Vault-13

PACWEST BANCORP DEL PACW

COM · Common Stock · CUSIP 695263103

261 institutional holders -16 vs Q1 2023
85,052,22885.1m shares reported held*
$694.3mreported value*
57 new 87 added 80 reduced 76 sold out net sold ≈ $82.4m (-10.3m 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 ($99.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.16. Options: 19 managers hold calls ($55.7m notional), 24 hold puts ($89.2m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 303Q4 22: 300Q1 23: 277Q2 23: 261261Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022303
Q4 2022300
Q1 2023277
Q2 2023261

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 23Q2 23: 144 bought or addedQ2 23: 156 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022131146
Q1 2023149167
Q2 2023144156

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ3 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 1.00Q2 23 calls: $55.7mQ2 23 puts: $89.2mQ2 23P/C 1.60
Numbers
QuarterCallsPutsP/C
Q3 2022$6.9m$4.4m0.65
Q4 2022$10.5m$2.4m0.23
Q1 2023$44.1m$43.9m1.00
Q2 2023$55.7m$89.2m1.60

Biggest buyers

BlackRock Inc. Added +5,662,930+5.7m
STATE STREET CORP Added +2,024,360+2.0m
VANGUARD GROUP INC Added +1,019,764+1.0m
FIRST TRUST ADVISORS LP Added +790,657+790.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +733,551+733.6k
GEODE CAPITAL MANAGEMENT, LLC Added +704,567+704.6k
BARCLAYS PLC Added +692,512+692.5k
Rafferty Asset Management, LLC Added +600,374+600.4k
CITIGROUP INC Added +585,183+585.2k
Invesco Ltd. Added +545,658+545.7k

