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Coastal Financial

68 hedge funds and large institutions have $60.9M invested in Coastal Financial in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 21

0.19% more ownership

Funds ownership: 48.15%48.34% (+0.19%)

6% less funds holding

Funds holding: 7268 (-4)

36% less capital invested

Capital invested by funds: $94.4M → $60.9M (-$33.6M)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

Holders
68
Holders Change
-4
Holders Change %
-5.56%
% of All Funds
1.5%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
29
Reduced
21
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
EJF Capital
Virginia
$10.7M -$200K -12,777 -1%
FCM
2
FJ Capital Management
Virginia
$8.3M +$3.19M +204,000 +35%
ECA
3
Endeavour Capital Advisors
Connecticut
$6.41M +$5.85M +374,116 +159%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$6.4M -$2.34K -150 -0%
BlackRock
5
BlackRock
New York
$4.55M +$63.8K +4,081 +1%
Vanguard Group
6
Vanguard Group
Pennsylvania
$3.96M +$379K +24,262 +7%
Stifel Financial
7
Stifel Financial
Missouri
$1.5M +$21.1K +1,350 +1%
CCM
8
Carlson Capital Management
Minnesota
$1.49M
AllianceBernstein
9
AllianceBernstein
Tennessee
$1.48M -$130K -8,294 -6%
KCM
10
Kennedy Capital Management
Missouri
$1.41M +$1.81M +115,964 +637%
State Street
11
State Street
Massachusetts
$1.21M +$76.1K +4,869 +4%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.09M +$135K +8,668 +9%
HIM
13
Harbour Investment Management
Washington
$1.06M
BFC
14
Banc Funds Company
Illinois
$1.05M
Renaissance Technologies
15
Renaissance Technologies
New York
$1.04M -$340K -21,737 -18%
Northern Trust
16
Northern Trust
Illinois
$878K +$67.9K +4,344 +5%
BC
17
Brinker Capital
Pennsylvania
$849K +$126K +8,093 +11%
RJA
18
Raymond James & Associates
Florida
$732K
GCIA
19
Gabelli & Co Investment Advisers
New York
$502K -$34.4K -2,200 -4%
PI
20
Putnam Investments
Massachusetts
$499K +$106K +6,800 +17%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$369K +$103K +6,604 +23%
ACM
22
Advisors Capital Management
New Jersey
$358K +$53.3K +3,412 +11%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$300K -$24.3K -1,555 -5%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$290K +$28.7K +1,834 +7%
Morgan Stanley
25
Morgan Stanley
New York
$287K -$116K -7,402 -21%

CCB Hedge Fund Activity: Q1 2020 in Review

68 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q1 2020, worth a combined $60.9M — down 36% from $94.4M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of CCB and 4 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 29 added.

The largest buyer was Endeavour Capital Advisors, adding an estimated $5.85M. The largest seller was Grosvenor Holdings, exiting entirely with an estimated $6.36M sold.

  • 68 institutional investors held Coastal Financial (CCB) as of Q1 2020, down from 72 in Q4 2019.
  • Funds reported $60.9M of Coastal Financial stock for Q1 2020, down 36% quarter-over-quarter.
  • 4 funds opened new Coastal Financial positions in Q1 2020 and 7 closed out, a net change of -3 holders.
  • The largest Coastal Financial buyer in Q1 2020 was Endeavour Capital Advisors, an estimated $5.85M added.
  • The largest Coastal Financial seller in Q1 2020 was Grosvenor Holdings, an estimated $6.36M sold.

Based on aggregated 13F filings for Q1 2020.