Coastal Financial
CCB
53 hedge funds and large institutions have $81.6M invested in Coastal Financial in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 9 reducing their positions, and 2 closing their positions.
222% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
5.14% more ownership
Funds ownership: 38.88% → 44.02% (+5.1%)
4% more funds holding
Funds holding: 51 → 53 (+2)
4% more capital invested
Capital invested by funds: $78.6M → $81.6M (+$3.04M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
GH
Grosvenor Holdings
Chicago,
Illinois
|
+$7.9M |
| 2 |
BlackRock
New York
|
+$1.06M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$965K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$303K |
| 5 |
Millennium Management
New York
|
+$254K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
51
American Portfolios Advisors
Holbrook,
New York
| $1.9K | +$2K | +123 | New |
|
52
Morgan Stanley
New York
| $1K | -$40.9K | -2,514 | -96% |
|
|
CI
53
CX Institutional
Auburn,
Indiana
| $1K | +$1.17K | +72 | New |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$18K | -1,054 | Closed |
|
|
CCA
55
Catalyst Capital Advisors
Huntington,
New York
| – | -$6K | -352 | Closed |
|
CCB Hedge Fund Activity: Q2 2019 in Review
53 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q2 2019, worth a combined $81.6M — up 3.9% from $78.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CCB positions and 2 closed out — a net gain of 2 holders — while 29 added to existing stakes and 9 trimmed.
The largest buyer was Grosvenor Holdings, opening a new position worth an estimated $7.9M. The largest seller was EJF Capital, cutting an estimated $972K.
- 53 institutional investors held Coastal Financial (CCB) as of Q2 2019, up from 51 in Q1 2019.
- Funds reported $81.6M of Coastal Financial stock for Q2 2019, up 3.9% quarter-over-quarter.
- 4 funds opened new Coastal Financial positions in Q2 2019 and 2 closed out, a net change of +2 holders.
- The largest Coastal Financial buyer in Q2 2019 was Grosvenor Holdings, an estimated $7.9M added.
- The largest Coastal Financial seller in Q2 2019 was EJF Capital, an estimated $972K sold.
Based on aggregated 13F filings for Q2 2019.