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Coastal Financial

71 hedge funds and large institutions have $162M invested in Coastal Financial in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

19% more capital invested

Capital invested by funds: $136M → $162M (+$25.4M)

13% more funds holding

Funds holding: 6371 (+8)

5% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 22

2.79% less ownership

Funds ownership: 54.38%51.59% (-2.8%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
71
Holders Change
+8
Holders Change %
+12.7%
% of All Funds
1.25%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
21
Reduced
22
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Truist Financial
26
Truist Financial
North Carolina
$1.08M +$232K +9,382 +30%
TC
27
TownSquare Capital
Utah
$1.06M +$173K +6,989 +21%
PAM
28
Panagora Asset Management
Massachusetts
$928K -$460K -18,631 -34%
JP Morgan Chase
29
JP Morgan Chase
New York
$735K +$28.7K +1,160 +4%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$631K -$14.5K -586 -2%
Charles Schwab
31
Charles Schwab
California
$589K -$35.1K -1,419 -6%
Morgan Stanley
32
Morgan Stanley
New York
$531K -$377K -15,253 -43%
Russell Investments Group
33
Russell Investments Group
United Kingdom
$498K -$44.5K -1,801 -9%
JC
34
JCSD Capital
California
$490K
Wells Fargo
35
Wells Fargo
California
$411K -$271K -10,980 -41%
Deutsche Bank
36
Deutsche Bank
Germany
$411K +$226K +9,145 +140%
Acadian Asset Management
37
Acadian Asset Management
Massachusetts
$378K
FBT
38
First Bank & Trust
South Dakota
$377K -$108K -4,372 -23%
N
39
Nuveen
North Carolina
$377K
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$360K
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$337K -$24K -970 -7%
GPGA
42
Grandeur Peak Global Advisors
Utah
$325K
PA
43
Parallel Advisors
California
$311K
Bank of America
44
Bank of America
North Carolina
$294K +$164K +6,616 +144%
Victory Capital Management
45
Victory Capital Management
Texas
$258K -$1.11K -45 -0.5%
Osaic Holdings
46
Osaic Holdings
Arizona
$258K +$16.9K +685 +7%
TA
47
Tiedemann Advisors
New York
$244K +$230K +9,320 New
IB
48
Intrust Bank
Kansas
$233K +$220K +8,911 New
MML Investors Services
49
MML Investors Services
Massachusetts
$210K +$198K +8,001 New
Barclays
50
Barclays
United Kingdom
$199K -$34.3K -1,387 -15%

CCB Hedge Fund Activity: Q1 2021 in Review

71 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q1 2021, worth a combined $162M — up 19% from $136M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new CCB positions and 2 closed out — a net gain of 8 holders — while 21 added to existing stakes and 22 trimmed.

The largest buyer was EAM Investors, opening a new position worth an estimated $1.38M. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $11.2M sold.

  • 71 institutional investors held Coastal Financial (CCB) as of Q1 2021, up from 63 in Q4 2020.
  • Funds reported $162M of Coastal Financial stock for Q1 2021, up 19% quarter-over-quarter.
  • 10 funds opened new Coastal Financial positions in Q1 2021 and 2 closed out, a net change of +8 holders.
  • The largest Coastal Financial buyer in Q1 2021 was EAM Investors, an estimated $1.38M added.
  • The largest Coastal Financial seller in Q1 2021 was Brinker Capital Investments, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2021.