Banc Funds Co. LLC Sells 68,455 Shares of Byline Bancorp, Inc.

Institutional investor decreases stake in Chicago-based bank holding company

Mar. 15, 2026 at 8:34am

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Banc Funds Co. LLC, an institutional investor, decreased its position in shares of Byline Bancorp, Inc. (NYSE:BY) by 63.6% during the third quarter, according to a filing with the Securities and Exchange Commission. The fund now owns 39,157 shares of the company's stock, down from 107,612 shares previously.

Why it matters

Byline Bancorp is a Chicago-based bank holding company that operates Byline Bank, a community-focused financial institution serving small and midsize businesses, real estate developers, professional services firms, and nonprofit organizations. The decrease in Banc Funds Co. LLC's stake could signal a shift in investor sentiment or portfolio strategy for the institutional investor.

The details

According to the SEC filing, Banc Funds Co. LLC sold 68,455 shares of Byline Bancorp during the third quarter, reducing its total position to 39,157 shares. This represents a 63.6% decrease in the fund's holdings. Byline Bancorp's stock price has fluctuated between $22.63 and $33.89 over the past 52 weeks, closing at $30.49 on Friday.

  • Banc Funds Co. LLC decreased its position in Byline Bancorp during the third quarter of 2026.

The players

Banc Funds Co. LLC

An institutional investor that decreased its stake in Byline Bancorp, Inc.

Byline Bancorp, Inc.

A bank holding company that operates Byline Bank, a community-focused financial institution in Chicago.

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The takeaway

The decrease in Banc Funds Co. LLC's position in Byline Bancorp could signal a shift in the institutional investor's portfolio strategy or sentiment towards the Chicago-based bank holding company. However, Byline Bancorp's stock price has fluctuated within a relatively wide range over the past year, suggesting continued investor interest in the company.