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Coastal Financial

63 hedge funds and large institutions have $136M invested in Coastal Financial in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more capital invested

Capital invested by funds: $71.5M → $136M (+$65M)

63% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 16

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

5.46% more ownership

Funds ownership: 48.92%54.38% (+5.5%)

3% more funds holding

Funds holding: 6163 (+2)

Holders
63
Holders Change
+2
Holders Change %
+3.28%
% of All Funds
1.11%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
26
Reduced
16
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
EJF Capital
Virginia
$19.1M -$294K -16,487 -2%
FCM
2
FJ Capital Management
Virginia
$16.7M
ECA
3
Endeavour Capital Advisors
Connecticut
$15M +$125 +7 +0%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.6M -$148K -8,315 -1%
BCI
5
Brinker Capital Investments
Pennsylvania
$11.2M +$7.02M +393,473 +284%
BlackRock
6
BlackRock
New York
$10.1M +$766K +42,942 +10%
Vanguard Group
7
Vanguard Group
Pennsylvania
$7.72M -$87.9K -4,928 -1%
HPCM
8
Hunter Perkins Capital Management
Illinois
$4.94M +$4.2M +235,330 New
KCM
9
Kennedy Capital Management
Missouri
$4.28M +$370K +20,752 +11%
State Street
10
State Street
Massachusetts
$3.52M +$247K +13,844 +9%
CCM
11
Carlson Capital Management
Minnesota
$2.62M
Geode Capital Management
12
Geode Capital Management
Massachusetts
$2.58M +$72.2K +4,045 +3%
AllianceBernstein
13
AllianceBernstein
Tennessee
$2.23M -$239K -13,393 -11%
HIM
14
Harbour Investment Management
Washington
$2.12M
Northern Trust
15
Northern Trust
Illinois
$2.03M -$29.9K -1,675 -2%
Stifel Financial
16
Stifel Financial
Missouri
$1.57M
RJA
17
Raymond James & Associates
Florida
$1.46M
Renaissance Technologies
18
Renaissance Technologies
New York
$1.38M -$134K -7,500 -10%
ACM
19
Advisors Capital Management
New Jersey
$1.28M +$390K +21,886 +56%
BFC
20
Banc Funds Company
Illinois
$1.25M -$719K -40,328 -40%
PAM
21
Panagora Asset Management
Massachusetts
$1.13M +$40.4K +2,264 +4%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$901K +$63.6K +3,563 +9%
PI
23
Putnam Investments
Massachusetts
$873K -$141K -7,900 -16%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$788K +$204K +11,454 +44%
Morgan Stanley
25
Morgan Stanley
New York
$746K +$86.7K +4,862 +16%

CCB Hedge Fund Activity: Q4 2020 in Review

63 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q4 2020, worth a combined $136M — up 91% from $71.5M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new CCB positions and 5 closed out — a net gain of 2 holders — while 26 added to existing stakes and 16 trimmed.

The largest buyer was Brinker Capital Investments, adding an estimated $7.02M. The largest seller was Banc Funds Company, cutting an estimated $719K.

  • 63 institutional investors held Coastal Financial (CCB) as of Q4 2020, up from 61 in Q3 2020.
  • Funds reported $136M of Coastal Financial stock for Q4 2020, up 91% quarter-over-quarter.
  • 7 funds opened new Coastal Financial positions in Q4 2020 and 5 closed out, a net change of +2 holders.
  • The largest Coastal Financial buyer in Q4 2020 was Brinker Capital Investments, an estimated $7.02M added.
  • The largest Coastal Financial seller in Q4 2020 was Banc Funds Company, an estimated $719K sold.

Based on aggregated 13F filings for Q4 2020.