Coastal Financial
CCB
62 hedge funds and large institutions have $85.3M invested in Coastal Financial in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
17% more funds holding
Funds holding: 53 → 62 (+9)
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
3.28% more ownership
Funds ownership: 44.02% → 47.3% (+3.3%)
4% more capital invested
Capital invested by funds: $81.6M → $85.3M (+$3.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$2.64M |
| 2 |
Renaissance Technologies
New York
|
+$1.62M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.53M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.06M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$991K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$3.64M |
| 2 |
CCM
Carlson Capital Management
Northfield,
Minnesota
|
-$1.28M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$754K |
| 4 |
Millennium Management
New York
|
-$712K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$421K |
CCB Hedge Fund Activity: Q3 2019 in Review
62 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q3 2019, worth a combined $85.3M — up 4.4% from $81.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CCB positions and 4 closed out — a net gain of 9 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $2.64M. The largest seller was Emerald Mutual Fund Advisers Trust, cutting an estimated $3.64M.
- 62 institutional investors held Coastal Financial (CCB) as of Q3 2019, up from 53 in Q2 2019.
- Funds reported $85.3M of Coastal Financial stock for Q3 2019, up 4.4% quarter-over-quarter.
- 13 funds opened new Coastal Financial positions in Q3 2019 and 4 closed out, a net change of +9 holders.
- The largest Coastal Financial buyer in Q3 2019 was Basswood Capital Management, an estimated $2.64M added.
- The largest Coastal Financial seller in Q3 2019 was Emerald Mutual Fund Advisers Trust, an estimated $3.64M sold.
Based on aggregated 13F filings for Q3 2019.