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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
New York State Common Retirement Fund
51
New York State Common Retirement Fund
New York
$241K -$60 -2 -0%
MML Investors Services
52
MML Investors Services
Massachusetts
$235K -$50K -1,677 -19%
CAPTRUST Financial Advisors
53
CAPTRUST Financial Advisors
North Carolina
$233K -$3.31K -111 -1%
TA
54
Tiedemann Advisors
New York
$232K
Royal Bank of Canada
55
Royal Bank of Canada
Ontario, Canada
$213K +$10.2K +343 +5%
Goldman Sachs
56
Goldman Sachs
New York
$201K +$188K +6,296 New
State of Wisconsin Investment Board
57
State of Wisconsin Investment Board
Wisconsin
$201K +$188K +6,300 New
AIG
58
American International Group
New York
$165K -$3.67K -123 -2%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$163K -$235K -7,899 -61%
TCM
60
Tradewinds Capital Management
Washington
$131K
SG Americas Securities
61
SG Americas Securities
New York
$129K +$121K +4,056 New
Barclays
62
Barclays
United Kingdom
$123K +$78.7K +2,642 +216%
MIM
63
MetLife Investment Management
New Jersey
$110K +$102K +3,437 New
MLICM
64
Metropolitan Life Insurance Company (MetLife)
New York
$82.8K +$77.5K +2,600 New
Morgan Stanley
65
Morgan Stanley
New York
$66K -$47.1K -1,581 -43%
Bank of America
66
Bank of America
North Carolina
$55K -$5.33K -179 -9%
BNP Paribas Financial Markets
67
BNP Paribas Financial Markets
France
$53.1K +$40.6K +1,363 +448%
DWA
68
Dorsey Wright & Associates
California
$50K +$3.69K +124 +8%
APA
69
American Portfolios Advisors
New York
$42.5K +$4.95K +166 +14%
Citigroup
70
Citigroup
New York
$35K +$19.4K +650 +144%
Russell Investments Group
71
Russell Investments Group
United Kingdom
$32K -$276K -9,264 -90%
Legal & General Group
72
Legal & General Group
United Kingdom
$28K
TRCT
73
Tower Research Capital (TRC)
New York
$22K -$9.74K -327 -33%
AIP
74
Ameritas Investment Partners
Nebraska
$17K
Lazard Asset Management
75
Lazard Asset Management
New York
$17K

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.