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Coastal Financial

79 hedge funds and large institutions have $206M invested in Coastal Financial in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 2

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

14% more funds holding

Funds holding: 6979 (+10)

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

12% more capital invested

Capital invested by funds: $184M → $206M (+$21.8M)

0.29% more ownership

Funds ownership: 53.82%54.1% (+0.29%)

Holders
79
Holders Change
+10
Holders Change %
+14.49%
% of All Funds
1.38%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
13
Increased
24
Reduced
21
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TC
26
TownSquare Capital
Utah
$1.83M +$192K +6,426 +13%
MCM
27
Maltese Capital Management
New York
$1.76M
PI
28
Putnam Investments
Massachusetts
$1.72M
ERSOT
29
Employees Retirement System of Texas
Texas
$1.59M +$1.49M +50,000 New
JC
30
JCSD Capital
California
$1.18M +$525K +17,615 +90%
GCIA
31
Gabelli & Co Investment Advisers
New York
$1.18M
Bank of New York Mellon
32
Bank of New York Mellon
New York
$1.15M +$428K +14,350 +66%
Truist Financial
33
Truist Financial
North Carolina
$1.14M -$51.3K -1,722 -5%
EI
34
EAM Investors
California
$1.09M -$745 -25 -0.1%
PAM
35
Panagora Asset Management
Massachusetts
$1.09M -$12.6K -424 -1%
N
36
Nuveen
North Carolina
$867K -$50.5K -1,694 -6%
Charles Schwab
37
Charles Schwab
California
$804K +$53.6K +1,800 +8%
GPGA
38
Grandeur Peak Global Advisors
Utah
$797K +$376K +12,606 +102%
Deutsche Bank
39
Deutsche Bank
Germany
$485K -$8.14K -273 -2%
FBT
40
First Bank & Trust
South Dakota
$463K
JP Morgan Chase
41
JP Morgan Chase
New York
$460K -$203K -6,796 -32%
Acadian Asset Management
42
Acadian Asset Management
Massachusetts
$376K
PA
43
Parallel Advisors
California
$376K
IB
44
Intrust Bank
Kansas
$337K +$10.5K +351 +3%
Osaic Holdings
45
Osaic Holdings
Arizona
$334K +$10K +337 +3%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$306K +$15.2K +511 +6%
EMFAT
47
Emerald Mutual Fund Advisers Trust
Pennsylvania
$265K +$248K +8,325 New
Victory Capital Management
48
Victory Capital Management
Texas
$261K -$4.2K -141 -2%
FHA
49
First Horizon Advisors
Tennessee
$250K +$234K +7,857 New
PCM
50
Prelude Capital Management
New York
$246K +$230K +7,713 New

CCB Hedge Fund Activity: Q3 2021 in Review

79 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q3 2021, worth a combined $206M — up 12% from $184M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new CCB positions and 2 closed out — a net gain of 11 holders — while 24 added to existing stakes and 21 trimmed.

The largest buyer was Mendon Capital Advisors, adding an estimated $2.66M. The largest seller was FJ Capital Management, cutting an estimated $9.42M.

  • 79 institutional investors held Coastal Financial (CCB) as of Q3 2021, up from 69 in Q2 2021.
  • Funds reported $206M of Coastal Financial stock for Q3 2021, up 12% quarter-over-quarter.
  • 13 funds opened new Coastal Financial positions in Q3 2021 and 2 closed out, a net change of +11 holders.
  • The largest Coastal Financial buyer in Q3 2021 was Mendon Capital Advisors, an estimated $2.66M added.
  • The largest Coastal Financial seller in Q3 2021 was FJ Capital Management, an estimated $9.42M sold.

Based on aggregated 13F filings for Q3 2021.