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Coastal Financial

69 hedge funds and large institutions have $184M invested in Coastal Financial in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $162M → $184M (+$22.2M)

2.22% more ownership

Funds ownership: 51.59%53.82% (+2.2%)

7% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 27

3% less funds holding

Funds holding: 7169 (-2)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
69
Holders Change
-2
Holders Change %
-2.82%
% of All Funds
1.2%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
25
Reduced
27
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
EJF Capital
Virginia
$25.2M
FCM
2
FJ Capital Management
Virginia
$21.1M -$1.26M -43,000 -6%
ECA
3
Endeavour Capital Advisors
Connecticut
$20.4M
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$17.5M +$493K +16,834 +3%
BlackRock
5
BlackRock
New York
$14.1M -$711K -24,284 -5%
Vanguard Group
6
Vanguard Group
Pennsylvania
$12.2M +$1.35M +45,931 +12%
BCI
7
Brinker Capital Investments
Pennsylvania
$10.1M +$10.3M +352,227 New
KCM
8
Kennedy Capital Management
Missouri
$6.43M +$240K +8,180 +4%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$4.52M +$283K +9,657 +6%
State Street
10
State Street
Massachusetts
$4.35M -$232K -7,921 -5%
HPCM
11
Hunter Perkins Capital Management
Illinois
$4.33M -$1.52M -51,950 -26%
CCM
12
Carlson Capital Management
Minnesota
$3.41M
HIM
13
Harbour Investment Management
Washington
$2.88M
AllianceBernstein
14
AllianceBernstein
Tennessee
$2.79M -$134K -4,588 -4%
ACM
15
Advisors Capital Management
New Jersey
$2.65M +$430K +14,686 +19%
Northern Trust
16
Northern Trust
Illinois
$2.61M +$51.3K +1,751 +2%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$2.19M -$107K -3,639 -5%
Stifel Financial
18
Stifel Financial
Missouri
$2.14M
RJA
19
Raymond James & Associates
Florida
$1.99M -$38.5K -1,313 -2%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$1.72M +$202K +6,914 +13%
BFC
21
Banc Funds Company
Illinois
$1.7M
Renaissance Technologies
22
Renaissance Technologies
New York
$1.7M +$17.5K +597 +1%
MCM
23
Maltese Capital Management
New York
$1.58M +$2.93K +100 +0.2%
PI
24
Putnam Investments
Massachusetts
$1.54M +$117K +3,986 +8%
TC
25
TownSquare Capital
Utah
$1.43M +$316K +10,790 +27%

CCB Hedge Fund Activity: Q2 2021 in Review

69 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q2 2021, worth a combined $184M — up 14% from $162M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of CCB and 4 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 25 added.

The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $10.3M. The largest seller was Hunter Perkins Capital Management, cutting an estimated $1.52M.

  • 69 institutional investors held Coastal Financial (CCB) as of Q2 2021, down from 71 in Q1 2021.
  • Funds reported $184M of Coastal Financial stock for Q2 2021, up 14% quarter-over-quarter.
  • 4 funds opened new Coastal Financial positions in Q2 2021 and 6 closed out, a net change of -2 holders.
  • The largest Coastal Financial buyer in Q2 2021 was Brinker Capital Investments, an estimated $10.3M added.
  • The largest Coastal Financial seller in Q2 2021 was Hunter Perkins Capital Management, an estimated $1.52M sold.

Based on aggregated 13F filings for Q2 2021.