced -92.1k -92,081
64 Man Group plc 0.01% of their portfolio LONDON, X0 182,807182.8k $1.8m $1.8m 0.01% New
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 182,312182.3k $1.8m $1.8m 0.00% Reduced -9.6k -9,568
66 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 181,626181.6k $1.8m $1.8m 0.01% Reduced -1.8k -1,836
67 Legal & General Group Plc 0.00% of their portfolio London, X0 171,432171.4k $1.7m $1.7m 0.00% Reduced -1.3k -1,303
68 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 167,626167.6k $1.6m $1.6m 0.00% Added +2.3k +2,323
69 Retirement Systems of Alabama 0.01% of their portfolio MONTGOMERY, AL 153,816153.8k $1.5m $1.5m 0.01% Reduced -270.5k -270,458
70 HENNESSY ADVISORS INC 0.11% of their portfolio NOVATO, CA 150,000150.0k $1.5m $1.5m 0.11% Reduced -10.0k -10,000
71 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 149,112149.1k $1.5m $1.5m 0.00% New
72 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 146,963147.0k $1.4m $1.4m 0.00% Reduced -2.2k -2,186
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 142,850142.8k $1.4m $1.4m 0.00% Reduced -179.8k -179,849
74 BOULDER HILL CAPITAL MANAGEMENT LP 1.03% of their portfolio NEW YORK, NY 131,800131.8k $1.3m $1.3m 1.03% Added +82.0k +82,000
75 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 129,902129.9k $1.3m $1.3m 0.00% Added +114.7k +114,697
76 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 129,335129.3k $1.3m $1.3m 0.01% New
77 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 125,511125.5k $1.2m $1.2m 0.00% Unchanged
78 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 124,219124.2k $1.2m $1.2m 0.00% Reduced -20.1k -20,064
79 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 113,397113.4k $1.1m $1.1m 0.01% New
80 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 109,703109.7k $1.1m $1.1m 0.00% Reduced -15.8k -15,802
81 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 106,833106.8k $1.0m $1.0m 0.01% Reduced -124.3k -124,304
82 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 106,177106.2k $1.0m $1.0m 0.00% Reduced -2.6k -2,646
83 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 105,544105.5k $1.0m $1.0m 0.00% Unchanged
84 TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio AUSTIN, TX 105,386105.4k $1.0m $1.0m 0.01% Added +26.3k +26,280
85 Texas Capital Bank Wealth Management Services Inc 0.11% of their portfolio Dallas, TX 100,000100.0k $973.0k $973.0k 0.11% New
86 Western Financial Corp/CA 0.68% of their portfolio SAN DIEGO, CA 97,79897.8k $951.6k $951.6k 0.68% Reduced -563 -563
87 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.01% of their portfolio New York, NY 94,71594.7k $921.6k $921.6k 0.01% Reduced -2.1k -2,058
88 Parallax Volatility Advisers, L.P. 0.03% of their portfolio San Francisco, CA 91,86291.9k $893.8k $893.8k 0.03% New
89 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 91,37491.4k $889.0k $889.0k 0.00% Added +46.4k +46,419
90 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 91,00691.0k $885.5k $885.5k 0.00% Reduced -1.1m -1,105,222
91 ALGERT GLOBAL LLC 0.04% of their portfolio SAN FRANCISCO, CA 87,39387.4k $850.3k $850.3k 0.04% Reduced -28.4k -28,366
92 State of New Jersey Common Pension Fund D 0.00% of their portfolio TRENTON, NJ 85,77385.8k $834.6k $834.6k 0.00% Unchanged
93 Cable Hill Partners, LLC 0.13% of their portfolio PORTLAND, OR 85,21085.2k $829.1k $829.1k 0.13% Added +9.0k +8,956
94 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 83,74783.7k $814.9k $814.9k 0.00% Added +55.1k +55,110
95 AMALGAMATED BANK 0.01% of their portfolio NEW YORK, NY 80,74180.7k $786.0k $786.0k 0.01% Reduced -21.7k -21,715
96 Edgestream Partners, L.P. 0.09% of their portfolio Princeton, NJ 80,58580.6k $784.1k $784.1k 0.09% New
97 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 80,55380.6k $783.8k $783.8k 0.00% Reduced -19.4k -19,425
98 HAP Trading, LLC 0.18% of their portfolio NEW YORK, NY 76,89276.9k $748.0k $748.0k 0.18% New
99 ARDSLEY ADVISORY PARTNERS LP 0.16% of their portfolio Norwalk, CT 75,00075.0k $729.8k $729.8k 0.16% New
100 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 74,67074.7k $727.0k $727.0k 0.01% Added +63.1k +63,145