Coastal Financial
CCB
48 hedge funds and large institutions have $55.8M invested in Coastal Financial in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
55% more capital inflows, than outflows
Capital inflows: $9.26M | Capital outflows: $5.97M
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
12% more funds holding
Funds holding: 43 → 48 (+5)
1.01% more ownership
Funds ownership: 29.8% → 30.81% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carlson Capital Management
Northfield,
Minnesota
|
+$3.64M |
| 2 |
Harbour Investment Management
Edmonds,
Washington
|
+$1.56M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.19M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.05M |
| 5 |
Brinker Capital
Berwyn,
Pennsylvania
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Asset Management
New York
|
-$1.4M |
| 2 |
Schonfeld Strategic Advisors
New York
|
-$1.16M |
| 3 |
EJF Capital
Arlington,
Virginia
|
-$1.12M |
| 4 |
Putnam Investments
Boston,
Massachusetts
|
-$1.06M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$297K |
CCB Hedge Fund Activity: Q4 2018 in Review
48 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q4 2018, worth a combined $55.8M — down 4.4% from $58.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CCB positions and 3 closed out — a net gain of 5 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Carlson Capital Management, opening a new position worth an estimated $3.64M. The largest seller was Jacobs Asset Management, exiting entirely with an estimated $1.4M sold.
- 48 institutional investors held Coastal Financial (CCB) as of Q4 2018, up from 43 in Q3 2018.
- Funds reported $55.8M of Coastal Financial stock for Q4 2018, down 4.4% quarter-over-quarter.
- 8 funds opened new Coastal Financial positions in Q4 2018 and 3 closed out, a net change of +5 holders.
- The largest Coastal Financial buyer in Q4 2018 was Carlson Capital Management, an estimated $3.64M added.
- The largest Coastal Financial seller in Q4 2018 was Jacobs Asset Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q4 2018.