Coastal Financial
116 hedge funds and large institutions have $358M invested in Coastal Financial in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 40 reducing their positions, and 12 closing their positions.
7% more capital invested
Capital invested by funds: $333M → $358M (+$24.7M)
2.16% more ownership
Funds ownership: 58.55% → 60.71% (+2.2%)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1% less funds holding
Funds holding: 117 → 116 (-1)
3% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 40
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.84M |
| 2 |
Morgan Stanley
New York
|
+$2.51M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$2M |
| 4 |
JP Morgan Chase
New York
|
+$1.51M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$3.72M |
| 2 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$1.7M |
| 3 |
PFO
PMC FIG Opportunities
Jerusalem,
Israel
|
-$1.69M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.17M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$647K |
CCB Hedge Fund Activity: Q4 2023 in Review
116 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q4 2023, worth a combined $358M — up 7.4% from $333M a quarter earlier.
Fund positioning in CCB was balanced in Q4 2023: 12 funds opened new positions, 12 closed out, 39 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $3.84M. The largest seller was Boothbay Fund Management, cutting an estimated $3.72M.
- 116 institutional investors held Coastal Financial (CCB) as of Q4 2023, down from 117 in Q3 2023.
- Funds reported $358M of Coastal Financial stock for Q4 2023, up 7.4% quarter-over-quarter.
- 12 funds opened new Coastal Financial positions in Q4 2023 and 12 closed out, a net change of 0 holders.
- The largest Coastal Financial buyer in Q4 2023 was BlackRock, an estimated $3.84M added.
- The largest Coastal Financial seller in Q4 2023 was Boothbay Fund Management, an estimated $3.72M sold.
Based on aggregated 13F filings for Q4 2023.