ARROWMARK FINANCIAL CORP BANX
COM · Closed-End Fund · CUSIP 861780104
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $19.55. Options: 1 managers hold calls ($1.5m notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 32 |
| Q4 2022 | 31 |
| Q1 2023 | 32 |
| Q2 2023 | 27 |
| Q3 2023 | 27 |
| Q4 2023 | 29 |
| Q1 2024 | 26 |
| Q2 2024 | 26 |
| Q3 2024 | 28 |
| Q4 2024 | 32 |
| Q1 2025 | 32 |
| Q2 2025 | 33 |
| Q3 2025 | 36 |
| Q4 2025 | 33 |
| Q1 2026 | 34 |
| Q2 2026 | 36 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 9 | 10 |
| Q4 2024 | 13 | 10 |
| Q1 2025 | 8 | 11 |
| Q2 2025 | 13 | 14 |
| Q3 2025 | 15 | 12 |
| Q4 2025 | 17 | 10 |
| Q1 2026 | 22 | 11 |
| Q2 2026 | 14 | 20 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $28.0k | $4.0k | 0.14 |
| Q4 2025 | $268.4k | $4.4k | 0.02 |
| Q1 2026 | $554.6k | $1.9k | 0.00 |
| Q2 2026 | $1.5m | $0 | 0.00 |
Biggest buyers
| AlphaCore Capital LLC | New | +40.3k |
| MARSHALL WACE, LLP | New | +32.6k |
| OSAIC HOLDINGS, INC. | Added | +17.2k |
| Mariner, LLC | New | +15.0k |
| Everstar Asset Management, LLC | Added | +12.3k |
| UBS Group AG | Added | +10.4k |
| Belpointe Asset Management LLC | New | +10.3k |
| Integrated Wealth Concepts LLC | New | +9.0k |
| JPMORGAN CHASE & CO | New | +1.1k |
| SIMPLEX TRADING, LLC | New | +924 |
Biggest sellers
| RAYMOND JAMES FINANCIAL INC | Reduced | -163.4k |
| Hudson Bay Capital Management LP | Reduced | -38.4k |
| CALDWELL SUTTER CAPITAL, INC. | Reduced | -25.0k |
| Almitas Capital LLC | Reduced | -22.4k |
| Closed-End Fund Advisors, Inc. | Reduced | -15.1k |
| MAI Capital Management | Sold out | -5.2k |
| CSS LLC/IL | Reduced | -4.8k |
| FNY Investment Advisers, LLC | Sold out | -4.7k |
| Accurate Wealth Management, LLC | Reduced | -1.9k |
| Capital Investment Advisors, LLC | Reduced | -1.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.5m75.7k shares |
Biggest puts
| None |
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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ArrowMark Colorado Holdings LLC 13G · institution -1.2 pts · filed 2026-04-10 | 9.1% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $45.4k | 1 | $84.8k | — |
| Q2 2025 | 1 | $2.7k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $28.2k | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ArrowMark Colorado Holdings LLC 0.72% of their portfolio | 884.8k $17.3m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 139.1k $2.7m | Added +108 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 131.1k $2.6m | Added +17.2k |
| Noble Wealth Management PBC 0.96% of their portfolio | 107.2k $2.1m | Added +884 |
| Everstar Asset Management, LLC 0.56% of their portfolio | 59.6k $1.2m | Added +12.3k |
| Closed-End Fund Advisors, Inc. 1.04% of their portfolio | 54.6k $1.1m | Reduced -15.1k |
| Almitas Capital LLC 0.24% of their portfolio | 50.8k $994.0k | Reduced -22.4k |
| AlphaCore Capital LLC 0.01% of their portfolio | 40.3k $787.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 33.7k $658.8k | Reduced -22 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 32.6k $637.8k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 31.5k $615.3k | Reduced -163.4k |
| CSS LLC/IL 0.02% of their portfolio | 26.8k $524.4k | Reduced -4.8k |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 24.0k $469.9k | Added +337 |
| Capital Investment Advisors, LLC 0.01% of their portfolio | 22.8k $446.6k | Reduced -1.4k |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 18.2k $356.2k | Reduced -38.4k |
| Falcon Wealth Planning 0.02% of their portfolio | 16.2k $316.3k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 15.0k $292.7k | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 14.8k $288.6k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 13.9k $272.5k | Added +10.4k |
| Accurate Wealth Management, LLC 0.02% of their portfolio | 11.4k $227.8k | Reduced -1.9k |
| Private Advisor Group, LLC 0.00% of their portfolio | 11.1k $216.1k | Reduced -1.2k |
| Belpointe Asset Management LLC 0.01% of their portfolio | 10.3k $201.4k | New |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 9.0k $176.8k | New |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 1.9k $37.2k | Reduced -201 |
| TRUST CO OF VERMONT 0.00% of their portfolio | 1.8k $34.2k | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1k $21.0k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 924 $18.1k | New |
| CALDWELL SUTTER CAPITAL, INC. 0.01% of their portfolio | 693 $13.5k | Reduced -25.0k |
| Wilmington Savings Fund Society, FSB 0.00% of their portfolio | 500 $9.8k | Reduced -200 |
| Allworth Financial LP 0.00% of their portfolio | 200 $3.9k | Unchanged |
| NFSG Corp 0.00% of their portfolio | 200 $3.9k | Unchanged |
| HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio | 135 $2.6k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 3 $59 | Reduced -1 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 3 $59 | Reduced -4 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 2 $39 | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $28 | Unchanged |