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Coastal Financial

117 hedge funds and large institutions have $333M invested in Coastal Financial in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

15% more capital invested

Capital invested by funds: $290M → $333M (+$43.1M)

7% more funds holding

Funds holding: 109117 (+8)

0.49% more ownership

Funds ownership: 58.05%58.55% (+0.49%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

8% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 39

31% less call options, than puts

Call options by funds: $206K | Put options by funds: $300K

Holders
117
Holders Change
+8
Holders Change %
+7.34%
% of All Funds
1.86%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
18
Increased
36
Reduced
39
Closed
10
Calls
$206K
Puts
$300K
Net Calls
-$94K
Net Calls Change
-$94K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Investment Management
1
T. Rowe Price Investment Management
Maryland
$35.3M +$32.1K +739 +0.1%
BlackRock
2
BlackRock
New York
$31.7M -$585K -13,486 -2%
ECA
3
Endeavour Capital Advisors
Connecticut
$31.3M -$73.8K -1,701 -0.2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$24.8M +$401K +9,244 +2%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$24.1M -$1.44M -33,118 -6%
GKIM
6
GW&K Investment Management
Massachusetts
$13M +$2.4M +55,225 +22%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$12.7M +$1.49M +34,215 +13%
KCM
8
Kennedy Capital Management
Missouri
$11.3M +$1.68M +38,632 +17%
State Street
9
State Street
Massachusetts
$11.1M -$703K -16,197 -6%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$10.5M +$350K +8,074 +3%
AllianceBernstein
11
AllianceBernstein
Tennessee
$9.69M -$25.2K -580 -0.3%
BFM
12
Boothbay Fund Management
New York
$6.44M +$1.07M +24,586 +20%
ACM
13
Advisors Capital Management
New Jersey
$5.96M -$42.9K -989 -0.7%
CRC
14
Curi RMB Capital
Illinois
$5.79M -$651K -15,000 -10%
EC
15
EJF Capital
Virginia
$5.64M -$1.76M -40,658 -24%
JC
16
JCSD Capital
California
$5.01M +$511K +11,763 +11%
BCI
17
Brinker Capital Investments
Pennsylvania
$4.56M -$341K -7,851 -7%
OPS
18
Orion Portfolio Solutions
Nebraska
$4.56M -$341K -7,851 -7%
Northern Trust
19
Northern Trust
Illinois
$4.4M +$172K +3,965 +4%
Invesco
20
Invesco
Georgia
$3.58M +$2.64M +60,876 +270%
PI
21
Putnam Investments
Massachusetts
$3.57M -$169K -3,900 -4%
CCM
22
Carlson Capital Management
Minnesota
$2.98M
Stifel Financial
23
Stifel Financial
Missouri
$2.83M -$434K -10,000 -13%
RHCA
24
Rosenthal Henry Capital Advisors
Indiana
$2.78M
American Century Companies
25
American Century Companies
Missouri
$2.73M +$1.02M +23,449 +58%

CCB Hedge Fund Activity: Q3 2023 in Review

117 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q3 2023, worth a combined $333M — up 15% from $290M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new CCB positions and 10 closed out — a net gain of 8 holders — while 36 added to existing stakes and 39 trimmed.

The largest buyer was Invesco, adding an estimated $2.64M. The largest seller was Harbour Investment Management, exiting entirely with an estimated $3.89M sold.

  • 117 institutional investors held Coastal Financial (CCB) as of Q3 2023, up from 109 in Q2 2023.
  • Funds reported $333M of Coastal Financial stock for Q3 2023, up 15% quarter-over-quarter.
  • 18 funds opened new Coastal Financial positions in Q3 2023 and 10 closed out, a net change of +8 holders.
  • The largest Coastal Financial buyer in Q3 2023 was Invesco, an estimated $2.64M added.
  • The largest Coastal Financial seller in Q3 2023 was Harbour Investment Management, an estimated $3.89M sold.

Based on aggregated 13F filings for Q3 2023.