Biggest sellers

FMR LLC Reduced -5,335,822-5.3m
D. E. Shaw & Co., Inc. Reduced -3,091,657-3.1m
Qube Research & Technologies Ltd Sold out -1,909,054-1.9m
TWO SIGMA ADVISERS, LP Sold out -1,821,100-1.8m
AMERICAN CENTURY COMPANIES INC Reduced -1,756,460-1.8m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Sold out -1,745,535-1.7m
MILLENNIUM MANAGEMENT LLC Reduced -1,559,582-1.6m
DIMENSIONAL FUND ADVISORS LP Reduced -1,360,129-1.4m
MORGAN STANLEY Reduced -1,036,648-1.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -959,408-959.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.8m2.1m shares
JANE STREET GROUP, LLC Added $8.4m1.0m shares
GROUP ONE TRADING LLC Added $8.1m991.2k shares
SIMPLEX TRADING, LLC Reduced $6.5m793.3k shares
CITADEL ADVISORS LLC Added $5.4m661.8k shares
WOLVERINE TRADING, LLC Added $2.4m290.3k shares
Ionic Capital Management LLC New $2.4m300.0k shares
IMC-Chicago, LLC Added $1.4m166.5k shares
MOORE CAPITAL MANAGEMENT, LP New $1.0m125.0k shares
Caption Management, LLC Reduced $912.8k112.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $25.5m3.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.8m2.1m shares
GROUP ONE TRADING LLC Added $10.7m1.3m shares
JANE STREET GROUP, LLC Added $9.4m1.2m shares
NOMURA HOLDINGS INC New $8.2m1.0m shares
SIMPLEX TRADING, LLC Added $6.7m820.5k shares
BANK OF AMERICA CORP /DE/ New $3.3m400.3k shares
IMC-Chicago, LLC Added $2.9m356.1k shares
WOLVERINE TRADING, LLC Added $2.8m326.9k shares
Point72 Asset Management, L.P. New $631.6k77.5k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 16,108,67716.1m $131.3m $131.3m 0.00% Added +5.7m +5,662,930
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 14,065,06914.1m $114.6m $114.6m 0.00% Added +1.0m +1,019,764
3 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,104,75811.1m $90.5m $90.5m 0.00% Added +2.0m +2,024,360
4 CARDINAL CAPITAL MANAGEMENT LLC /CT 0.92% of their portfolio GREENWICH, CT 2,993,9083.0m $24.4m $24.4m 0.92% Reduced -627.8k -627,810
5 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 2,603,0522.6m $21.2m $21.2m 0.01% Reduced -1.4m -1,360,129
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,441,7102.4m $19.9m $19.9m 0.00% Added +704.6k +704,567
7 Davis Asset Management, L.P. 0.99% of their portfolio SAUSALITO, CA 2,030,0002.0m $16.5m $16.5m 0.99% Unchanged
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,993,3322.0m $16.2m $16.2m 0.00% Added +733.6k +733,551
9 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 1,880,7991.9m $15.3m $15.3m 0.02% Added +790.7k +790,657
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,843,3301.8m $15.0m $15.0m 0.00% Reduced -1.0m -1,036,648
11 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,443,0741.4m $11.8m $11.8m 0.00% Reduced -224.4k -224,398
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,177,6261.2m $9.6m $9.6m 0.00% Added +246.1k +246,056
13 BHZ CAPITAL MANAGEMENT, LP 7.17% of their portfolio San Jose, CA 1,039,8771.0m $8.5m $8.5m 7.17% Added +310.4k +310,401
14 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,011,5591.0m $8.2m $8.2m 0.00% Added +545.7k +545,658
15 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 963,315963.3k $7.9m $7.9m 0.01% Added +692.5k +692,512
16 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.57% of their portfolio NEW YORK, NY 946,200946.2k $7.7m $7.7m 0.57% Added +299.6k +299,619
17 Rafferty Asset Management, LLC 0.04% of their portfolio New York, NY 929,661929.7k $7.6m $7.6m 0.04% Added +600.4k +600,374
18 South Dakota Investment Council 0.15% of their portfolio SIOUX FALLS, SD 863,351863.4k $7.0m $7.0m 0.15% Added +22.5k +22,539
19 Orchard Capital Management, LLC 1.92% of their portfolio CHICAGO, IL 700,616700.6k $5.7m $5.7m 1.92% Unchanged
20 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 680,150680.1k $5.5m $5.5m 0.02% Added +253.2k +253,160
21 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 670,542670.5k $5.5m $5.5m 0.00% Added +204.9k +204,855
22 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 601,923601.9k $4.9m $4.9m 0.01% Added +585.2k +585,183
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 581,207581.2k $4.7m $4.7m 0.00% Added +61.8k +61,838
24 BANC FUNDS CO LLC 0.54% of their portfolio CHICAGO, IL 564,497564.5k $4.6m $4.6m 0.54% Added +201.1k +201,135
25 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 551,108551.1k $4.5m $4.5m 0.01% Reduced -533.9k -533,915
26 EMERALD MUTUAL FUND ADVISERS TRUST 0.24% of their portfolio LEOLA, PA 543,506543.5k $4.4m $4.4m 0.24% New
27 BOOTHBAY FUND MANAGEMENT, LLC 0.13% of their portfolio NEW YORK, NY 509,555509.6k $4.2m $4.2m 0.13% New
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 490,113490.1k $4.0m $4.0m 0.00% Added +250.5k +250,510
29 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 481,946481.9k $3.9m $3.9m 0.00% Added +226.8k +226,823
30 GROUP ONE TRADING LLC 0.15% of their portfolio CHICAGO, IL 424,679424.7k $3.5m $3.5m 0.15% Added +137.9k +137,908
31 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 390,631390.6k $3.2m $3.2m 0.00% Added +39.6k +39,587
32 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 385,612385.6k $3.1m $3.1m 0.00% Reduced -4.9k -4,852
33 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 369,236369.2k $3.0m $3.0m 0.01% Reduced -47.1k -47,102
34 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 353,996354.0k $2.9m $2.9m 0.00% Added +53 +53
35 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 345,598345.6k $2.8m $2.8m 0.00% Reduced -339.9k -339,858
36 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 338,449338.4k $2.8m $2.8m 0.01% Added +293.4k +293,418
37 Legal & General Group Plc 0.00% of their portfolio London, X0 337,297337.3k $2.7m $2.7m 0.00% Added +165.9k +165,865
38 HENNESSY ADVISORS INC 0.18% of their portfolio NOVATO, CA 300,000300.0k $2.4m $2.4m 0.18% Added +150.0k +150,000
39 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 298,540298.5k $2.4m $2.4m 0.00% New
40 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 296,812296.8k $2.4m $2.4m 0.00% Reduced -71.4k -71,447
41 Alaska Permanent Fund Corp 0.04% of their portfolio JUNEAU, AK 273,300273.3k $2.2m $2.2m 0.04% First filing
42 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 267,454267.5k $2.2m $2.2m 0.00% Added +71.0k +70,994
43 Swiss National Bank 0.00% of their portfolio ZURICH, V8 257,073257.1k $2.1m $2.1m 0.00% Added +2.8k +2,800
