Geode Capital Management LLC Has $8.02 Million Stake in Southern California Bancorp (NASDAQ:BCAL)

Geode Capital Management LLC lifted its position in shares of Southern California Bancorp (NASDAQ:BCAL) by 105.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 542,147 shares of the company’s stock after purchasing an additional 278,874 shares during the quarter. Geode Capital Management LLC’s holdings in Southern California Bancorp were worth $8,020,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. SG Americas Securities LLC bought a new stake in Southern California Bancorp in the 3rd quarter valued at approximately $123,000. Empowered Funds LLC acquired a new stake in shares of Southern California Bancorp in the third quarter valued at approximately $160,000. Rhumbline Advisers acquired a new stake in shares of Southern California Bancorp in the second quarter valued at approximately $166,000. Creekside Partners acquired a new position in Southern California Bancorp during the third quarter worth $190,000. Finally, Jane Street Group LLC acquired a new stake in Southern California Bancorp in the 3rd quarter valued at $202,000. 55.40% of the stock is currently owned by institutional investors.

Southern California Bancorp Stock Performance

NASDAQ:BCAL opened at $16.27 on Friday. Southern California Bancorp has a 52-week low of $12.30 and a 52-week high of $18.49. The company has a market cap of $523.32 million, a P/E ratio of -203.38 and a beta of 1.04. The stock’s 50-day simple moving average is $16.84 and its 200 day simple moving average is $15.20.

Southern California Bancorp Company Profile

Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.