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Coastal Financial

104 hedge funds and large institutions have $285M invested in Coastal Financial in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 34 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

21% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 34

3.21% more ownership

Funds ownership: 56.81%60.02% (+3.2%)

6% less funds holding

Funds holding: 111104 (-7)

15% less capital invested

Capital invested by funds: $336M → $285M (-$50.4M)

29% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 14

Holders
104
Holders Change
-7
Holders Change %
-6.31%
% of All Funds
1.75%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
10
Increased
41
Reduced
34
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ECA
1
Endeavour Capital Advisors
Connecticut
$27.8M +$480K +11,964 +2%
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$25.6M -$314K -7,813 -1%
BlackRock
3
BlackRock
New York
$24M -$682K -16,993 -3%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$21.6M -$300K -7,475 -1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$20.2M +$2.88M +71,658 +16%
EC
6
EJF Capital
Virginia
$16.8M +$442K +11,019 +3%
BCI
7
Brinker Capital Investments
Pennsylvania
$9.32M -$1.42M -35,428 -13%
KCM
8
Kennedy Capital Management
Missouri
$8.48M -$21.6K -539 -0.2%
AllianceBernstein
9
AllianceBernstein
Tennessee
$7.66M +$2.88M +71,814 +56%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$6.84M +$359K +8,947 +5%
State Street
11
State Street
Massachusetts
$6.65M +$436K +10,868 +7%
CRC
12
Curi RMB Capital
Illinois
$5.72M +$6.02M +150,000 New
EMFAT
13
Emerald Mutual Fund Advisers Trust
Pennsylvania
$5.65M -$1.27M -31,664 -18%
ACM
14
Advisors Capital Management
New Jersey
$5.62M +$576K +14,333 +11%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$5.19M +$1.51M +37,596 +38%
BFM
16
Boothbay Fund Management
New York
$4.57M +$1.61M +40,000 +50%
JAM
17
Jacobs Asset Management
New York
$4.5M +$4.74M +117,940 New
CCM
18
Carlson Capital Management
Minnesota
$4.45M
HIM
19
Harbour Investment Management
Washington
$3.94M
Victory Capital Management
20
Victory Capital Management
Texas
$3.68M +$5.5K +137 +0.1%
Renaissance Technologies
21
Renaissance Technologies
New York
$3.67M +$638K +15,900 +20%
PI
22
Putnam Investments
Massachusetts
$3.58M -$108K -2,699 -3%
BFC
23
Banc Funds Company
Illinois
$3.5M
Northern Trust
24
Northern Trust
Illinois
$3.35M +$19.3K +480 +0.5%
RJA
25
Raymond James & Associates
Florida
$2.98M +$392K +9,762 +14%

CCB Hedge Fund Activity: Q2 2022 in Review

104 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q2 2022, worth a combined $285M — down 15% from $336M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of CCB and 10 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 41 added.

The largest buyer was HighTower Trust, opening a new position worth an estimated $11.2M. The largest seller was EAM Investors, exiting entirely with an estimated $2.4M sold.

  • 104 institutional investors held Coastal Financial (CCB) as of Q2 2022, down from 111 in Q1 2022.
  • Funds reported $285M of Coastal Financial stock for Q2 2022, down 15% quarter-over-quarter.
  • 10 funds opened new Coastal Financial positions in Q2 2022 and 14 closed out, a net change of -4 holders.
  • The largest Coastal Financial buyer in Q2 2022 was HighTower Trust, an estimated $11.2M added.
  • The largest Coastal Financial seller in Q2 2022 was EAM Investors, an estimated $2.4M sold.

Based on aggregated 13F filings for Q2 2022.