Coastal Financial
CCB
51 hedge funds and large institutions have $78.6M invested in Coastal Financial in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 2 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 9
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
41% more capital invested
Capital invested by funds: $55.8M → $78.6M (+$22.8M)
8.07% more ownership
Funds ownership: 30.81% → 38.88% (+8.1%)
6% more funds holding
Funds holding: 48 → 51 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$6.2M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.31M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.13M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$426K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$464K |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$305K |
| 3 |
Morgan Stanley
New York
|
-$146K |
| 4 |
BlackRock
New York
|
-$97.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$31.2K |
CCB Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q1 2019, worth a combined $78.6M — up 41% from $55.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CCB positions and 2 closed out — a net gain of 3 holders — while 23 added to existing stakes and 9 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $6.2M. The largest seller was Millennium Management, cutting an estimated $464K.
- 51 institutional investors held Coastal Financial (CCB) as of Q1 2019, up from 48 in Q4 2018.
- Funds reported $78.6M of Coastal Financial stock for Q1 2019, up 41% quarter-over-quarter.
- 5 funds opened new Coastal Financial positions in Q1 2019 and 2 closed out, a net change of +3 holders.
- The largest Coastal Financial buyer in Q1 2019 was FJ Capital Management, an estimated $6.2M added.
- The largest Coastal Financial seller in Q1 2019 was Millennium Management, an estimated $464K sold.
Based on aggregated 13F filings for Q1 2019.