Coastal Financial
CCB
71 hedge funds and large institutions have $162M invested in Coastal Financial in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
19% more capital invested
Capital invested by funds: $137M → $162M (+$25.5M)
13% more funds holding
Funds holding: 63 → 71 (+8)
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
2.79% less ownership
Funds ownership: 54.38% → 51.59% (-2.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$1.38M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$1.37M |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.09M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.06M |
| 5 |
BlackRock
New York
|
+$929K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$11.2M |
| 2 |
HPCM
Hunter Perkins Capital Management
Lombard,
Illinois
|
-$784K |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$718K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$460K |
| 5 |
Morgan Stanley
New York
|
-$377K |
CCB Hedge Fund Activity: Q1 2021 in Review
71 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q1 2021, worth a combined $162M — up 19% from $137M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CCB positions and 2 closed out — a net gain of 8 holders — while 21 added to existing stakes and 22 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.38M. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $11.2M sold.
- 71 institutional investors held Coastal Financial (CCB) as of Q1 2021, up from 63 in Q4 2020.
- Funds reported $162M of Coastal Financial stock for Q1 2021, up 19% quarter-over-quarter.
- 10 funds opened new Coastal Financial positions in Q1 2021 and 2 closed out, a net change of +8 holders.
- The largest Coastal Financial buyer in Q1 2021 was EAM Investors, an estimated $1.38M added.
- The largest Coastal Financial seller in Q1 2021 was Brinker Capital Investments, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2021.