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.
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: 1 → 2 (+1)
14% more funds holding
Funds holding: 69 → 79 (+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%)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
76
ClariVest Asset Management
San Diego,
California
| $11K | – | – | – |
|
|
IAS
77
IMA Advisory Services
Denver,
Colorado
| $7K | – | – | – |
|
78
Wells Fargo
San Francisco,
California
| $1K | +$1.1K | +37 | New |
|
79
Nisa Investment Advisors
St. Louis,
Missouri
| $19 | – | – | – |
|
|
HPCM
80
Hunter Perkins Capital Management
Lombard,
Illinois
| – | -$4.33M | -151,675 | Closed |
|
81
Millennium Management
New York
| – | -$302K | -10,590 | Closed |
|
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.