Coastal Financial
CCB
68 hedge funds and large institutions have $60.8M 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.
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
0.11% more ownership
Funds ownership: 48.15% → 48.26% (+0.11%)
6% less funds holding
Funds holding: 72 → 68 (-4)
36% less capital invested
Capital invested by funds: $94.4M → $60.8M (-$33.7M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$5.85M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$3.19M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.81M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$379K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GH
Grosvenor Holdings
Chicago,
Illinois
|
-$6.36M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$3.21M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$1.33M |
| 4 |
Renaissance Technologies
New York
|
-$340K |
| 5 |
SIM
Spark Investment Management
New York
|
-$233K |
CCB Hedge Fund Activity: Q1 2020 in Review
68 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q1 2020, worth a combined $60.8M — 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 $60.8M 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.