Coastal Financial
CCB
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.
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: 125 → 146 (+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: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$3.01M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.8M |
| 3 |
BlackRock
New York
|
+$2.41M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.01M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$2.74M |
| 2 |
PFO
PMC FIG Opportunities
Jerusalem,
Israel
|
-$2.52M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.34M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.97M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.9M |
CCB Hedge Fund Activity: Q3 2024 in Review
146 of the 6,978 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.