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Coastal Financial

146 hedge funds and large institutions have $455M invested in Coastal Financial in 2024 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 4

22% more capital invested

Capital invested by funds: $373M → $455M (+$82M)

17% more funds holding

Funds holding: 125146 (+21)

16% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 45

2.34% more ownership

Funds ownership: 60.25%62.6% (+2.3%)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
146
Holders Change
+21
Holders Change %
+16.8%
% of All Funds
2.1%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
26
Increased
52
Reduced
45
Closed
4
Calls
$205K
Puts
Net Calls
+$205K
Net Calls Change
+$2.03M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$60.3M +$2.41M +48,090 +4%
T. Rowe Price Investment Management
2
T. Rowe Price Investment Management
Maryland
$48.5M -$166K -3,310 -0.4%
ECA
3
Endeavour Capital Advisors
Connecticut
$40.4M -$114K -2,280 -0.3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$33.2M +$2.01M +40,103 +7%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$20M +$561K +11,185 +3%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$19M -$493K -9,833 -3%
State Street
7
State Street
Massachusetts
$17M +$370K +7,386 +2%
GKIM
8
GW&K Investment Management
Massachusetts
$16.7M +$226K +4,500 +1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$14M -$1.4M -27,914 -10%
KCM
10
Kennedy Capital Management
Missouri
$11.7M -$1.97M -39,261 -15%
JAM
11
Jacobs Asset Management
New York
$10.1M +$786K +15,683 +9%
ACM
12
Advisors Capital Management
New Jersey
$8.67M +$26.1K +520 +0.3%
American Century Companies
13
American Century Companies
Missouri
$8.41M +$728K +14,524 +10%
AllianceBernstein
14
AllianceBernstein
Tennessee
$8.06M -$2.34M -46,600 -24%
JP Morgan Chase
15
JP Morgan Chase
New York
$6.32M +$1.7M +33,964 +41%
Northern Trust
16
Northern Trust
Illinois
$5.81M -$18.1K -361 -0.3%
BFM
17
Boothbay Fund Management
New York
$5.58M -$2.74M -54,664 -35%
Charles Schwab
18
Charles Schwab
California
$4.97M +$3.01M +60,106 +188%
Invesco
19
Invesco
Georgia
$4.7M +$2.8M +55,890 +179%
BCI
20
Brinker Capital Investments
Pennsylvania
$4.56M -$290K -5,781 -6%
OPS
21
Orion Portfolio Solutions
Nebraska
$4.56M -$290K -5,781 -6%
SCA
22
Stieven Capital Advisors
Missouri
$4M +$977K +19,500 +36%
State of Wisconsin Investment Board
23
State of Wisconsin Investment Board
Wisconsin
$3.95M +$293K +5,836 +9%
Stifel Financial
24
Stifel Financial
Missouri
$3.83M +$247K +4,925 +7%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$3.33M +$183K +3,645 +6%

CCB Hedge Fund Activity: Q3 2024 in Review

146 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Coastal Financial (CCB) for Q3 2024, worth a combined $455M — up 22% from $373M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new CCB positions and 4 closed out — a net gain of 22 holders — while 52 added to existing stakes and 45 trimmed.

The largest buyer was Charles Schwab, adding an estimated $3.01M. The largest seller was Boothbay Fund Management, cutting an estimated $2.74M.

  • 146 institutional investors held Coastal Financial (CCB) as of Q3 2024, up from 125 in Q2 2024.
  • Funds reported $455M of Coastal Financial stock for Q3 2024, up 22% quarter-over-quarter.
  • 26 funds opened new Coastal Financial positions in Q3 2024 and 4 closed out, a net change of +22 holders.
  • The largest Coastal Financial buyer in Q3 2024 was Charles Schwab, an estimated $3.01M added.
  • The largest Coastal Financial seller in Q3 2024 was Boothbay Fund Management, an estimated $2.74M sold.

Based on aggregated 13F filings for Q3 2024.