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Coastal Financial

79 hedge funds and large institutions have $206M invested in Coastal Financial in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 2

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

14% more funds holding

Funds holding: 6979 (+10)

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

12% more capital invested

Capital invested by funds: $184M → $206M (+$21.8M)

0.29% more ownership

Funds ownership: 53.82%54.1% (+0.29%)

Holders
79
Holders Change
+10
Holders Change %
+14.49%
% of All Funds
1.38%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
13
Increased
24
Reduced
21
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
EJF Capital
Virginia
$29.2M +$1.03M +34,525 +4%
ECA
2
Endeavour Capital Advisors
Connecticut
$22.7M
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$19.6M +$79.5K +2,669 +0.4%
BlackRock
4
BlackRock
New York
$16.7M +$877K +29,431 +6%
Vanguard Group
5
Vanguard Group
Pennsylvania
$13.8M +$139K +4,655 +1%
FCM
6
FJ Capital Management
Virginia
$13.4M -$9.42M -316,000 -43%
BCI
7
Brinker Capital Investments
Pennsylvania
$10.1M
KCM
8
Kennedy Capital Management
Missouri
$7.12M -$49.4K -1,658 -0.7%
State Street
9
State Street
Massachusetts
$5.53M +$637K +21,360 +14%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$5.1M +$51.6K +1,732 +1%
CCM
11
Carlson Capital Management
Minnesota
$3.8M
ACM
12
Advisors Capital Management
New Jersey
$3.69M +$691K +23,172 +25%
MCA
13
Mendon Capital Advisors
Florida
$3.37M +$2.66M +89,169 +541%
HIM
14
Harbour Investment Management
Washington
$3.21M
AllianceBernstein
15
AllianceBernstein
Tennessee
$3.04M -$68.5K -2,300 -2%
Northern Trust
16
Northern Trust
Illinois
$2.75M -$153K -5,135 -6%
Stifel Financial
17
Stifel Financial
Missouri
$2.39M
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$2.25M -$187K -6,285 -8%
BFM
19
Boothbay Fund Management
New York
$2.23M +$2.09M +70,000 New
RJA
20
Raymond James & Associates
Florida
$2.22M
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$2.21M +$268K +8,997 +15%
Renaissance Technologies
22
Renaissance Technologies
New York
$2.17M +$259K +8,700 +15%
SCC
23
Second Curve Capital
Pennsylvania
$2.13M +$1.99M +66,753 New
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$1.99M +$1.86M +62,358 New
BFC
25
Banc Funds Company
Illinois
$1.9M

CCB Hedge Fund Activity: Q3 2021 in Review

79 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q3 2021, worth a combined $206M — up 12% from $184M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new CCB positions and 2 closed out — a net gain of 11 holders — while 24 added to existing stakes and 21 trimmed.

The largest buyer was Mendon Capital Advisors, adding an estimated $2.66M. The largest seller was FJ Capital Management, cutting an estimated $9.42M.

  • 79 institutional investors held Coastal Financial (CCB) as of Q3 2021, up from 69 in Q2 2021.
  • Funds reported $206M of Coastal Financial stock for Q3 2021, up 12% quarter-over-quarter.
  • 13 funds opened new Coastal Financial positions in Q3 2021 and 2 closed out, a net change of +11 holders.
  • The largest Coastal Financial buyer in Q3 2021 was Mendon Capital Advisors, an estimated $2.66M added.
  • The largest Coastal Financial seller in Q3 2021 was FJ Capital Management, an estimated $9.42M sold.

Based on aggregated 13F filings for Q3 2021.