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 255,462255.5k $2.1m $2.1m 0.00% Reduced -959.4k -959,408
45 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 249,500249.5k $2.0m $2.0m 0.00% Added +18.0k +18,000
46 COMERICA BANK 0.00% of their portfolio DALLAS, TX 242,238242.2k $258 $258 0.00% First filing
47 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 209,517209.5k $1.7m $1.7m 0.01% New
48 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 205,745205.7k $1.7m $1.7m 0.00% Reduced -1.7k -1,671
49 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 196,492196.5k $1.6m $1.6m 0.00% Reduced -27.5k -27,496
50 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 186,178186.2k $1.5m $1.5m 0.00% Added +132.8k +132,808
51 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 180,847180.8k $1.5m $1.5m 0.01% First filing
52 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 175,686175.7k $1.4m $1.4m 0.00% Added +66.0k +65,983
53 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 172,105172.1k $1.4m $1.4m 0.00% Reduced -15.9k -15,851
54 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 168,345168.3k $1.4m $1.4m 0.01% Added +144.0k +144,017
55 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% Unchanged
56 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 167,395167.4k $1.4m $1.4m 0.00% Reduced -298.9k -298,939
57 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio HOUSTON, TX 151,500151.5k $1.2m $1.2m 0.03% New
58 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 146,062146.1k $1.2m $1.2m 0.00% Reduced -151.7k -151,740
59 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 145,916145.9k $4.0m $4.0m 0.01% Reduced -879.4k -879,377
60 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 136,765136.8k $1.1m $1.1m 0.02% Added +62.1k +62,095
61 Gator Capital Management, LLC 0.77% of their portfolio TAMPA, FL 135,000135.0k $1.1m $1.1m 0.77% New
62 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 133,426133.4k $1.1m $1.1m 0.01% Added +80.4k +80,404
63 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 128,340128.3k $1.0m $1.0m 0.00% Added +22.2k +22,163
64 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 126,264126.3k $1.0m $1.0m 0.00% Reduced -16.6k -16,586
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 125,278125.3k $1.0m $1.0m 0.00% Reduced -57.0k -57,034
66 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 117,292117.3k $955.9k $955.9k 0.01% Reduced -12.0k -12,043
67 PMC FIG Opportunities LLC 5.28% of their portfolio JERUSALEM, L3 115,000115.0k $937.2k $937.2k 5.28% New
68 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 113,384113.4k $924.2k $924.2k 0.01% New
69 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 108,778108.8k $886.5k $886.5k 0.00% Reduced -38.2k -38,185
70 TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio AUSTIN, TX 103,699103.7k $845.1k $845.1k 0.01% Reduced -1.7k -1,687
71 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 101,598101.6k $828.0k $828.0k 0.00% Reduced -3.9k -3,946
72 Cable Hill Partners, LLC 0.10% of their portfolio PORTLAND, OR 98,04698.0k $799.1k $799.1k 0.10% Added +12.8k +12,836
73 Western Financial Corp/CA 0.54% of their portfolio SAN DIEGO, CA 97,83097.8k $797.3k $797.3k 0.54% Added +32 +32
74 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 97,05097.0k $791.0k $791.0k 0.00% Added +69.1k +69,077
75 SIRIOS CAPITAL MANAGEMENT L P 0.12% of their portfolio BOSTON, MA 87,60887.6k $714.0k $714.0k 0.12% Reduced -164.7k -164,703
76 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 85,82385.8k $699.5k $699.5k 0.00% Added +13.2k +13,235
77 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 80,84780.8k $658.9k $658.9k 0.00% Reduced -2.9k -2,900
78 HOLLENCREST CAPITAL MANAGEMENT 0.07% of their portfolio NEWPORT BEACH, CA 80,52480.5k $656.3k $656.3k 0.07% Added +7.8k +7,850
79 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 79,91879.9k $651.3k $651.3k 0.00% Reduced -1.6m -1,559,582
80 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 77,66577.7k $632.0k $632.0k 0.01% Added +61.5k +61,486
81 Ethic Inc. 0.02% of their portfolio NEW YORK, NY 75,31475.3k $613.8k $613.8k 0.02% Added +25.9k +25,921
82 GSA CAPITAL PARTNERS LLP 0.05% of their portfolio LONDON, X0 66,06266.1k $538.0k $538.0k 0.05% Reduced -129.8k -129,754
83 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 64,31564.3k $524.2k $524.2k 0.00% Reduced -117.3k -117,311
84 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 63,67463.7k $518.9k $518.9k 0.00% Reduced -60.5k -60,545
85 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 63,52663.5k $517.7k $517.7k 0.00% Reduced -8.6k -8,628
86 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 62,77162.8k $511.6k $511.6k 0.01% Added +2.5k +2,477
87 Louisiana State Employees Retirement System 0.01% of their portfolio BATON ROUGE, LA 62,00062.0k $505.3k $505.3k 0.01% Added +30.8k +30,800
88 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 61,44161.4k $500.7k $500.7k 0.00% Reduced -13.2k -13,199
89 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 60,29460.3k $491.4k $491.4k 0.00% Reduced -69.6k -69,608
90 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 59,45359.5k $484.5k $484.5k 0.00% New
91 Petiole USA ltd 0.47% of their portfolio New York, NY 58,93558.9k $480.3k $480.3k 0.47% Unchanged
92 ATLAS CAPITAL ADVISORS INC. 0.07% of their portfolio JACKSON, WY 56,45856.5k $460.1k $460.1k 0.07% Unchanged
93 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 55,84255.8k $455.1k $455.1k 0.00% New
94 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 55,76555.8k $454.0k $454.0k 0.00% Added +26.1k +26,078
95 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 53,97454.0k $439.9k $439.9k 0.00% New
96 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 52,07852.1k $424.7k $424.7k 0.00% Reduced -62 -62
97 DARK FOREST CAPITAL MANAGEMENT LP 0.04% of their portfolio NEW YORK, NY 51,62751.6k $420.8k $420.8k 0.04% Added +47.5k +47,474
98 Sippican Capital Advisors 0.38% of their portfolio BOSTON, MA 50,71150.7k $413.3k $413.3k 0.38% Added +971 +971
99 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 49,85249.9k $406.3k $406.3k 0.00% Reduced -9.4k -9,388
100 MBA Advisors LLC 0.24% of their portfolio HERMITAGE, PA 49,56049.6k $403.9k $403.9k 0.24% Unchanged